TraceSafe’s SafeSite Solution for Boustead Projects Wins Prestigious WSH Innovation Award 2022

July 7, 2022 - Vancouver, BC – TraceSafe Technologies Inc. (“TraceSafe”)(CSE: TSF) a global leader in location-aware Internet of Things (IoT) for large-scale industrial and enterprise operations, is proud to announce that their prestige partner, Boustead Projects E&C Pte Ltd (“Boustead Projects”), a pioneer in smart, eco-sustainable and future-ready developments in Singapore, has won the Workplace Safety and Health (WSH) InnovationAward 2022 for implementing SafeSite - TraceSafe’s innovative jobsite and worker safety solution. Presented by the Singapore Contractors AssociationLimited (“SCAL”), the WSH Innovation Award comes under the annual WSH Awards organised by the WSH Council and supported by the Ministry of Manpower, Singapore, which seeks to recognise organisations and individuals who have achieved excellence in workplace safety and health.

SafeSite uses an interconnected ecosystem of Bluetooth Low Energy (BLE) wearables, sirens and gateways that are powered by an advanced analytics dashboard and allow real-time worker visibility through integrated smart sensing. The solution helps construction site owners to access data analytics that are critical in tackling safety violations, bridges workers’ knowledge gaps at the worksite, and helps in shaping workers’ behavioral patterns to reduce safety risks with targeted training. SafeSite is designed with plug-and-play wearable devices and smart sensors with solar power charging panels that come with long battery lives and are highly suitable for construction sites.

“Since deploying SafeSite, we have seen improvements in workers’ compliance with health and safety protocols and have mitigated further site risks by uncovering unforeseen safety gaps using the system. The solution has helped to create a safer work environment by identifying risky blind spots at our job sites, thus minimising worksite dangers and accidents,” said Howard How, Director (Environmental, Health & Safety), Boustead Projects.

“We would like to congratulate Boustead Projects on winning this prestigious award and are proud to be their partners in the digital transformation journey,” said Jasling Ong, Managing Director-TraceSafe APAC. “Over the last two years, we’ve continued to see how businesses, and industries are using technology in new ways to address specific and emerging health and safety problems. SafeSite is a truly game-changing solution for industry leaders to avoid accidents and other safety risks at construction sites. The award is proof of the meaningful impact of our solution and motivates us to continue developing value-focused innovative solutions that can be executed at scale.”

TraceSafe’s solutions are built to solve safety and efficiency needs at construction jobsites of all scales and sizes.Some of the key safety features that are part of the SafeSite solution:

● Anti-entrapment alert

● Moving Machinery alert

● Road Construction Safety alert

● Barricaded Machinery alert

● Work Zone Monitoring alert

● Work Zone Compliance alert

● Red/Danger Zone alert

● Tunnel Construction Safety alert

About TraceSafe

TraceSafe provides Internet of Things (IoT) solutions transforming large-scale industrial and enterprise operations with unique wearables, industrial-grade sensors and award-winning analytics platform. The company’s hardware solutions, powered by advanced low-power bluetooth beacons, work together with its proprietary software to provide mission-critical data enabling safer, efficient and sustainable enterprise environments. With presence across North America, Asia and Europe, TraceSafe’s solutions are trusted by leading organizations in healthcare, hospitality, construction, events, education and government.

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Disclaimer

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Statements in this news release may contain forward-looking statements that are based on TraceSafe’s expectations, estimates and projections regarding its business and the economic environment in which it operates, 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 adopted in response to the virus, and the deployment and acceptance of the TraceSafe technology. Although TraceSafe believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict, including the suitability of our products to help businesses and governments reopen, competition, the spread or containment of COVID-19 and government responses thereto and general economic and market conditions. Therefore, outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and TraceSafe undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances unless otherwise required to do so by law.

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