05 Sep 2024 17:00 CEST

Issuer

Elliptic Laboratories ASA

The AI-Powered Platform Enhances User Productivity, Personalization, and
Privacy on select Lenovo ThinkPadTM Laptops with Support for iOS and Android

Oslo, Norway --- Elliptic Labs (OSE: ELABS), a global AI software company and
the world leader in AI Virtual Smart SensorsTM, currently deployed in over 500
million devices, is announcing the launch of its latest collaboration with
Lenovo: the Smart Share feature. The innovation enables users to seamlessly
share pictures from their smartphone to their Lenovo laptop with a simple tap.
Lenovo Smart Share will initially ship on Lenovo's new ThinkPad X1 Carbon Gen
13 Aura Edition commercial laptop.

"We're excited to launch our AI Virtual Tap SensorTM in collaboration with
Lenovo, the world's largest PC company, to deliver truly seamless
device-to-device interoperability. This collaboration underscores the
capability of our AI Virtual Smart Sensor PlatformTM to enhance user
productivity, personalization, and privacy across all devices, operating
systems, and applications," said Laila Danielsen, CEO of Elliptic Labs.

Elliptic Labs' AI Virtual Smart Sensor Platform is at the heart of Lenovo's
Smart Share feature, driving easy device-to-device image sharing from both
Android and iOS smartphone operating systems. This marks a significant step
forward in delivering true seamless and technology agnostic cross-platform
sharing.

The software-only AI Virtual Smart Sensor Platform leverages Elliptic Labs'
technological leadership in AI/machine learning, ultrasound, and sensor
fusion, with full-stack expertise in technology development. As the latest
addition of transformative capabilities of this platform, the AI Virtual Smart
Sensor Platform delivers device interoperability enabling laptops,
smartphones, accessories, and other devices to seamlessly find, identify, and
automatically connect with each other --- all with just a simple tap.

This functionality empowers Elliptic Labs' OEM customers to innovate new user
experiences based on interoperability between devices and peripherals, making
these experiences more productive, simpler and safer to use. Consequently,
OEMs are better equipped to gain customer loyalty, create and increase brand
value, add stickiness to their ecosystems, and drive innovation.

"Lenovo and Elliptic Labs have been collaborating since 2019, when we
introduced the first-ever software-only AI Virtual Human Presence SensorTM
solution to the market with the ThinkPad T14 Gen 3 laptop. We are now thrilled
to introduce the game-changing Lenovo Smart Share feature, the latest
collaboration with Elliptic Labs," said Tom Butler, Executive Director of
Global Commercial Product and Portfolio Management, Intelligent Devices Group
at Lenovo. "Elliptic Labs' AI Virtual Tap Sensor helps bring Lenovo Smart
Share to life, simplifying the transfer of pictures from your phone to your
laptop with a simple tap of your phone against your device. Because Smart
Share offers full support for both Android and iOS operating systems, Lenovo
is reshaping device-to-device interoperability by redefining seamless user
experiences across ecosystems and devices."

Lenovo and ThinkPad are trademarks of Lenovo.

Android is a trademark of Google, LLC.

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

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 17. The information was submitted for publication at
2024-09-05 17:00 CEST.


627161_Elliptic Labs Launches AI-Powered Innovation with LenovoTM for True Device-to-Device Interoperability with a Simple Tap.pdf

Source

Elliptic Laboratories ASA

Provider

Oslo Børs Newspoint

Company Name

ELLIPTIC LABORATORIES ASA

ISIN

NO0010722283

Symbol

ELABS

Market

Oslo Børs