Mr. Douglas Dyment reports

GATEKEEPER ANNOUNCES $9.3 MILLION SCHOOL BUS VIDEO AND SUBSCRIPTIONS CONTRACT IN CALIFORNIA

Gatekeeper Systems Inc. has signed a school bus video and subscription contract in California.

Under the contract, school buses will be equipped with interior video, exterior video, artificial-intelligence-based passenger counters and wirelessly connected mobile data collectors enabling live view wireless and video management. The contract is with an existing student transportation provider customer which is providing video solutions relating to a school district which is a new customer to the company. The contract is valued at approximately $6.7-million (U.S.) (approximately $9.3-million (Canadian)) and is the company's largest ever contract in the school bus segment. The company also expects the student transportation provider to subscribe to the company's video management software offering for video analysis and storage upon completion of subscription agreement terms.

Gatekeeper's passenger counting system uses AI and video analytics to accurately record the number of students getting on and off a school bus. The mobile data collector also records additional data such as bus number, date and time of the door open/close, and GPS location to generate statistical reports for data analysis. Passenger counting helps school districts improve route scheduling and planning based on actual passenger volume.

Doug Dyment, Gatekeeper's president and chief executive officer, commented: "This is the largest school bus segment contract in our company's history and the fifth contract in California we've announced this year. We are very pleased that our sales strategy with student transportation providers is gaining traction, and we are also pleased that our new innovative offerings such as live view wireless and AI-based passenger counters are resonating with school districts and student transportation providers."

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 63,000 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.

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