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redline communications group (RDL) Snapshot

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07/21/14 - C$3.80
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redline communications group (RDL) Details

Redline Communications Group Inc. creates wireless networks for the various locations and mission-critical applications. It provides a range of outdoor wireless broadband systems for specialized point-to-point and point-to-multipoint applications, including high capacity backhaul, video surveillance, data acquisition, business access, and private networks. The company also offers a suite of professional services, including cell planning, deployment engineer, resident engineer, program management, and wireless network performance audit services. Its networks are used by oil and gas companies to manage onshore and offshore assets, by militaries for secure battlefield communications, by municipalities to remotely monitor infrastructure, and by telecom service providers to deliver services. The company markets and supports its products through a network of value added resellers in the Americas, the Middle East, and Africa. Redline Communications Group Inc. was founded in 1999 and is headquartered in Markham, Canada.

122 Employees
Last Reported Date: 03/13/14
Founded in 1999

redline communications group (RDL) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$298.7K
Chief Financial Officer
Total Annual Compensation: C$226.0K
Vice President of Development & Production
Total Annual Compensation: C$171.0K
Compensation as of Fiscal Year 2013.

redline communications group (RDL) Key Developments

Redline Communications Group Inc. Wins $3 Million Contract for a Wide Area Wireless System in Morocco

Redline Communications Group Inc. announced that it has received a $3 million order to supply wireless networking equipment to a major telecommunications service provider in Morocco. Responding to growing demand from its business customers for reliable, high speed communications, the company elected to upgrade their current network and expand nationally using wireless technology, giving them the ability to quickly roll out service to virtually any location. Redline will be providing its compact ultra-reliable carrier-grade wireless networking solution, Enterprise, to support this telecom service provider's business service. Redline's products allow them to deploy business-quality services with the speed and reliability of fiber optic networks, at a fraction of the cost and turn-up time. Redline's wireless Enterprise solution is simple and fast to set up, allowing service providers to deliver high-speed connectivity to business customers within hours. It delivers high reliability operation with industry leading mean-time-between-failure (MTBF) times and it's ability to operate in both point-to-point (PTP) and point-to-multi-point (PMP) links enables a single base station to connect to multiple distributed Enterprise units for cost effective scalability. Software upgradable and reconfigurable, it can be updated over the air for exceptional lifetime value. Redline will begin shipping product to this customer immediately and for the next four years.

Redline Communications Group Inc. Wins Expansion Contract for Digital Oilfield Wireless Network in Argentina

Redline Communications Group Inc. announced 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(TM) 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.

Redline Communications Group Inc. Receives $2.6 Million Contract

Redline Communications Group Inc. announced that it has received a $2.6 million 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. Redline's newest customer, will be implementing an advanced production monitoring and control system to make oil production more productive and efficient. They will use Redline's wireless network solution to provide the real-time connectivity that makes these bottom line benefits possible. Advanced process and control automation systems connect sensors at every well, making ongoing status updates on production available to people and systems at remote locations. It also brings the ability to remotely and in real-time change an increasing number of production parameters to optimize production rates almost instantly. This eliminates the need to send people into the field to physically check well sites for problems, in turn minimizing downtime and increasing operational safety. With the ability to change parameters at the well sites remotely over Redline's wireless network, operators can continually optimize production quickly and without adding additional costs. Redline makes oilfield automation possible by providing the network infrastructure needed to realize improved efficiency and productivity. Once fully deployed, a Redline network delivers a ubiquitous umbrella of connectivity, converting the field operation into a truly digital oilfield and bringing the operator real-time visibility and remote control of their production assets. Equally important, the Redline network has the capacity to grow with minimal additional costs as the oilfield grows. This translates into a cost-effective system for the long term. Redline couples powerful and reliable wireless technology with a deep knowledge of the oil and gas industry to deliver a single secure and reliable network infrastructure that is powerful enough to simultaneously accommodate the distances, capacity and the many application types required for the oilfield. This includes voice, video, SCADA, M2M, Wi-Fi and other data. With a proven track record that includes dozens of successful large scale digital oilfield installations, Redline, an ISNetworldTM member company, has deep expertise 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 along with ruggedized products to deliver a complete network solution that can operate effectively throughout the entire life cycle of an oilfield. Delivery of the Redline network is expected to begin in the first quarter of 2015 and be completed before the end of the year.


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Price/Sales 1.3x
Price/Book 1.7x
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