Elliptic Labs Signs Software License Contract with New Top-5 Smartphone OEM Customer

OSLO, Norway–(BUSINESS WIRE)–Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™, has signed a software license agreement with a new Top-5 smartphone customer. This agreement will cover future smartphones utilizing Elliptic Labs’ AI Virtual Proximity Sensor™ INNER BEAUTY®.

“We are excited to sign with a new smartphone manufacturer and pleased that the smartphone market continues to value our 100% software-only AI Virtual Smart Sensor Platform™,” said Laila Danielsen, CEO of Elliptic Labs. “The innovation of replacing dedicated, single purpose hardware sensors with our AI Virtual