FOR IMMEDIATE RELEASE
Gatekeeper Announces Launch of Its XVAULTTM
Video Evidence Management Solution for Law Enforcement Body Cameras and Enters into Discussions with a Leading Software Solutions and Services Provider
- XVAULTTM Video Evidence Management Solution provides law enforcement agencies with a complete end-to-end solution with a focus on managing and storing data
- Creates a high margin Software-as-a-Service (SaaS) recurring revenue stream for Gatekeeper Systems
- Leading software solutions provider has annual revenues of approximately $3 billion and customer base of 800 law enforcement agencies across United States
Abbotsford, BC, July 6th, 2015 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI; OTC: GKPRF)) is pleased to announce the launch of its XVAULT™ Video Evidence Management System, designed as an enterprise platform software application capable of managing video from body-worn cameras and other mobile video systems, including police vehicles and aircraft, cell phones, security cameras and broadcast video.
The Company is also pleased to announce that it has recently entered into discussions with a leading software solutions and services provider, with annual revenues of approximately USD $3 billion, to create a combined product solution for its customer base of approximately 800 law enforcement agencies throughout the United States. In an effort to become a fully integrated security solution through the addition of its XFORCE™ end-to-end body camera and video evidence management system, Gatekeeper will continue to explore opportunities with large system integrators and other companies who provide enterprise management solutions. Shareholders will continue to be updated as appropriate.
President and CEO Doug Dyment stated, “Our expanding technology and product lines are attracting tier one software providers interested in integrating our complete end to end solution for HD body worn cameras including XVAULT video evidence management software to their customers. We are in late stages of discussions with a leading Computer Aided Dispatch (CAD) software company, currently servicing approximately 800 law enforcement agencies across the United States. The combined solution would provide a unique solution for managing body camera video while providing certain command and control functionality from dispatch software.”
Dyment also added, “The body camera market is brand new and Gatekeeper has taken a unique approach moving our product and software development strategy to an open end architecture allowing us to integrate with large software companies. We are projecting that our XVAULTTM Video Evidence Management System will be one of three significant growth areas for Gatekeeper including our new high-definition video security system sales to our core markets including law enforcement, military, transit and school buses, as well as Student Protector, automated video enforcement system for protecting children from stop arm violations when loading and unloading a school bus.”
The XVAULTTM Video Evidence Management System, which is included under the XFORCETM brand of products along with body-worn and in-car camera systems, provides a solution for securely storing and managing video from body cameras and will expand to include managing video from in-car police video systems, security cameras, cell phones and broadcast video. The XFORCE TM products are fully integrated to meet the surveillance needs of law enforcement agencies. The in-vehicle computer aided dispatch software system can wirelessly control body-worn cameras through stop/start recording and assigning smart-tag analytics for future search and retrieval. Other software systems can be integrated, including Police Records Management Systems, Command and Control software for Department of Homeland Security applications, or Enterprise solutions that interface with security cameras and other devices including video analytics and access control.
About Gatekeeper Systems Inc. (TSX.V: GSI; OTC: GKPRF)
Gatekeeper provides innovative, end-to-end video safety and security solutions for mobile applications including body cameras, in-car police video systems, school bus video and stop arm camera systems, transit bus video systems, and airborne digital recording systems for military applications.
The Company is headquartered in Abbotsford, British Columbia, Canada, and its shares are traded on the TSX Venture Exchange under the symbol “GSI” and on the OTC Markets under the symbol “GKPRF”.
For more information visit: www.gatekeeper-systems.com.
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.
President and Chief Executive Officer
Phone: 1 (888) 666-4833
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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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