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TraceSafe Partners with Atmosic Technologies to Extend Battery Life and Connectivity Range in its Contact Tracing Wristbands

July 15, 2020: Tortola, British Virgin Islands – TraceSafe Inc. (“Tracesafe”) (CSE: TSF) a global leader in wearable safety tech, including contact tracing and self-quarantine management, today announced it will include Atmosic Technologies’ cutting-edge Bluetooth 5.0-based M2 system-on-chip (SoC) solution in its AllSafe wristbands to enable reliable device-to-device connectivity for contact tracing.

Atmosic’s M2 solution will equip TraceSafe’s leading AllSafe wristbands with long-range connectivity of up to 100 meters and a “forever” battery life that includes ultra-low power consumption, providing more than twice the battery lifespan of competitive solutions. Extended battery life will reduce or even eliminate the need for recharging or replacing batteries. The wristbands will also enable reliable device-to-device connectivity for contact tracing.

Businesses and organizations — ranging from sports teams, construction sites to private companies and more — that are interested in flattening the curve of Covid-19 will have access to TraceSafe’s effective, low-cost contact tracing wristbands incorporated with Atmosic’s leading M2 solution. Its solutions can be integrated into other wearables and sensor-based devices to advance health and safety, while enabling businesses to move toward a new state of normalcy.

Executive Quotes

“We are pleased our AllSafe system will play an important role in helping businesses privately track and notify anyone wearing our wristband who may have come into close contact with an attendee later diagnosed with COVID-19,” said Dennis Kwan, CEO of TraceSafe Technologies Inc. “Our AllSafe system is a complete, device-to-cloud product that gives businesses the turn-key solution they need to help ensure the safety of their customers during this critical time.”

“As businesses and venue managers grapple with the challenges of COVID-19, the Atmosic team is committed to working with a wide array of customers looking to deliver products that enable contact tracing, including wearables, sensors and hubs. These are products where our 'forever battery' connectivity can make a big difference in improving the user experience and reducing management’s maintenance and cost overhead,” said David Su, CEO, Atmosic Technologies.

About TraceSafe

TraceSafe is a full suite of real-time location management services and contact tracing solutions enabled through advanced low power bluetooth beacons and enterprise cloud management. TraceSafe’s leading cloud management solution ensures both user privacy and comprehensive administrative control. TraceSafe’s patented contact tracing bracelet has already been deployed in mission critical quarantine applications around the world in partnership with leading governments. In addition to their government work, TraceSafe is developing leading edge solutions for Enterprise, Healthcare, and large-scale venue management.

For further information, please contact:

Wayne Lloyd, CEO

+1 604 629-9975

wayne@tracesafe.io

Alan Tam, CFO

+1 604 377-7575

alantamca@gmail.com

Disclaimer

The Canadian Securities Exchange has in no way approved or disapproved the contents of this newsrelease.

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.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
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