Medium: TraceSafe Chosen By Fortune 500 Firm and Global Tier 1 Semiconductor Manufacturer for Wearable Safety Tech Solutions
Vancouver, British Columbia — (Newsfile Corp. — February 9, 2021) — Tracesafe Inc. (CSE: TSF) (“TraceSafe”) a global leader in wearable safety tech and connected workforce solutions, including large-scale venue management and asset tracking, announced today it has reached an agreement to supply a global Tier 1 semiconductor manufacturer with 60,000 wearable units to be used across their enterprise.
This order has the potential to be the biggest corporate wearables order in history and represents the next phase of TraceSafe’s product growth. For an order of this magnitude, TraceSafe has deployed its next generation of wearable products, which can be processed and paired within seconds. Comparable products on the market that use similar Bluetooth technology to pair contact tracing devices (bracelets, clips or badges) with smartphones typically take up to three minutes per device to pair.
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Statements in this news release may contain forward-looking statements that are based on TraceSafe’sexpectations, estimates and projections regarding its business and the economic environment in which itoperates, including with respect to expectations regarding the TraceSafe assets and their application,future business plans and relationships, future developments in respect of COVID-19 and solutions adoptedin response to the virus, and the deployment and acceptance of the TraceSafe technology. AlthoughTraceSafe believes the expectations expressed in such forward-looking statements are based onreasonable assumptions, such statements are not guarantees of future performance and involve risks anduncertainties that are difficult to control or predict, including the suitability of our products to helpbusinesses and governments reopen, competition, the spread or containment of COVID-19 andgovernment responses thereto and general economic and market conditions. Therefore, outcomes andresults may differ materially from those expressed in these forward-looking statements and readers shouldnot place undue reliance on such statements. These forward-looking statements speak only as of the dateon which they are made, and TraceSafe undertakes no obligation to update them publicly to reflect newinformation or the occurrence of future events or circumstances unless otherwise required to do so by law.
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