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Neonode Wins Excellence Award for Innovation in Driver Monitoring Software

1. Neonode wins 2025 Just Auto Excellence Award for innovation in driver monitoring. 2. Award highlights Neonode's advancements in automotive safety technology. 3. Driver monitoring software praised for safety, compliance, and integration flexibility. 4. Recognition strengthens Neonode's market position in automotive innovations. 5. The award affects stakeholder perception and boosts investor confidence.

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FAQ

Why Bullish?

Awards typically enhance brand visibility and marketability, similar to previous tech award impacts.

How important is it?

Award recognition enhances brand value and can attract new partnerships and investments.

Why Short Term?

Immediate investor sentiment may improve due to award recognition, with longer-term effects pending market responses.

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, /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) a leading provider of embedded sensing technologies, is thrilled to announce that it has been named a winner in the 2025 Just Auto Excellence Awards, receiving recognition in the Innovation - Driver Monitoring Software category. The award celebrates Neonode's contributions to automotive safety and driver experience through its cutting-edge Hands-on-wheel application. Just Auto notified Neonode with the following statement: "We're delighted to inform you that your entry has been successful, and Neonode will receive an award from the 2025 Just Auto Excellence Awards in the Innovation category for Driver Monitoring Software." The accolade highlights Neonode's commitment to pushing the boundaries of automotive technology with innovative, impactful and forward-thinking solutions. The 2025 Just Auto Excellence Awards recognizes outstanding achievements across the automotive industry, evaluating companies based on a rigorous methodology that includes case study submissions, research, editorial evaluation and market data. Neonode's award-winning driver monitoring software stood out in the Innovation category for its exceptional advancements, earning high marks across the awards' key scoring criteria: innovation, impact, novelty and value. Neonode's Driver Monitoring Software was commended for the following achievements:  Enhancing Driver Safety: By accurately detecting hand positions on the steering wheel, Neonode's solution ensures drivers remain engaged and ready to take control in semi-autonomous vehicles, a critical feature for modern road safety. Proprietary Technology: Leveraging Neonode's MultiSensing® technology and synthetic data to train neural networks, the software showcases advanced computer vision and AI, setting a high standard for driver monitoring systems.  Regulatory Compliance: Designed to meet stringent EU General Safety Regulation (GSR) and Euro NCAP requirements, the solution aligns with essential safety frameworks shaping the future of automotive design. Cost-Effective Integration: With a minimal computational footprint, the software integrates seamlessly with existing in-cabin cameras, eliminating the need for costly additional hardware. Intuitive Driver Experience: Customizable hand gestures enable drivers to control vehicle features effortlessly, reducing reliance on physical controls and enhancing interaction. Market Adaptability: Compatible with any steering wheel and deployable as a standalone or integrated solution, Neonode's software offers unparalleled flexibility in today's dynamic automotive market. "We are honored to receive this prestigious recognition from the Just Auto Excellence Awards," said Johanna Jansson, Vice President Sales & Marketing Automotive at Neonode. "This award is a testament to our team's dedication to delivering innovative and reliable solutions that enhance driver safety and redefine the in-cabin experience. Our driver monitoring software reflects Neonode's mission to harness advanced technology for real-world impact in the automotive industry." The Just Auto Excellence Awards celebrate excellence across 12 key Areas of Excellence, including Innovation, Safety and R&D, among others. Winners are featured in an online publication and an expanded Awards Report distributed by Just Auto, reaching a global audience of industry professionals. Neonode's achievement will be showcased alongside other leading innovators, reinforcing its position as a pioneer in the sector. For information about Neonode's award-winning driver monitoring software or to explore partnership opportunities, please visit www.neonode.com/solutions/driver-monitoring. For more information, please contact: Interim President and Chief Executive Officer and Chief Financial OfficerFredrik NihlénE-mail: [email protected]Phone: +46 703 97 21 09 Marketing ManagerAlana GordonE-mail: [email protected]Phone: +46 73 682 60 10 This information was brought to you by Cision http://news.cision.com https://news.cision.com/neonode/r/neonode-wins-excellence-award-for-innovation-in-driver-monitoring-software,c4123894 The following files are available for download: SOURCE Neonode WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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