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Elliptic Labs Expands to Taiwan and Signs Proof-of-Concept Contract with a New PC OEM

Mar 8, 2021News

Oslo, Norway — Continuing its strong push into the PC/laptop market, Elliptic Labs (EuroNext Growth: ELABS.OL) has expanded its team to Taiwan and signed a fifth Proof-of-Concept contract for its AI Virtual Presence Sensor™, this time with another top-five PC manufacturer. This project will be done on an Intel Tiger Lake platform.

Elliptic Labs’ AI Virtual Presence Sensor is a software-only solution that automatically turns a laptop’s screen on and off based on whether a user is present in front of it or not. The virtual sensor does this by utilizing the laptop’s existing speaker and microphone to transmit and receive ultrasound signals, then interprets those signals using AI and proprietary algorithms to detect when a user enters or leaves the area.

Elliptic Labs’ continued success in achieving new PC partnerships demonstrates the value of its AI Virtual Presence Sensor while also underscoring the company’s growth and credibility within the PC ecosystem. Elliptic Labs has established its technology as a critical capability of laptop/PC designs, developing significant relationships and compatibility with the major platforms to ensure long-term PC market relevancy.

“As we are capitalizing on the PC market momentum and the need for human presence detection — we are expanding our team to Taiwan where the major companies we are working with have a large presence: more than 85% of laptops sold worldwide are manufactured by Taiwanese companies,” Elliptic Labs’ CEO Laila Danielsen explained. “With the PC market experiencing a renaissance in 2020 — one that we anticipate will continue into 2021 and beyond — Elliptic Labs is perfectly positioned for a big growth trajectory in the near future.”

AI Virtual Presence Sensor is a trademark 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.

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