Gatekeeper Announces $250,000 PaaS Platform Contract, Factory-Installed
Abbotsford, BC – January 4, 2022 – Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSX-V: GSI) (OTC: GKPRF) (FSE: 1GK) a video and data solutions provider for public transportation and smart cities, is pleased to announce an approximate C$250,000 contract under the Company’s Platform-as-a-Service (PaaS) business model, to be factory-installed by IC Bus at their Tulsa, Oklahoma manufacturing facility.
The PaaS solution is centered around mobile data collectors that record and analyze video, audio, GPS location and data on the school bus, and becomes the on-board intelligence platform for future applications such as passenger counting, contact tracing and more. Interior cameras and exterior 360 degree viewing systems enable a safer transportation environment both inside and outside the school bus.
“Our PaaS business model continues to gain momentum, and we are delighted to have our solution selected for OEM factory installation. This contract also includes exterior 360 degree viewing systems to identify school children who are near the school bus or in the driver’s blind spot. Our cloud-based software application can also be added as a PaaS data layer to provide comprehensive safety management for the entire school bus fleet,” commented Doug Dyment, President and CEO. “As we enter 2022, I am very excited by the opportunity to advance our carefully designed offerings for the growing school bus and transit markets.”
School districts are rapidly embracing video and data solutions on school buses to help provide a safer transportation environment for school children. 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
President & CEO
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 year ended August 31, 2021. 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.