Blackline announces stock option grant
January 26, 2012 Calgary, AB – Blackline GPS Corp. (TSX VENTURE: BLN) (“Blackline” or the “Company”) today announced that a total of 175,000 stock options have been granted to directors and officers of the Company at an exercise price of $1.30 per share and exercisable for a period of 5 years subject to regulatory review.
For further information please contact:
Cody Slater - CEO
101 1215 13th Street SE
Calgary, AB Canada T2G 3J4
About Blackline: Blackline GPS is a wireless location leader that develops, manufactures, and markets products and services for worker safety monitoring, covert tracking, and consumer applications. Blackline solutions deliver safety, security, and location awareness through innovative wireless hardware and custom user interfaces, including web, mobile, messaging, and API. Our mission is to become the leading supplier of wirelessly connected worker safety monitoring and covert tracking products in the world. Blackline products allow our 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.®
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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