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Neonode (NASDAQ: NEON) Director Acquires Increased Stake in Company!

BOCA RATON, FL / ACCESSWIRE / April 18, 2018 / Neonode Inc. [NASDAQ: NEON], Director Ulf Rosberg acquired 421,396 shares of the business's stock in a transaction dated Wednesday, March 21st. The stock was acquired at an average price of $0.43 per share, with a total value of $181,200.28.

Neonode (NEON) built only a couple of phones before giving up, but it sure brought innovation to the table. Back in 2003, touchscreens were of the resistive variety and, as their name suggests, you needed to press down hard for them to register a click. The Neonode N1 and sequels used zForce ("zero force") based on infrared light and worked with anything - fingers (gloved or not) or stylus. More recently, the Sony Xperia Touch smart projector used IR to turn any surface into a touchscreen.

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Neonode Inc [NASDAQ: NEON], together with its subsidiaries, develops and licenses user interfaces and optical interactive touch solutions in the United States, Sweden, Japan, China, Germany, Taiwan, South Korea, Italy, and internationally.

The company currently develops optical touch and gesture solutions for human interaction with devices.

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SOURCE: Chasing Markets