INSERTING and REPLACING Neonode Signs Agreement with AEG for Distribution of Neonode N2 in Several Markets
16 June 2007 - 2:56AM
Business Wire
Insert after first graph, first sentence of release dated June 14,
2007:�First shipments to AEG are planned for September 2007. The
corrected release reads: NEONODE SIGNS AGREEMENT WITH AEG FOR
DISTRIBUTION OF NEONODE N2 IN SEVERAL MARKETS Neonode, a Swedish
developer of mobile devices and a pioneer in buttonless,
touchscreen mobile phones, expanded its network of distribution
partners with an agreement with AEG to distribute the new Neonode
N2 mobile phone in several markets. First shipments to AEG are
planned for September 2007. Neonode announced today that it signed
a distribution agreement with AEG Portuguesa S.A., the official
supplier to TMN, the largest Portuguese mobile operator. AEG is a
major distributor of mobile phones and accessories in Portuguese
speaking markets with direct access to operators as well as
retailers. As part of the agreement, AEG will distribute the new
Neonode N2 in Portugal, Brazil, Mozambique, Angola and Cabo Verde.
�It�s clearly a milestone to have AEG join the expanding Neonode
network of partners. AEG has served TMN, Vodafone, Optimus, Auchan,
MediaMarkt and Staples amongst others in an effective and powerful
manner. We are truly delighted to have AEG provide Neonode with the
necessary reach into the markets that they serve so well� said
Mikael Hagman, President and CEO of Neonode. Neonode showcased its
new mobile phone, the Neonode N2, at the 3GSM World Congress in
Barcelona to critical acclaim. The company was recently named to
the annual FierceWireless �Fierce 15� list, designating it as one
of the top wireless companies of the year. Based on their
creativity and innovations in the marketplace, FierceWireless found
Neonode to be amongst the �fiercest�. Neonode is finalizing
distribution agreements for the N2 with several additional partners
in Europe and other major markets. About Neonode Neonode was
founded in 2001 and is a Swedish developer of mobile devices. The
mobile devices are based on patented technologies which enable a
unique user experience. Neonode Inc. has recently announced the
execution of a definitive merger agreement with SBE, Inc. a
publicly-traded company (NASDAQ:SBEI). After shareholder approval
of the merger, the combined company's headquarters will be in
Stockholm, Sweden, where Neonode's current corporate headquarters
is located. For more information visit www.neonode.com.
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