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Investing.com Elliptic Labs signs new license agreement to expand 20 smartphone models

OSLO, Norway–( BUSINESS WIRE )–Elliptic Labs (OSE: ELABS ), a global artificial intelligence software company and world leader in AI Virtual Smart Sensors™ currently used in more than 500 million devices, announces an expansion agreement to at least 20 confirmed models from the world’s top-5 smartphone manufacturers, with a guaranteed minimum license fee for each model. These models are planned for gradual introduction over the next 12-15 months.

The world’s largest smartphone manufacturers continue to choose our AI Virtual Smart Sensor Platform™ to drive innovation and deliver value to their end customers, said Laila Danielsen, CEO of Elliptic Labs. Our smartphone business is growing healthy, and as we mature, we increasingly demonstrate the economies of scale that the largest smartphone OEMs rely on to create greener, smarter, more user-friendly devices.

AI Virtual Proximity Sensor INNER BEAUTY

Elliptic Labs’ AI Virtual Proximity Sensor detects when a user holds their phone to their ear during a call, allowing the smartphone to turn off the screen and disable the on-screen touch functionality. This protects the user’s ear or cheek from triggering unwanted actions during a call, such as hanging up or dialing numbers. Turning off the screen also helps preserve battery life.

Proximity detection is a core feature used in all smartphones, but Elliptic Labs’ AI Virtual Proximity Sensor is a unique software solution that provides robust proximity detection without the need for a separate hardware sensor. By replacing hardware sensors with software sensors, the AI ​​Virtual Proximity Sensor reduces device costs and eliminates source risk.

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 brands or service markets are the responsibility of their respective organizations.

About Elliptic Labs

Elliptic Labs AI Virtual Smart Sensor Platform™ brings contextual intelligence to devices, improving user experiences. Our technology uses proprietary deep neural networks to create artificial intelligence-powered virtual smart sensors that improve personalization, privacy and productivity.

Currently deployed on more than 500 million devices, our platform works across devices, operating systems, platforms and applications. By leveraging system-level telemetry data for cloud-based large-scale language models (LLMs), the AI ​​Virtual Smart Sensor Platform provides an unmatched ability to leverage output from any available data source. This approach allows devices to better understand and respond to their environment, making the technology more intuitive and easier to use. At Elliptic Labs, we don’t just adapt to the future of technology – we actively shape it. Our goal is to continue to push the boundaries of contextual intelligence, creating more intuitive and powerful experiences for users around the world.

Elliptic Labs is headquartered in Norway, and is present in the USA, China, South Korea, Taiwan and Japan. The company is listed on the Oslo Stock Exchange. Its technology and IP were developed in Norway and are exclusively owned by the company.

PR contacts:
Patrick Tsui
pr@ellipticlabs.com

Relations with investors:
Lars Holmøy
Lars.Holmoy@ellipticlabs.com

Source: Elliptic Labs





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