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INVESTORS NEWS
FOR IMMEDIATE RELEASE
Gatekeeper Announces Notice of Award from Round Rock Independent School District
Abbotsford, BC October 7th, 2014 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI) is pleased to announce that it has received a notice of award (the “Contract”) from Round Rock Independent School District (“Round Rock ISD”), located in Texas, USA. The total Contract value is starting at a minimum of USD $194,000, with an option to extend the Contract for two additional one-year periods.
Gatekeeper will initially outfit 100 vehicles of Round Rock ISD’s fleet of 260 with the G304 DVR, equipped with AutoWake and a three-camera set-up. Gatekeeper will also be supplying the infrastructure for wireless capabilities throughout two of their fleet yards located in Round Rock and Austin, Texas. Subsequent to the initial purchase, Round Rock ISD intends to continue outfitting additional vehicles in their fleet, subject to their budgetary constraints, with the intention of outfitting their entire fleet over time.
Doug Dyment, President and CEO of Gatekeeper commented, “We are receiving increased interest for our wireless systems, which provide government agencies with the ability to stream live video or download incidents using our intelligent WiFi system. Many school districts require a proper infrastructure to ensure a problem-free video management program across their wireless network. We are pleased Round Rock ISD had the vision to put a proper infrastructure in place and we look forward to completing the first phase of this project.”
Dyment also added, “I anticipate significant growth in the school bus industry over the next three to five years as the market continues to shift to wireless networks, high-definition cameras, and school bus video enforcement – all important factors in the overall growth in this sector.”
About Gatekeeper Systems Inc.
Founded in 1997, Gatekeeper Systems is a leading provider of high-resolution video security and safety systems for mobile applications. Our industry-leading Incident Management Software synchronizes real-time video, mapping, audio and vehicle sensors to create a total picture of operations. With these technologies, clients can detect, analyze and respond to safety and security threats anytime.
The Company is headquartered in Abbotsford, British Columbia, Canada, and its shares are traded on the TSX Venture Exchange under the symbol “GSI”.
The Company is organized into two divisions:
Deep Development Corp. focuses on law enforcement, military and oil and gas markets – from helping to protect overseas troops flying AC130 Gunships and operating Navy or Coast Guard vessels in extreme environments, to securing potential threats in oil and gas environments. Deep Development’s post-mission analysis software is used to detect, analyze and respond to security threats.
Gatekeeper® mobile video division gives school bus managers tools to see 360 degrees in and around school buses and ensure the safety of the children they transport. These tools include multiple high-resolution color cameras that enhance safety inside the bus, and the Student Protector™ infrared license plate reading system. The Student Protector records the license plates of potentially deadly stop arm violators and issues tickets or citations for revenue sharing with the school district, county and Company. Gatekeeper’s transit bus surveillance system records up to 16 cameras in high resolution, allowing transit managers to view video live from buses or record evidence from all cameras.
For more information visit: www.gatekeeper-systems.com.
Neither 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.
Sincerely,
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Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may contain forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.
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2014-10-07 -NR – Gatekeeper Announces Notice of Award from Round Rock Independent School District