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Neonode Reaches ZForce License Agreement - Quick Facts

July 9, 2010, Friday, 14:13 GMT | 09:13 EST | 18:43 IST | 21:13 SGT

(RTTNews) - Neonode, Inc. (NEON.OB), a Swedish Optical Touchscreen technology company, said it reached a technology license agreement with e-publishing companies in China in partnership with one of the largest ODM companies in Taiwan. The zForce license includes Neonode's patented touch screen technology supporting high resolution finger navigation with gestures and sweeps.

zForce supports high resolution pen input, multi-finger touch control combined with superior picture quality. zForce is currently being integrated into products such as mobile phones, mobile internet devices, e-books, digital picture frames and tablet PC's.

NEON.OB is currently trading at $0.04, down $0.01 or 16.32%, on a volume of 3 thousand shares.