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Bullboard - Stock Discussion Forum Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its... see more

TSXV:GSI - Post Discussion

Gatekeeper Systems Inc > This is MASSIVE News!!!
View:
Post by Steady77 on Jun 01, 2022 8:08am

This is MASSIVE News!!!

Abbotsford, BC –TheNewswire - June 1, 2022 - Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSXV:GSI) (OTC:GKPRF)a video and data solutions provider for public transportation and smart cities, has entered a Master Services Agreement with National Express LLC (NELLC). The Master Services Agreement establishes a perpetual contractual framework under which Gatekeeper will provide video, data, software, and related installation services to NELLC.

NELLC ’s home-to-school companies operate more than 20,000 school buses, serve more than 550 school districts in 33 states and three provinces, and transport more than 1.3 million students daily. NELLC also operates express shuttle vehicles serving 9 million corporate and university passengers annually as well as 2,800 express transit vehicles serving 22 million passengers annually.

NELLC is the North American subsidiary of National Express Group, a leading transportation provider delivering services to the UK, Continental Europe, North Africa, North America, and the Middle East. National Express Group (LON:NEX) reported £2.170 billion in revenue and 792 million passenger journeys in 2021.

“NELLC is a well-respected transportation provider committed to offering the highest level of transportation safety,” commented Doug Dyment, President and CEO of Gatekeeper. “We are extremely pleased NELLC has selected Gatekeeper as a video and data solutions provider and our team is committed to demonstrate the excellence of our products and services to this valued customer.”

Comment by Ciao on Jun 01, 2022 8:17am
Yes, this must be one of the events that DD had talked about. Indeed massive news, "perpetual contract", this ensures recurring revenues with one of the largest industry players. It's good to have connectionsl https://www.gatekeeper-systems.com/news/gatekeeper-announces-director-resignation/
Comment by Dunworkin2 on Jun 01, 2022 8:22am
Ok ya! Opens up Gatekeeper to Europe and the world, very nice news to grow the business in new verticals as well. You da man Doug!
Comment by Ciao on Jun 01, 2022 8:36am
The certainty of revenues greatly de-risks the stock and the lumpiness of revenues should no longer be a concern moving forward. Now with a key partner and solid revenue growth, an interesting suite of tech in a nice ecosystem, GSI becomes an attractive target as well.
Comment by NineLives on Jun 01, 2022 9:48am
Agree, buy, hold, financials are strong.
Comment by ranman on Sep 22, 2022 8:55am
Going over some old posts and came across this keeper...gatekeeper to be precise. Where  are you Steady77? This board has once again sank to new lows.
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