Oslo, Norway - Elliptic Labs (EuroNext Growth: ELABS.OL), a global AI software
company and the world leader in AI Virtual Smart sensors, announced that its AI
Virtual Presence Sensor will be making its laptop debut on Lenovo's top-selling
ThinkPad T14 laptop. Elliptic Labs' AI Virtual Smart Sensor Platform brings the
first software-only human presence detection solution, the AI Virtual Presence
Sensor, to the commercially and critically successful ThinkPad T14. Elliptic
Labs' AI Virtual Presence Sensor enables the laptop to automatically lock or
unlock whenever the user leaves or returns to the screen, making the laptop more
secure while reducing power consumption.  Elliptic Labs' platform combines
ultrasound, sensor fusion, and proprietary machine learning (ML) tools together
in order to make laptops - and devices at large - smarter. Lenovo, the largest
PC manufacturer in the world, will be the first in the market to bring the
benefits of this technology to users.
 
"The launch of our solid AI Virtual Presence Sensor on Lenovo's ThinkPad T14
laptop demonstrates the powerful value our software-based AI Virtual Smart
Sensor Platform brings not only to the PC market, but also to the IoT, smart
home, and automotive industries as well," said Laila Danielsen, CEO of Elliptic
Labs. "Our lives are becoming more and more centered around an increased number
of devices, so our AI Virtual Smart Sensors improve the intelligence of those
devices even further, bringing improved security, ease of use, while lowering
costs and reducing power consumption at an impactful scale. Our platform has
proven its scalability - having shipped in hundreds of millions smartphone
devices - and also in terms of market reach, as seen by this launch with Lenovo
and Intel, bringing our AI Virtual Presence Sensor to the PC market for the
first time.  As a result, Elliptic Labs is well-positioned to lead the next
generation of smart devices toward being more secure, human- and eco-friendly."

"We are excited about the opportunities that this collaboration between Lenovo
and Elliptic Labs will unlock," said Luis Hernandez, Lenovo Vice President, PC
and Smart Solutions Development, Commercial Business. "Lenovo prides itself on
being the leader in innovative technologies that bring users the latest and
greatest solutions to improve their workflows and experiences. Working with
Elliptic Labs and utilizing their AI Virtual Smart Sensor Platform will not only
redefine how we introduce human presence detection into our laptop portfolio,
but it will also lay the foundation for unlocking exciting new features in our
smart devices for home and office." 
 
Elliptic Labs' collaboration with Intel, driven by thought leaders at Lenovo,
enables straightforward integration of Elliptic Labs' AI Virtual Smart Sensor
Platform on Intel's Alder Lake platform. For its part, Lenovo has chosen its
award-winning ThinkPad line to be the first laptop series to feature Elliptic
Labs' AI Virtual Presence Sensor, matching the power, value, and potential of
Elliptic Labs' platform with its own high-quality product. Working together with
Intel and Lenovo to bring innovation to laptops validates Elliptic Labs' vision
of providing natural and intuitive user experiences through ultrasound,
sensor-fusion, and machine learning.


AI Virtual Smart Sensors, AI Virtual Presence Sensor, AI Virtual Presence Sensor
Platform, AI Virtual Smart Sensor are trademarks of Elliptic Labs.

All other trademarks or service markets are the responsibility of their
respective organizations.

Media:
Patrick Tsui
pr@ellipticlabs.com

Investor relations:
CFO Lars Holmøy
Lars.Holmoy@ellipticlabs.com


About Elliptic Labs
Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and
automotive markets. Founded in 2006 as a research spin-off from Norway's Oslo
University, the company's patented AI software combines ultrasound and
sensor-fusion algorithms to deliver intuitive 3D gesture, proximity, and
presence-sensing experiences. Its scalable AI Virtual Smart Sensor Platform
creates software-only sensors that are sustainable, eco-friendly, and already
deployed in hundreds of millions of devices around the world. Elliptic Labs is
the only software company that has delivered detection capabilities using AI
software, ultrasound, and sensor-fusion deployed at scale. It filed its IPO with
the Euronext Growth Market in October 2020. 
Elliptic Labs is headquartered in Norway with presence in the USA, China, South
Korea, Taiwan, and Japan. Its technology and IP are developed in Norway and are
solely owned by the company.