Business
Route1 Reports 2007 Third Quarter Results
TORONTO, Nov. 28 /CNW/ - Route1 Inc.(TM) (TSX-V:ROI), the trusted provider of security and identi...
About this update from Route1 Inc.
[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 28 /CNW/ - Route1 Inc.(TM) (TSX-V:ROI), the trusted\nprovider of security and identity management network solutions, today\nannounced its 2007 Third Quarter financial results as at and for the three and\nnine months ended September 30, 2007.\n\n\nBusiness Highlights\n-------------------\nDuring and subsequent to the third quarter of fiscal 2007, Route1\nannounced the following significant developments:\n\n- Route1 reached significant milestones in the third quarter of fiscal\n 2007, including new product releases, OEM opportunities, and the\n refocusing of the sales strategy.\n- The Company's participation at Coalition Warrior Interoperability\n Demonstration (CWID) exceeded all expectations, and led the way for\n future pilots, further testing, and strong interest in its suite of\n defense and space products and solutions.\n- Jeffrey Denberg joined Route1 as its newly appointed Senior Vice\n President of Sales, and has repositioned the company's go-to-market\n sales strategy. Under Jeff's guidance, Route1 has positioned its\n Channel to address the burgeoning SMB market, while Route1's core\n sales team focuses on OEM, Enterprise, Government, and Military\n accounts.\n- Route1 announced two significant OEM (original equipment\n manufacturer) type relationships. The first was with Novatel\n Wireless, a leading global provider of 3Gwireless broadband access\n solutions. This agreement will see the integration of Route1's\n subscription-based services, including TruOFFICE(TM), into the\n Novatel Wireless product line of wireless modems. The second was with\n Giesecke and Devrient (G&D), the leading global provider of\n banknotes, ID documents, and smart card solutions, and will enable\n Route1's suite of identity management subscription services, such as\n PurLINK, to be integrated into G&D's StarSign(R) product family of\n identity tokens.\n- Route1 also announced the availability of its high assurance\n identity-based access products and services focused on securing web\n content. EnterpriseLIVE is Route1's family of high assurance\n platforms built for Financial Services, Military, Government,\n Telecommunication Service Providers, and Web 2.0 communities to\n secure systems and digital content. PurLINK, Route1's PKI-based\n authentication service, enables end-users to access and navigate web\n con...