Neonode Inc. Announces Fourth Quarter and Year-End 2007 Earnings Release Date

via COMTEX

Investors Able to Access Conference Call on the Web Tuesday, March 11, 2008

STOCKHOLM, Sweden, Feb 26, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
Neonode (Nasdaq: NEON), the Swedish mobile communication company that develops touch-screen technologies and designs mobile handsets, today announced plans to release its fourth-quarter and full-year 2007 financial results before the market opens on Tuesday, March 11, 2008. Neonode management will also conduct a conference call to review these results 10 a.m. EDT. This call will be broadcast live over the Internet at http://www.neonode.com or http://www.vcall.com.

The company plans to discuss the future sales growth of the Neonode N2 mobile phone handset and its expansion strategies through 2008. At the end of September 2007, 3,100 Neonode N2s had been shipped; by the end of December 2007 shipments increased tenfold to approximately 31,000 units.

Web participants are encouraged to go to either website at least 15 minutes prior to the start of the call to register, download, and install any necessary audio software. The online archive will be available shortly after the conclusion of the call and continue for seven days.

The telephonic replay of the conference call will be available by dialing 877 660-6853 (from the US and Canada) or +1 201 612-7415 (from outside the US and Canada) and by entering account number 286 and conference ID number 276148. An online archive will also be available immediately following the call at the sites noted above. Both are available for one week, through March 18, 2007.

About Neonode Inc.

Neonode designs and develops intuitive technologies and products. The Company's focus is on solutions that increase the user experience of complex or monotonous devices. With offices in Stockholm, Sweden, San Ramon, USA, Shanghai and Hong Kong, China, Neonode Inc. is a publicly traded company (NASDAQ: NEON) with licenses and products sold worldwide through both direct web sales and local distribution partners. Neonode USA markets Neonode's innovative products within North America, Latin America and China and is the exclusive worldwide licensor of the Neonode Intellectual Property to third parties. Neonode USA's main office is located in New York, USA. For more information, visit http://www.neonode.com

Contacts: Karin Lehmann Nilsson, Information Manager Neonode Tel: +46 708 25 40 91 Allen & Caron Inc Tel: +1 212 691 8087 Media: Brian Kennedy ([email protected]) Investors: Rudy Barrio ([email protected])

Forward-Looking Statements

This news release contains certain forward-looking statements that involve risks and uncertainties, including statements regarding future products and technology developments. Such statements are only predictions and the company's actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include, but are not limited to, the ability of Neonode to develop and sell new products and technologies. These factors and others are more fully discussed in the documents the company files from time to time with the Securities and Exchange Commission, particularly, the company's most recent Form 10-K and Form 10-Q. Neonode and the Neonode logo are registered trademarks of Neonode Inc. All other brand or product names are trademarks or registered.

SOURCE Neonode Inc.

http://www.neonode.com

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