Czech Republic and Hungary next for Neonode; "We see great potential for the continued roll-out of Neonode N2".STOCKHOLM, Sweden -- Neonode (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :NEON), the Swedish company focusing on the development of unique user experiences, technologies and products within the mobile phone industry, today announced it will launch Neonode N2 on the Czech and Hungarian markets together with Difo, one of the largest distributors in the region. "We are very happy to be able to present such a unique device as Neonode N2 to our partners, such as Vodafone, O2 and T-Mobile, and are looking forward to our strategic partnership with Neonode," said Rudolf Chvatal of RRC RRC Radio Resource Control (3G) RRC Red River College (Canada) RRC Railroad Commission of Texas (Austin, TX) RRC Residency Review Committee (medical) Group in Prague. Through the deal with Difo, a division of the RCC RCC - An extensible language. group and one of the largest distributors of mobile/smart phones in Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , Neonode will get direct distribution of Neonode N2 to both retailers and operators on the Hungarian and Czech markets. Neonode N2 will be distributed in the Czech and Hungarian region beginning in November. "With Difo we now add another piece to the puzzle with a strong regional partner that has achieved great results in Eastern Europe," said Mikael Hagman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Neonode. Neonode showcased its new mobile phone, Neonode N2, earlier this year to critical acclaim. In August Neonode N2 was launched in South Eastern Europe and is planned for several additional markets during the rest of this year and beginning of 2008. "We see great potential for the continued roll-out of Neonode N2 with upcoming releases in Portugal in mid October, followed shortly after that in Spain together with MediaMarkt and in Sweden where we will release a special edition together with Telenor. Sales are according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. expectations both in our own web shop and in Greece, where we have received very positive feedback regarding brand awareness and product demands. We look forward to introducing this unique product to additional markets," Mikael Hagman continued. About Neonode Neonode designs, develops and sells patented technologies and products focused on unique user experiences (UX). With offices in Stockholm, Sweden and San Ramon, California San Ramon is a city in Contra Costa County, California, United States. It is a part of the San Francisco Bay Area. Since 1980, the population of San Ramon has increased by over 128% from 22,356 to 51,027 in 2005. , Neonode Inc. is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (NASDAQ: NEON) with licenses and products sold worldwide through both direct web sales and local distribution partners. More information is available at www.neonode.com. About DIFO (division of RRC Group) DiFo (Digital Focus) is a truly Pan-East European specialized distributor with offices in Moscow, St. Petersburg, Kiev, Almaty, Warsaw, Prague, Budapest, Belgrade, Ljubljana, and an Export Markets division covering additional 12 countries including Romania, Bulgaria, Croatia, Greece, Turkey and Israel. Main segments of DIFO business are Mobility (Smart phones, PDA phones, PDAs, navigation systems etc), Connectivity (mainly WiFi solutions) and Visuals (LCD TV and monitors). www.digital-focus.com. |
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