19:23:50 EDT Wed 10 Jun 2026
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Gatekeeper Commences Upsized C$2.8M Transit Project in Oregon

2026-06-10 18:06 ET - News Release

(via TheNewswire)

Gatekeeper Systems Inc.

 

Abbotsford, BC – June 10, 2026 – TheNewswire - Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX-V:GSI) (OTC:GKPRF), a leader in video and data solutions for protecting people in transit, announces it has upsized and commenced a previously announced transit video and subscriptions project (the “Project”) with a transit agency in Oregon, and expects to recognize the majority of the Project revenue in the fourth fiscal quarter ending August 31, 2026.

 

The Project, initially announced on June 12, 2025, has been upsized to allow for improved system configuration and installation. OEM factory installation will now occur on certain transit buses through GILLIG, a leading heavy-duty transit bus manufacturer in the United States. The Mobile Data Collectors for the Project will also now accommodate up to 16 terabytes of video storage per transit vehicle. The Project will equip a full fleet of transit vehicles with a comprehensive suite of video solutions, including subscriptions to the Company’s AI-assisted video management offering for video analytics and storage.

 

The upsized Project is now valued at approximately US$1.75 million (was US$1.4 million), or approximately C$2.44 million. The Company expects to recognize the majority of this revenue during its fourth fiscal quarter ending August 31, 2026. In addition, the monthly recurring subscriptions related to the Project are now valued at more than US$55,000 (was US$50,000) per year for an initial contract period of 5 years, or approximately C$0.4 million in aggregate at current exchange rates.

About Gatekeeper Systems Inc.

Gatekeeper is a leading provider of video and data solutions for a safer transportation environment for children, passengers, and drivers on public transportation fleets. Gatekeeper has provided solutions to more than 60 transit agencies and 3,500 school districts throughout North America and has installed more than 65,000 Mobile Data Collectors for customers which record video and data daily from over 200,000 onboard devices. The Company’s hosted software applications facilitate AI-assisted video analytics for incident management and storage. The Company’s Platform-as-a-Service (PaaS) business model is centered around the Mobile Data Collectors, which are the cornerstone of its data company transformation. www.gatekeeper-systems.com

Contact Information:

Douglas Dyment

President & CEO

ddyment@gatekeeper-systems.com

(604) 864-6187

 

Cautionary Note Regarding Forward-Looking Statements

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. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to currency values and foreign exchange rate fluctuations between the Canadian dollar and U.S. dollar. 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 February 28, 2026. 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.

 

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