Abbotsford, British Columbia--(Newsfile Corp. - February 19, 2025) - Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) ("Gatekeeper" or the "Company"), a leader in intelligent video and data solutions for public transportation and smart cities, supports Transport Canada's new regulation mandating that perimeter visibility systems be installed on all new school buses as a feature to improve school bus safety. In addition, the regulation also introduced requirements for the installation of infraction cameras for manufacturers who wish to voluntarily install them on buses.
The Transport Canada regulation came into effect December 18, 2024, and all new school buses will be equipped with perimeter visibility systems as of November 1, 2027. Transport Canada estimates the cost of the regulation to be $196 million in present value between 2024 and 2036 and estimates 65,105 school buses will be affected by 2036. These measures follow a 2020 Report of the Task Force on School Bus Safety, which recommended new measures to protect children outside the school bus, where they face the greatest risk.
Gatekeeper was selected as a pilot project supplier for testing in this initiative in April 2021 and installed 360 Surround Vision and Student Protector systems on pilot project school buses in British Columbia and Ontario.
Gatekeeper's 360 Surround Vision is a perimeter visibility system which provides a surround view of the school bus and is automatically activated when the bus is reversing or making side turns. The surround view is displayed on a specialized rear-view mirror system allowing drivers to monitor school children all around the bus.
Gatekeeper's Student Protector is an infraction camera solution specifically designed to record and target vehicles that illegally pass a school bus when the stop arm is deployed and captures license plate information day or night up to four lanes from a school bus.
"Gatekeeper applauds this new Transport Canada regulation to improve school bus safety," commented Doug Dyment, Gatekeeper's President, and CEO. "We have supported the Task Force on School Bus Safety from its early beginnings as a pilot project provider showcasing our innovative 360 Surround Vision and Student Protector solutions and we look forward to working with Canadian school districts and school bus manufacturers on the implementation of this important regulation."
For more information visit Transport Canada press release and regulations.
About Gatekeeper Systems Inc.
Gatekeeper is a leading 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. The Company uses AI, video analytics, and Mobile Data Collectors to interconnect public transportation assets within a Smart City ecosystem. The Company's Platform-as-a-Service (PaaS) business model is centered around wirelessly enabled Mobile Data Collectors which forms the foundation of the Company's data company evolution. www.gatekeeper-systems.com
Contact Information:
Douglas Dyment
President & CEO
ddyment@gatekeeper-systems.com
(604) 864-6187
Cautionary Note Regarding Forward-Looking Statements
Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize, and readers are cautioned not to place undue reliance on these forward-looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis for the period ended November 30, 2024. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management's current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. 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.
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SOURCE: Gatekeeper Systems Inc.
