19:27:28 EDT Thu 02 May 2024
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Gatekeeper Systems Inc
Symbol GSI
Shares Issued 92,382,395
Close 2024-04-08 C$ 0.86
Market Cap C$ 79,448,860
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Gatekeeper wins SEPTA contract for recording devices

2024-04-09 12:47 ET - News Release

Mr. Douglas Dyment reports

GATEKEEPER ANNOUNCES SEPTA CONTRACT FOR LOCOMOTIVE IMAGE AND AUDIO RECORDING DEVICES

Gatekeeper Systems Inc.'s wholly owned subsidiary, Gatekeeper Systems USA Inc., located in Bristol, Penn., has received a purchase contract from the Southeastern Pennsylvania Transportation Authority (SEPTA) to equip five transit locomotives with image and audio recording devices, including crash-hardened memory modules (CHMMs).

Gatekeeper is an experienced provider to public transportation operators and offers comprehensive solutions that are compliant with the Federal Railroad Administration's new rule requiring video and crashworthy recording devices on all intercity passenger and commuter trains in the United States. For additional information visit Gatekeeper's FRA Compliant Locomotive Recording Devices .

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.

On October 12, 2023, the Federal Railroad Administration announced a final rule requiring the installation of inward- and outward-facing image recording devices on all passenger train lead locomotives providing scheduled intercity rail passenger or commuter service. The regulation responds to a National Transportation Safety Board recommendation with the aim to enhance safety across the passenger rail industry. The final rule mandates that locomotive video recording devices must remain operational while the controlling locomotive of a passenger train is in motion and data captured must retain at least the last 12 hours of recorded footage and be stored in a crashworthy memory module. Since locomotive-mounted recording devices on passenger trains are categorized as "safety devices" tampering with or disabling of these vital recording systems is prohibited.

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 inter-connect 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 .

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