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Regulatoriskt pressmeddelande

Elliptic Labs Signs Contract with Existing Top-3 Smartphone Vendor for Eight Smartphone Models

Elliptic Laboratories
Ladda ner börsmeddelandet

Oslo, Norway — Elliptic Labs (OSE: ELABS), a global AI software company and a leader in AI Virtual Smart Sensors™, has signed a contract with an existing Top-3 global smartphone vendor for eight smartphone models.

The contract expands the deployment of Elliptic Labs’ AI Virtual Proximity Sensor™ INNER BEAUTY® within one of the world’s largest smartphone manufacturers.

“This contract demonstrates continued confidence in our technology and further strengthens our position within the global smartphone market,” said Ola Sandstad, CEO of Elliptic Labs. “We are pleased to continue our deployment with one of the world’s leading smartphone vendors across eight additional smartphone models.”

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

Proximity detection is a core capability that is used in all smartphones, but Elliptic Labs’ AI Virtual Proximity Sensor is a unique, software-only solution that delivers robust proximity detection without the need for a dedicated hardware sensor. By replacing hardware sensors with software sensors, the AI Virtual Proximity Sensor reduces device cost and eliminates sourcing risk.

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 Platform™ 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.

This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-06-15 08:45 CEST.

Attachments
Elliptic Labs Signs Contract with Existing Top-3 Smartphone Vendor for Eight Smartphone Models