Blackline Announces Stock Option Grant
May 30, 2013
CALGARY, ALBERTA–(Marketwired – May 30, 2013) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
Blackline GPS Corp. (TSX VENTURE:BLN) (“Blackline” or the “Company”) today announced that a total of 125,000 stock options have been granted to directors, officers, and insiders of the Company at an exercise price of $1.30 per share and exercisable for a period of 5 years subject to regulatory approval. These options are granted under the Company’s stock option plan as part of the Company’s annual compensation package.
About Blackline: Blackline GPS is a wireless location leader that develops, manufactures, and markets products and services for employee safety monitoring, tracking, and surveillance applications. Blackline solutions deliver safety, security, and location awareness through innovative wireless hardware and custom user interfaces, including web, mobile, messaging, and web services. Blackline’s vision is to become the leading supplier of wirelessly connected worker safety monitoring and business tracking products in the world. Blackline solutions allow customers to protect their personnel and valued assets, share the conditions of their environment, and connect with emergency services when necessary. Blackline solutions Protect. Share. Connect.®
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