Tag: NYSE:MSI

Socket Mobile (SCKT) Gears Up for a Solid Fourth Quarter

Written by Justin Kuepper on Nov 05, 2012

Socket Mobile Inc. (OTCQX: SCKT), an innovative provider of mobile productivity solutions, has made a lot of progress over the third quarter. While Motorola (NYSE: MSI) and Honeywell (NYSE: HON) account for the majority of the market, the company’s innovative solutions are gaining traction among customers as new features are regularly added.

Highlights from the Third Quarter

From new software development kits (SDKs) to new customer announcements, Socket Mobile has made a lot of progress during its fiscal third quarter. The product improvements promise to help drive new customer adoption, while the new contracts could equate to tangible increases in revenues and net income for the quarter.

Third quarter highlights include:

  • October 29 – The company released the SoMo 655 SDK, which gives developers control over several unique hardware features of the SoMo 655 handheld computer.
  • October 8 – The company announced Android support for its Socket Bluetooth® Cordless Ring Scanner (CRS) 9P hands-free barcode scanner for warehousing/logistics.
  • September 24 – The company announced that NCR Corporation selected its Socket Bluetooth® Cordless Hand Scanner (CHS) 7Ci barcode scanner for use with its NCR Silver POS software platform for the Apple iPad that enables small businesses to management payments.
  • September 12 – The company announced that its stock would begin trading on the OTCQX – the premiere OTC Marketplace, which could enhance liquidity.
  • September 12 – The company announced that Enphase Energy incorporated its Socket Bluetooth® Cordless Hand Scanner™ (CHS) 7Xi into its ArrayGun mobile solution for solar panel installations, with more than 44,000 installations worldwide.
  • August 20 – The company announced that CBORD® recommends the Socket SoMo® handheld computer for use with their CS Pocket Reader, Troubadour™ card reader, and NetHIMS™ integrated solutions for campus security, sales and foodservice at colleges and universities.
  • August 3 – The company announced the completion of a subordinated convertible note financing of $400,000, with the company’s officers and directors being the purchasers.

Financial Results Conference Call

Socket Mobile will report its fiscal 2012 third quarter financial results at the close of the market on Tuesday, November 6, 2012 and host a conference call to discuss the results that will begin at 5:00pm Eastern Time (2:00pm Pacific Time).

Investors can access the conference call by calling 877-407-9210 from within the U.S. or by calling 201-689-8049. Replays will also be available for one week following the call at 877-660-6853 from within the U.S. or 201-612-7415 from international locations.

Investors can also access a live webcast at http://www.socketmobile.com/ConferenceCall.

About Socket Mobile Inc.

With 20 years of experience in the Automatic Identification and Data Capture (AIDC) market, Socket makes mobile computing and productivity work. The company offers a family of handheld computers and an extensive portfolio of AIDC peripherals specifically designed to increase productivity and drive operational efficiencies in healthcare, hospitality and other business mobility deployments. The company also offers OEM solutions for the mobile device market. Socket is headquartered in Newark, Calif. and can be reached at +1-510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Facebook and Twitter @socketmobile and subscribe to sockettalk.socketmobile.com, the company’s official blog.

Socket Mobile (SCKT) One to Watch in Growing Scanning Market

Written by Christine Kassover on Oct 15, 2012

Technology innovator offers broad range of advanced solutions for tomorrow’s marketplace

Laser technology may have once been the foundation of the Automatic Identification and Data Capture market, but for many applications it is rapidly being replaced by imaging, a transition due in large part to the dynamics of the 21st century customer and the demands of a mobile workplace. Transportation, retail, healthcare, and customer service industries alike are opting for the advantages of imager-based scanning solutions over the traditional laser technology,  advantages that include enhanced usability, durability and functionality.  VDC Research Group, a noted advisor to the Automatic Identification and Data Collection (AIDC) industry, anticipates that 40% of enterprises will update their barcode scanning solutions over the next 2 to 3 years, and the choices they make will be driven by pricing, performance, and new scanning technologies available to them. While Motorola (NYSE: MSI), Honeywell (NYSE: HON) and Datalogic accounted for 75% of the global handheld scanner market in 2011, investors may find even greater opportunity to leverage growth in this market through less widely known but equally innovative providers like Socket Mobile, Inc. (OTCQX: SCKT) .

Socket Mobile was quick to move to the forefront of the industry by introducing attractive entry-level pricing, easy integration and unparalleled performance to the budding small-to-medium business and mobile enterprise markets. The company’s Bluetooth Cordless Hand Scanner (CHS) Series 7 product line offers customers low cost, Apple-certified, 2D and 1D wireless bar code scanning without sacrificing performance for value. This month, Socket Mobile rolled out its ultra durable design with the imager-based CHS 7Di series for both outdoor use and demanding indoor operations. The company is also marketing a rugged antimicrobial version, the CHS 7DiRx, which is ideal for healthcare applications like medication administration and charting. COO Tim Miller put the company’s durability claims to the test in a recent video, dropping and throwing the pocket-sized, lightweight device around a warehouse and still being able to scan. Check it out here:

As compelling as the company’s own marketing and PR may be, its burgeoning list of pedigreed partners is even greater testimony to its role as an innovator in the industry. For example, NCR Corporation— a global technology company leading how the world connects, interacts and transacts with business — recently selected the Socket CHS 7Ci barcode scanner for use with its Apple iPad-based point-of-sale (POS) software platform.  With this technology, small business owners and entrepreneurs can take payments and manage their entire business with one cloud-based POS solution. Investors recognize this as independent confirmation of Socket’s potential to gain early market dominance.

The company’s commitment to forward thinking product development is also reflected in products such as the Socket Bluetooth® Cordless Ring Scanner. This next-generation, hands-free barcode scanning device, now compatible with Android devices, offers warehousing and logistics environments the ability to track assets and inventory in real time. In addition, the company makes available a proprietary Software Development Kit (SDK) that enables developers to create custom mobile applications with support for the Socket Mobile CHS Series 7 and CRS Series 9 barcode scanners.

“Entering the fourth quarter of 2012, we now have our Developer Program in full swing with over 160 active participants and more joining every week. Additionally, we have introduced our new CHS 7Di product line and launched a revolutionary SDK that will enable developers to support both free smartphone-based camera scanning and Socket’s Bluetooth scanners simultaneously,” said Socket Mobile President Kevin Mills   “We believe this will not only accelerate Socket Mobile’s cordless scanning growth and improve developers’ capabilities, but also positions Socket Mobile as a leader in the emerging mobile scanning category.”

Couple Mills’s optimism with VDC Research Group’s recent forecast of a CAGR of more than 9.5% in the general purpose handheld scanning and imaging solutions market through 2016, and investors should take note. The market of the future bodes well for Socket Mobile with existing opportunities for organic growth and solid potential for new customer acquisition, as well.

Investors can learn more and sign up for Socket Mobile Updates here

About Socket Mobile, Inc.

With 20 years of experience in the Automatic Identification and Data Capture (AIDC) market, Socket Mobile offers a family of handheld computers and an extensive portfolio of AIDC peripherals specifically designed to increase productivity and drive operational efficiencies in healthcare, hospitality and other business mobility deployments. The company also offers OEM solutions for the mobile device market. Socket Mobile is headquartered in Newark, Calif. For more information, please visit www.socketmobile.com.

Socket Mobile (SCKT) Adds Android Support to Cordless Ring Scanner

Written by Justin Kuepper on Oct 10, 2012

Socket Mobile Inc. (OTCQX: SCKT), an innovative provider of mobile productivity solutions, similar to companies like Intermec Inc. (NYSE: IN) and Motorola Solutions Inc. (NYSE: MSI), recently announced that it would add Google Android support to its Cordless Ring Scanner 9P hands-free barcode scanner in order to support growing demand for rugged tablets in warehousing and logistics environments. 

According to VDC Research, shipments of semi-rugged tablets powered by Android operating systems and commonly used in businesses are expected to increase from around $180 million in 2010 to more than $250 million by 2014. Meanwhile, rugged tablet shipments will jump from around $100 million in 2010 to $150 million in 2014.

Socket Mobile, Inc. (OTCQX: SCKT), an innovative provider of mobile productivity solutions, has released Android support for its Socket Bluetooth® Cordless Ring Scanner (CRS) 9P hands-free barcode scanner for warehousing and logistics. The update makes it possible for manufacturers, logistics providers, and package carriers to track assets and inventory in real time using the latest Android smartphones and tablets.

The CRS 9P is a wearable barcode scanner that enables comfortable, hands-free data collection in high-velocity supply chain applications. Socket Mobile has updated both the SocketScan™ 10 keyboard wedge software and SocketScan 10 Software Development Kit (SDK) to include Android support for the CRS 9P.

“With manufacturers like Casio, Fujitsu and Panasonic offering rugged Android tablets, Socket Mobile has received numerous customer requests for Android support for our Cordless Ring Scanner,” said Tim Miller, Chief Operating Officer of Socket Mobile. “Socket Mobile is committed to meeting customer needs in the constantly changing mobile device landscape. Besides adding Android compatibility, we are also evaluating market demand for support for the Apple iPad and other iOS devices.”

In addition to Android, the CRS 9P is compatible with BlackBerry, Windows Embedded Handheld (Windows Mobile) and Windows for desktop, notebook and tablet PCs.

The CRS 9P is available from Socket Mobile’s online store and will be available from distribution partners in November. Customers can download SocketScan 10 software from Google Play or Amazon. Developers with a subscription to the Socket Mobile Developer Program can get the SDK from the Socket Mobile Developer Portal.

About Socket Mobile
With 20 years of experience in the Automatic Identification and Data Capture (AIDC) market, Socket makes mobile computing and productivity work. The company offers a family of handheld computers and an extensive portfolio of AIDC peripherals specifically designed to increase productivity and drive operational efficiencies in healthcare, hospitality and other business mobility deployments. The company also offers OEM solutions for the mobile device market. Socket is headquartered in Newark, Calif. and can be reached at +1-510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Facebook and Twitter @socketmobile and subscribe to sockettalk.socketmobile.com, the company’s official blog.

Socket and Socket Bluetooth Cordless Ring Scanner are registered trademarks or trademarks of Socket Mobile, Inc. Apple and iPad are trademarks of Apple, Inc., registered in the U.S. and other countries. All other trademarks and trade names contained herein may be those of their respective owners.

© 2012, Socket Mobile, Inc. All rights reserved.

Socket Mobile (SCKT): Well Positioned to Capitalize on Mobile POS Trends

Written by Justin Kuepper on Sep 17, 2012

Socket Mobile Inc. (OTCQX: SCKT), an innovative provider of handheld devices and cordless barcode scanners for the mobile workforce, similar to companies like Intermec Inc. (NYSE: IN) and Motorola Solutions Inc. (NYSE: MSI), stands to benefit from the long-term transition from stationary to mobile point-of-sale systems in industries like healthcare, hospitality and retail.

Click Here: View the Company’s Factsheet

Key Supplier in Next Generation Retail

As the contemporary retail environment continues to embrace advanced technology, consumers and stores alike are finding that mobile, go-anywhere sales and data devices offer considerable advantages over physically grounded units like cash registers and computer terminals. In fact, industry analysts are projecting 60% growth in mobile POS investments over the next two years.

Socket Mobile is well positioned to capitalize on the growth in this industry with its highly portable solutions that provide a dependable platform for mobile applications. In particular, the company addresses the industry’s need for a more powerful alternative to built-in smartphone or tablet cameras being used to scan items by providing wireless, wearable scanning accessories.

Besides retail, sales professionals working for wholesalers and manufacturers are also using Socket Mobile products for sales order entry, account lookup, inventory checks, and related activities. For example, the company’s products were recently used at the Toronto Gift Show:

Click Here: Read the Full Story

Making In-Roads in Several Markets

In August, Socket Mobile announced that CBORD® – a leading provider of food and nutrition management, cashless card, and access control solutions – recommends the Socket SoMo® handheld computer for use with their CS Pocket Reader, Troubadour™ card reader, and NetHIMS™ integrated solutions for colleges and universities.

Aside from the college and university markets, CBORD® also recommends the Socket SoMo® handheld computer for their healthcare solutions for Bedside Menu Entry, room service monitoring, and food inventory tracking.

The SoMo 655 helps mobile workers remotely access, collect or process data, and the endorsement by CBORD® could help the company dramatically expand both its customer base and revenues over the coming quarters as it works towards sustainable profitability.

Click Here: Read the Full Story

About Socket Mobile Inc.

With 20 years of experience in the Automatic Identification and Data Capture (AIDC) market, Socket makes mobile computing and productivity work. The company offers a family of handheld computers and an extensive portfolio of AIDC peripherals specifically designed to increase productivity and drive operational efficiencies in healthcare, hospitality and othe business mobility deployments. The company also offers OEM solutions for the mobile device market. Socket is headquartered in Newark, Calif. and can be reached at 510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Twitter @socketmobile and subscribe to sockettalk.socketmobile.com, the company’s official blog.

Socket Mobile (SCKT) Technology Integrated into iPhone Based Solar Panel Installation & Tracking Solutions

Written by Justin Kuepper on Sep 13, 2012

Socket Mobile Inc. (OTCQX: SCKT), an innovative provider of mobile productivity solutions, similar to Intermec Inc. (NYSE: IN) and Motorola Solutions Inc. (NYSE: MSI), recently announced that Enphase Energy has selected its Socket Bluetooth Cordless Hand Scanner™ 7Xi barcode scanner for integration into its ArrayGun mobile solution for solar panel installation.

With more than 44,000 installations around the world, Enphase Energy’s microinverter technology has an enormous presence in the industry. Investors are hoping that this translates to higher revenues over the coming quarters, while exposure at Solar Power International 2012 in Orlando, Florida should also help improve awareness of the firm’s technologies.

Socket Mobile, Inc. (OTCQX: SCKT), an innovative provider of mobile productivity solutions, today announced that Enphase Energy — a manufacturer of microinverter technology for the solar industry with more than 44,000 installations around the world — has incorporated the Socket Bluetooth® Cordless Hand Scanner™(CHS) 7Xi barcode scanner into its ArrayGun mobile solution for solar panel installation. Enphase is demonstrating the solution this week at Solar Power International 2012 in Orlando, Fla., in Booth #2515.

Enphase microinverters are semiconductor-based solar panel components that provide remote monitoring of energy harvesting performance through the Enlighten web-based platform. In order for technicians to view performance, diagnose issues or pinpoint maintenance needs on a module-by-module basis, the serial number and location of each microinverter must be recorded during solar panel installation. The new ArrayGun installer toolkit solution enables installers to quickly and accurately scan and connect large numbers of microinverters using the CHS 7Xi and an iPhone or iPod touch® running the Enphase Installer Toolkit app.

“We designed the ArrayGun to help solar installers reduce their time on the roof and help drive productivity using the latest iOS user-friendly technology,” said Bill Rossi, Chief Marketing Officer of Enphase Energy. “We are excited to partner with Socket Mobile to offer both our residential and commercial customers this important time-saving tool that syncs to our Enlighten monitoring software.”

“Field service is a primary market for our mobile solutions, and the Enphase ArrayGun solution demonstrates how Socket Mobile products can be used to streamline data collection in a wide range of environments — even from a rooftop,” said Mike Gifford, Executive Vice President at Socket Mobile. “Many field service workers already carry a smartphone, so connecting a Socket barcode scanner provides an easy and highly effective way of eliminating a lot of the manual data entry typically required on the job.”

The CHS 7Xi is a high-performance 2D and 1D barcode scanner certified by Apple for iOS devices. Developers can customize applications for the scanner using the SocketScan 10 Software Development Kit. To learn more, please visit the Socket Mobile web site.

About Enphase Energy, Inc.
Enphase Energy delivers microinverter technology for the solar industry that increases energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy management. Our semiconductor-based microinverter system converts energy at the individual solar module level and brings a systems-based, high technology approach to solar energy generation. Connect with Enphase on Facebook and follow us on Twitter. www.enphase.com

About Socket Mobile
With 20 years of experience in the Automatic Identification and Data Capture (AIDC) market, Socket makes mobile computing and productivity work. The company offers a family of handheld computers and an extensive portfolio of AIDC peripherals specifically designed to increase productivity and drive operational efficiencies in healthcare, hospitality and other business mobility deployments. The company also offers OEM solutions for the mobile device market. Socket is headquartered in Newark, Calif. and can be reached at 510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Twitter @socketmobile and subscribe to sockettalk.socketmobile.com, the company’s official blog.

Leading Food Management Technology Firm Recommends Socket Mobile’s (SCKT) Solution

Written by Justin Kuepper on Aug 21, 2012

Socket Mobile Inc. (OTCQB: SCKT), an innovative provider of mobile productivity solutions, similar to Intermec Inc. (NYSE: IN) and Motorola Solutions Inc. (NYSE: MSI), recently announced that CBORD®, a leading provider of food and nutrition management, cashless card and access control solutions, recommended its Socket SoMo® for use with its solutions for colleges and universities.

The SoMo 655 helps mobile workers remotely access, collect or process data and marked a significant milestone for the company. With an agreement in place with CBORD®, the firm is well positioned to expand both its revenues and customer base over the coming quarters, as it works towards sustainable profitability.

Socket Mobile, Inc. (SCKT), an innovative provider of mobile productivity solutions, today announced that CBORD® — a leading provider of food and nutrition management, cashless card, and access control solutions — recommends the Socket SoMo® handheld computer for use with their CS Pocket Reader, Troubadour™ card reader, and NetHIMS™ integrated solutions for colleges and universities.

The CS Pocket Reader and Troubadour card reader enable college and university personnel to handle sales and security access transactions while at outdoor and athletic events. Event managers can configure their event and upload a patron list to the Socket SoMo using CBORD’s Odyssey PCS™ or CS Gold® systems. The SoMo is enhanced with a Socket plug-in CompactFlash card reader, allowing purchases and real-time balance lookups with the swipe of the student’s ID card, resulting in faster and more accurate transactions.

CBORD has also certified the SoMo with the Socket CompactFlash plug-in barcode scanner for their Net Handheld Inventory Management System (NetHIMS) for Windows Mobile®. This powerful inventory management software enables staff to track products at the loading dock, in the kitchen, in the freezer, or out in the retail case — wherever the inventory is located. In addition, the wireless connection improves data integrity with up-to-the-minute inventory tracking and eliminates the need to download data.

“The Socket SoMo offers our customers a great alternative to more ruggedized devices or non-durable consumer PDAs,” said J.B. Lockwood, product manager at CBORD. “We have found that it has similar capabilities as other higher-priced options. The SoMo is easy to use and customers have been impressed with the speed and accuracy of the Socket barcode scanner.”

“We are pleased that CBORD has certified the Socket SoMo for their college and university solutions,” said Vince Coli, senior handheld computer product manager at Socket Mobile. “CBORD’s recommendation of the SoMo demonstrates that there is a need for an alternative handheld computer that is priced lower than more rugged devices and yet more durable than the standard smartphone or tablet, particularly in the education market. The SoMo is the perfect alternative, and with a full line of accessories and plug-ins allowing complete customization, we expect to see more growth in this market.”

To learn more about the new features of the SoMo 655, view the device comparison chart at: http://www.socketmobile.com/pdf/handheld-computer/somo650-somo655_comparison.pdf.

About Socket Mobile
With 20 years of experience in the Automatic Identification and Data Capture (AIDC) market, Socket makes mobile computing and productivity work. The company offers a family of handheld computers and an extensive portfolio of AIDC peripherals specifically designed to increase productivity and drive operational efficiencies in healthcare, hospitality and other business mobility deployments. The company also offers OEM solutions for the mobile device market. Socket is headquartered in Newark, Calif. and can be reached at 510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Twitter http://twitter.com/socketmobile and subscribe to sockettalk.socketmobile.com, the company’s official blog.

Socket and SoMo are registered trademarks of Socket Mobile. All other trademarks and trade names contained herein may be those of their respective owners.

Socket Mobile (SCKT) Positioned to be Key Supplier in Next Generation Retail Environment

Written by Christine Kassover on Aug 13, 2012

Industry Analysts Projecting Tremendous Growth in POS Platform Market Space

As the contemporary retail environment continues to embrace advanced technology, consumers and stores alike are finding that mobile, go-anywhere sales and data devices offer considerable advantages over physically grounded units like cash registers and computer terminals.   This demand for mobility in point-of-sale and support functions is no longer a “nice to have” for retailers looking to stay current with shoppers’ expectations, and it is quickly becoming a necessary part of the buying and browsing experience. According to Retail Info Systems and IHL Group, domestic stores are projecting a 60% growth in mobile POS investments over the next two years, positioning Automatic Identification and Data Capture manufacturers like Socket Mobile, Inc. (OTCQB: SCKT), Intermec, Inc. (NYSE: IN), and Motorola Solutions, Inc. (NYSE: MSI) to be at the forefront of a genuinely transformative technology.

The enterprise mobile barcode scanning market is roughly divided into two camps: Across all vertical markets, one-third of enterprise smartphone users seem content using the built-in camera as an acceptable, generally functional barcode scanner, while 66% are looking for a more powerful alternative that provides rapid and robust data collection. Within retail, where POS is the primary mobile application in need of barcode scanning,  the percentage of businesses requiring robust scanning is even higher as retailers require a customer-facing solution that is both fast and reliable to efficiently process transactions and minimize customer wait times.

Socket Mobile is unique in the marketplace, having developed a solution that addresses both sets of end users.  Socket Mobile’s revolutionary new Software Development Kit supports the company’s family of Socket Bluetooth Cordless Hand Scanners for those retailers interested in a dedicated, fully enabled barcode scanning resource.  For those customers still committed to phone camera-based scanning, the software allows Apple iPhone and Android devices, to function as effective barcode readers. As a whole, retailers who are focusing on a mixed model are finding Socket Mobile’s products one of most innovative dual solutions available.

The technology driving Socket Mobile’s scanners and software is Apple-certified, putting it in rarified company – only a select few technology solutions in the marketplace today bear Apple certification, and this accreditation serves as testimony to the product’s applicability, functionality and compatibility with iPods, iPhones and iPads.  Moreover, by offering a two-pronged approach, with handheld hardware and scanning software available to satisfy the broadest possible range of retailers, the company is poised to take advantage of the full growth potential of the market.

“Socket Mobile has made it possible for developers to develop their code once, with a single application programming interface that can support both the 33% of corporate customers who are happy with the built-in, free smartphone camera scanner, and the remaining 66% of customers who will need a more robust or dedicated scanner. This, in effect, gives developers and their customers some assurances that they are being taken care of as they deploy the solution into the real world of day-to-day activities,” states Kevin Mills, president and CEO of Socket Mobile. “It will make it easier to grow our business, attract new iOS and Android developers, and allow people to use the scanner that suits their needs. If they just use the built-in camera as the scanner, that’s fine; but if they need to step up in performance and capability, then we’re there to help without any changes in the software.”

Socket Mobile’s lightweight, ergonomic scanners allow mobile workforces to realize unprecedented freedom of movement, working unencumbered by wires for up to 330 feet from a central hub while entering thousands of scans on a single charge. Cashiers can be transformed into customer service associates, floor plans are freed up for holiday and trend selling, and on-demand line busting can be initiated. For retailers, this means not only that they can grow revenue and increase profit, but that they are also able to effectively respond to industry challenges ahead of their competitors by quickly capturing real-time inventory and data, improving customer service and optimizing operations.

With no single mobile operating system or device deemed dominant in the current retail industry, providers who offer system-agnostic solutions are likely to be more successful in capturing market share. Retail Info Systems’ 2012 Store Systems Study found that Apple-based technology leads the way in mobile platforms under consideration, with Android in the number two spot and Windows coming in third. Socket Mobile has specifically built its solutions to maximize its marketability in this fragmented environment.  In particular, the company’s Series 7 family of handhelds offers models that range from basic one dimensional linear barcode scanners to contemporary QR code image readers, with all units operating on the Apple iOS, Android, BlackBerry and Windows operating systems.

Socket Mobile is encouraged by the reception this innovative family of scanning solutions has received in the marketplace.  To best take advantage of its growing awareness and burgeoning opportunities, the company is shifting its focus for the third and fourth quarters of 2012 to emphasize its marketing efforts, reaching out to prospects, solidifying relationships with existing clients and appealing to investors seeking to capitalize on sales growth now that R&D expenses have been booked. Cordless barcode scanning currently makes up 35% of Socket’s business and company executives expect it to grow rapidly in the Apple and Android-based retail markets.

“Since completing our cordless scanning transition and launching a revolutionary software development kit, Socket Mobile has enabled developers to support both free smartphone-based camera scanning and Socket’s Bluetooth scanners, simultaneously. We believe this will not only accelerate the company’s cordless scanning growth along with improving developers’ capabilities, but solidify Socket Mobile as a leader in the emerging mobile scanning category,” explained Mills during the company’s recent second quarter 2012 management conference call.

About Socket Mobile, Inc.

With 20 years of experience in the Automatic Identification and Data Capture (AIDC) market, Socket Mobile offers a family of handheld computers and an extensive portfolio of AIDC peripherals specifically designed to increase productivity and drive operational efficiencies in healthcare, hospitality and other business mobility deployments. The company also offers OEM solutions for the mobile device market. Socket Mobile is headquartered in Newark, Calif.  For more information, please visit www.socketmobile.com.

Neonode (OTCBB: NEOND) Signs License Agreement with New OEM Customer

Written by admin on May 02, 2011

Neonode Inc. (OTCBB: NEON), a provider of innovative optical touchscreen solutions designed for consumer electronics companies similar to Motorola Solutions, Inc. (NYSE: MSI) and Sony Corporation (NYSE: SNE), recently signed a license agreement with a new OEM customer.

Neonode, Inc. (NEOND.OB), the optical touch screen technology company, recently announced that it entered into a multi-year technology license agreement with a global consumer electronics company to incorporate Neonode’s touch screen solution into its family of products. Neonode’s patented touch technology, zForce®, supports high resolution pen writing in combination with finger navigation including gestures, multi-touch, sweeps and much more. The customer’s first product using zForce® is planned to be launched during summer this year.

“We are proud to have won this new OEM customer, who is joining a growing group of global consumer electronics vendors, including Sony, ASUSTeK and several others, that have moved to our zForce® Touch Solution. This is a direct result of the increased performance, consumer experience and lower bill of material that we are able to deliver to our customers,” said Thomas Eriksson, CEO of Neonode, Inc.

About Neonode Inc.

Neonode, Inc. is the leading provider of optical touch screen solutions for hand-held and small to midsize devices. Neonode is offering software licenses and engineering design services that enable companies to make high functionality touch screens at a low cost. zForce® is the name of Neonode’s proprietary patented touch screen technology. Neonode, Inc. is listed on the OTCBB under the symbol NEON.OB. Neonode is a trademark and zForce® is a registered trademark of Neonode, Inc.

About zForce®

Neonode’s patented touch solution for portable devices, zForce, is many times more cost effective than any other high performance touch solution in the market today. zForce® supports high resolution pen writing in combination with finger navigation including gestures, multi-touch, sweeps and much more. zForce® doesn’t require an overlay on top of the display window and provides a 100% clear viewing experience. zForce® is the only viable touch screen solution that operates on the new revolutionary reflective display panels. Neonode has signed customer contracts with Sony Corporation, ASUSTeK, Daesung and other global OEM’s. zForce® is currently being integrated into a variety of mobile phones, e-Readers, printer products, automotive applications, mobile internet and tablet devices.

Forward-Looking Statements

This news release contains certain forward-looking statements that involve risks and uncertainties, including statements regarding future products and technology developments. Such statements are only predictions and the company’s actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include, but are not limited to, the ability of Neonode to develop and sell new products and technologies. These factors and others are more fully discussed in the documents the company files from time to time with the Securities and Exchange Commission, particularly, the company’s most recent Form 10-K and Form 10-Q. Neonode and the Neonode logo are registered trademarks of Neonode Inc.

For more information, please visit www.neonode.com.