Elliptic Labs Signs New Contract with Current Laptop Customer to Expand AI Virtual Human Presence Sensor Across Consumer Laptop Segments

16 Feb 2026 07:00 CET

Oslo, Norway --- Elliptic Labs (OSE: ELABS) has signed an agreement securing
deployment of its AI Virtual Human Presence Sensor across a minimum of 11
upcoming consumer laptop models from a global laptop manufacturer where
Elliptic Labs' technology is already in production.

The secured deployment spans multiple consumer laptop segments, ranging from
volume-oriented models to premium designs within the manufacturer's lineup.
The agreement reflects the scalability and adaptability of Elliptic Labs' AI
Virtual Smart Sensor Platform across diverse laptop designs and
configurations.

The contracted laptop models are scheduled to begin shipping in 2027 and
represent several product families within the consumer portfolio.

"This agreement represents a significant step in further scaling our AI
Virtual Human Presence Sensor within a major global laptop portfolio," said
Ola Sandstad, CEO of Elliptic Labs. "Being selected across consumer segments
--- from high-volume models to premium designs --- demonstrates the strength
of our software-defined architecture and our ability to deploy seamlessly
across all laptop platforms. We believe this reinforces our position as a key
enabler of next-generation AI-driven user experiences."

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
Ola Sandstad
ir@ellipticlabs.com

PR Contact:
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 nearly 1 billion 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 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.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication,
through the agency of the contact persons set out above, at 2026-02-16 07:00
CET.

More information:
Access the news on Oslo Bors NewsWeb site

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