Mr. Douglas Dyment reports

GATEKEEPER ANNOUNCES C$2.2M TRANSIT VIDEO AND SUBSCRIPTION CONTRACT IN OREGON

Gatekeeper Systems Inc. has received a contract with a transit agency in Oregon.

Under the contract, transit buses will be equipped with mobile data collectors and a comprehensive suite of transit video solutions. The transit agency will also subscribe to the company's artificial-intelligence-assisted video management offering for video analytics and storage. The transit agency is a new customer to the company and the contract is valued at approximately $1.4-million (U.S.) (approximately $1.9-million) plus monthly recurring subscriptions valued at more than $50,000 (U.S.) per year for an initial contract period of five years (approximately $340,000 over the five-year period).

Doug Dyment, Gatekeeper's president and chief executive officer, commented: "We are delighted that our AI-assisted video management software subscriptions are gaining traction with not only school districts, but transit agencies as well. Gatekeeper counts over 60 transit agencies and 3,500 school districts as customers all across North America and we are very pleased with how our hosted service offerings are being received within both of these industry segments."

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 are the foundation of the company's data company evolution.

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