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Regulatory press release

ELABS: Elliptic Labs Launches First Three TECNO Mobile Smartphones with TECNO CAMON 19, 19 Pro and 19 Pro 5G for Global Market

Elliptic Laboratories
Oslo, Norway -- Elliptic Labs (OSE: ELABS), a global AI software company and the
world leader in AI Virtual Smart SensorsTM, has launched its AI Virtual Proximity
SensorTM INNER BEAUTY® on its first set of smartphones with TECNO Mobile. This
launch covers three TECNO smartphones - the TECNO CAMON 19, CAMON 19 Pro 4G, and
CAMON 19 Pro 5G. Elliptic Labs' partner MediaTek has been chosen to drive these
phones, with the Helio G85 running the Camon 19, the Helio G96 running the Camon
19 Pro 4G, and the Dimensity 810 driving the Camon 19 Pro 5G. The contract for
this launch was announced earlier by Elliptic Labs.

"We continue to grow our smartphone business by launching our solid AI Virtual
Smart Sensor PlatformTM with a new customer and global smartphone OEM, TECNO
Mobile," said Laila Danielsen, CEO of Elliptic Labs. "This is the latest
demonstration from the market that our AI Virtual Smart Sensor Platform'sTM truly
does make devices smarter, greener, and more human-friendly."

Investor Relations: Lars Holmøy Lars.Holmoy@ellipticlabs.com
PR Contacts: Patrick Tsui pr@ellipticlabs.com

AI Virtual Proximity Sensor
Elliptic Labs' AI Virtual Proximity Sensor turns off the smartphone's display
and disables the screen's touch functionality when users hold the device up to
their ear during a phone call. Without that capability to detect proximity, a
user's ear or cheek could accidentally trigger unwanted actions during a call,
such as hanging up or dialing numbers while the call is ongoing. Turning off the
screen automatically also helps conserve battery life. Proximity detection is a
core capability that is used in all smartphones across today's market. Elliptic
Labs' AI Virtual Proximity Sensor 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 create Virtual Smart Sensors that deliver intuitive 3D gesture,
proximity, presence, breathing and heartbeat detection experiences. Its scalable
AI Virtual Smart Sensor PlatformTM 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 is listed on the Oslo Børs.
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.

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 markets are the responsibility of their
respective organizations.
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