Gatekeeper Sees 147% Gross Profit Increase in Third Quarter

Gatekeeper Sees 147% Gross Profit Increase in Third Quarter
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Mr. Dyment; President & CEO, is making all the right moves with Gatekeeper Systems Inc. (TSXV: GSI). The Company announced a third quarter revenue increase of 113% to $3,103,333 as compared to $1,455,537 the same time last year and gross profit increase of 147% to $1,541,440 from last year’s third quarter gross profit of $623,911. As a result, volume in the shares of Gatekeeper reached in excess of 3.6 million, way above its three month average volume of roughly 100,000. Shares of the Company were up 12% or $0.02 closing at $0.18.

Doug Dyment, President and CEO stated that, “During the third quarter we were successful at executing delivery of products caused from the large backorder, which is directly attributed to the efforts of all Gatekeeper employees who have showed a strong commitment to the Company for many years. On behalf of management and our shareholders we thank them for their efforts and look forward to growing the Company together.”

Gatekeeper provides innovative, end-to-end video safety and security solutions for mobile applications including body cameras, in-car police video systems, school bus video and stop arm camera video enforcement systems, transit bus video systems, and airborne digital recording systems for military applications.

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