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Gatekeeper Awarded $2.35M Annual SEPTA Contract Extension

Abbotsford, BC – July 7, 2022 – Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSX-V: GSI) (OTC: GKPRF) (FSE: 1GK) a leading provider of intelligent video solutions for public transport and smart cities, is pleased to announce that its wholly-owned subsidiary, Gatekeeper Systems USA Inc., located in Bristol, PA, has received a one-year contract extension for approximately US$1.8 million (approximately C$2.35 million) to provide annually recurring vehicle video system maintenance services for Southeastern Pennsylvania Transit Authority (“SEPTA”).

In October 2019, the Company announced the award of an initial three-year contract term beginning November 2019 for approximately C$7.1 million, plus two one-year extensions options, for a total potential contract value of up to approximately C$11.8 million over five years. The contract extension announced today represents the first of these two one-year extension options.

SEPTA is one of the largest transit systems in the United States, serving five counties in the Greater Philadelphia area and connecting to transit systems in Delaware and New Jersey. Its services include regional rail, buses, trolleys, subway and a high-speed line to western suburbs.

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

Contact Information:

Douglas Dyment

President & CEO

ddyment@gatekeeper-systems.com

(604) 864-6187

 

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 quarter ended February 28, 2022. 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.

 

TRANSIT

 

Bus
Rail
SCHOOL BUS

 

FIRST RESPONDERS

 

Police

Ambulance
TAXI

TRANSPORT

 
SERVICE & MAINTENANCE

G4 VIEWER PLUS

TRAINING & TUTORIALS

 

G4 Viewer Plus
G4 Viewer Plus – G4 Enterprise – Server Client

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 Camera

S32 AHD 1080p Camera
S370 Camera
TI252 IP v3 1080p Camera
TW202 IP v3 1080p Camera

CI960 IP v3 Camera

WA11 Wide Angle Camera

WA12 Wide Angle Camera

Video Display Mirror

Passenger Counting Sensor (PaC30)

ARTIFICIAL INTELLIGENCE

 

AI Dash Cam

EXTERIOR CAMERAS

 

Student Protector Camera System (SP25)

Student Protector Camera System (SP15)

Rear Vision System
TX242 IP v3 1080p Camera
TXM12 AHD Camera
TXM12 IP v3 Camera
TXM11 AHD Camera
TXM700 Camera

360° Surround Vision System (SV12 v3)

Video Display Mirror
HOSTED SOLUTIONS

 

Health Check

SCHOOL BUS STUDENT PROTECTOR

 
MOBILE DATA COLLECTORS (MDC™)

 

Y35 HD v3

Y35 v3

Y58 v3

508HD4a

Y724

Y816-R

Y816 v3

Locomotive Image and Audio Recording Devices

WIRELESS

 

Access Points
Mobile Wireless Module

Mobile Wi-Fi System – School Bus

Yard Guard
CLARITY™

 

ALE™ – AUTOMATED LANE ENFORCEMENT