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MarketScreener Homepage  >  Equities  >  TSX VENTURE EXCHANGE  >  Blackline Safety Corp.    BLN   CA0923821007

BLACKLINE SAFETY CORP.

(BLN)
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Blackline Safety : Enhances G7c Cloud-Connected Safety Wearables With 4G

11/19/2020 | 09:18am EST

G7c devices now connect directly to the Blackline Cloud using 4G wireless, supported by the industry’s largest global network for connected safety

Blackline Safety Corp. (TSX.V: BLN), a global leader of gas detection and connected safety solutions, announced today that it has expanded its G7c gas detection and safety monitors to include 4G connectivity, enabling its devices to operate on 350+ mobile networks across 100+ countries. G7c wearables use a combination of wireless communications, multiple sensors and location technology to automatically detect safety and health incidents, including falls, lack of movement, exposure to environmental gases and close proximity to other employees.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201119005475/en/

Blackline Safety adds 4G wireless capability to G7c cloud-connected safety wearables (Photo: Business Wire)

Blackline Safety adds 4G wireless capability to G7c cloud-connected safety wearables (Photo: Business Wire)

To provide optimum compatibility with wireless networks on a global scale, G7c wearables now combine 4G with 3G or 2G connectivity that continues to be offered by many network providers around the world. Blackline clients further benefit from multi-carrier coverage in most countries, yielding a super-footprint comprised of two or more wireless networks, including across the United States, Canada, the United Kingdom and most European countries.

“Every day, tens of thousands of workers around the world trust Blackline Safety and our G7 cloud-connected wearables to help keep them safe in the field and throughout facilities,” said Barry Moore, VP Product Development at Blackline Safety. “Equipped with 4G connectivity, G7c devices now feature additional bandwidth to support new and innovative capabilities that we’ll offer in the future. Combined with the industry’s largest global coverage footprint, Blackline is uniquely positioned to help businesses enhance the sustainability and safety of their operations, ensuring that workers return home at the end of the day.”

Blackline’s updated G7c wearable featuring 4G technology from u-blox (SIX: UBXN), a partner and global leader in wireless communications and positioning technologies based in Thalwil, Switzerland. With the support of u-blox, G7c devices now offer greater network compatibility, a larger global coverage footprint, significantly faster data speeds and industry-leading assisted GPS location technology.

“Our collaboration with Blackline Safety demonstrates that our technology is reliable in the most critical environments around the world,” said Randy Walston, Regional Sales Director at u-blox. “With our technology, the workers that Blackline Safety helps protect will be connected at all times, enabling organizations to advance their digital transformation and expand their operations, all while knowing their people will remain safe.”

To improve safety, efficiency and quality, many businesses are transforming digitally, taking advantage of connectivity and data throughout their worksites and operations. Featuring advanced 4G technology, G7c becomes a digital hub at the heart of businesses’ digital transformations, empowering 24/7 live monitoring, emergency response and evacuation management, two-way communications, connected gas detection and push-to-talk.

Learn more about Blackline Safety’s 4G-equipped G7c device by visiting www.blacklinesafety.com/g7c-wireless-gas-detector.

About u-blox: u‑blox (SIX:UBXN) is a global technology leader in positioning and wireless communication in automotive, industrial, and consumer markets. Their smart and reliable solutions, services and products let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and secure data services and connectivity, u‑blox is uniquely positioned to empower its customers to develop innovative and reliable solutions for the Internet of Things, quickly and cost‑effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA. www.u-blox.com

About Blackline Safety: Blackline Safety is a global connected safety leader that helps to ensure every worker gets their job done and returns home safe each day. Blackline provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of men and women, having reported over 100 billion data-points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, we ensure that help is never too far away. For more information, visit BlacklineSafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.


© Business Wire 2020
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Financials
Sales 2020 36,7 M 29,0 M 29,0 M
Net income 2020 - - -
Net Debt 2020 - - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 439 M 347 M 347 M
Capi. / Sales 2020 12,0x
Capi. / Sales 2021 6,59x
Nbr of Employees 16
Free-Float 69,3%
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 9,17 CAD
Last Close Price 8,09 CAD
Spread / Highest target 23,6%
Spread / Average Target 13,3%
Spread / Lowest Target -7,29%
Managers and Directors
NameTitle
Cody Z. Slater Chairman & Chief Executive Officer
Kevin Meyers Chief Operating Officer
Shane Grennan Chief Financial Officer
Brendon Cook Chief Technology & Partnership Officer
Michael F. Hayduk Independent Director
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