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Oslo, Norway — Elliptic Labs (EuroNext Growth: ELABS.OL), a global AI software company and the world leader in AI Virtual Smart Sensors™, is launching its AI Virtual Proximity Sensor INNER BEAUTY® on HONOR's latest announced smartphones — the HONOR 60 and HONOR 60SE. The HONOR 60 intended for the mid-high end market and targeted for the international market, is powered by Elliptic Labs' partner Qualcomm's Snapdragon 778G chipset. The HONOR 60SE, a mid-low end smartphone initially targeting the China market, is driven by Elliptic Labs' partner MediaTek's Dimensity 900 chipset. The contract for this launch was previously announced by Elliptic Labs.

"Our continued success with HONOR demonstrates how our AI Virtual Proximity Sensor is the leading proximity solution on the market," said Elliptic Labs' CEO Laila Danielsen. "Our unique AI Virtual Smart Sensor Platform's™ value proposition as a software-only solution brings smartphone, laptop, and IoT OEMs greater cost savings, performance, features, and design while eliminating risks with the continued hardware component supply-chain problems. Elliptic Labs is well positioned to continue to grow in these markets as customers demand that their devices become more intelligent."

INNER BEAUTY is a registered trademark of Elliptic Labs.

AI Virtual Proximity Sensor, AI Virtual Smart 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.