Elliptic Labs Signs a Multi-Year License Agreement with Current Customer for Consumer Laptops

27 Aug 2025 12:00 CEST

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 license agreement with a current
laptop customer for consumer laptops and PC accessories. This new agreement
follows Elliptic Labs' recent agreement for commercial laptops with the same
PC customer, broadening the deployment of Elliptic Labs AI Virtual Smart
Sensor PlatformTM to laptops for both the commercial and consumer markets.

In June 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 for its long-term smart device strategy.

"We are rapidly expanding our laptop contract portfolio," said Laila
Danielsen, CEO of Elliptic Labs. "Following our announcement of a multi-year
contract for commercial laptops earlier this week, we are now expanding also
with consumer laptops. This demonstrates the customers' commitment to our
technology platform and our relevance in their product roadmap. Consumer is
the largest laptop segment globally, and we are excited to grow our footprint
with a world leading PC OEM."

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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