On August 29, 2019, the Board of Directors of Neonode Inc. appointed Lars Lindqvist to the Board. Mr. Lindqvist, age 62, previously served as Chief Financial Officer, Vice President, Finance, Treasurer and Secretary of Neonode from August 2014 until his resignation effective May 31, 2019. He subsequently has served as Chief Financial Officer of Optomed OY since June 2019. Prior to becoming an executive officer of Neonode, Mr. Lindqvist previously served as a member of the Board of Neonode between November 2011 and August 2014. Prior to becoming an executive officer of Neonode, Mr. Lindqvist served as a management consultant to LQ Consulting GmbH from January 2013 to July 2014, interim Chief Executive Officer of 24 Mobile Advertising Solutions AB from June 2012 to December 2012, interim Chief Executive Officer of ONE Media Holding AB from April 2011 to May 2012, and Chief Financial Officer for Mankato Investments AG Group from June 2005 to March 2011. In addition, Mr. Lindqvist was Chief Financial Officer of Microcell OY, a Finnish ODM of mobile phones, from August 2002 to May 2005, and Chief Financial Officer of Ericsson Mobile Phones from May 1995 to July 2002. Mr. Lindqvist will serve as a Class III director with a term expiring at the 2020 Annual Meeting of Stockholders. He has not been appointed to any committees of the Board.
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.