Elliptic Labs Signs PC Licensing Agreement with Existing Consumer PC Customer with Investing.com
OSLO, Norway–(BUSINESS WIRE)–Elliptic Labs (OSE: ELABS), a global AI software company and world leader in AI Virtual Smart Sensors™, announces the signing of a new license agreement with an existing PC customer. This contract marks Elliptic Labs’ entry into the consumer segment of the PC market, enabling the delivery of Elliptic Labs’ AI Virtual Human Presence Sensor™ to various laptop models.
“Our expansion into the consumer segment of PC customers is strong evidence that our technology is equally applicable to all segments of the laptop market,” said Laila Danielsen, CEO of Elliptic Labs. “We are leveraging our strategy and vision to deepen with existing customers while demonstrating that our technology has significant growth potential across our customers’ product portfolios. We are committed to innovation, making smart, green, and user-friendly devices. .”
AI Virtual Human Presence Sensor, AI Virtual Smart Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.
All other trademarks or service marks are the responsibility of their respective organizations.
Elliptic Labs’ AI Virtual Presence Human sensor
Elliptic Labs’ AI Virtual Human Presence Sensor detects where the user is in front of the PC/laptop system. This allows the device to sleep when the user is away, conserving battery and power life, and protecting it from unauthorized access. Human presence detection is becoming a key force in the PC/laptop industry, but is currently only being implemented in high-end devices due to the cost, risk, and design limitations associated with a dedicated hardware presence sensor. Elliptic Labs’ exclusive AI Virtual Human Presence Sensor software delivers robust human presence detection that allows OEMs to easily and affordably integrate human presence detection across a variety of devices.
About Elliptic Labs
Elliptic Labs is a global business targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as research from the University of Oslo in Norway, the company’s patented software uses AI, ultrasound, and sensor fusion to deliver accurate 3D touch, proximity-, presence-, breath- and pulse-detection information. of the heart. Its AI Virtual Smart Sensor Platform™ creates software-only sensors that are sustainable, human-friendly, and already used by hundreds of millions of devices around the world. Elliptic Labs is the only software company that has brought the power of discovery using AI software, ultrasound, and sensor fusion to scale. The company joined the main list of Oslo Børs in March 2022.
Elliptic Labs is headquartered in Norway and has presence in the USA, China, South Korea, Taiwan, and Japan. Its technology and IP are developed in Norway and are owned exclusively by the company.
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Investor Relations:
Lars Holm
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Source: Elliptic Labs
