Neonode Inc. — Director's Dealing 2005

Mar 23, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SBE INC (SBEI)
CIK: 0000087050
Period of Report: 2005-03-23

Reporting Person: Munio Ignacio C (VP Engineering)

Holdings (Non-Derivative)

Security	Shares	Ownership
SBE Common Stock	700000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SBE stock Options	$7.13	2010-12-09	Stock Options (50000)		Direct
SBE Stock Options	$4.00	2012-01-01	Stock Options (200000)		Direct