Our Bond, Inc. (NASDAQ: OBAI), the creator of the world’s first AI-powered Preventative Personal Security platform adopted by leading multinational companies, today announced the geographic expansion of its deployment with one of the world’s largest companies into Mexico.
The expansion builds on Bond’s existing relationship with the customer and extends preventative personal security coverage to employee populations in Latin America. The Company expects both US and international rollout with this customer to continue to expand over time, potentially reaching over $2 million in revenue per year.
The expansion into Mexico is another example of Bond’s unique technology and business model enabling corporations to gradually expand the number of employees who are protected by Bond, domestically, internationally, across roles and rank, with the vision of eventual full workforce coverage. While traditional security companies offer guards to protect buildings, and bodyguards to protect executives, Bond created a new technology and operating model that for the first time makes it possible to effectively and affordably protect all employees, anywhere, any time.
Bond’s platform has been proven to be effective in saving lives and enhancing peace of mind globally, offering preventative, proactive, real-time personal security which is able to detect risks, check on the status of end users, guide them, deter threats, and orchestrate first responders and other physical forces in emergencies.
OBAI shares were unchanged to begin trading Wednesday at $1.69.