Oslo, Norway --- Elliptic Labs (OSE: ELABS), a global AI software company and
the world leader in AI Virtual Smart SensorsTM currently deployed in over half
a billion devices, has signed a multi-year agreement with a current laptop
customer. The new agreement introduces an expanded licensing structure to also
cover PC accessories and underscores the customer's commitment to deploying
Elliptic Labs' AI Virtual Smart Sensor PlatformTM more broadly across its
next-generation commercial laptop portfolio.
Earlier this year, the customer decided to embed Elliptic Lab's AI platform
within its proprietary software stack rather than deploying the AI Virtual
Smart Sensor platform via a third-party app. By adopting Elliptic Labs'
technology at the core of its platform, the customer streamlines deployment,
reduces reliance on external software, and establishes Elliptic Labs as a
foundation of its long-term smart device strategy.
"This is a landmark agreement for Elliptic Labs," said Laila Danielsen, CEO of
Elliptic Labs. "By deepening and broadening the integration of our AI Virtual
Smart Sensor Platform into their device and accessories portfolio, the
customer is demonstrating strong commitment to deploy our technology as a key
driver of their future interoperability solutions. This contract strengthens
our position in the AI PC market, enabling us to scale our platform across
more devices, operating systems, and user experiences."
Elliptic Labs' AI Virtual Human Presence Sensor
Elliptic Labs' AI Virtual Human Presence Sensor detects when a user is present
in front of a PC/laptop system. This allows the device to sleep when a user is
absent, conserving battery life and electricity and safeguarding it from
unpermitted access. Human presence detection is becoming a core capability in
the PC/laptop industry, but it is currently featured only in high-end devices
due to the cost, risk, and design limitations associated with a dedicated
hardware presence sensor. Elliptic Labs' software-only AI Virtual Human
Presence Sensor delivers robust human-presence detection that allows OEMs to
easily and affordably incorporate human presence detection across a wide range
of devices.
Contacts
Investor Relations:
Lars Holmøy
Lars.Holmoy@ellipticlabs.com
PR Contact:
Patrick Tsui
pr@ellipticlabs.com
About Elliptic Labs
Elliptic Labs' AI Virtual Smart Sensor PlatformTM brings contextual
intelligence to devices, enhancing user experiences. Our technology uses
proprietary deep neural networks to create AI-powered Virtual Smart Sensors
that improve personalization, privacy, and productivity.
Currently deployed in over 500 million devices, our platform works across all
devices, operating systems, platforms, and applications. By utilizing
system-level telemetry data to cloud-based Large Language Models (LLMs), the
AI Virtual Smart Sensor Platform delivers the unrivaled capability to utilize
output data from every available data source. This approach allows devices to
better understand and respond to their environment, making technology more
intuitive and user-friendly. At Elliptic Labs, we're not just adapting to the
future of technology -- we're actively shaping it. Our goal is to continue
pushing the boundaries of contextual intelligence, creating more intuitive and
powerful experiences for users worldwide.
Elliptic Labs is headquartered in Norway with presence in the USA, China,
South-Korea, Taiwan, and Japan. The company is listed on the Oslo Stock
Exchange. Its technology and IP are developed in Norway and are solely owned
by the company.
Trademark
INNER BEAUTY is a registered trademark of Elliptic Labs.
AI Virtual Smart Sensor, AI Virtual Smart Sensor Platform, AI Virtual
Proximity Sensor, AI Virtual Presence Sensor, AI Virtual Connection Sensor, AI
Virtual Gesture Sensor, AI Virtual Heartbeat Sensor, and AI Virtual Breathing
Sensor are trademarks of Elliptic Labs.
All other trademarks or service markets are the responsibility of their
respective organizations.