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Neonode strikes deal with Japanese printer OEM; shares +8.9%

Sep. 01, 2015 11:56 AM ETNeonode Inc. (NEON) StockBy: Eric Jhonsa, SA News Editor3 Comments
  • Neonode (NASDAQ:NEON) has signed "a multi-year, multi-device license agreement with a leading Japanese printer OEM." Epson and Canon are possibilities.
  • The company notes the licensing deal follows a development agreement, and notes its zForce IP is being increasingly used by printer OEMs to create touch controls that replace physical buttons.
  • Shares are back above $3. They fell as low as $2.21 during last month's market plunge.

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