05:22:10 EDT Tue 22 Oct 2024
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Blackline Safety Corp
Symbol BLN
Shares Issued 81,626,170
Close 2024-07-10 C$ 4.40
Market Cap C$ 359,155,148
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Blackline enters $1.9M deal with South African company

2024-07-10 16:29 ET - News Release

Mr. Peter Attalla reports

BLACKLINE SAFETY SECURES LARGEST DEAL IN COMPANY'S MEA REGION AT $1.9 MILLION

Blackline Safety Corp. has secured a $1.9-million deal with a South African energy company.

The deal is the largest in Blackline's Middle East and Africa region (rest of world segment) and marks the company's first significant contract in Africa. The energy company purchased approximately 500 G7c devices for its plant workers and almost 500 G6 devices to protect its contractors while they are on site. The company also purchased G7 and G6 docks, Blackline's simple solution to calibrating, bump testing and charging its wearable devices.

The customer standardized on Blackline devices across its entire organization. The deal demonstrates a growing trend as companies are increasingly understanding the depth of the Blackline platform to drive value across their operations, displacing a variety of legacy products.

"We're pleased that the company has selected Blackline's products and services," said Peter Attalla, Blackline vice-president of international sales. "By the end of our first demo, the company realized that by choosing Blackline, they will get industry-leading connected safety technology across their operation while greatly simplifying their service providers and device management."

The award-winning wearable G7 with features such as multigas detection, SOS latch, fall and no motion detection, two-way voice, and real-time connectivity provides a critical lifeline in case of emergency. The award-winning G6 wearable single gas detector features real-time connectivity and an emergency SOS button. Both devices enable companies to take quick and informed action during an incident to better protect their people.

About Blackline Safety Corp.

Blackline is a technology leader driving innovation in the industrial work force through 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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