Oslo, Norway — Elliptic Labs (EuroNext Growth: ELABS.OL), a global AI software company and the world leader in AI Virtual Smart Sensors™, has signed a license agreement with a new Asia-based smartphone manufacturer. This agreement covers licenses for seven upcoming smartphone models to utilize Elliptic Labs' AI Virtual Proximity Sensor™ INNER BEAUTY®
As a software-only "Virtual Smart Sensor" solution, Elliptic Labs' AI Virtual Proximity Sensor delivers robust proximity-detection functionality without the need for traditional, single-function hardware sensors such as infrared (IR) sensors. This saves costs and eliminates sourcing risk for the smartphone maker. Elliptic Labs' AI Virtual Smart Sensor Platform™ utilizes machine learning, ultrasound, and sensor fusion to create the AI Virtual Proximity Sensors. Any device that has a standard speaker and microphone can deliver this, as well as other functions that Elliptic Labs offers. All Virtual Smart Sensors from Elliptic Labs are privacy-focused, environmentally-friendly, delivering more features while driving down costs. This is why customers choose Elliptic Labs.
"Our unique AI Virtual Smart Sensor Platform's market position continues to strengthen, proven as this new customer signs on for seven smartphone models from the start," said Laila Danielsen, CEO of Elliptic Labs. "Customers choose Elliptic Labs for the value we bring by replacing hardware sensors with our high performing Virtual Smart Sensors. We are pleased to see demand for our solution increase in the smartphone market."
INNER BEAUTY is a registered trademark of Elliptic Labs.
AI Virtual Smart Sensor, AI Virtual Proximity Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.
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