Gatekeeper Announces $1.9 Million Contract with School District in Florida
Abbotsford, BC – TheNewswire - November 17, 2022 - Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSXV:GSI) (OTC:GKPRF), a video and data solutions provider for public transportation and smart cities, announces that the Company has been contracted by a school district in Florida to upgrade its entire school bus fleet to Gatekeeper’s new school bus offerings. The fleet will be equipped with mobile data collectors, 360 Surround Vision System, and interior video. The school district has been an existing Gatekeeper customer and this contract for approximately CAD $1.9 million (US $1.4 million) represents a full-fleet upgrade.
“Our 360 Surround Vision System provides a surround view of the school bus that is displayed on a specialized rear-view mirror allowing the driver to monitor school children anywhere around the bus. Protecting school children when near school buses is of paramount importance for school districts and this innovative solution is attracting interest from our customers,” commented Doug Dyment, President and CEO of Gatekeeper.
For information on Gatekeeper’s Surround Vision System and suite of school bus video and data solutions visit: www.gatekeeper-systems.com/markets/school-bus/.
Gatekeeper has installed approximately 40,000 intelligent mobile data collectors and 100,000 video devices on school buses, for over 3,500 school district customers.
About Gatekeeper Systems Inc.
Gatekeeper is a leading provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The Company uses AI, video analytics, thermal cameras, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems in a Smart City ecosystem. The Company’s Platform-as-a-Service (PaaS) business model is an enabling transformation to a video and data solutions provider for intelligent transit and Smart Cities. www.gatekeeper-systems.com
Cautionary Note Regarding Forward-Looking Statements: Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize, and readers are cautioned not to place undue reliance on these forward-looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis for the quarter ended May 31, 2022. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management's current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law.
Neither the 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.