Mr. Doug Dyment reports

GATEKEEPER ANNOUNCES $9 MILLION TRANSIT VIDEO AND DATA CONTRACT, BACKLOG NOW $13 MILLION

Gatekeeper Systems Inc.'s wholly owned subsidiary, Gatekeeper Systems USA Inc., located in Bristol, Pa., has received a purchase contract for approximately $6.7-million (U.S.) (approximately $9-million) to provide video and wireless data technology for transit buses and trains relating to the Southeastern Pennsylvania Transportation Authority (SEPTA). The company intends to complete the majority of the contract during its first fiscal quarter ending Nov. 30, 2023.

Doug Dyment, chief executive officer 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 artificial intelligence, video analytics, thermal cameras and mobile data collectors to interconnect 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.

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