Press Releases
By Year: 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004
Route1 Enables Remote Access Auditing with MAP Reports Module
TORONTO, ONTARIO – July 15, 2010 - Route1 Inc. (TSXV: ROI), a security and identity management company, today announced that it has released a Reports Module for its MobiNET® administration and provisioning web-based portal (MAP). ...[read more]
Route1 Fully Repays Credit Facility
Following the full repayment of the Facility, Route1’s cash balance is approximately $1.2 million. ...[read more]
Route1 Issued U.S. Patent for the MobiKEY Device
TORONTO, ONTARIO – June 15, 2010 - Route1 Inc. (TSXV: ROI), a security and identity management company, today announced that the United States Patent and Trademark Office has issued Route1’s first patent titled, “Portable Device for Accessing Host Computer via Remote Computer.” ...[read more]
Route1 Offers G20 Promotion to Enable Secure Remote Access
TORONTO — June 9, 2010 — Route1 Inc. (TSXV: ROI) a security and identity management company, today announced a G20 TruOFFICE secure remote access promotion for $1 per day for individuals and organizations requiring remote access to their office during the G20 Summit. ...[read more]
Route1 Provides Update on its Senior Credit Facility
TORONTO — May 31, 2010 — Route1 Inc. (Route1 or the Company) (TSXV: ROI) a security and identity management company, today announced that it has been granted an extension on the repayment of its non-revolving senior credit facility (the Facility) to its lender from May 31, 2010 to July 31, 2010. ...[read more]
Route1 Reports First Quarter Financial Results
TORONTO — May 20, 2010 — Route1 Inc. (Route1 or the Company) (TSXV:ROI) a security and identity management company, today announced its financial results for the three-month period ended March 31, 2010. ...[read more]
U.S. Department of Homeland Security Renews 6,613 Route1 TruOFFICE Subscriptions and Maintenance Agreement
TORONTO — May 19, 2010 — Route1 Inc. (Route1 or the Company) (TSXV: ROI) a security and identity management company, today provided an update on the use of its secure remote access solution for information assurance by the U.S. Government’s Department of Homeland Security, Customs and Border Protection (CBP). ...[read more]
Route1 Announces First Quarter 2010 Financial Results Notification
TORONTO, ONTARIO – May 13, 2010 - Route1 Inc. (Route1 or the Company) (TSXV:ROI) a security and identity management company, today announced that it will report its first quarter financial results for the period ended March 31, 2010, before the market opens on Thursday, May 20, 2010. The Company will hold a conference call to discuss the financial results on the same day at 10:00 a.m. eastern time. ...[read more]
US Navy Reserve Force Orders 400 Route1 MobiKEY Devices
TORONTO, ONTARIO – May 12, 2010 - Route1 Inc. ("Route1" or the “Company”) (TSXV: ROI), a security and identity management company, today announced that The Fleet and Industrial Supply Center (FISC) Norfolk, Contracting Department, Philadelphia Office has procured directly from Route1, 400 MobiKEY Fusion devices and TruOFFICE subscriptions on behalf of the Commander Navy Reserve Forces (RESFOR) in Norfolk, Virginia. The procurement was made in advance of completing the six-month pilot project to deploy the Route1 DEFIMNET® (Defense Identity Management Network) and MobiKEY® Fusion devices to the U.S. Navy Reserve, which was announced on March 2, 2010. ...[read more]
Route1 Announces Expiry of Warrants
TORONTO, ONTARIO – May 10, 2010 - Route1 Inc. ("Route1" or the “Company”) (TSXV: ROI), a security and identity management company, today announced that a total of 32,360,333 warrants (the “Warrants”), issued as part of a private placement announced on October 15, 2007 (the “Offering”), expired on May 7, 2010, following an extension of the expiry date of the Warrants by six (6) months from November 7, 2009.
The Warrants were issued with an exercise price of $0.155 per share and had an original term of twenty-four (24) months. Following the expiration of the Warrants, Route1’s fully diluted number of shares outstanding is 457,363,115. ...[read more]
Route1 Announces Repayment of Final Outstanding Employee Loan
TORONTO, ONTARIO – May 4, 2010 - Route1 Inc. ("Route1" or the "Company") (TSXV: ROI), a security and identity management company, today announced that Jerry S. Iwanski, the Company’s Executive Vice President and Chief Technology Officer, has fully repaid the principal amounts owed to Route1 related to the $77,800 in total advances previously granted under two promissory notes dated June 27, 2005 and December 28, 2007. The Company confirms that there are no further employee loans outstanding and due to the Company. ...[read more]
Route1 Confirms US Government’s Intention to Procure MobiKEY Devices for RESFOR
TORONTO, ONTARIO – May 3, 2010 - Route1 Inc. (TSXV: ROI), a security and identity management company, today confirmed the earlier report by The Fleet and Industrial Supply Center (FISC) Norfolk, Contracting Department, Philadelphia Office that it intends to procure Route1’s MobiKEY devices in support of the Commander Navy Reserve Forces Command (RESFOR) in Norfolk VA. ...[read more]
Route1 Receives Allowance of its U.S. Patent Application for the MobiKEY Device
TORONTO, ONTARIO – April 28, 2010 - Route1 Inc. (TSXV: ROI), a security and identity management company, today announced that the United States Patent and Trademark Office has allowed Route1’s patent application titled, “Portable Device for Accessing Host Computer Via Remote Computer.” Route1 expects its U.S. patent to be issued later this year. ...[read more]
Route1 Announces Repayment of Outstanding Management Loan
TORONTO, ONTARIO – April 19, 2010 - Route1 Inc. ("Route1" or the "Company") (TSXV: ROI), a security and identity management company, today announced that K. Andrew White has fully repaid the principal amount and interest owed to Route1 related to the $85,000 advance previously granted under a promissory note dated January 8, 2008. ...[read more]
Route1 Releases TruOFFICE™ 2.8 with Strengthened Security
TORONTO, ONTARIO – April 13, 2010 - Route1 Inc. (TSXV: ROI), a security and identity management company, today announced the release of TruOFFICE 2.8 with strengthened security and Windows 7 support. ...[read more]
Route1 Announces Stock Option Grant
TORONTO — April 7, 2010 — Route1 Inc. (“the Company” or “Route1”) (TSXV:ROI), the trusted provider of security and identity management network solutions, today announced that a total of 1,000,000 stock options were granted to a consultant of Route1. 500,000 of the stock options are exercisable at $0.13 per share and 500,000 stock options are exercisable at $0.15 per share, representing a 115 percent premium to the closing price of the Company's shares on the TSX Venture Exchange on April 6, 2010. The grant is subject to regulatory approval. ...[read more]
Route1 Reports Fourth Quarter and Full Year 2009 Financial Results
TORONTO — April 7, 2010 — Route1 Inc. (“the Company” or “Route1”) (TSXV:ROI), the trusted provider of security and identity management network solutions, today announced its financial results for the three-month and twelve-month periods ended December 31, 2009. ...[read more]
Route1 Fourth Quarter and Full Year 2009 Financial Results Conference Call
TORONTO — April 5, 2010 — Route1 Inc. (“the Company” or “Route1”) (TSXV:ROI), a security and identity management company, announced today that it will report its fourth quarter and full year 2009 financial results for the period ended December 31, 2009, before market open on Wednesday, April 7, 2010. The Company will also hold a conference call to discuss the financial results on the same day at 10:00 a.m. EST. ...[read more]
Cormark Selects Route1 TruOFFICE for Secure Remote Access
TORONTO, ONTARIO – March 25, 2010 - Route1 Inc. (TSXV: ROI), a security and identity management company, today announced that Cormark Securities Inc. (“Cormark”), a leading independent investment dealer, selected the Route1 TruOFFICE™ solution to enable secure remote access, prevent data leakage, and plan for business continuity. ...[read more]
Route1 Announces Stock Option Grant
TORONTO, ONTARIO – March 25, 2010 - Route1 Inc. (Route1) (TSXV: ROI), a security and identity management company, today announced that a total of 12,525,000 stock options to purchase common shares of Route1 were granted to employees, officers and a director of Route1 on March 24, 2010 at an exercise price of $0.13 per share, expiring on March 24, 2015. The grant is subject to regulatory approval. ...[read more]
Route1 Selected by U.S. Navy to Pilot DEFIMNET® and MobiKEY® Fusion
TORONTO, ONTARIO – March 2, 2010 - Route1 Inc. (TSXV: ROI), a security and identity-based services company, today announced that it has been selected to participate in a six-month pilot project to deploy the Route1 DEFIMNET® (Defense Identity Management Network) and MobiKEY® Fusion devices to the U.S. Navy Reserve. ...[read more]
Route1 Announces Commercial Availability of MobiKEY Fusion
SAN FRANCISCO, CALIFORNIA – March 2, 2010 - Route1 Inc. (TSXV: ROI), a security and identity-based services company, today announced the commercial availability of the Route1 MobiKEY® Fusion identity validation device. ...[read more]
Route1 Announces Stock Option Grant
TORONTO, ONTARIO – March 1, 2010 - Route1 Inc. (Route1) (TSXV: ROI), a security and identity-based services company, today announced that, as part of its management changes and compensation review, a total of 9,500,000 stock options were granted to an officer and a consultant of Route1. 5,250,000 of the stock are exercisable at $0.10 per share, representing a 154 percent premium to the closing price of Route1's shares on the TSX Venture Exchange on February 26, 2010. The remaining 4,250,000 stock options are exercisable at $0.15 per share, representing a 231 percent premium to the closing price of the Corporation's shares on the TSX Venture Exchange on February 26, 2010. ...[read more]
Route1 Closes Non-Brokered Private Placement of 38 Million Units for Proceeds of CDN$1.9 Million
Route1 Provides Update on Bank Debt Repayment
TORONTO, ONTARIO – February 26, 2010 - Route1 Inc. (TSXV: ROI), a security and identity-based services company, today announced the closing of a non-brokered private placement of 38,000,000 units (Units) at $0.05 per Unit (the Unit Price) for aggregate proceeds of CDN$1,900,000 (the Offering) to Route1. Each Unit is comprised of one common share and one common share purchase warrant of Route1 (a Warrant). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of $0.15 per common share for a period of 60 months (the Expiry Date) following the closing date. ...[read more]
Route1 Provides Management Update
TORONTO, ONTARIO – February 26, 2010 - Route1 Inc. ("Route1" or the "Company") (TSXV: ROI), a security and identity-based services company, today announced the appointment of Tony P. Busseri as president and chief executive officer of Route1 effective immediately. ...[read more]
Route1 Announces Correction to Previously Granted Stock Options Based on TSX Venture Exchange Review
TORONTO, ONTARIO - January 28, 2010 - Route1 Inc. ("Route1" or the "Company") (TSX VENTURE:ROI), a security and identity-based services company, today took action to correct previously granted stock options to directors, officers and employees. A review by the TSX Venture Exchange found that approximately 10,000,000 stock options granted between April 27, 2006 and the Company's most recent annual meeting held on September 24, 2009 were granted below the minimum exercise price allowable by the policies of the TSX Venture Exchange or were not publicly disclosed. ...[read more]
Route1 Announces TruOFFICE™ 2.8 with Strengthened Security
Compatible with Microsoft® Windows 7 Operating System
TORONTO, ONTARIO – January 21, 2010 - Route1 Inc. (TSX VENTURE: ROI), a security and identity-based services company, today announced software enhancements to its MobiNET® Services, including AES 256 (Advanced Encryption Standard) for encrypted data communications. TruOFFICE 2.8, to be released on April 13, 2010, will also strengthen the certificate keys to 2048 bits for commercial solutions and support customers using TruOFFICE to connect to Microsoft Windows 7 desktops. ...[read more]
Route1 Provides Reseller Agreement Update
TORONTO, ONTARIO – January 11, 2010 - Route1 Inc. ("Route1" or the "Company") (TSX VENTURE: ROI), a security and identity-based services company, today provided an update on the status of the Company’s exclusive supplier arrangement with a U.S. based provider of telecommunication and data communication products, services, systems, and solutions for the U.S. Federal Government (the “Reseller”). ...[read more]
