Japanese Patent Issued for Neonode Touch Screen Technology, zForce
STOCKHOLM, Sweden, /PRNewswire-FirstCall/ -- Neonode (Nasdaq: NEON), the Swedish mobile communication company that develops touch screen technologies and designs mobile handsets, announced that the Japanese Patent and Trademark Office has approved the issuance of a patent, No 4046689, for its optical touch screen technology, zForce(TM).
"Several of the world's leading consumer electronics manufacturers are based in Japan. Not only are they often first to market with innovative mobile products but Japanese consumers spend the highest amount per capita on consumer electronics of any nation in the world," said Mikael Hagman, President & CEO. "We expect to fully capitalize on the opportunity to license zForce in this market."
zForce was initially patented in 2002. Currently Neonode has a range of patents and patents pending globally, all centered on the finger-based input touch screen technology.
zForce is based on infrared LEDs and photodiodes that work in sunlight and enable navigation by finger movements and sweeping motions -- no stylus, keys or hard pressure needed.
The technology is cost efficient in terms of components, as well as having a very simple manufacturing process compared to the expensive layered capacitive and resistive touch screens currently dominating in the market.
The zForce technology presents a significant licensing opportunity for Neonode as it may be licensed to third-party companies for incorporation into diverse touch screen products such as digital cameras, Global Positioning Systems (GPS) and ultra-portable laptops. zForce is also used in the company's touch screen mobile phone, Neonode N2.
"As a strategic step in line with our dual business model; the combination of technology licensing and branded product sales, we have recently recruited Chief Patent Engineer Joseph Shain to ensure the further protection of our proprietary technology," Hagman continued.
Joseph Shain has long experience within the patent field and brings extensive knowledge to the company. During 9 years at Neomagic, Joseph Shain was involved in diverse aspects of developing the company's parallel processor technology for handheld devices. As a Patent Engineer at Neomagic and Associative Computing Ltd. (ACL) Shain has authored several issued US patents in the field of associative processing.
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
"Several of the world's leading consumer electronics manufacturers are based in Japan. Not only are they often first to market with innovative mobile products but Japanese consumers spend the highest amount per capita on consumer electronics of any nation in the world," said Mikael Hagman, President & CEO. "We expect to fully capitalize on the opportunity to license zForce in this market."
zForce was initially patented in 2002. Currently Neonode has a range of patents and patents pending globally, all centered on the finger-based input touch screen technology.
zForce is based on infrared LEDs and photodiodes that work in sunlight and enable navigation by finger movements and sweeping motions -- no stylus, keys or hard pressure needed.
The technology is cost efficient in terms of components, as well as having a very simple manufacturing process compared to the expensive layered capacitive and resistive touch screens currently dominating in the market.
The zForce technology presents a significant licensing opportunity for Neonode as it may be licensed to third-party companies for incorporation into diverse touch screen products such as digital cameras, Global Positioning Systems (GPS) and ultra-portable laptops. zForce is also used in the company's touch screen mobile phone, Neonode N2.
"As a strategic step in line with our dual business model; the combination of technology licensing and branded product sales, we have recently recruited Chief Patent Engineer Joseph Shain to ensure the further protection of our proprietary technology," Hagman continued.
Joseph Shain has long experience within the patent field and brings extensive knowledge to the company. During 9 years at Neomagic, Joseph Shain was involved in diverse aspects of developing the company's parallel processor technology for handheld devices. As a Patent Engineer at Neomagic and Associative Computing Ltd. (ACL) Shain has authored several issued US patents in the field of associative processing.
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
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