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.

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