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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™, and HONOR, a global provider of smart devices, are announcing the launch of Elliptic Labs' AI Virtual Proximity Sensor™ INNER BEAUTY® on HONOR's latest smartphone HONOR 50 SE. This is the first collaboration between Elliptic Labs and HONOR. The HONOR 50 SE smartphone, utilizing MediaTek's Dimensity 900 5G platform, is the latest mid-tier smartphone entry from HONOR that will ship by the end of June 2021. Elliptic Labs had announced the contract win for this design win previously and is making details available today.

"HONOR choosing Elliptic Labs' AI Virtual Smart Sensor Platform™ signals that our value proposition of better performance, decreased reliance on hardware sensors and strained supply chains, and lower costs is resonating strongly with the biggest and best smartphone OEMs," explained Laila Danielsen, CEO of Elliptic Labs. "Working with large, experienced smartphone manufacturers like HONOR, which has big plans in its domestic and international markets, further expands the market's exposure to Elliptic's AI Virtual Smart Sensors."

INNER BEAUTY is a registered trademark of Elliptic Labs.

AI Virtual Smart Sensors, AI Virtual Proximity 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.