Elliptic Labs Launches for the First Time, Two AI Virtual Smart Sensors, on Lenovo ThinkPadTM X1 Carbon Gen 13 Aura Edition Laptops

19 Nov 2024 07:00 CET

Oslo, Norway --- Elliptic Labs (OSE: ELABS), the global leader in AI Virtual
Smart SensorsTM, today announced the commercial launch of its AI software
platform on Lenovo's ThinkPad X1 Carbon Aura Edition laptop. This premium
device release marks the latest deployment of Elliptic Labs' innovative
technology, which now includes both the AI Virtual Human Presence Sensor and
the new Smart Share hero feature enabled by Elliptic Labs' AI Virtual Tap
Sensor. The launch introduces Smart Share, a breakthrough capability that
enables seamless photo transfer between smartphones and Aura Edition laptops
through a simple tap of the phone against the side of the laptop's display.
Powered by Intel's latest Core Ultra chipsets (Series 2), these devices
showcase the full potential of Elliptic Labs' software-only AI solutions.
This launch follows the successful contract announcement from July 2024.

Elliptic Labs' AI Virtual Smart Sensor PlatformTM leverages the company's
ultrasound, AI, and multi-modality expertise to deliver software-only AI
Virtual Smart Sensors that bring seamless user experiences at scale across the
PC, smartphone, and IoT markets. The platform's software-only approach
provides manufacturers with compelling use-cases, and advantages in power
efficiency, privacy enhancement, and security features.

"This dual-sensor launch of our technology on the ThinkPad X1 Carbon Gen 13
Aura Edition represents a significant milestone as our 32nd Lenovo laptop
integration, and is a proof point of our strategy to deploy more virtual smart
sensors per device deployed across more models with our customers," said Laila
Danielsen, CEO of Elliptic Labs. "Our expanding presence in the growing AI PC
market, coupled with innovative features like Smart Share, demonstrates our
ability to deliver meaningful value to both manufacturers and end users. As we
strengthen our leadership in AI-driven innovation, our technology is setting
new standards for device intelligence, sustainability, and user
experiences."

The commercial launch reinforces Elliptic Labs' position in the premium laptop
segment and highlights the company's execution of its product deployment
strategy. This launch validates the company's technology leadership and its
ability to monetize innovations in the expanding AI PC market.

Lenovo and ThinkPad are trademarks of Lenovo.

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.

More information:
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