Gatekeeper Becomes OEM Transit Video Provider to Alstom, Announces $7.5 Million Contract [Yahoo! Finance]
ALSTOM UNSP/ADR (ALSMY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Pink: GKPRF) ("Gatekeeper" or the "Company"), a leader in video and data solutions for protecting people in transit, is pleased to announce the Company has become an OEM transit video and data solutions provider to Alstom, a global leader in rail transport systems, and announces its first Alstom contract. The Company has entered an initial contract with Alstom to become the OEM provider for factory-installed transit video solutions for the Southeastern Pennsylvania Transportation Authority (SEPTA) streetcar project. Alstom has cited the SEPTA streetcar project as a strategic project which will introduce the new Citadis light rail range to North America and serve as a blueprint for future opportunities in the region. The initial contract is valued at approximately US$5.4 million (C$7.5 million). "We are very pleased to become an OEM supplier to Alstom, one of the world's largest and most prestigious train manufacturers," commented Doug Dyment, Gatekeeper's President and CEO. "The S
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