Reference is made to the stock exchange notice by Elliptic Laboratories AS
("Elliptic Labs" or the "Company") on 8 September 2021 on the initiated process
for a transfer of the Company's listing venue from Euronext Growth to Oslo Børs.
The Company has today submitted an application for listing of its shares on Oslo
Børs. 

Subject to Oslo Børs' approval of the Company's listing application, and the
satisfaction of any conditions the Oslo Børs may set, the Company expects that
the first day of trading of the Company's shares on Oslo Børs will take place
during the first half of March 2022.

This information is subject to the disclosure requirements pursuant to the
Euronext Growth Rule Book part II.

For further queries, please contact:
Lars Holmøy, CFO, Lars.Holmoy@ellipticlabs.com  

About Elliptic Laboratories:
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
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. It filed its
IPO with the Euronext Growth Market in October 2020. 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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