Gatekeeper Systems Grants Stock Options


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TSX.V:GSI
07/18/2014 [ACCESSWIRE]

Abbotsford, BC / ACCESSWIRE / July 18, 2014 / Gatekeeper Systems Inc. ('Gatekeeper' or the 'Company') (TSX.V: GSI) announces that, pursuant to the Company's Stock Option Plan, it has granted an aggregate of 375,000 incentive stock options (the "Options") to independent directors of the Company, subject to regulatory approval. The Options are being granted to directors as compensation for time and services, in lieu of monetary compensation, and are exercisable at a price of $0.18 per share for a period of 10 years from the date of grant.


About Gatekeeper Systems Inc.

Founded in 1997, Gatekeeper Systems is a leading provider of high resolution video security and safety systems for mobile applications. Our industry-leading Incident Management Software synchronizes real-time video, mapping, audio and vehicle sensors to create a total picture of operations. With these technologies, clients can detect, analyze and respond to safety and security threats anytime.

The company is organized into two divisions:

Gatekeeper(R) mobile video division gives school bus managers tools to see 360 degrees in and around school buses and ensure the safety of the children they transport. These tools include multiple high resolution color cameras that enhance safety inside the bus, and the Student Protector(TM) infrared license plate reading system. The Student Protector records the license plates of potentially deadly stop arm violators and issues tickets or citations for revenue sharing with the school district, county and Company. Gatekeeper's transit bus surveillance system records up to 16 cameras in high resolution, allowing transit managers to view video live from buses or record evidence from all cameras.

Deep Development Corp. focuses on military and oil and gas markets - from helping to protect overseas troops flying AC130 Gunships and operating Navy or Coast Guard vessels in extreme environments, to securing potential threats in oil and gas environments. Deep Development's post-mission analysis software is used to detect, analyze and respond to security threats.

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

On behalf of the Board,

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.

SOURCE: Gatekeeper Systems Inc.   

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