Gatekeeper Receives New Contract from School Bus Contractor 'Sheppard Bus Company', New Jersey


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TSX.V:GSI
12/11/2013 [ACCESSWIRE]

Abbotsford, BC, December 11th 2013 - Gatekeeper Systems Inc. (the "Company" or "Gatekeeper") (TSX.V: GSI) is pleased to announce it has received a new contract from Sheppard Bus Company ("Sheppard Bus") in New Jersey, United States, to supply mobile video solutions on their school buses.

Since 1919, the Sheppard Bus family has been providing pupil transportation services. Today Sheppard Bus operates over 300 vehicles in five New Jersey Counties and continues charter operations in the 48 continental United States.

"We are excited to see Gatekeeper expanding sales in geographic regions where there has previously been limited exposure. The North East of the United States is an important region for us and we couldn't be more pleased that Sheppard Bus has chosen Gatekeeper to expand their school bus video systems. Our sales expansion and customer service plan includes a much more aggressive approach by way of saturating regions with direct contact and new partnerships", said Doug Dyment, President and CEO of Gatekeeper. Dyment also added, "There are a number of positive signs that support projected growth in the student safety market for Gatekeeper. Those include an increase in stop arm violations to over 14 million this year, as projected by the NASDPTS (National Association of State Directors of Pupil Transportation Services), and an increase in school bus production over the past two years".

Over the past several months Gatekeeper has been successfully landing many contracts across the United States and Canada. New product launches in the area of license plate reading from multiple platforms, including end-to-end ticket processing software, are gathering significant interest from many new customers in various States.

There are approximately 550,000 yellow school buses in North America. School bus sales in 2013 have increased for the second year in a row, as reported by School Bus Fleet Magazine (SBF). During the 2013 school bus sales year (Nov. 1st, 2012 to Oct. 31st, 2013) 36,073 school buses were sold in the United States and Canada, an increase of 12.6% from the previous year, which sold 32,034 school buses. The 2012 total was an increase of 10.2% compared to the 2011 annual sales.

About Gatekeeper Systems Inc.

Founded in 1997, Gatekeeper Systems has provided total mobile video security solutions to over 3,500 customers and has installations in every state and province in North America. Customers include school districts, public transit, law enforcement and military.

For more information visit: www.gatekeeper-systems.com.

Sincerely,

Douglas Dyment

President & CEO

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.

Cautionary Note Regarding Forward-Looking Statements: This release may contain forward-looking statements. Actual results could differ materially from those described in this news release as a result of various factors, including, but not limited to the timing of and ability to obtain regulatory approvals. The Company cautions that these and similar statements involve risk and uncertainties and are qualified by important factors, including the risk that the Company will not obtain required approval, that could cause actual results to differ materially from those in the forward looking statements. Forward-looking statements are made in the context of information available as of the date stated. 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

The names of actual companies and products mentioned herein may be the trademarks of their respectful owners.

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