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TraceSafe (CSE:TSF) recognized by Singapore’s Deputy Prime Minister

Technology
CSE:TSF
17 February 2021 13:45 (EDT)

TraceSafe Inc (TSF) was recognized by Singapore’s Deputy Prime Minister and Finance Minister, Heng Swee Keat while presenting the national budget.

TraceSafe Inc is a global leader in wearable safety tech and connected workforce solutions, including large-scale venue management and asset tracking.

According to Deputy Prime Minister Heng Swee Keat, the new national budget is structured to equip Singapore workers with deep and future-ready capabilities. Through the Open Innovation Platform, the Building and Construction Authority was matched with TraceSafe.

The Deputy PM said this partnership was created to develop solutions for the safe reopening of worksites.

“The firms developed real-time systems that helped construction site owners conduct contact tracing and health monitoring of their workers.”

TraceSafe CEO Wayne Lloyd said the company is proud to work alongside the Singaporean government and enterprise partners, as well as Deloitte, to support real-time systems for a connected worker ecosystem.

“By expanding our operations in Singapore we’re strategically positioned to assist enterprises and the government to build solutions that prioritize worker safety.”

In addition to Singapore, TraceSafe’s wearable safety technology is trusted by government agencies and enterprise partners worldwide, including Canada, Hong Kong, Brunei and the Cayman Islands.

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 Inc. is trading at C$1.75 per share at 1:45 pm EST.

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