Abbotsford, BC – June 25, 2025 – TheNewswire - Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX-V:GSI) (OTC:GKPRF), a leader in video and data solutions for school buses, public transit and smart cities, announces new contracts with school district customers in Canada, and comments on Transport Canada’s recent regulation.

 

Under the new contracts, school buses in certain school districts in Alberta, Manitoba, and British Columbia will be equipped with Mobile Data Collectors and video under the Company’s Platform-as-a-Service (PaaS) business model. The contracts have an aggregate value of approximately $450,000.

 

Doug Dyment, Gatekeeper's President and CEO commented, "We’re excited by our continued school bus market share penetration in Canada. Once our PaaS platform is installed on a school bus, it becomes easy to add new safety solutions in the future, such as the perimeter visibility system that will soon be required on all new school buses in Canada. We are actively working with our customers to prepare for the new Transport Canada mandate, which we believe represents a meaningful business opportunity for Gatekeeper and a safer transportation environment for school children."

 

The recent Transport Canada regulation requires that, beginning on November 1, 2027, perimeter visibility systems be installed on all new school buses. As an experienced provider of school bus video solutions, Gatekeeper was selected as a pilot project supplier for this initiative and installed its 360 Surround Vision perimeter visibility systems on pilot project school buses in British Columbia and Ontario. Transport Canada estimates the costs of this regulation to be $196 million in present value between 2024 and 2036 and estimates 65,105 school buses will be affected by 2036.

 

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 onboard devices. The Company’s hosted software applications facilitate AI-assisted video analytics for incident management and storage. The Company’s Platform-as-a-Service (PaaS) business model is centered around the Mobile Data Collectors, which are the cornerstone of its data company transformation. www.gatekeeper-systems.com

Contact Information:

Douglas Dyment

President & CEO

ddyment@gatekeeper-systems.com

(604) 864-6187

 

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 period ended February 28, 2025. 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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