G&D and Route1 will offer a portfolio of solutions based on G&D's
StarSign family of products and Route1's MobiNET subscription-based
services
MUNICH and TORONTO, Sept. 24 /CNW/ - Giesecke & Devrient (G&D), a leading global provider of banknotes, ID documents, and smart card solutions, and Route1 Inc. (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(R) product family for e-identity tokens.
G&D is a security technology company that has set worldwide standards in this field from the beginning. Through intensive research and development work, G&D has continued to lead the way into the research and development of new, successful, and future-oriented solutions in the security arena. G&D's desire to implement Route1's technology into its family of products is based on Route1's patent-pending MobiNET(TM) platform. The agreement between Route1 and G&D will see the integration of both companies' solutions initially targeting the private and public sectors and financial institutions.
ABOUT GIESECKE & DEVRIENT
Giesecke & Devrient (G&D), based in Munich, Germany, is an international technology group operating subsidiaries and joint ventures throughout the world. Founded in Leipzig in 1852, G&D began as a printer of securities, and later specialized in banknote production. The company has been developing solutions and complete systems for automatic currency processing since 1970. Today, G&D is also a technology leader in smart cards, and a solutions provider in a wide range of fields, including telecommunications, electronic payments, identification, health, transportation, and IT security (PKI). In fiscal 2006, the Group employed close to 8,300 people and generated revenue of almost EUR 1.3 billion.
For more information, visit our Web site at www.gi-de.com.
ABOUT ROUTE1 INC.
Route1 is the trusted provider of security and identity management network solutions that are redefining today's workplace. At the heart of Route1's solutions is MobiNET, a communications and service delivery platform focused on identity management and entitlement-based access to resources. Leveraging the power of MobiNET is the award-winning MobiKEY, an ultra-portable computing device that securely connects users to the myriad of MobiNET services from any Internet-enabled Windows-based PC. This patent-pending computing solution is embedded on a smart-card enabled, cryptographic USB device, making it one of the most powerful and easy-to-use secure computing solutions available today. Combined with TruOFFICE, Route1's secure, remote access service, MobiKEY enables users to connect to their desktop data, applications and network resources. Route1's patent-pending solutions, based on FIPS-140-2 cryptographic modules, meet the stringent security needs and high standards mandated by all levels of government. They have been evaluated by ICSA Labs and certified by the CSE. As a Company with high regard for intellectual property, Route1 continues to encourage and nurture innovation across its talented team. Headquartered in Toronto, Route1 is listed on the TSX Venture Exchange (symbol: ROI) and has offices and agents in New York, Florida, the UK, Germany, and Latin America. For more information, visit www.route1.com.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The TSX Venture Exchange has not reviewed or approved the contents of
this press release and does not accept responsibility for its adequacy or
accuracy.
(C) 2007 All rights reserved. Route1, the Route1 Logo, Mobi, Route1
MobiKEY, Route1 TruOFFICE, and Route1 MobiNET are either registered
Trademarks or Trademarks of Route1 Inc. in the United States and or
Canada. The Giesecke & Devrient, Giesecke & Devrient logo, and
StarSign are trademarks of Giesecke & Devrient. Other product or
service names mentioned herein are the trademarks of their respective
owners. All other trademarks and trade names are the property of
their respective owners.
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