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Neonode Announces License Deal for Consumer Electronics Products

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Neonode Inc., (NASDAQ: NEON), the optical touch technology company, announced today that it has signed a high volume multi-year license agreement with BYD, which is one of the world's largest product manufacturers of consumer electronics, automotive solutions and green technologies. The BYD device, that is to incorporate Neonode's MultiSensing™ touch solution, is expected to go into mass production in the first quarter 2013.

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