Elliptic Labs Expands Relationship with Laptop OEM, Announcing Third PoC Agreement

Oslo, Norway — Elliptic Labs (EuroNext Growth: ELABS.OL), a global AI software company and the world leader in Virtual Smart Sensors™, announced today that it has signed a third contract for a proof-of-concept (PoC) project with one of the top three laptop/PC manufacturers. This agreement features Elliptic's AI Virtual Smart Sensor Platform™ on the OEM's line of Small and Medium Business (SMB) laptops. This PoC project will highlight Elliptic's AI Virtual Smart Sensor Platform, offering the AI Virtual Presence Sensor™ to enable the laptop to detect human presence and the AI Virtual Gestures Sensor™, enabling the laptop touchless 3D gesture detection.

"Adding more PoCs with this laptop OEM shows the solid progress Elliptic Labs is making in entering new verticals and market response to new products," said Laila Danielsen, CEO of Elliptic Labs.  "Being a software-only solution, Elliptic Labs' AI Virtual Smart Sensor Platform mitigates ongoing concerns about the tight global supply chain for hardware components and sensors.  The AI Virtual Smart Sensor Platform empowers OEMs to offer multiple AI Virtual Sensors in their devices without introducing hardware sensors, giving end-users more for less. Consequently, the interest in engaging with Elliptic Labs from both partners and customers has increased."

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

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