TraceSafe Inc.

TraceSafe Inc.

UTOLF
TraceSafe Inc.US flagOther OTC
0.06
USD
- -
- -
2.49MMarket Cap
TraceSafe Inc.
UTOLF
(Other OTC)

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Business
TraceSafe Inc (OTCQX: UTOLF; CSE: SHFT), a division of ShiftCarbon Inc, provides Internet of Things (IoT) platforms delivering real-time location services, safety wearables, and enterprise connectivity solutions; its core offerings include BLE wristlets with 3D accelerometers and gyroscopes for proximity monitoring, location analytics, health and safety tracking, contactless payments, and access control; Tablio touch-enabled devices for instant messaging, display ID, SOS functions, and guest experiences in hospitality and healthcare; LTE gateways for indoor/outdoor monitoring and secure data upload to cloud analytics platforms; as well as remote temperature monitoring, smart city sensors, asset tracking, and connected workforce tools optimized for industries including construction, energy, healthcare, events, venues, maritime, and enterprise operations. Founded in 2010 and headquartered in Vancouver, British Columbia, Canada, with additional offices in Toronto, Singapore, India, and the United States, TraceSafe serves global clients such as governments, Fortune 500 companies, TELUS, Boustead Projects, and major organizations in Asia-Pacific, North America, and Europe, focusing on operational safety, efficiency, and sustainability through customizable SaaS-integrated hardware. In December 2022, the parent company underwent a major name change from TraceSafe Inc to ShiftCarbon Inc with a ticker shift to SHFT, reflecting a strategic pivot toward decarbonization while retaining the TraceSafe brand for IoT revenue generation; recent developments include financing for carbon management product launches, partnerships like with Atmosic Technologies for enhanced battery life in wearables, large-scale orders from Southeast Asian conglomerates, and expansions into energy monitoring and carbon credit integration to support net-zero goals.

Company News

APIChat
  • Tracesafe formally changes name to ShiftCarbon Inc with CSE ticker symbol SHFT

  • ShiftCarbon, formerly TraceSafe, completes second and final tranche of oversubscribed non-brokered private placement for gross proceeds of $190,000

  • Tracesafe announces corporate name change to ShiftCarbon; effective date to be announced in the near future

  • Tracesafe enters non-brokered private placement to raise up to $650,000

  • TraceSafe joins Climate Chain Coalition; issues shares to settle debt

  • TraceSafe partners with Green Marine to strengthen decarbonization offerings for marine industry

  • TraceSafe enters into IoT wearables partnership with Saudi Arabia's solutions by stc

  • TraceSafe launches carbon credit fractionalization through its ShiftCarbon platform

  • Tracesafe announces non-brokered private placement for aggregate gross proceeds of up to $500,000

  • TraceSafe launches carbon management platform ShiftCarbon

  • TraceSafe Technologies rolls out novel carbon emissions calculator as globe races to 'net zero'

  • TraceSafe acquires carbon offset marketplace Offsety

  • TraceSafe Technologies congratulates partner Boustead Projects for winning Singapore's prestigious workplace safety and health award

  • TraceSafe says its smart building solution wins prestigious IoT Award in Real Estate at Singapore technology excellence award

  • TraceSafe Inc reports sharp surge in 1Q gross profit

  • TraceSafe announces record year in 2021 with annual revenue of US$13M

  • TraceSafe saysit is to provide safety technology at AFSCME convention in July

  • TraceSafe debuts new contactless access control system for the cruise industry