FOR IMMEDIATE RELEASE
Gatekeeper Completes $2.49 Million in Purchase Orders in First Two Months of 3rd Quarter
Abbotsford, BC May 24th, 2016 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI; OTC: GKPRF; FSE: 1GK) is pleased to announce that it has completed delivery obligations on 110 purchase orders valued at C$2.49 million in the first two months of the fiscal third quarter which ends May 31, 2016.
Gatekeeper has seen an increased demand starting late in the first fiscal quarter for its high definition mobile video platform with AUTOWAKE™, a unique feature for controlling the power state of its mobile video devices from remote locations. The result has been record sales and a profitable second quarter.
3,655 cameras shipped in the in first two months of the third quarter 2016, already up 24% from 2,949 shipped the entire third quarter 2015. At 1,021 units shipped in the first two months of the quarter, high definition recording platform shipments are already 11% higher than the 919 shipped during the entire third quarter of 2015.
President and CEO Doug Dyment stated, “We are off to a fantastic start to our 3rd quarter. We have already exceeded last year’s quarterly sales result after just two months of the third quarter. We have completed shipments of $2.49 million to a diverse group of customers which shows strength in our sales funnel. We continue to attract new customers that are choosing our high definition platform as they transition their mobile video recorders to a high definition platform.”
About Gatekeeper Systems Inc.
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 video enforcement 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 listed on the TSX Venture Exchange under the symbol “GSI”, on the OTC Markets under the symbol “GKPRF”, and on the Frankfurt Stock Exchange under the symbol “1GK”.
For more information visit: www.gatekeeper-systems.com.
On behalf of the Board,
President & CEO
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.
2016-05-24 -NR – Gatekeeper Completes $2.49 Million in Purchase Orders in First Two Months of 3rd Quarter