Mr. Douglas Dyment reports

GATEKEEPER ANNOUNCES C$3 MILLION FRA TRANSIT VIDEO PROJECT

Gatekeeper Systems Inc.'s wholly owned subsidiary, Gatekeeper Systems USA Inc., has received purchase orders to provide and install Federal Railroad Administration-compliant video and audio recording devices on passenger train lead locomotives.

Under the project, Gatekeeper has entered a contract to supply the project equipment to an unrelated third party and has separately entered a contract with Southeastern Pennsylvania Transportation Authority to provide installation services for the project. The project relates to the Federal Railroad Administration mandate issued under CFR 229.136, which requires that all passenger train lead locomotives providing scheduled intercity rail passenger or commuter service be equipped with crashworthy memory modules and image recording devices prior to Oct. 12, 2027. Gatekeeper is an experienced provider of systems for the FRA mandate and has installed hundreds of crashworthy video recording devices on passenger trains for public transportation operators in the United States.

The project is valued at approximately $2.1-million (U.S.) ($3-million) in aggregate and is expected to be completed during the company's 2027 fiscal year, which begins Sept. 1, 2026.

SEPTA is one of the largest transit systems in the United States. SEPTA supports five counties in the greater Philadelphia area and connects to transit systems in Delaware and New Jersey. Services include regional rail, buses, trolleys, subways and a high-speed line.

About Gatekeeper Systems Inc.

Gatekeeper is a leading provider of video and data solutions for a safer transportation environment for children, passengers and drivers on public transportation fleets. Gatekeeper has provided solutions to more than 60 transit agencies and 3,500 school districts throughout North America, and has installed more than 65,000 mobile data collectors for customers, which record video and data daily from over 200,000 on-board devices. The company's hosted software applications facilitate artificial-intelligence-assisted video analytics for incident management and storage. The company's platform-as-a-service business model is centred around the mobile data collectors, which are the cornerstone of its data company transformation.

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