On June 11, 2019, the Board of Directors (the “Board”) of Neonode Inc. appointed Mattias Bergman and Peter Lindell to the Board. Mr. Bergman will serve as a Class I director with a term expiring at the 2021 Annual Meeting of Stockholders and Mr. Lindell will serve as a Class III director with a term expiring at the 2020 Annual Meeting of Stockholders. Mr. Lindell also was appointed as a member of the Audit Committee of the Board. The appointments of Messrs. Bergman and Lindell fill the vacancies created by the resignations of Asa Hedin and Per Eriksson upon the conclusion of the 2019 Annual Meeting of Stockholders. Mattias Bergman, currently is Chief Executive Officer of BIL Sweden, an industry association for Swedish manufacturers and importers of passenger cars, buses and trucks. He previously served for six years as President of NEVS, a developer and manufacturer of electric vehicles and mobility services based on the assets of SAAB Automobile. Peter Lindell, currently serves as Chairman and board member in several companies where he also is an owner.
Neonode Inc. is a Sweden-based company, which provides advanced optical sensing solutions for contactless touch, touch, and gesture sensing. It also provide software solutions for scene analysis that feature advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other typ. The Company operates in three business areas: HMI Solutions, HMI Products and Remote Sensing Solutions. In HMI Solutions, Neonode offers customized optical touch and gesture control solutions for many different markets and segments. In HMI Products, the Company provides plug-and-play sensor modules that enable touch on any surface, in-air touch, and gesture control for a wide range of applications. In Remote Sensing Solutions, Neonode offers robust and cost-effective driver and cabin monitoring solutions for vehicles based on the Companyâs software platform. Neonode Inc. is organized in four wholly owned subsidiaries located in Sweden, Japan, Korea and Taiwan.