TORONTO, Jan. 25 /CNW/ - Route1 Inc.(TM) (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.
About Route1 Inc.
Route1 is a 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 connects users to their desktop data, applications and network resources from any Internet-enabled Windows-based PC. Route1's patent-pending solutions meet the stringent security needs and high standards mandated by all levels of government, and have been FIPS 140-2 validated, certified by the CSE and evaluated by ICSA Labs. 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, California, 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) Route1 Inc. All rights reserved. Route1, the Route1 Logo, Mobi,
MobiSecure, Route1 MobiKEY, and Route1 MobiNET are either registered
Trademarks or Trademarks of Route1 Inc. in the United States and or
Canada. All other trademarks and trade names are the property of
their respective owners.