Elliptic Labs Signs New Expansion License Contract with Smartphone Customer Transsion
August 26 2024 - 12:00AM
Business Wire
Elliptic Labs (OSE: ELABS), a global AI software company and the
world leader in AI Virtual Smart Sensors™ currently deployed in
over 500 million devices, has signed another license contract with
existing smartphone customer Transsion. This contract encompasses
the usage of Elliptic Labs’ AI Virtual Proximity Sensor™ INNER
BEAUTY® for several future smartphone deployments.
"It’s exciting that Transsion continues to deploy our AI Virtual
Proximity Sensor on their smartphones," said Laila Danielsen, CEO
of Elliptic Labs. "Collaborating with Transsion brings the AI
Virtual Smart Sensor Platform™ to their latest smartphone designs.
Together with Transsion we deliver devices that are greener,
smarter, and more human-friendly."
INNER BEAUTY is a registered trademark of Elliptic Labs.
AI Virtual Smart Sensor, AI Virtual Proximity 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.
AI Virtual Proximity Sensor INNER BEAUTY
Elliptic Labs’ AI Virtual Proximity Sensor detects when a user
holds their phone up to their ear during a call, allowing the
smartphone to turn off its display and disable its screen’s touch
functionality. This keeps the user’s ear or cheek from triggering
unwanted actions during the call, such as hanging up or dialing
numbers. Turning off the screen also helps conserve battery
life.
Proximity detection is a core capability that is used in all
smartphones, but Elliptic Labs’ AI Virtual Proximity Sensor is a
unique, software-only solution that delivers robust proximity
detection without the need for a dedicated hardware sensor. By
replacing hardware sensors with software sensors, the AI Virtual
Proximity Sensor reduces device cost and eliminates sourcing
risk.
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
software uses AI, ultrasound and sensor fusion to deliver intuitive
3D gesture, proximity-, presence-, breathing- and
heartbeat-detection experiences. Its scalable AI Virtual Smart
Sensor Platform creates software-only sensors that are sustainable,
human-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. The
company joined the Oslo Børs main listing in March 2022.
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.
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PR Contacts: Patrick Tsui pr@ellipticlabs.com
Investor Relations: Lars Holmøy
Lars.Holmoy@ellipticlabs.com