Gatekeeper signs $741,000 video, subscriptions contract

Executive Summary

• Gatekeeper Systems Inc. has secured a new contract with a previously unconnected school district in Florida to equip nearly 100 school buses with video solutions and mobile data collectors.
• The total contract value is approximately $534,000 USD ($741,000 CAD), which includes the prepayment of five years of monthly recurring software subscriptions.
• This agreement represents a significant expansion of the company's customer base, adding a new school district to its existing portfolio of over 3,500 school districts served in North America.

Key Details

• Contract Value: Approximately $534,000 USD (approx. $741,000 CAD).
• Scope: Equipping nearly 100 school buses with video solutions and mobile data collectors.
• Revenue Structure: Includes prepayment of five years of monthly recurring software subscriptions.
• Customer Status: The contracting entity is a new customer to Gatekeeper Systems Inc.
• Geographic Location: Florida, USA.
• Company Context: Gatekeeper currently serves more than 60 transit agencies and 3,500 school districts, having installed over 65,000 mobile data collectors for customers recording data from over 200,000 onboard devices.