Elliptic Labs Device Launch Update for July 2026

Elliptic Labs (OSE: ELABS) today announced the launch of four new commercial
device models in July 2026 incorporating its AI Virtual Smart Sensor
PlatformTM, comprising one laptop and three smartphone models. The smartphone
launches span Qualcomm Snapdragon 6 Gen 4, Snapdragon 8 Gen 5, and MediaTek
Dimensity 7400 Ultimate platforms, while the Lenovo Yoga Slim 7i Aura Edition
is powered by Intel CoreTM Ultra 200V processors, demonstrating continued
commercial deployment on Intel's previous-generation Lunar Lake platform for
high-volume notebook designs. These launches bring Elliptic Labs' year-to-date
2026 commercial launches to 33 laptops and 40 smartphones, compared to 25
laptops and 39 smartphones during the same period in 2025.

Please refer to the summary of launched models in July 2026 attached, for more
device-specific information.

Contacts
Investor Relations
Ola Sandstad
ir@ellipticlabs.com

PR Contact:
pr@ellipticlabs.com

About Elliptic Labs
Elliptic Labs is a global Edge AI company delivering trusted, low-power
on-device sensing at scale. Our AI Virtual Smart Sensor PlatformTM enables
intelligent, always-on contextual awareness directly on devices --- without
the need for additional hardware or continuous cloud processing.

Deployed in over 500 million devices worldwide, our platform powers
software-defined sensing across a broad range of consumer and enterprise
products. By executing compact neural networks directly on-device, our
technology delivers adaptive, real-time sensing that preserves user privacy
while minimizing power consumption.

For more than a decade, Elliptic Labs has specialized in efficient neural
network execution using proprietary runtimes and custom-built sensing models
optimized for real-world environments. Built on balanced, self-collected
datasets and engineered to operate across diverse hardware architectures, our
AI Virtual Smart Sensors enable seamless integration across product
generations and device categories.

Our solutions enhance security, personalization, productivity, and user
experience --- forming a scalable foundation for the next generation of
AI-enabled devices.

Headquartered in Norway, with a presence in the USA, China, South Korea,
Taiwan, and Japan, Elliptic Labs is listed on the Oslo Stock Exchange. All
technology and intellectual property are developed in Norway and are solely
owned by the company, ensuring independence and long-term innovation.

Trademark
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.

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