Neonode, Inc. announced that it has signed a high volume multi-year license agreement with BYD Company Ltd. The BYD device, that is to incorporate the company's MultiSensing(TM) touch solution, is expected to go into mass production in the first quarter 2013. The company's optical MultiSensing(TM) touch technology, rivaling the best capacitive solutions, is currently being incorporated into wide array of high volume color LCD products worldwide: mobile phones, tablets, office equipment, in-car infotainment displays, gaming devices and toys. All of these products will incorporate the company's NN1001 optical controller that has been developed in close collaboration with Texas Instruments.