Elliptic Labs’ AI Virtual Smart Sensors Launches on Latest Xiaomi Smartphone � the Redmi Note 10 Pro

OSLO, Norway–(BUSINESS WIRE)–#AI—Elliptic Labs (EuroNext Growth: ELABS.OL), a global AI software company and the world leader in AI Virtual Smart Sensors, is announcing another release of its AI Virtual Proximity Sensor INNER BEAUTY^� with the third largest smartphone manufacturer in the world, Xiaomi (HKSE: 1810.HK). The Redmi Note 10 Pro smartphone, utilizing Mediatek’s Dimensity 1100 5G platform, is Elliptic Lab’s latest entry into the Redmi line of high volume, value-minded smartphones, released specifically for the Chinese market.

“We are pleased to see that Xiaomi continues to utilize Elliptic Labs’ AI Virtual Smart Sensor Platform for their smartphones to replace proximity hardware sensors with software delivering cleaner design, lower cost and better performance,” explained Laila Danielsen, CEO of Elliptic Labs. “Additionally, since AI Virtual Smart Sensors are software-only, our platform mitigates ongoing concerns about the tight global supply chain for hardware components and sensors.”

INNER BEAUTY is a registered trademark of Elliptic Labs.

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About Elliptic Labs

Elliptic Labs is headquartered in Norway with presence in the USA, China, South-Korea, Taiwan, and Japan. Founded in 2006 as a research spin-off from Norway’s Oslo University, Elliptic Labs filed its IPO with the Euronext Growth Market in October, 2020. Elliptic Labs is now a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. 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 over 150 million devices. Elliptic Labs is the only software company in the market that has delivered detection capabilities using AI software, ultrasound and sensor-fusion deployed at scale. Elliptic Labs’ technology and IP are developed in Norway and solely owned by the Company.

Contacts

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Patrick Tsui

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Investor Relations:
Thor A. Talhaug

talhaug@ellipticlabs.com