CALGARY, Canada--(BUSINESS WIRE)--Blackline Safety Corp. (TSX.V: BLN), a global leader of hardware-enabled software as a service (SaaS) technology to industrial markets, today announced the Toronto Stock Exchange (TSX) granted final approval to list its common shares on the TSX when the market opens on Friday, June 11, 2021. Blackline’s common shares will commence trading on the TSX, under the ticker symbol BLN. Concurrently, Blackline common shares will be delisted from the TSX Venture Exchange.

The TSX graduation comes as Blackline experiences continued market adoption of its connected safety technology and cloud services, reporting 16 consecutive quarters of year-over-year quarterly revenue growth. The company recently ranked 321 on Deloitte’s Technology Fast 500™, establishing itself among North America’s fastest-growing tech organizations, with a 428% five-year revenue growth rate and continued international expansion.

“After a year of preparation, our Blackline leadership team is celebrating our graduation to the Toronto Stock Exchange by ringing the opening bell tomorrow morning,” said Cody Slater, CEO, Blackline Safety. “This is a significant milestone for the business that will increase our visibility and enhance investor liquidity. With a track record of growth in both recurring service and hardware revenue, Blackline is well-positioned to accelerate its global market expansion in the coming years. With a strong working capital position and zero debt, our new listing prepares us for future innovation in software, connected wearables and services.”

Founded in 2004, Blackline provides leading hardware-enabled SaaS safety and productivity-focused technology to enterprises in over 70 countries. Enabling high performance emergency response, evacuation management and efficiency workflows, Blackline combines cellular and satellite connectivity, location technology, a range of sensors, gas detection and data science. Collectively, these offerings advance safety performance and drive operational excellence across a broad range of industries, from utilities, construction and manufacturing to energy, renewables and many others.