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INVESTORS NEWS

FOR IMMEDIATE RELEASE

Gatekeeper Systems Announces Private Placement

Abbotsford, BC February 2, 2015 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI) announces a non-brokered private placement offering (the “Offering”) of up to 2,000,000 units (the “Units”) at a price of $0.15 per Unit for gross proceeds of up to $300,000, subject to TSX Venture Exchange approval.  Each Unit will consist of one common share and one-half share purchase warrant (the “Warrant”), each full Warrant is exercisable at $0.25 for a period of 24 months from the date of closing. 

The Company has today closed a first tranche of 1,250,000 Units for gross proceeds of $187,500.  Finder’s fees paid in connection with the first tranche total $10,170 in cash, plus 67,800 finder’s warrants to acquire common shares on the same terms as the warrants issued to subscribers.  Securities issued pursuant to the first tranche are subject to a hold period and may not be traded until June 3, 2015.

Proceeds of the Offering will be used to fulfill the Company’s current backlog of orders, support inventory, and for general working capital. Finder’s fees may be payable on subsequent tranches of the Offering.

Certain directors and officers of the Company may acquire securities under subsequent tranches of the private placement.  Any such participation would be considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”).  The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any shares issued to or the consideration paid by such persons will exceed 25% of the Company’s market capitalization.

About Gatekeeper Systems Inc.

Founded in 1997, Gatekeeper Systems has provided total mobile video security solutions to over 3,500 customers and has installations in every state and province in North America. Customers include school districts, public transit, law enforcement and military. 

For more information visit: www.gatekeeper-systems.com

On behalf of the Board,
 
Douglas Dyment
President and Chief Executive Officer
Phone: 1 (888) 666-4833
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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2015-02-02 NR – Gatekeeper Systems Announces Private Placement_v3pdf.pdf

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.

Cautionary Note Regarding Forward-Looking Statements: This release contains forward-looking statements, including statements regarding the possible completion of a non-brokered private placement and the intended use of proceeds from the Offering. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company is able to obtain any required government or other regulatory approvals to complete the Company’s planned private placement and operations and that the Company is able to complete the Offering. However, the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such uncertainties and risks may include, among others, that the Offering will not complete, actual results of the Company’s operations being different than those expected by management and delays in obtaining or failure to obtain required government or other regulatory approvals or financing. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

TRANSIT

 

Bus
Rail
SCHOOL BUS

 

FIRST RESPONDERS

 

Police

Ambulance
TAXI

TRANSPORT

 
SERVICE & MAINTENANCE

TRAINING & TUTORIALS

 

G4 Viewer Plus
G4 Viewer Plus – G4 Enterprise – Server Client
MaxLOCATE
LEGACY SUPPORT

 
PRESS & MEDIA

 

Press Releases
Media
CORPORATE

 

Why Gatekeeper?
Stock Information
Financial Reports
Transfer Agent
TEAM

 
INTERIOR CAMERAS

 

TXMW12 IP v3 Camera
MD11 AHD Day / Night Camera
MX12 Camera
S31 AHD 720p Camera
S31 IP v3 Camera
S32 IP v3
S32 AHD 1080p Camera
S370 Camera
TI252 IP v3 1080p Camera
TW202 IP v3 1080p Camera
WA11 Wide Angle Camera
Video Display Mirror
Passenger Counting Sensor (PaC30)
G4 VISION

 

CLARITY™

 

EXTERIOR CAMERAS

 

Student Protector Camera System (SP25)
Rear Vision System
TX242 IP v3 1080p Camera
TXM12 AHD Camera
TXM12 IP v3 Camera
TXM11 AHD Camera
TXM700 Camera
W21 AHD 720p Camera
360° Surround Vision System (SV12)
Video Display Mirror
ALE™ - AUTOMATED LANE ENFORCEMENT

 

SCHOOL BUS STUDENT PROTECTOR

 
DVR RECORDERS

 

Y35 HD v3
Y35 v3
Y58
508HD4a
Y724
Y816-R
WIRELESS

 

Health Check
Access Points
Mobile Wireless Module
Mobile Wifi System – School Bus
Yard Guard
ITSS™ - INTELLIGENT TEMPERATURE SENSING SYSTEM