Neonode N2's New Color Portfolio Now Available on Neonode.com

STOCKHOLM, Sweden, /PRNewswire-FirstCall/ -- Neonode (Nasdaq: NEON), the Swedish mobile communication company that develops touch screen technologies and designs mobile handsets, announced the availability of Neonode N2, its highly acclaimed touch screen phone, in a new range of colors on the company's web shop.

The new color portfolio holding the lively mix of the colors Lime (green), Azure (blue), Rubine (red) and Roza (pink), will initially be available through the company's web site, www.neonode.com, and is expected to be rolled out to current markets during the course of the year.

The Neonode N2 has been available in black since its launch in August 2007 and sold 31,000 units in Q4 2007. Due to increased customer demand, Neonode decided to move up the launch of a new specially designed color portfolio.

"The color portfolio is an important part of our strategy to spread the brand and product awareness as well as ramp up the production and reach our sales targets," said Daniel Stalbo, Director of Marketing at Neonode. "These new colors will be a natural part of several upcoming promotional campaigns and we also expect them to be a powerful tool when entering new markets."

Simultaneously with the color portfolio launch, Neonode today also presents a new corporate web site with enhanced investors and media information. The web site can be reached directly at http://investor.neonode.com.