14:49:07 EST Fri 16 Nov 2018
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Gatekeeper Systems Inc
Symbol C : GSI
Shares Issued 87,597,145
Close 2018-07-11 C$ 0.12
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Gatekeeper wins $1.5M (U.S.) contract with Midwest

2018-07-12 10:36 ET - News Release

Mr. Douglas Dyment reports

MIDWEST TRANSIT EQUIPMENT INC. CHOOSES GATEKEEPER WITH $1.5M USD CONTRACT AWARD

Midwest Transit Inc. (MTE) of Kankakee, Ill., has chosen Gatekeeper Systems Inc. to supply a minimum of $1.5-million (U.S.) of mobile video system products and services. The contract is for the 18-month period from July 1, 2018, to Dec. 31, 2019, and represents a commitment by MTE to specify and recommend Gatekeeper products and services on its own fleet, and for use by its customers.

Midwest Transit Equipment is one of the largest bus distributors in the United States, with operating locations in Michigan, Illinois, Indiana, Kansas and Missouri. The company is a distributor for IC Bus, a subsidiary of Navistar, as well as for Collins Bus, Starcraft, ElDorado, Elkhart Coach, Braun Corp., Berkshire Coach and MV-1.

MTE president and chief executive officer John McKinney stated: "We are thrilled with our expanded relationship with Gatekeeper. Their technology road map, product line and customer service programs are exactly what our team is looking for as we execute on our aggressive growth strategy throughout North America." Mr. McKinney added, "Our relationship with Gatekeeper expands beyond the technical side of the business to a trusted partner."

Mr. McKinney is a former president of Navistar Global Bus and vice-president, North American Truck Sales, where he led the sales and marketing efforts for Navistar's $10-billion truck and bus sales in the United States and Canada. Mr. McKinney and an investment group led by Bridgewater Partners recently acquired Midwest Transit and is now looking to execute on an aggressive growth plan with both an organic and acquisition strategy throughout North America.

President and CEO of Gatekeeper Doug Dyment said: "John McKinney is one of our industry's most respected individuals, and I couldn't be more excited about our partnership. His aggressive growth plan into multiple mobile markets will give Gatekeeper an opportunity to expand our video platforms throughout all Midwest Transit's new manufactured vehicles as well as existing vehicles."

About Gatekeeper Systems Inc.

Gatekeeper provides high-definition video integrated with GPS and vehicle sensors for mobile applications including school, transit buses, law enforcement and military applications.

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