The new system will seamlessly integrate into TraceSafe’s entire suite of products and services, providing customers with a platform that can centralize all of their IoT.

Wayne Lloyd, TraceSafe CEO, commented on the new system.

“IoT is shaping physical access control solutions, and we’re proud to be at the forefront of these innovations particularly as it relates to the hospitality industry,” he said.

Designed to be deployed in future major cruise lines, the access control system can be programmed to open doors and assign access wirelessly.

Device credentials can be activated and deactivated in real-time, over the air, presenting opportunities in enterprise, industry, government, transportation, healthcare, education, venue, and hospitality management.

“We have created multi-year technology agreements with our cruise ship customers,” added Mr. Lloyd, “and our ambition is to play a central role in helping all enterprises make their operations smarter, easier to manage, and more efficient.”

TraceSafe’s new products with access control will also be compatible with the ASSA ABLOY’s Electronic Access Control system, a global leader in access solutions.

TraceSafe is a full suite of real-time location management services and contact tracing solutions.

The company’s leading cloud management solution ensures both user privacy and comprehensive administrative control.

TraceSafe Inc. (TSF) is down 2.0 percent on the day, trading at $0.49 per share as of 9:41 am ET.