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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 its first enterprise software license agreement with one of the top three leading global laptop/PC manufacturers. This agreement is for Elliptic's AI Virtual Smart Sensor Platform™ and covers the OEM's mid-tier high volume commercial laptops across multiple models.

Elliptic Labs' AI Virtual Smart Sensors Platform enables features such as presence, heartbeat, breathing, proximity and touchless gesture detection. The company's patented AI software combines ultrasound and sensor-fusion algorithms to deliver next generation user experiences. 

The innovative Virtual Smart Sensors will provide the laptop a unique model for safety, interactivity, and productivity. By utilizing the laptop's existing speaker and microphone, the AI Virtual Smart Sensor Platform sends and receives ultrasonic waves.  These waves are translated by the AI Virtual Smart Sensor Platform into Virtual Smart Sensors offering different user experiences.  In this instance, the AI Virtual Lock Sensor detects when the user leaves the laptop, automatically locking the system to reduce power consumption, prevent unwanted access, and increase security.

"Securing an enterprise license agreement with a leading OEM in the PC/laptop market is an incredible and important milestone for Elliptic Labs. It is exciting that our AI Virtual Smart Sensor Platform is being adopted for yet another vertical market.  We are ideally positioned as laptop OEMs are looking for features that are deployed uniformly across all models, from low to high-tier," stated Laila Danielsen, CEO of Elliptic Labs. "Our technology helps OEMs address increased market demand for smarter devices that are made responsibly. Being a software-only solution, Elliptic Labs' AI Virtual Smart Sensor Platform empowers OEMs to offer innovative functionalities in their devices without introducing multiple hardware sensors, giving end-users more for less."

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

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