Gatekeeper Announces School Bus Video Subscriptions Contract in Nevada

Rhea-AI Summary

Gatekeeper Systems Inc. (GKPRF) has secured a contract with a Nevada school district valued at US$523,000 plus monthly-recurring subscriptions. The contract involves equipping school buses with comprehensive video solutions including Student Protector stop arm video, forward facing driver video, interior video, passenger boarding video, and Mobile Data Collectors. The district will also subscribe to Gatekeeper's video management software services for analysis and storage.

Notably, the company has experienced significant growth in its software subscriptions, with school bus subscriptions increasing from 300 to over 3,500 in the past year. The contract demonstrates growing market adoption of Gatekeeper's AI-based video management software solutions, which enable real-time, full-fleet video analysis for school buses.

Positive

• Contract value of US$523,000 plus recurring monthly subscriptions secured
• Significant growth in software subscriptions from 300 to over 3,500 buses in one year
• Expansion into Nevada market with comprehensive video solution implementation

Negative

• None.

Abbotsford, British Columbia--(Newsfile Corp. - May 12, 2025) - Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) ("Gatekeeper" or the "Company"), a leader in intelligent video and data solutions for public transportation and smart cities, is pleased to announce a contract award with a school district in Nevada.

Under the contract, school buses will be equipped with Student Protector stop arm video, forward facing driver video, interior video, passenger boarding video and Mobile Data Collectors. The school district will also subscribe to the Company's video management software services for video analysis and storage. The contract is valued at approximately US$523,000 plus monthly-recurring subscriptions.

Doug Dyment, Gatekeeper's President and CEO commented, "This contract is a good example of how our per-bus per-month video management software subscriptions are gaining traction with school districts. Customers are embracing our AI-based video management software solutions which offer the ability to analyze school bus video on a real-time, full-fleet basis. We are very pleased that the number of school bus subscriptions of our monthly-recurring software applications has grow from approximately 300 to more than 3,500 over the past year."

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, and Mobile Data Collectors to interconnect public transportation assets within a Smart City ecosystem. The Company's Platform-as-a-Service (PaaS) business model is centered around wirelessly enabled Mobile Data Collectors which forms the foundation of the Company's data company evolution. 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 period ended February 28, 2025. 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 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251653

FAQ

What is the value of Gatekeeper Systems' (GKPRF) Nevada school district contract?

The contract is valued at US$523,000 plus additional monthly-recurring subscriptions for video management software services.

How many school bus subscriptions does Gatekeeper Systems (GKPRF) currently have?

Gatekeeper Systems has grown its school bus subscriptions from approximately 300 to more than 3,500 over the past year.

What video solutions will Gatekeeper Systems (GKPRF) provide to the Nevada school district?

The company will provide Student Protector stop arm video, forward facing driver video, interior video, passenger boarding video, Mobile Data Collectors, and video management software services.

How has Gatekeeper's (GKPRF) school bus subscription service grown in the past year?

Gatekeeper's school bus subscriptions have grown significantly, increasing from approximately 300 to more than 3,500 over the past year.