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TraceSafe (CSE:TSF) joins TELUS’ (TSX:T) procurement ecosystem

Market News, Technology
CSE:TSF
29 April 2021 16:00 (EDT)

TraceSafe (TSF) has joined TELUS’ (T) procurement ecosystem.

The company will offer contactless entry, location intelligence and proximity alerts as part of TELUS’ Enterprise Safe Return to Work Solution.

TELUS is seeking to reduce enterprise costs through TraceSafe devices’ year-long battery lives and high-capacity BLE beacons.

TraceSafe’s products have been offered on the TELUS IoT marketplace since late 2020.

Wayne Lloyd, TraceSafe’s CEO, commented, 

“TELUS has access to over 100,000 businesses across Canada who are exploring connected worker and digital transformation strategies. TraceSafe solutions will now be part of the procurement landscape, ensuring healthy workforces and a confident return to work.”

Andrew Turner, TELUS VP of Strategic Operations, added,

“Advancing our connected worker product offerings is a top priority for TELUS in the IoT space and we are seeing strong and growing demand from our customers for wearable health and safety technology.

TraceSafe’s innovative, globally-deployed solutions are an excellent complement to our current product offering in this space and their versatility aligns well with the demand we anticipate seeing in post-COVID verticals.”

TELUS is a communications and information technology company with 15.7 million customer connections spanning wireless, data, IP, voice, television, entertainment, video and security. 

TraceSafe offers a full suite of real-time location management services and contact-tracing solutions through Bluetooth and the cloud.

TELUS (T) share price is up by 0.53 per cent and is currently trading at $25.65 per share as of 2:49 pm ET.

TraceSafe (TSF) is down by 1.25 per cent and is currently trading at $0.79 per share as of 1:43 pm ET.

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