Correction: Elliptic Labs delivers 14 Device Launches in April 2026

05 May 2026 11:30 CEST

Elliptic Labs (Oslo: ELABS) today announced a correction to its previously
published release regarding device launches in April 2026. The correct
year-to-date number of smartphone launches is 29 (not 22 as previously
stated). All other information remains unchanged.

Elliptic Labs (Oslo: ELABS) today announced the launch of 14 new device models
in April, incorporating its Elliptic labs technology - comprising 7 smartphone
models and 7 laptop/PC models -- bringing year-to-date 2026 launches to 24
laptops and 29 smartphones. This compares to 23 laptops and 20 smartphones in
the same period of 2025. The launches span four major chipset architectures,
four OEM brands, and a wide range of price points from mass-market to
flagship. Notably, four of the Lenovo IdeaPad models are among the first
laptops in the market to ship on Intel's newly released chipset ---
positioning Elliptic Labs as a day-one partner on Intel's latest platform.

April's 14 launches reflect Elliptic Labs' core business: one software
platform running on multiple partners' platforms, with each new shipping
device leveraging already established technology and system design, generating
royalty revenue at little incremental cost to the company.

Increased platform coverage
April deployments included Intel's newly released CoreTM Series 3, marking
Elliptic Labs' first commercial deployment on this platform and a key
milestone in the companies' strategic partnership. Deployments also spanned
several major platforms, including Qualcomm Snapdragon's Snapdragon 7s Gen 4,
Snapdragon 7 Gen 4, and Snapdragon 8 Elite, MediaTek's Dimensity 6500 Elite,
Dimensity 7300e, Dimensity 8400 Ultimate, and Dimensity 8500, along with
Intel's CoreTM Ultra processors.

On the smartphone side, the month demonstrated robust engagement with leading
OEMs. vivo launched three smartphone models featuring Elliptic Labs technology
- including the Y600 Pro, T5 Pro, and iQOO Z11; Transsion brand Infinix rolled
out the GT 50 Pro; and Honor launched three models, including the Honor 600
Pro and Honor 600 alongside the X80i. All seven smartphone models incorporate
the AI Virtual Proximity Sensor INNER BEAUTY®, which replaces the traditional
hardware proximity sensor with a software-only solution, allowing greater
design freedom and reduced hardware complexity while maintaining full sensor
functionality.

Lenovo led the laptop and PC segment with 7 models across its IdeaPad lines,
significantly leveraging our partnership with Intel's new CoreTM Series 3
processors. All models feature the AI Virtual Human Presence SensorTM,
underscoring a strategic push toward advanced sensor solutions in computing.

These launches underscore a diverse deployment reflecting demand for Elliptic
Labs' technology at every tier of the global consumer device market.

Please refer to the summary of launched models in April 2026 attached, for
more device specific information.

Contacts
Investor Relations
Ola Sandstad
ir@ellipticlabs.com

PR Contact:
pr@ellipticlabs.com

About Elliptic Labs
Elliptic Labs is a global Edge AI company delivering trusted, low-power
on-device sensing at scale. Our AI Virtual Smart Sensor PlatformTM enables
intelligent, always-on contextual awareness directly on devices --- without
the need for additional hardware or continuous cloud processing.

Deployed in over 500 million devices worldwide, our platform powers
software-defined sensing across a broad range of consumer and enterprise
products. By executing compact neural networks directly on-device, our
technology delivers adaptive, real-time sensing that preserves user privacy
while minimizing power consumption.

For more than a decade, Elliptic Labs has specialized in efficient neural
network execution using proprietary runtimes and custom-built sensing models
optimized for real-world environments. Built on balanced, self-collected
datasets and engineered to operate across diverse hardware architectures, our
AI Virtual Smart Sensors enable seamless integration across product
generations and device categories.

Our solutions enhance security, personalization, productivity, and user
experience --- forming a scalable foundation for the next generation of
AI-enabled devices.

Headquartered in Norway, with a presence in the USA, China, South Korea,
Taiwan, and Japan, Elliptic Labs is listed on the Oslo Stock Exchange. All
technology and intellectual property are developed in Norway and are solely
owned by the company, ensuring independence and long-term innovation.

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.

More information:
Access the news on Oslo Bors NewsWeb site

672367_Elliptic Monthly Summary April 2026.pdf
672367_Elliptic Labs delivers 14 Device Launches in April 2026.pdf