Elliptic Labs Annual Report Published

Oslo, Norway — Elliptic Labs (OSE: ELABS), The 2022 Annual Report for Elliptic Laboratories ASA, including the ESG report and Remuneration report, is enclosed. The annual report in European Single Electronic Format (ESEF) is also available as an attachment to this release. The Annual Accounts and Remuneration report were approved by the Board of Directors 27th of April 2023. The Annual Report is also published on www.ellipticlabs.com.

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 software uses AI, ultrasound, and sensor-fusion to create AI Virtual Smart Sensors that deliver intuitive 3D gesture-, proximity-, presence-, breathing-, and heartbeat -detection experiences. Its scalable AI Virtual Smart Sensor Platform™ creates software-only sensors that are sustainable, human-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. The company is listed on the Oslo Børs.

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.

Annual Report 2022 Elliptic Laboratories ASA