Gatekeeper Announces $9 Million Transit Video and Data Contract, Backlog Now $13 Million
Abbotsford, BC – September 14, 2023 – Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSX-V:GSI) (OTC:GKPRF) a video and data solutions provider for public transportation and smart cities, is pleased to announce that its wholly-owned subsidiary, Gatekeeper Systems USA Inc., located in Bristol, PA, has received a purchase contract for approximately US $6.7 million (approximately CAD $9 million) to provide video and wireless data technology for transit buses and trains relating to Southeastern Pennsylvania Transportation Authority (SEPTA). The Company intends to complete the majority of the contract during its first fiscal quarter ending November 30, 2023.
Doug Dyment, CEO of Gatekeeper, commented: “This contract is one of the largest contracts in our Company’s history and we are very pleased by the continued adoption of our video and data technology by one of the largest transit authorities in the United States. Gatekeeper is now starting its 2024 fiscal year with its strongest-ever backlog of contracted orders, which is presently approximately $13 million.”
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
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