27 Feb 2023 07:00 CET

Issuer

Elliptic Laboratories ASA

Oslo, Norway -- Elliptic Labs (OSE: ELABS), a global AI software company and
the world leader in AI Virtual Smart SensorsTM, is announcing the launch of the
100% software-only AI Virtual Human Presence Sensor on multiple Lenovo
ThinkPad X and T Series laptops. This launch covers the Lenovo ThinkPad T14,
T14s, and T16 Gen 4 along with ThinkPad X13 Gen 4, and ThinkPad X13 Yoga Gen
4. These laptops will be powered with the latest Intel and AMD chipsets (both
Intel and AMD are Elliptic Labs' partners), except for the X13 Yoga Gen 4
which will run Intel only. The contract for this launch was previously
announced by Elliptic Labs.

Elliptic Labs' AI Virtual Smart Sensor PlatformTM utilizes ultrasound, small
footprint machine learning networks, and sensor fusion to create AI Virtual
Smart Sensors delivering high performing frictionless user experiences at
scale. The AI Virtual Human Presence Sensors' power and value are being
validated and chosen by the largest PC makers, as demonstrated by this launch.

"We are excited that Lenovo is using our 100% software-based AI Virtual Human
Presence Sensors broadly across so many of their laptop models. This
significant launch is further proof of the scalability, power, and value of
our AI Virtual Smart Sensor Platform," said Laila Danielsen, CEO of Elliptic
Labs. "Our extensive deployment of the AI software platform is advancing us
towards our vision of making all devices to become smarter, more
user-friendly, and environmentally sustainable."

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 is a global enterprise targeting the smartphone, laptop, IoT,
and automotive markets. Founded in 2006 as a research spin-off from Norway's
Oslo University, the company's patented software uses AI, ultrasound, and
sensor-fusion to create AI Virtual Smart Sensors that deliver intuitive 3D
gesture-, proximity-, presence-, breathing-, and heartbeat -detection
experiences. Its scalable AI Virtual Smart Sensor PlatformTM creates
software-only sensors that are sustainable, human-friendly, and already
deployed in hundreds of millions of devices around the world. Elliptic Labs is
the only software company that has delivered detection capabilities using AI
software, ultrasound, and sensor-fusion deployed at scale. The company is
listed on the Oslo Børs.

Elliptic Labs is headquartered in Norway with presence in the USA, China,
South -Korea, Taiwan, and Japan. 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.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2023-02-27 07:00 CET.


583591_Elliptic Labs AI Virtual Human Presence SensorTM Launches on ThinkPadTM X and T Series Laptops.pdf

Source

Elliptic Laboratories ASA

Provider

Oslo Børs Newspoint

Company Name

ELLIPTIC LABORATORIES ASA

ISIN

NO0010722283

Symbol

ELABS

Market

Oslo Børs