Redline sells wireless terminals that provide TCP/IP transport for fixed, portable and full-motion terrestrial and seaborne deployments as well as software, tools and services.
Redline Communications’ products and technologies are used in a variety of markets and industries, including Oil and Gas, Military, Government and Telecom Service providers.
While Redline's value grew quickly in its earlier years, growth tapered off shortly after their 2007 IPO, with shares on the Toronto Stock Exchange falling from a 2007 high of $6.50 to under $0.30 by 2009.
[8] The case settled in Sept 2011 and in November 2011 the Ontario Superior Court approved the agreement of a $3.1 million payment by Redline Communications and $500,000 by KPMG, neither of which admitted liability.
[7] Eric Melka, formerly president of Redline shareholder Telemedia Inc., became the company’s permanent CEO in January 2011,[5] replacing the management team and reducing overall staff.