Orlando, FL 1/13/12 (StreetBeat) -- Neonode, Inc. (OTCBB: NEON), the optical touchscreen technology company, today announces that it signed a technology license agreement with a leading global manufacturer of consumer products. Neonode’s zForce® optical touch screen technology will be integrated into a series of consumer products using a color LCD panels. At the customer's request, due to product secrecy issues, the name of the customer and the product category cannot be released at this time.“With our latest contract with another market leading consumer OEM, we extend the reach of zForce® on to devices using LCD and OLED displays. The customer selected our technology as it reduces their bill of material (BOM) cost and increases the performance of their touch products. We believe that the combination of high function and significantly reduced BOM cost will make this another win-win for us, our customer and the consumer,” said Thomas Eriksson, CEO.
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