Blackline Safety Secures Three Energy Industry Deals for Lifetime Value of Over $10 Million
August 02 2022 - 9:17AM
Business Wire
Includes largest US-based order of satellite solution to
date
Blackline Safety Corp. (TSX: BLN), a global leader in connected
safety technology, today announced the close of three deals with
leading North American energy companies. They have a combined value
of over $10 million based on their five-year lifetime product and
services value.
The largest deal—with a lifetime value of almost $7 million—saw
a Texas-based oil and gas company purchase G7x wearables, supported
by G7 Bridge portable satellite base stations, for connected gas
detection and lone worker protection. This is a new customer for
Blackline Safety, validating the increased market penetration of
its products and services.
The other two deals represent new business with current energy
customers, each with a five-year lifetime value of approximately $2
million. The first involves the purchase of G7x satellite connected
wearables with G7 Bridge base stations and the second includes a
combination of G7c cellular wearables and G7x wearables with
satellite bridge—all support both connected gas detection and lone
worker protection.
The 1,200+ purchased devices across the three companies will
include 24/7 live monitoring by Blackline Safety’s Safety
Operations Centre (SOC). Blackline’s SOC is the only in-house
safety monitoring service operated by a connected vendor—providing
round-the-clock safety for tens of thousands of workers.
“These deals demonstrate the positive impact of the ongoing
rebound in the North American energy industry delivering strong
growth across this sector for Blackline. Customers in this market
see the enduring value of our all-in-one solution to meet the
diverse safety needs of workers in an industry increasingly moving
toward connected solutions to transform their operations,” said
Sean Stinson, Chief Growth Officer, Blackline Safety.
“No other competitive solution offers this combined level of
connectivity, gas detection, and live monitoring, which is
especially relevant to protect workers in the oil and gas industry
who can work in remote areas where connectivity is low. These
attributes are what enhance the stickiness of our solution and key
to the reason we deliver a 100%+ customer retention rate.”
Blackline’s G7 lone worker and personal gas detection devices
are robust and intelligent connected wearables that accurately
detect gas hazards, instantly notifying both workers and managers
in real time and enabling corrective action to be taken to mitigate
future incidents. Supported by Blackline’s professional 24/7 live
monitoring service, they ensure maximum worker protection with
automated safety incident and health event monitoring, including
features such as no-motion and fall detection, and missed
check-ins.
About Blackline Safety
Blackline Safety is a technology leader driving innovation in
the industrial workforce through IoT. With connected safety devices
and predictive analytics, Blackline enables companies to drive
towards 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 180 billion
data-points and initiated over five million emergency responses.
For more information, visit BlacklineSafety.com and connect with us
on Facebook, Twitter, LinkedIn and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20220802005499/en/
MEDIA
Matt Glover or Jeff Grampp, CFA Gateway Group, Inc.
BLN@GatewayIR.com +1 949 574 3860
Cherine Hlady Manager Communications, Blackline Safety
chlady@blacklinesafety.com Telephone: +1 403 999 7820
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