TORONTO, Feb. 10 /CNW/ - Route1 Inc. (TSX-V: ROI) announced today that it
has entered into an agreement with Westwind Partners Inc. ("Westwind")
pursuant to which Westwind has agreed to act as exclusive agent, on a best
efforts basis, in connection with a private placement of units or other
securities of Route1.
The private placement is subject to certain conditions, including, but
not limited to, satisfactory due diligence, the execution of an agency
agreement, the execution of subscription agreements with the subscribers and
the receipt of all necessary regulatory approvals.
About Route1 Inc.
Route1 is an innovator in secure, mobile-thin clients. The Company's Mobi
Solution bridges the gap between business agility and data security allowing
individuals and organizations to assuredly support their mobile office,
regulatory compliance, business growth and business continuity needs. Route1's
solution consists of unique mobile devices and software integrated with a
managed secure connectivity service. The Company is listed on the TSX Venture
Exchange (symbol: ROI) with offices in Toronto and New York.
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 the adequacy or
accuracy of this press release.
