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direct/ Gatekeeper Systems, Inc. Expands Line by Acquiring Trolley Coin Lock Business

05-29-2007 05:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Gatekeeper Systems, Inc.

MUNDOLSHEIM, FRANCE -- (MARKET WIRE) -- May 29, 2007 -- Gatekeeper Systems SAS, the European subsidiary of California-based Gatekeeper Systems, Inc., announces its expansion with the acquisition of the coin lock and integrated advertising handle product lines from the world´s second largest manufacturer, Valencia, Spain-based Hipersystems, S.I.

Included in the acquisition were System Park and SystMetal, trolley coin locks, as well as SystConfort, a line of ergonomic, integrated trolley advertising handles. The integration of these products further aids in the growth strategy which offers a diverse selection of trolley products to retailers.

The System Park and SystMetals´ key competitive advantage of superior durability and a low life cost were pivotal in Gatekeeper´s decision to acquire the lines. Retailers using the systems reported they were pleased with the effectiveness and the systems´ rapid return on investment.

SystConfort combines the coin lock system with an ergonomically, customer friendly trolley handle that improves comfort and trolley control and allows advertisements to be displayed. This out of the box thinking for the basic trolley affords consumers an easy to grip handle that offers superior comfort and ultimately an enhanced shopping experience. In addition, the handle provides retailers a point of differentiation from other retailers.

"The acquisition of this high quality range of products is an important step in the growth of our European business. Gatekeeper looks forward to supporting our new customers, while introducing this new line around the world," commented Stephane Dedieu, General Manager for Gatekeeper´s international operations.

"The Hipersystems line of products will allow Gatekeeper to further its already extensive line of trolley related solutions. The industry leading solutions will further enhance our trolley management and containment line by helping to decrease customer operation costs while increasing safety in parking lots," continued Mr. Dedieu.

About Gatekeeper Systems

Gatekeeper Systems is a leading provider of intelligent trolley solutions for retailers to prevent cart loss, merchandise theft, and to maintain high customer service and environmental standards. Gatekeeper´s solutions are used by major retailers in the US, Europe and the Middle and Far East. The company´s shares are listed on the London Stock Exchange´s Alternative Investment Market (AIM) under the symbol GKR.

For more information or to learn more about Gatekeeper Systems cart technologies please visit www.gatekeepersystems.com.

Gatekeeper Systems SAS
1 Rue Thomas Edison
67450 Mundolsheim, France

Contact:

Stephane Dedieu
Tel: +33388327801
Fax: +33388222954
Email: sdedieu@gatekeepersystems.com

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