2016-06-21 -NR - Gatekeeper Reports $1.686 Million CDN In Backlog Orders
FOR IMMEDIATE RELEASE
Gatekeeper Reports $1.686 Million CDN
In Backlog Orders
Abbotsford, BC June 21th, 2016 - Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI; OTC: GKPRF; FSE: 1GK) is pleased to report that its backlog of orders (the “Sales Orders”) has grown from approximately $830,000 CDN, as reported in a press release on June 8th to approximately $1.686 million CDN as of end of business on June 21st, 2016.
Included in the Sales Orders are the Company’s high-definition products including its four and eight camera mobile video solutions integrated with wireless, GPS and vehicle sensors. Gatekeeper G4 incident management software is bundled with each system providing end users with an application that allows them to navigate through hundreds of hours of recorded video to find, save and share video that is used as evidence by school officials or law enforcement.
The Company recently closed its debt facility with a maximum draw down of $1.5 million USD which will assist the Company in securing inventory and meeting scheduled shipments for delivery, which is anticipated to occur within the next three weeks. Sales Orders that require longer ship dates will be shipped prior to the end of the fiscal fourth quarter ending August 31, 2016.
President and CEO Doug Dyment commented, “Our backlog of orders continues to increase early in the fourth quarter. We have activated marketing strategies that are targeting key clients which, when synchronized with our outside sales team’s business development efforts, have continued to result in positive sales momentum.”
About Gatekeeper Systems Inc.
A TSX-V Company since 2013, Gatekeeper Systems Inc. has provided total mobile video security solutions to over 3,500 customers and has installations in every state and province in North America. Customers include school districts, public transit, law enforcement and military.
For more information visit: www.gatekeeper-systems.com.
On behalf of the Board,
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.