Press Releases
Route1 Reports 2007 Third Quarter Results
TORONTO – November 28, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced its 2007 Third Quarter financial results as at and for the three and nine months ended September 30, 2007. ...[read more]
Route1 Announces Closing of $7.8 Million Private Placement
TORONTO – November 7, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced that it has completed its private placement offering, announced on October 15, 2007, of 64,720,666 units ("Units") at a price of $0.12 per Unit for total gross proceeds of $7,766,480. Each Unit is comprised of one (1) common share and one-half (0.5) common share purchase warrant(a "Warrant"). Each whole Warrant is exercisable into one common share at a price of $0.155 per share for a period of 2 years from the date of closing. ...[read more]
Route1 prices brokered private placement
Not for distribution to U.S. news services or for dissemination in the United States
TORONTO – October 29, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, announced today that it has priced its previously announced brokered private placement. Pursuant to the offering, the Company will issue and sell, on a best efforts basis, up to 83,333,333 Units at an issue price of $0.12 per unit. Each Unit will be comprised of one (1) common share and one-half (0.5) of one common share purchase warrant of the Company, with each whole common share purchase warrant being exercisable to acquire one common share of the Company at an exercise price of $0.155 per share for a period of two (2) years following the closing of the offering. The offering will be conducted through a syndicate of agents led by Raymond James Ltd. and including GMP Securities L.P. and Laurentian Bank Securities Inc. The closing of the offering is expected to occur on or about November 6, 2007. ...[read more]
Route1 Launches PurLINK Service on the EnterpriseLIVE Platform
TORONTO — October 22, 2007 — Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced the availability of its high assurance identity-based access products and services focused on securing web content. The PurLINK™ service enables organizations to authenticate users and provide entitlement-based access to online systems secured by EnterpriseLIVE™. ...[read more]
Route1 announces brokered private placement of up to $10 million
TORONTO – October 15, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, announced today that the Company intends to raise up to $10 million in a brokered private placement of common shares. The offering will be conducted through a syndicate of agents led by Raymond James Ltd. and including GMP Securities L.P. and Laurentian Bank Securities Inc. The closing of the offering is expected to occur on or about October 30, 2007. ...[read more]
Route1 Announces OEM Distribution Agreement with Novatel Wireless
Route1's Subscription-based Services to be Integrated into Novatel's 3G Product Line
TORONTO — October 10, 2007 — Route1 Inc. (TSX-V:ROI), a leading global provider of security and identity management solutions today announced they have entered into an OEM Distribution Agreement with Novatel Wireless, a leading global provider of 3Gwireless broadband access solutions. Route1's subscription-based services, including TruOFFICE™, will be integrated into the Novatel Wireless product line of next generation wireless modems. ...[read more]
Giesecke & Devrient (G&D) and Route1 pursue OEM Distribution Agreement
G&D and Route1 will offer a portfolio of solutions based on G&D's Star Sign family of products and Route1's MobiNET subscription-based services
MUNICH and TORONTO — September 24, 2007 — Giesecke & Devrient (G&D), a leading global provider of banknotes, ID documents, and smart card solutions, and Route1Inc. (TSX-V:ROI), a leading global provider of security and identity management solutions today announced they have entered into a Letter of Intent (LOI) to conclude an OEM Distribution Agreement by the end of October 2007 enabling Route1's suite of identity management subscription services to be integrated into G&D's StarSign® product family fore-identity tokens. ...[read more]
Route1 Reports 2007 Second Quarter Results
TORONTO – August 16, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced its 2007 Second Quarter financial results as at and for the three and six months ended June 30, 2007. ...[read more]
Route1 Appoints New Senior Vice President of Sales
TORONTO – July 24, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced that Jeffrey Denberg will be joining the company's management team as Senior Vice President of Sales. ...[read more]
Route1 Technology Commands Attention at CWID
TORONTO – July 9, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced that recent Coalition Warrior Interoperability Demonstration (CWID) trials exceeded all expectations, and have led the way for pilots, further testing, and extreme interest in its suite of defense and space products and solutions. ...[read more]
Route1 initiated with 'strong buy'
NEW YORK, June 13 (newratings.com) - Analysts at Fraser Mackenzie initiate coverage of Route1 Inc (ticker: ROI) with a "strong buy" rating. The 12-month target price is set to $0.50. ...[read more]
Route1 Reports 2007 First Quarter Results
TORONTO – May 24, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced its 2007 First Quarter financial results as at and for the three months ended March 31, 2007. ...[read more]
Route1 to Release First Quarter 2007 Financial Results and Hold Investor Conference Call on Thursday, May 24th
TORONTO - May 17, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced that it will release its first quarter fiscal 2007 financial results as at and for the three months ended March 31, 2007 on Thursday May 24, 2007 before the financial market opens. Following the release, Route1 will host a conference call at 10:00AM EST the same day. Andrew White, President and CEO; Anthony Rzepka, CFO; and Mike Larkin, SVP of Worldwide Sales will review the quarter-end results and respond to questions during the call. ...[read more]
Route1 Reports 2006 Fiscal Year Results
TORONTO – April 26, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced its 2006 Fiscal Year and Fourth Quarter financial results for the period ended December 31, 2006. ...[read more]
Route1 Announces Conference Call for 2006 Year-End Financial Results
TORONTO - April 19, 2007 - Route1 Inc.™ (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced that it will release its fiscal 2006 financial results for the period ending December 31, 2006 on Thursday April 26, 2007 before the financial market opens. Following the release, Route1 will host a conference call at 10:00AM EST the same day. Andrew White, President and CEO; Anthony Rzepka, CFO; and Mike Larkin, SVP of Worldwide Sales will review the year-end results and respond to questions during the call. ...[read more]
Butler Group Acknowledges Route1 Innovation in Remote Access Market
TORONTO — April 02, 2007 — Route1 Inc. (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced that the Butler Group has completed an independent technology audit of the Route1 MobiKEY™, with TruOFFICE™. In its evaluation, the Butler Group considers Route1's technology to be market leading, and anticipates it to gain rapid traction with users due to the benefits it delivers. ...[read more]
Route1 Positions MobiKEY for growth with additional services
TORONTO, Canada and HANNOVER, Germany — March 15, 2007 — CeBIT 2007 (Booth #A20n) Route1 Inc. (TSX-V:ROI), the trusted provider of security and identity management network solutions, today announced the launch of Route1 TruOFFICE™, the first in a series of services powered by MobiNET™. Additional secure services will include web-based applications, VoIP, Digital Rights Management, and custom third-party applications. ...[read more]
Route1 Appoints New Chief Financial Officer
TORONTO - February 19, 2007 - Route1 (TSX-V:ROI), a trusted provider of security and identity management network solutions, today announced that Anthony F. Rzepka, C.A., has joined the company's management team as Chief Financial Officer. Rzepka takes over this role from John Denham, who leaves Route1 to pursue other interests. ...[read more]
Route1 Announces Changes to its Board of Directors
TORONTO - February 12, 2007 - Route1 (TSX-V:ROI), a trusted provider of security and identity management network solutions, today announced changes to the composition of its board of directors. John Denham, Edward Boyd and Tim Hyland resigned from the board. Joining the board effective immediately to fill these vacancies, and as independent directors, will be Brian W. Jamieson, Dean Peloso and Robert J. Tweedy. ...[read more]
Route1 Unveils New MobiNET Aggregation Gateway
SAN FRANCISCO - February 06, 2007 - RSA Conference 2007 (Booth #2246) Route1 (TSX-V:ROI), a trusted provider of security and identity management network solutions, today announced the MobiNET Aggregation Gateway (MAG). MAG is a sophisticated appliance-based solution that provides enterprises subscribing to Route1 MobiNET-enabled services, such as remote access, with greater manageability of data traffic that flows across the network. ...[read more]
Route1 receives an additional $612,500 on the exercise of warrants
TORONTO - January 24, 2007 Route1 (TSX-V:ROI), a trusted provider of security and identity management network solutions, today announced that it is in receipt of $612,500, through the exercising of 6,125,000 warrants. The exercised warrants, which were scheduled to expire in September 2008, were exercised by Natcan Investment Management, a subsidiary of National Bank of Canada. ...[read more]
Route1 raises $1.3 million on the exercise of warrants
Natcan increases investment to hold 12.9 percent
TORONTO - January 18, 2007 Route1 (TSX-V:ROI), a trusted provider of security and identity management network solutions, today announced that it has raised $1,291,677 million from the exercise of 8,333,000 common share purchase warrants at a price of $0.155 per share. The warrants, which were scheduled to expire in 14 months, were exercised by Natcan Investment Management, a subsidiary of National Bank of Canada. Following the exercise of the warrants, Natcan will hold 32,194,200 common shares in Route1 representing 12.9 percent of the 250,041,016 common shares issued and outstanding. ...[read more]
IT Weapons to Offer Business Continuity and Disaster Recovery Solution Powered by Route1 MobiNET
TORONTO - January 16, 2007 Route1 Inc. (TSX-V:ROI) today announced that IT Weapons Inc., a trusted integrator and services provider for corporate customers, has white-labeled the Route1 MobiKEY. The secure, identity managed computing solution will be offered as IT Weapons, powered by MobiNET as part of a remote access solution for business continuity. IT Weapons has purchased 1,000 MobiKEYs, which will be sold to its customers across Canada. ...[read more]
Route1 Launches MobiKEY Administration and Provisioning Portal
TORONTO - January 11, 2007 - Route1 (TSX-V:ROI), a trusted provider of security and identity management network solutions, today announced the MobiKEY Administration and Provisioning portal (MAP). MAP is designed to provide enterprises with greater control over user access to network applications and resources with the Route1 MobiKEY, an ultra-portable computing device that securely connects users to desktop and network resources from any Internet-enabled Windows-based PC. ...[read more]
Citrus and Chemical Bank Deploys Route1 MobiKEY for Secure Resource Access and Business Continuity Planning
TORONTO - January 10, 2007 - Route1 (TSX-V:ROI), today announced that Citrus and Chemical Bank has deployed the Route1 MobiKEY to ensure its employees have fully encrypted, secure remote access to desktop and network resources. While initially purchased from Route1 as part of the bank's business continuity plan in the event of employee illness, a pandemic or other unforeseen event, award-winning MobiKEY also provides key banking personnel and commercial loan officers with a highly secure way to access desktop computers and the corporate network when away from the office. ...[read more]
Nerds On Site to Offer Secure Remote Access Solution Powered by Route1 MobiNET
TORONTO -January 9, 2007 Route1 (TSX-V:ROI), today announced that Nerds On Site, a provider of IT support and services to small and medium-sized businesses, has white-labeled the Route1 MobiKEY. Nerds On Site will offer the secure, identity managed network solution as Nerd-Secure, powered by MobiNET and will extend free, 15-day trials to the thousands of business customers it serves across North America. Route1 sold 1,000 MobiKEYs to Nerds On Site in late December, with the IT support and services company projecting sales of 5,000 Nerd-Secure units in 2007. ...[read more]