15:32:44 EDT Tue 14 May 2024
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Blackline Safety Corp
Symbol BLN
Shares Issued 72,722,641
Close 2024-02-07 C$ 4.05
Market Cap C$ 294,526,696
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Blackline wins $2.7M contract with U.S. energy company

2024-02-08 13:19 ET - News Release

Mr. Sean Stinson reports

BLACKLINE SAFETY UNSEATS COMPETITION TO WIN $2.7 MILLION DEAL WITH MAJOR U.S. ENERGY COMPANY

Blackline Safety Corp. has won a four-year contract valued at $2.7-million with a major U.S. upstream energy company headquartered in Houston, Tex.

The company selected Blackline to provide over 800 G7c cloud-connected wearable safety devices, 40 EXO cloud-connected area monitors and 75 G7 Docks. This new fleet marks a shift away from a competitor's products, which the company had used for 30 years.

The decision to upgrade was driven by the company's dedication to safety and need to better protect its workers -- especially those working alone -- by ensuring consistent, reliable cellular coverage across a vast geographic area. Ultimately, Blackline's features such as SOS latch, fall and no-motion detection, push to talk, and real-time connectivity sealed the deal.

"The customer evaluated Blackline's connected safety devices in comparison to products from their long-term supplier. It took less than a week for G7c to stand out for its broad connectivity range, and the ability to see where their lone workers might be in imminent danger so they can make sure their people are safe," said Sean Stinson, president and chief growth officer, Blackline Safety.

"The company was also impressed with the EXO area monitor's ability to monitor rigs, tank batteries and well sites during repair and maintenance operations. With no power, Wi-Fi or infrastructure requirements, EXO's drop-and-go set-up is exactly what they were looking for," Mr. Stinson added.

Blackline's award-winning G7 personal gas detectors and EXO area gas monitors -- built for extreme conditions, with location-enabled technology -- provide layers of protection to ensure a critical lifeline during an emergency. G7 Dock is Blackline's simple solution to calibrating, bump testing and charging G7 devices without any complicated ethernet or Wi-Fi connection requirements.

This new deal provides protection for over 800 workers so they have the confidence to do their job and get home safe at the end of their day. The multiyear contract demonstrates that companies are looking for reliable, all-in-one connected safety solutions for lone workers, gas detection and area monitoring to better protect their workers.

"We unseat the competition because Blackline products set the standard for the safest lone worker solution on the market," Mr. Stinson noted. "We've innovated a stagnant industry and elevated the bar to keep workers safer than they have ever been."

About Blackline Safety Corp.

Blackline Safety is a technology leader driving innovation in the industrial work force through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive toward zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software, and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with coverage in more than 100 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 225 billion data points and initiated over seven million emergency alerts.

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