Major Elevator Manufacturer Will Equip All New Elevators with Contactless Touch Solutions Powered by Neonode Touch Sensor Modules

Rhea-AI Summary

Neonode Inc. (NASDAQ: NEON) has announced a significant partnership with a leading global elevator manufacturer to integrate its contactless touch control panels in all new elevators. Following extensive testing and evaluation, the rollout is set to commence in 2022, highlighting the competitiveness of Neonode's technology in the elevator market. CEO Urban Forssell emphasized the strategy's success in increasing awareness and driving demand, aiming to expand further with elevator manufacturers and retrofit solutions.

Positive

• Partnership with a major global elevator manufacturer enhancing technology adoption.
• Rollout of contactless touch control panels set to begin in 2022.
• Demonstrated competitiveness and relevance of technology in the elevator segment.

Negative

• None.

STOCKHOLM, Nov. 1, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that one of the largest global elevator manufacturers has decided to equip all new elevators with contactless touch control panels featuring Neonode's Touch Sensor Modules. This comes after extensive tests and evaluations of the technology. The rollout will begin 2022 and marks a breakthrough for Neonode and its contactless touch technology in the global elevator new equipment market.

"This is a significant step forward for us and proves the relevance and competitiveness of our technology in the elevator segment. It also confirms that our strategy to address the elevator segment indirectly via partners offering different types of retrofit solutions initially, to introduce our contactless touch technology to end users and elevator manufacturers to increase awareness and drive demand, works. In the next step we will ramp up our efforts to win more businesses with elevator manufacturers and to continue to scale our retrofit business with both elevator manufacturers and other types of customers active in the important aftermarket for elevators," said Urban Forssell, CEO of Neonode.

For more information, please contact:

CONTACT:

Investor Relations
David Brunton
E-mail: david.brunton@neonode.com
Phone: +1 925 768 0620 
 
Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com 

 

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Major Elevator Manufacturer Will Equip All New Elevators with Contactless Touch Solution Powered by Neonode

 

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SOURCE Neonode

FAQ

What is Neonode's recent partnership about?

Neonode partnered with a significant global elevator manufacturer to equip new elevators with its contactless touch control panels.

When will the rollout of Neonode's technology begin?

The rollout is scheduled to begin in 2022.

What does this partnership mean for Neonode's market position?

This partnership confirms Neonode's competitive position in the elevator market and enhances its technology's adoption.

What products will Neonode provide in the elevator sector?

Neonode will provide contactless touch control panels for new elevators.