Gatekeeper Systems Inc V.GSI

Nice contract

[davewho]

but customer mentioned

Gatekeeper Announces $3M in Orders for Mobile Data Collectors and Video on 1,400 School Buses - Gatekeeper Systems (gatekeeper-systems.com)

Doug Dyment, President and CEO commented, “This becomes a significant addition to our installed base of MDCs on school buses. Some buses will be adding new MDCs to the video solutions we’ve already installed, while other buses will be installing both new MDCs and new video solutions.

[davewho]

sorry that should have been NO customer mentioned for this contract that I can see

[Harley103]

That's ok that a customer was not mentioned, as long as we know the dollar amount of the contract we as investors are good. Much better flow of NR's compared to a year ago.

[davewho]

Backed by a wide variety of solutions from AI-powered video analytics to back-office personnel, Gatekeeper has managed to establish market share in every U.S. state and Canadian province, including installations of over 50,000 MDCs and over 100,000 in-vehicle video devices, leaving competitors to surmount a fortress-like barrier to entry.

[ronron]

if we started with 1000 "lit up" MDCs this year, then company has already more than 2x'd their recurring revenue off MDCs with that contract before mid year. Quite fast to adopt, so demand is certainly not the bottleneck, and there's 50,000+ MDCs in total (and growing). Might be needing another data center next year!

[Mako2022]

Just a wee bit of seasoning before the main course is served