Neonode Announces Listing on NASDAQ

Neonode, Inc. (OTC BB: NEON) announced today that its application to list the Company's common stock on the NASDAQ Capital Market has been approved by The NASDAQ Stock Market LLC. Trading on NASDAQ is expected to commence at 9:30 a.m. ET on May 1, 2012 under the ticker symbol “NEON”. “We are delighted to achieve a NASDAQ listing for our common stock and look forward to the increased visibility it will help bring to our company,” said Neonode CEO Thomas Eriksson. “This news comes at an exciting time for Neonode as our patented MultiSensing touch technology continues to penetrate and broaden its presence in the marketplace. I believe the NASDAQ listing and our growth of customers and design wins make the future look very exciting”