November 21, 2024

Elliptic Labs signs expansion agreement with current customer

Elliptic labs
Elliptic labs

Elliptic Labs (OSE: ELABS), a global AI software company and a world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices, has signed a new large expansion of its software license agreement with a current PC customer. This expansion of the existing agreement is to use Elliptic Labs’ software-only AI Virtual Presence Sensor™ on many more laptop models in the future.

“This new expansion contract with one of our current PC customers solidifies the strong pull from the PC industry to add game-changing innovation through our AI-based software-only approach,” says Laila Danielsen, CEO of Elliptic Labs. “Our AI Virtual Smart Sensor Platform is redefining the user experience with our technological leadership in AI, ultrasound, and sensor fusion. The fact that we enable the largest PC makers in the world to make devices smarter, greener, and more human friendly is why we continue to grow our PC business.”

Laila Danielsen, CEO of Elliptic Labs

AI Virtual Smart Sensor, AI Virtual Human Presence Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.

All other trademarks or service markets are the responsibility of their respective organizations.

Elliptic Labs’ AI Virtual Human Presence Sensor

Elliptic Labs’ AI Virtual Human Presence Sensor detects when a user is present in front of a PC/laptop system. This allows the device to sleep when a user is absent, conserving battery life and electricity and safeguarding it from unpermitted access. Human presence detection is becoming a core capability in the PC/laptop industry, but it is currently featured only in high-end devices due to the cost, risk, and design limitations associated with a dedicated hardware presence sensor. Elliptic Labs’ software-only AI Virtual Human Presence Sensor delivers robust human-presence detection that allows OEMs to easily and affordably incorporate human presence detection across a wide range of devices.

Source

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