News

January 29, 2015

TORONTO – January 29, 2015 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of mission-critical wireless networks for the oil and gas industry, announced today that it has received a contract worth more than $1 million for the second phase of a wireless network to connect people and machines across an Argentinian oilfield. 

 This expansion order will double the size of the current network, which is already bringing a ubiquitous umbrella of connectivity, and which has converted the customer’s existing field operation into a truly digital oilfield. Redline’s wide-area wireless Virtual Fiber™ solution is the backbone that provides connectivity for a wide range of applications, including the remote monitoring of well heads and collection and separation facilities. The Redline network delivers the capacity to carry the operator’s voice, data and video traffic on a single backbone, giving employees and contractors access to corporate systems from anywhere, delivering real-time drilling applications, and providing machine-to-machine (M2M) connectivity for remote monitoring and management of assets. The ability to remotely and in real-time change parameters to optimize the rate of production at the well site increases uptime and optimizes production without adding additional costs.

  “This network expansion order was the direct result of our ability to demonstrate that our wireless solutions deliver real bottom line benefits to oil and gas operators,” states Louis Lambert, vice-president of oil and gas sales for Redline. “In a time of lower oil prices, efficiency gains are one of the biggest drivers of automation for oil and gas operators, and Redline delivers measurable results. We are seeing continued success with both new and existing oil and gas customers as they strive to reduce costs and increase production.”

 In addition to network products, Redline will provide a range of technical services, including radio frequency planning, network architecture development, network design and engineering. This second phase, which will improve productivity, efficiency and worker safety, is expected to be fully operational by the third quarter of 2015.

 With a proven track record that includes dozens of successful large-scale digital oilfields, Redline, an ISNetworld™ member company, is not only an expert in wireless mission-critical networks, but also in turnkey wireless network delivery for oil and gas, with purpose-built products and oilfield-ready HSE-certified professionals. Redline’s end-to-end solutions for oil and gas include planning, engineering and delivery services that combine with ruggedized products to deliver a complete network solution, which can operate effectively throughout the entire life cycle of an oilfield. 

 

About Redline Communications

Redline Communications (www.rdlcom.com) is the gold standard for industrial-wide area communications in oil and gas, with multi-purpose wireless networks that enable digital oilfields across the globe. Major producers worldwide rely on Redline to engineer, plan and deliver secure and reliable networks for their drilling and production, through M2M, voice, data and video communications that increase productivity. For more information, visit www.rdlcom.com.

 

# # #

 

Redline Contact 
Lynda Partner
Chief Communications Officer

+1-613-618-3200 

lpartner@rdlcom.com    

 

Twitter: @rdlcom
Press Kit: http://redline.mobilitypr.com

 

 

Forward Looking Statements

Certain statements in this release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws.  In some cases, forward-looking statements can be identified by terms such as “could”, “expect”, “may”, “will”, “anticipate”, “believe”, “intend”, “estimate”, “plan”, “potential”, “project” or other expressions concerning matters that are not historical facts.  Readers are cautioned not to place undue reliance upon any such forward-looking statements. 

Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management’s current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the “Assumptions”).  While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.

All trademarks are the property of their respective owners.

 

January 8, 2015
Redline today announced today that it has received a $2.6M contract for the first phase of a wireless network that is expected to bring cost-saving automation to hundreds of oil wells in an oilfield in the Middle East. Read more...

November 4, 2014
Redline today announced that it has received a $2.7 million contract to provide the first phase of a high speed wireless network for a local Argentina subsidiary of a “super-major” energy company. Read more...

November 3, 2014
Redline today announced unaudited operating results¹ for the three and nine months ended September 30, 2014. Read more...

October 30, 2014
Redline announced today that it has received a $1M contract for the first phase of a  wireless network that will connect people and machines across an entire oilfield in Argentina – improving productivity, efficiency and worker safety. Read more...

October 24, 2014
Redline will release financial results for its third quarter ended September 30, 2014 following the close of trading on the Toronto Stock Exchange November 3, 2014. Read more...

October 15, 2014
Redline today announced that it has received a contract to provide a high-speed wireless network for a digital oilfield owned and operated by a “super-major” oil company – one of the five largest publicly-owned global oil and gas companies. Read more...

October 2, 2014
Redline today announced that they have entered into an agreement with TrustPoint Innovation Technologies, Ltd. to incorporate TrustPoint’s mSecureTM SDK and corresponding digital certificates into the Redline Virtual Fiber™ product line. Read more...

September 9, 2014
Redline today announced that it has signed a definitive agreement to acquire the assets of PureWave Networks, a privately held wireless technology company located in Santa Clara, California, for a cash purchase price of $2 million. Read more...

August 12, 2014
Redline today announced unaudited operating results¹ for the three and six months ended June 30, 2014. Read more...

July 22, 2014
Redline will release financial results for its second quarter ended June 30, 2014 following the close of trading on the Toronto Stock Exchange August 12, 2014. Read more...

June 28, 2014
Redline announced that all of management's nominees listed in the management proxy circular of Redline Communications dated May 27, 2014, 2014 were elected as directors of Redline to hold office... Read more...

June 13, 2014
Redline announced today that it received approximately CDN $2.1 million in consideration from the exercise of previously issued warrants. Read more...

May 27, 2014
Redline announced that that Rob Soni has resigned as a member of the Company’s Board of Directors. Rob tendered a letter of resignation to the Company, which was accepted by the Board of Directors on May 27, 2014. Read more...

May 14, 2014
Redline announced that it has received a $1.6 million contract to deliver a marine communications network based on the recently announced RAS Extend Marine product. Read more...

May 12, 2014
Redline today announced unaudited operating results¹ for the three months ended March 31, 2014 (Q1 2014). Read more...

April 29, 2014
Redline today announced it has signed a significant contract with Hess Corporation, a leading global independent energy company engaged in the exploration and production of crude oil and natural gas, to provide wireless networks for its operations in the Bakken reserve area of North Dakota. Read more...

April 24, 2014
Redline will release financial results for its first quarter ended March 31, 2014 following the close of trading on the Toronto Stock Exchange May 12, 2014. Read more...

April 15, 2014
Redline announced that they have received a $1.7 million contract to power a wireless video surveillance network of more than 1,000 cameras in Mexico. Read more...

April 10, 2014
Redline announced two new specialized additions to its RAS series of high speed mobile wireless terminals – RAS-Extend Land Vehicle (LV), and RAS-Extend Marine. Read more...

March 13, 2014
Redline today announced operating results¹ for the three and twelve months ended December 31, 2013. Read more...

December 19, 2013
Redline announced the appointment of Nizar Jaffer Somji to its board of directors, replacing Skuli Mogensen who is leaving the board to focus on his role as CEO of WOW Air. Read more...

December 10, 2013
Redline announced today that its board of directors has appointed Robert Williams to chief executive officer (CEO) and director of the corporation. Williams has been serving as interim CEO since August 2013. Read more...

December 3, 2013
Redline today announced a reorganization of its sales group for better alignment with key vertical markets, and a streamlining of operational costs including a reduction in overall workforce. Read more...

November 15, 2013
Redline announced that its portfolio of Virtual Fiber™ rugged wireless broadband network systems has been selected by one of the 5 largest publicly-owned global oil and gas companies, collectively known as the “supermajors,” for its oilfield wide area networks. Read more...

November 14, 2013
Redline announced operating results for the three and nine months ended September 30, 2013. Read more...

November 6, 2013
Redline today announced the availability of Redline Transport Gateway (RTG) Connect, a new family of wireless networking products specifically designed to securely connect industrial SCADA systems. Read more...

November 1, 2013
Redline announced today that Eric Melka has resigned from the Company's Board of Directors. Read more...

October 29, 2013
Redline reports preliminary results for the third quarter ended September 30, 2013 and issued notice for its Q3 conference call date. Read more...

October 21, 2013
Redline today announced its wireless  broadband system for the sub-700 MHz frequency bands – the so-called television white space – has been certified by both the U.S. Federal Communications Commission (FCC) and Industry Canada. Read more...

October 11, 2013
Redline announced that Eric Melka, its chief executive officer currently on medical leave, has advised of his plan to leave the Company by February 2014. Mr. Melka will remain an active member of Redline’s board of directors. Read more...

September 25, 2013
Redline is pleased to announce that one of Redline’s first multi-million dollar oil and gas customers has awarded Redline a Managed Services contract for their network expansion needs for the next five years. Read more...

August 22, 2013
Redline has been named the Gold Winner in the 2013 Best in Biz International Awards for Comeback Company of the Year. Redline CEO Eric Melka was also recognized in the Executive of the Year category. Read more...

August 14, 2013
Redline Communications today announced operating results for the three months ended June 30, 2013 (Q2-2013). Read more...

August 8, 2013
Redline announces that, effective today, Eric Melka, the Company’s Chief Executive Officer, will take a short-term medical leave of absence to address a back injury that has not responded to treatment and is becoming more difficult to manage. Read more...

August 6, 2013
Redline will release financial results for the second quarter ended June 30, 2013 following the close of trading on the Toronto Stock Exchange August 14th, 2013. Read more...

July 30, 2013
Redline is pleased to announce that it has closed the previously announced private placement of an aggregate of 1,769,083 units at a price of $6.00 per Unit for total gross proceeds of $10,614,498. Read more...

July 9, 2013
Redline announces that it has entered into an agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and including Cormark Securities Inc., Stifel Nicolaus Canada Inc., Byron Capital Markets Ltd. and Canaccord Genuity Corp. Read more...

July 3, 2013
Redline is pleased to announce that each of the nominee directors proposed by management was elected as a director by show of hands. Read more...

June 21, 2013
Redline announced that management is proposing an additional nominee for election to the board of directors of the Company at the annual general meeting of shareholders to be held on June 26, 2013. Read more...

June 20, 2013
Redline today announces that it has executed two separate non-binding letters of intent to acquire businesses with specific expertise in wireless communications and integrated solutions based on wireless infrastructure. Read more...

June 13, 2013
Redline CEO Eric Melka explains the secret to Redline’s success on BNN, the Business News Network. Watch Now Read more...

June 11, 2013
Redline announced today that it has appointed Mario Belanger as chief operating officer. Read more...

May 28, 2013
Redline today announced their rugged wireless infrastructure system has been selected to provide connectivity to 500 power substations owned by an energy provider in the MENA (Middle East/North Africa) Region. Read more...

May 21, 2013
Redline today unveiled its White Space system, the industry’s fastest wireless  broadband solution for the 470-698 MHz band. Read more...

May 20, 2013
Redline today unveiled its Universal Wireless Transport™ platform (UWT™), the industry’s first and only wireless broadband network solution to operate on any frequency between 100 MHz and 6 GHz – in licensed, reserved and unlicensed bands. Read more...

May 15, 2013
Redline today announced operating results for the three months ended March 31, 2013. Read more...

April 30, 2013
Redline today announced that their rugged industrial wireless system was chosen to create a wireless infrastructure for a major oil producer in South America. Read more...

April 24, 2013
Redline today announced the company has once again been included in industry analyst Branham Group's listing of the Top 10 wireless solutions companies operating in Canada. Read more...

April 16, 2013
Redline today announced that it has received its largest contract to date for a wireless oilfield network installation. Read more...

March 27, 2013
Redline today announced operating results for the three and twelve month periods ended December 31, 2012. Read more...

March 7, 2013
Redline today announced changes to its executive management team and an expansion of its operations in the Middle East. Read more...

February 13, 2013
Redline today announced that their entire family of RDL-3000 wireless broadband systems now operates in the 3300-3800 MHz licensed band (known as 3.5 GHz), one of the licensed spectrum profiles used by telecom operators. Read more...

February 6, 2013
Redline announced today the company has won the annual BSI Group Award of Excellence in recognition of its commitment to quality and business excellence in all aspects of its operation. Read more...

January 30, 2013
Redline issues notice today that it will report financial results for its fourth quarter and year ended December 31, 2012 before market open on March 27, 2012. Read more...

January 28, 2013
Redline announced today that it will be participating with the Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, in an International Trade Mission to Nigeria and Ghana. Read more...

January 8, 2013
Redline announced today that it has now received an aggregate of approximately $11.96 million in consideration from the exercise of warrants issued as part of the Company’s private placement announced in April 2011. Read more...