TraceSafe Wins IoT Award for IT Services at SBR TEA 2021

Vancouver, British Columbia--(Newsfile Corp. - April 28, 2021) - Tracesafe Inc. (CSE: TSF) ("TraceSafe") a global leader in wearable safety tech and connected workforce solutions, including large-scale venue management and asset tracking, is proud to announce that its solution won the loT Award for IT Services during Singapore Business Review's Technology Excellence Awards.

TraceSafe solution, SafeSite is a smart, safe and integrated worksite management system. Current best practice safety measures, such as mask-wearing, temperature measurement, and social distancing are imperative during the pandemic. However, lack of consistency can prevent these practices, resulting in health and workplace risks.

SafeSite solves this challenge through smart sensing. Leveraging its integrations with existing systems like resource planning, time & attendance, safety and project management, it automates health and safety protocols to ensure consistency in practice. For instance, its SirenTag is worn by every individual to allow employees to maintain the necessary social distancing protocols and safety measures at work. The solution provides the flexibility to change-of-work processes as needed, and helps worksites comply with the Safety Management Measures (SMM), CDC guidelines, and government regulations.

TraceSafe integrates an IR scanner to take each person's temperature, detect if a mask is on, and make sure that workers are fitted with the proper PPE attire. In addition to biometric authentication, necessary for workers to move within the authorized work zones, contact tracing and physical distancing alerts are delivered by the wearable technology through haptic, audible, and visual feedback.

TraceSafe's platform provides employers with customizable, multi-level contact tracing reports, which include site, zone, and length of interactions between workers. This data-driven approach enables companies to minimize any safety measure lapses and yet improve efficiency at the worksite. SafeSite solution also includes an application layer for work zone compliance, zone geofencing, asset tracking, and proximity alerts when too close to heavy machinery.

TraceSafe continues to innovate and co-develop solutions with industry players to provide greater peace of mind for truly holistic worksite safety. Aside from winning an SBR Technology Excellence Award, TraceSafe was recognized by Singapore Deputy Prime Minister and Finance Minister Heng Swee Keat while presenting Singapore's national budget for the financial year for 2021.

About TraceSafe

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's leading cloud management solution ensures both user privacy and comprehensive administrative control. TraceSafe's patented contact tracing bracelet has already been deployed in mission-critical quarantine applications around the world in partnership with leading governments. In addition to their government work, TraceSafe is developing leading-edge solutions for Enterprise, Healthcare, Education, Government, and large-scale venue management.

For further information, please contact:

Wayne Lloyd, CEO
+1 (604) 629-9975
wayne@tracesafe.io

Emily Graham, CFO
+1 (604) 356-8111
emily@tracesafe.io

The Canadian Securities Exchange has in no way approved or disapproved the contents of this news release.

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 scaling of the business of TraceSafe, TraceSafe's future growth and rate of future expansion, 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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