Mr. Douglas Dyment reports

GATEKEEPER ANNOUNCES C$27 MILLION FRA TRANSIT VIDEO PROJECT WITH NEW YORK METROPOLITAN TRANSPORTATION AUTHORITY'S LONG ISLAND RAIL ROAD

Gatekeeper Systems Inc.'s wholly owned subsidiary, Gatekeeper Systems USA Inc., has entered contracts valued at approximately $19.55-million (U.S.) (approximately $27-million (Canadian)) with Long Island Rail Road, the commuter rail division of the New York Metropolitan Transportation Authority, for the LIRR audiovisual recording monitoring system upgrade.

The project relates to the replacement of LIRR's audiovisual recording monitoring system on its railcar fleet in compliance with the Federal Railroad Administration mandate. The FRA mandate requires that all passenger train lead locomotives providing scheduled intercity rail passenger or commuter service be equipped with crashworthy memory modules and image recording devices prior to Oct. 12, 2027.

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 57,000 mobile data collectors for customers which record video and data daily from over 200,000 on-board devices. The company's hosted software applications facilitate artificial-intelligence-assisted video analytics for incident management and storage. The company's platform-as-a-service business model is centred around the mobile data collectors, which are the cornerstone of its data company transformation.

We seek Safe Harbor.