Neonode (NEON) Improves Design Win Numbers by 18

Neonode Inc (NASDAQ: NEON) has added 18 new design-wins during the third quarter of 2012 (ended September 30th), to bring the year-to-date total to 58, which is up over 200% year-over-year. More significantly, the quality of these wins, their associated OEMs, and diversified high-volume end-markets further validate Neonode's optical touch technology and increasing market traction. A substantial increase in the number of wins in the first half of 2012 was expected due to the release of the NN1001 Single Chip Controller, developed together with Texas Instruments, in the beginning of the first quarter. The excellent traction has strengthened in the third quarter, which normally is seasonally soft.

By end market, Neonode has 58 YTD wins across all key segments, including:

• Automotive (12) - includes platform wins at multiple Tier-One global automobile OEMs
  
• Office Equipment (13) - includes multiple platform wins at Tier-One OEMs
  
• Mobile Phones (4) - includes wins at Tier-One handset OEMs
  
• Tablets (8) - includes both technology and industrial design wins with existing and new customers
  
• Toys and gaming (5) - includes wins at award-winning education-device OEM
  
• E-readers (9) – includes five wins at existing customers and four new customers
  
• Other segments (7) – includes Tier One wins for after-market aviation and automobile GPS systems

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