Abbotsford, BC - TheNewswire - April 21, 2021 - Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSXV:GSI) (OTC:GKPRF) (FSE:1GK) a video and data solutions provider for public transportation and smart cities, has launched a new Software-as-a-Service (SaaS) based video management solution designed to store and manage school bus video data, and announces its first customer deployment for a school bus fleet in Wisconsin.
The SaaS-based solution is enterprise software that allows video data, recorded on-bus by wirelessly enabled mobile data collectors, to be stored and analyzed on the Company’s cloud-based servers. Using a secure log-in portal, users access intelligent video search software to view, analyze and extract video segments to assist in situations such as locating a missing child, or analyzing student and driver behavior. The software package is priced on a per-vehicle basis and invoiced quarterly in a SaaS-based recurring revenue model. Development and testing are complete, and the first customer deployment will be on 23 school buses for a school district in Wisconsin.
This SaaS-based solution becomes a new additional data layer on the Company’s Platform-as-a-Service (PaaS) business model which is centered around wirelessly enabled mobile data collectors that record and analyze video, audio, GPS location and data on the school bus, and becomes the on-board intelligence platform for future applications such as passenger counting, contact tracing and more.
The school district in Wisconsin had previously purchased the PaaS solution for their buses in February 2021 and is now adding the SaaS-based video management software to achieve an advanced comprehensive intelligent video program for their fleet.
Doug Dyment, President and CEO commented, “This hosted video management software solution is in line with our strategic goal of developing SaaS-based solutions that interconnect to the data being collected by the thousands of mobile data collectors we’ve installed on public passenger transportation vehicles. Passenger safety and operational flexibility have become increasingly important to our school and transit customers who are operating with today’s pandemic safety protocols as being the new norm. They rely on video and data technologies to help them in their operations.”
School districts are rapidly embracing video and data solutions on school buses to help provide a safer transportation environment for school children. Gatekeeper has installed more than 34,000 intelligent mobile data collectors and 100,000 video devices on school buses for over 3,500 school district customers.
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, thermal cameras, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems in a Smart City ecosystem. The Company’s Platform-as-a-Service (PaaS) business model is an enabling transformation to a video and data solutions provider for intelligent transit and Smart Cities.
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 November 30, 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.
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