Business
Route1 receives an additional $612,500 on the exercise of warrants
Route1 receives an additional $612,500 on the exercise of warrants.
About this update from Route1 Inc.
[{"type":"text","content":"\n\n\n\nTORONTO, Jan. 25 /CNW/ - Route1 Inc.(TM) (TSX-V:ROI), a trusted provider\nof security and identity management network solutions, today announced that it\nis in receipt of $612,500, through the exercising of 6,125,000 warrants. The\nexercised warrants, which were scheduled to expire in September 2008, were\nexercised by Natcan Investment Management, a subsidiary of National Bank of\nCanada.\n\n\nAbout Route1 Inc.\n\n\nRoute1 is a trusted provider of security and identity management network\nsolutions that are redefining today's workplace. At the heart of Route1's\nsolutions is MobiNET, a communications and service delivery platform focused\non identity management and entitlement-based access to resources. Leveraging\nthe power of MobiNET is the award-winning MobiKEY, an ultra-portable computing\ndevice that connects users to their desktop data, applications and network\nresources from any Internet-enabled Windows-based PC. Route1's patent-pending\nsolutions meet the stringent security needs and high standards mandated by all\nlevels of government, and have been FIPS 140-2 validated, certified by the CSE\nand evaluated by ICSA Labs. As a Company with high regard for intellectual\nproperty, Route1 continues to encourage and nurture innovation across its\ntalented team. Headquartered in Toronto, Route1 is listed on the TSX Venture\nExchange (symbol: ROI) and has offices and agents in New York, California,\nFlorida, the UK, Germany, and Latin America. For more information, visit\nwww.route1.com.\n\n\nThis news release does not constitute an offer to sell or a solicitation\nof an offer to buy any of the securities in the United States. The securities\nhave not been and will not be registered under the United States Securities\nAct of 1933, as amended (the \"U.S. Securities Act\") or any state securities\nlaws and may not be offered or sold within the United States or to U.S.\nPersons unless registered under the U.S. Securities Act and applicable state\nsecurities laws or an exemption from such registration is available.\n\n\nThe TSX Venture Exchange has not reviewed or approved the contents of\n\n\nthis press release and does not accept responsibility for its adequacy or\n\n\naccuracy.\n\n\n(C) Route1 Inc. All rights reserved. Route1, the Route1 Logo, Mobi,\n MobiSecure, Route1 MobiKEY, and Route1 MobiNET are either registered...