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Elliptic Labs Onboards New Customer and Signs Software License Agreement for AI Virtual Proximity Sensor™ INNER BEAUTY®

Jul 6, 2020News

Oslo, Norway — Elliptic Labs announced today that it has signed a contract with a new smartphone OEM customer in Asia that will incorporate Elliptic’s INNER BEAUTY® AI Virtual Proximity Sensor™ into their next smartphone model.

“We are excited that more smartphone OEMs see the value in our technology and appreciate the opportunities that Elliptic’s AI Virtual Smart Sensor Platform™ has to offer” said Laila Danielsen, CEO of Elliptic Labs.

INNER BEAUTY is just one of several Virtual Smart Sensors™ that Elliptic Labs provides OEMs that deliver greater user functionality and cleaner, sleeker phone designs. Another such example is INNER REFLECTION™, a pioneering virtual presence sensor that offers sub-millimeter precision capable of detecting a person breathing.

INNER BEAUTY is a registered trademark of Elliptic Labs.

INNER REFLECTION, AI Virtual Proximity Sensor, AI Virtual Smart Sensor Platform, and Virtual Smart Sensors are trademarks of Elliptic Labs.

All other trademarks or service markets are the responsibility of their respective organizations.

About Elliptic Labs

Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as a research spin-off from Norway’s Oslo University, the company’s patented AI software combines ultrasound and sensor-fusion algorithms to deliver intuitive 3D gesture, proximity, and presence sensing experiences. Its scalable AI Virtual Smart Sensor Platform™ creates software-only sensors that are sustainable, eco-friendly, and already deployed in hundreds of millions of devices around the world. Elliptic Labs is the only software company that has delivered detection capabilities using AI software, ultrasound, and sensor-fusion deployed at scale. It filed its IPO with the Euronext Growth Market in October 2020.

Elliptic Labs is headquartered in Norway with presence in the USA, China, South-Korea, Taiwan, and Japan. Its technology and IP are developed in Norway and are solely owned by the company.

PR Contacts:

Patrick Tsui

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Investor Relations:

Lars Holmøy

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