Business
Gatekeeper Completes C$6.3M Contract for NTSB Compliant Digital Video Recorders on Trains
(TheNewswire) Abbotsford, BC - TheNewswire - November...
About this update from Gatekeeper Systems, Inc.
[{"type":"text","content":"Gatekeeper Completes C$6.3M Contract for NTSB Compliant Digital Video Recorders on Trains \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Abbotsford, BC -\n \n \n TheNewswire\n \n \n -\n \n \n November 10, 2020 - Gatekeeper Systems Inc. ('Gatekeeper' or the\n'Company') (TSXV:GSI) (OTC:GKPRF) (FSE:1GK)\n \n \n a\nleading provider of intelligent video solutions for public transport\nand smart cities, is pleased to announce the final completion of a\npreviously-announced C$6.3 million contract for the design and supply\nof digital video recorders (DVRs) and crash hardened memory modules\n(CHMMs) that record and protect operating evidence in rail transit\napplications.\n \n \n \n \n The DVRs and CHMMs have continuous-recording\ncapabilities that can be used to verify crew actions and train\noperating conditions, which greatly aids accident investigations in\nthe same way black boxes are used in the airline industry. They are\ncompliant with the recommendation made by the National Transportation\nSafety Board (NTSB), which calls upon the Federal Transit\nAdministration to install crash-resistant inward- and outward-facing\ncameras and continuous recorders in all rail transit vehicles.\n \n \n \n \n Doug Dyment, CEO of Gatekeeper, commented: \"We are\nenormously proud of this accomplishment and our team's successful\nexecution. We have successfully completed a meaningful rail transit\nsafety contract for the sixth largest transit authority in the US.\nThis demonstrates our ability to design and deliver large-scale\ndigital video recording solutions needed by transit authorities as\nthey seek to comply with NTSB recommendations to improve rail transit\nsafety. We believe that all transit trains and buses should be\nequipped with video and event recording devices to improve safety and\naid in accident investigations, in the same way black boxes are used\nin the airline industry.\"\n \n \n \n \n The C$6.3 million contract was initially announced on\nOctober 9, 2019 and the Company estimates that approximately C$1.56\nmillion of this contract has been billed during its fiscal Q1 which\nends November 30, 2020.\n \n \n \n \n About Gatekeeper Systems Inc.\n \n \n \n \n Gatekeeper is a leading provider of intelligent video\nsolutions designed to provide a safer transportation environment for\nchildren, passengers, ...