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Oslo, Norway — Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™, has signed a fourth expansion of its software license agreement with a current PC customer. This fourth expansion of the existing agreement is to use the software-only AI Virtual Presence Sensor™ on several more laptop models in the future.

Elliptic Labs' AI Virtual Smart Sensor Platform™ utilizes patented algorithms, proprietary machine learning (ML) tools and sensor-fusion to create AI Virtual Smart Sensors™ delivering innovative features such as human presence detection scalable to billions of devices.

"This fourth expansion of the contract with this PC customer validates the importance of presence detection and the need for our technology for the PC industry," says Laila Danielsen, CEO of Elliptic Labs. "This is in line with what we communicated when we first signed up the laptop customer, that our technology would be implemented on more of their models. We are also working with other leading Laptop manufacturers."

Elliptic Labs' AI Virtual Presence Sensor turns off the laptop's display and puts the system to sleep when users are not present in front of the system. Without that capability to detect a user's presence, the laptop remains on, wasting battery life and electricity while leaving the system vulnerable to unpermitted access. Human presence detection is becoming a core capability that is currently featured only in high-end laptops. However, Elliptic Labs' AI Virtual Presence Sensor delivers robust human presence detection without the need for a dedicated hardware sensor.

AI Virtual Smart Sensor, AI Virtual Presence Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.

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