Elliptic Labs Signs New Expansion License Agreement with Smartphone Customer Transsion

OSLO, Norway, August 26, 2024–(BUSINESS WIRE)–Elliptic Labs (OSE: ELABS), a global AI software company and world leader in AI Virtual Smart Sensors™, currently deployed in over 500 million devices, has signed another licensing agreement with existing smartphone customer Transsion. The agreement covers the use of Elliptic Labs INNER BEAUTY AI Virtual Proximity Sensor™^® for several future smartphone implementations.

“It’s exciting that Transsion continues to deploy our AI Virtual Proximity Sensor on their smartphones,” said Laila Danielsen, CEO of Elliptic Labs. “This collaboration with Transsion brings the AI ​​Virtual Smart Sensor Platform™ to their latest smartphone designs. Together with Transsion, we are delivering devices that are greener, smarter, and more human-friendly.”

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 and service marks are the responsibility of their respective organizations.

AI Virtual Proximity Sensor INNER BEAUTY

Elliptic Labs’ AI Virtual Proximity Sensor detects when a user holds the phone to their ear during a call, allowing the smartphone to turn off the display and disable touchscreen functionality. This prevents 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 save battery life.

Proximity detection is a basic feature that is used in all smartphones, but Elliptic Labs’ AI Virtual Proximity Sensor is a unique, software-only solution that provides 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 costs and eliminates acquisition risks.

About Elliptic Labs

Elliptic Labs is a global enterprise operating in the smartphone, laptop, IoT and automotive markets. Founded in 2006 as a research company out of the University of Oslo, Norway, the company’s proprietary software leverages AI, ultrasound and sensor fusion to deliver intuitive 3D experiences for gestures, proximity, presence, breathing and heartbeat. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, human-friendly and have already been deployed in hundreds of millions of devices worldwide. Elliptic Labs is the only software company to deliver AI, ultrasound and sensor fusion sensing capabilities deployed at scale. The company joined Oslo Børs’ Main List in March 2022.

The story continues

Elliptic Labs is headquartered in Norway, with operations in the US, China, South Korea, Taiwan, and Japan. Its technology and intellectual property are developed in Norway and are the exclusive property of the company.

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