OSLO, Norway--(BUSINESS WIRE)--Elliptic Labs (EuroNext Growth: ELABS.OL), a global AI software company and leader in Virtual Smart Sensors, is announcing another design launch with Xiaomi (HKSE: 1810.HK), the world�s third largest smartphone manufacturer. As a follow up to Xiaomi�s critically and commercially successful flagship Mi 11, both Xiaomi�s Mi 11 Lite 5G (Snapdragon 780G) and Mi 11 Lite (Snapdragon 732G) smartphones are powered with the software-only AI Virtual Smart Sensor Platform, Elliptic Labs� AI Virtual Proximity Sensor INNER BEAUTY. The AI Virtual Proximity Sensor INNER BEAUTY has enabled elegant bezel-less designs for many Xiaomi phones, starting with the groundbreaking Mi Mix in 2016. Elliptic Labs has previously announced the contract win related to this launch.

�Elliptic Labs� AI Virtual Smart Sensor Platform has been beneficial to help drive innovation for world leading OEMs like Xiaomi,� shared Elliptic Labs� CEO Laila Danielsen. �Offering proximity detection with our software-only solution AI Virtual Proximity Sensor INNER BEAUTY has changed smartphone design for the better. By eliminating the need for additional hardware sensors, we not only enable beautiful bezel-less screens but are doing our part to make these devices greener and more ecologically responsible.�

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

PR Contacts:

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Investor Relations:

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