Gatekeeper Increases Credit Facilities with TD Bank

(TheNewswire)

Abbotsford, BC – June 30,2025 – TheNewswire - Gatekeeper Systems Inc. (“Gatekeeper” or the“Company”) (TSX-V:GSI) (OTC:GKPRF), a leader in video and datasolutions for school buses, public transit and smart cities, announces the Company has increased its letterof credit facilities with TD Bank and strengthened its vendorfinancing arrangements.

The Company has increased its letter of credit facilitywith TD Bank from $2.0 million to $7.5 million to accommodatepotential inventory purchases and performance bond guarantees forlarge projects. The Company also has in place a revolving creditfacility with TD Bank pursuant to which the Company may draw up to $6million for working capital provisions.

In addition, the Company has favorable vendor financingarrangements with certain suppliers for defined large projects.

At the end of the Company’s most recent fiscalquarter ended February 28, 2025, each of the letter of credit facilityand the revolving credit facility were undrawn, and in addition, theCompany had working capital of $16.1 million and no borrowed-moneydebt.

About Gatekeeper Systems Inc.

Gatekeeper is a leading provider of video and datasolutions for a safer transportation environment for children,passengers, and drivers on public transportation fleets. Gatekeeperhas provided solutions to more than 60 transit agencies and 3,500school districts throughout North America and has installed more than57,000 Mobile Data Collectors for customers which record video anddata daily from over 200,000 onboard devices. The Company’s hostedsoftware applications facilitate AI-assisted video analytics forincident management and storage. The Company’s Platform-as-a-Service(PaaS) business model is centered around the Mobile Data Collectors,which are the cornerstone of its data company transformation. www.gatekeeper-systems.com

Contact Information:

Douglas Dyment

President &CEO

ddyment@gatekeeper-systems.com

(604)864-6187

Cautionary Note RegardingForward-Looking Statements

Certain statements made in this press release that arenot historical facts are forward-looking statements and are subject toimportant risks, uncertainties and assumptions, both general andspecific, which give rise to the possibility that actual results orevents could differ materially from our expectations expressed in orimplied by such forward-looking statements. As a result, we cannotguarantee that any forward-looking statement will materialize, andreaders are cautioned not to place undue reliance on theseforward-looking statements. For more exhaustive information on theserisks and uncertainties, the reader should refer to the risk factorsdescribed in the management's discussion and analysis for the periodended February 28, 2025. The forward-looking statements contained inthis press release represent our expectations as of the date hereof.We disclaim any intention and assume no obligation to update or reviseany forward-looking statements. Forward-looking statements arepresented for the purpose of providing information about management'scurrent expectations and plans and allowing investors and others to obtain a better understanding of our anticipatedoperating environment. Readers are cautioned that such information maynot be appropriate for other purposes. The Company undertakes noobligations to update or revise such statements to reflect newcircumstances or unanticipated events as they occur, unless requiredby applicable law.

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

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