Neonode® to Present at the Craig-Hallum Alpha Select Conference in New York

SANTA CLARA, Calif.--(BUSINESS WIRE)--Neonode Inc., (NASDAQ: NEON), the MultiSensing touch technology company, announced today that it will present at the 3rd Annual Craig-Hallum Alpha Select Conference on September 27, 2012 at the Sentry Centers, 3rd Avenue, in New York, NY. Neonode's CFO, Mr. David Brunton, along with its General Manager Americas, Mr. Douglas Young, will be attending the conference.

The 3rd annual Alpha Select Conference showcases over 60 small and micro cap companies that fit the Alpha Select List (ASL) List criteria. Craig-Hallum indicates that the purpose of the conference is to give institutional investors the opportunity to prospect for new investment ideas that could either still be under the radar or others that have proven out their model and are executing successfully. More information on the conference is found at http://www.meetmax.com/sched/event_15259/~public/conference_home.html?event_id=15259

Investors attending the conference who wish to meet with Mr. Douglas Young and David Brunton for a one-on-one meeting should contact their Craig-Hallum representative or Daniel Gelbtuch, Investor Relations, Neonode; +1 917.509.9582, daniel.gelbtuch@neonode.com.

About Craig-Hallum Capital Group LLC

Craig-Hallum is an employee-owned, idea-driven research, trading and investment banking firm. Since starting in 1997, we have kept our focus clear: help our clients achieve their goals. The success of our firm depends on our culture and our people. We believe we have some of best at what they do and we’re committed to working hard and staying true to our business model. Because of our focused, research-driven strategy, we are able to have an outsized impact on a company’s visibility in the public market, on their access to high quality institutional investors and on their stock’s liquidity and trading profile. We invite you to learn more about our people, our services and our client success stories. At Craig-Hallum our philosophy is simple: when our clients succeed, we succeed.

About Neonode Inc.

Neonode Inc. (NASDAQ:NEON) develops and licenses the next generation of MultiSensing touch technologies, allowing companies to differentiate themselves by making high performing touch solutions at a competitive cost. Neonode is at the forefront of providing unparalleled user experiences that offer significant advantages for OEM's. This includes state-of-the-art technology features such as low latency pen or brush sensing, remarkably high speed scanning, proximity-, pressure-, and depth sensing capabilities and object-size measuring.

Neonode’s patented MultiSensing technology is developed for a wide range of devices like mobile phones, tablets and e-readers, toys and gaming consoles, printers and office equipment, automotive or inflight infotainment systems. NEONODE, the NEONODE Logo and zFORCE are trademarks of Neonode Inc. registered in the United States and other countries. MULTISENSING, LIQUID SENSING, IT MAKES SENSE and ALWAYSON are trademarks of Neonode Inc. For more information please visit www.neonode.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements relating to expectations, future performance or future events, and product cost, performance, and functionality matters. These statements are based on current assumptions, expectations and information available to Neonode management and involve a number of known and unknown risks, uncertainties and other factors that may cause Neonode's actual results, levels of activity, performance or achievements to be materially different from any expressed or implied by these forward-looking statements.

These risks, uncertainties, and factors are discussed under "Risk Factors" and elsewhere in Neonode's public filings with the U.S. Securities and Exchange Commission from time to time, including Neonode's annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. You are advised to carefully consider these various risks, uncertainties and other factors. Although Neonode management believes that the forward-looking statements contained in this press release are reasonable, it can give no assurance that its expectations will be fulfilled. Forward-looking statements are made as of today's date, and Neonode undertakes no duty to update or revise them.