Tickers: PINX:GKPRF, XTSE:GSI
Abbotsford, BC - TheNewswire - June 11, 2020 - Gatekeeper Systems Inc. ('Gatekeeper' or the 'Company') (TSXV:GSI) (OTC:GKPRF) (FSE:1GK) a leading provider of intelligent video solutions for public transport and smart cities, is pleased to announce that the Company has been contracted to equip 32 school buses in Niagara, Ontario with intelligent video recording solutions. Together with the contract announced September 4, 2019, Gatekeeper's systems will be installed on more than 130 school buses operated by Niagara Student Transportation Service which transports 32,000 students daily on over 542 vehicles, representing a quarter of their fleet.
Gatekeeper's Platform-as-a-Service (PaaS) business model is centered around its intelligent video recording devices that record, store, and wirelessly transmit video and audio from multiple devices. These digital video recorders also serve as the "black box" to aid in accident investigations. Customers can customize their configurations by choosing from the Company's comprehensive product suite which includes:
Video Analytics Software - records time, location, audio, and video, enabling quick and easy assembly of video evidence needed to deal with school bus problems such as bullying, grazing, vaping, or verbal abuse.
Stop Arm Camera - records license plate information day or night, of vehicles that illegally pass a school bus when the stop arm is deployed. Gatekeeper's optional proprietary software also automates the ticketing process of stop-arm infractions.
360? Camera - provides the driver with 360? real-time imaging, automatically activated at pre-programmed bus speeds. The 360? view is displayed within the vehicle's specialized rear-view mirror system allowing drivers to monitor school children all around the bus.
Interior Camera - records the video and audio activity on the bus interior using adjustable vandal-resistant cameras.
Tactical Ready Kit - is a portable unit that allows law enforcement personnel to obtain quick and easy display of the internal video and audio of a school bus in close proximity, even while in motion.
The use of video on school buses is growing rapidly. In February 2020, the Council of Ministers Responsible for Transportation and Highway Safety released the Strengthening School Bus Safety in Canada report from the federal, provincial and territorial Task Force on School Bus Safety, which developed a set of prioritized recommendations for the Council of Ministers to consider. The Task Force recommends that all jurisdictions explore the application of safety measures which include Stop Arm Cameras to help prevent dangerous incidents caused by passing motorists, and 360? Cameras as a means of better detecting and protecting children and other vulnerable road users around the exterior of the bus. The report estimates that 2.2 million Canadian school children travel to and from school every day on Canada's 51,670 school buses.
Gatekeeper has significant experience in supplying cameras for school bus safety. During its operating history, the Company has sold over 100,000 cameras that are being used to help protect children while riding to and from school.
About Gatekeeper Systems Inc.
Gatekeeper is a leading provider of intelligent video 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 transit assets as part of intelligent transportation systems for Smart City initiatives. The Company's Platform-as-a-Service (PaaS) business model is designed to connect moving vehicles in the era of Internet of Things (IOT).
Cautionary Note Regarding Forward-Looking Statements: Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize, and readers are cautioned not to place undue reliance on these forward-looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis for the quarter ended February 29, 2020. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management's current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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