ROI.V HOD at 27% ... check the PR - this group is not small time.
Route1 Concludes Agreement With Giesecke & Devrient (G&D)
Thursday April 17, 12:00 pm ET
G&D and Route1(R) will offer a portfolio of solutions based on G&D's StarSign(R) family of products and Route1's MobiNET subscription-based services
MUNICH, GERMANY and TORONTO, ONTARIO--(Marketwire - April 17, 2008) - Giesecke & Devrient (G&D), a leading global provider of banknotes, ID documents, and smart card solutions, and Route1 Inc. (TSX VENTURE:ROI - News), the trusted provider of security and identity management network solutions, today announced the execution of a collaborative agreement to develop and market devices utilizing Route1's MobiNET(TM) platform. MobiNET is Route1's communications and service delivery platform focused on identity management and entitlement-based access to resources.
The new Route1 MobiKEY(TM) was demonstrated in the Route1/G&D booth at the 2008 RSA Conference, held in San Francisco from April 7 - 11. The presentation featured Route1's TruOFFICE(TM) service for secure remote access, and PurLINK(TM) service for secure web access. It showcased the ability to deliver Route1 services and solutions, powered by MobiNET, on a variety of G&D's form-factors within the StarSign family, including the StarSign Mobility Token and the StarSign USB Token microSD.
"This is an exciting foray into new security services," said Dr. Kai Grassie, Senior Vice President of Giesecke & Devrient, "and we are very pleased that Route1 has chosen G&D's latest StarSign technology to ensure security and mobility for the extension of their product offering."
Licenses to Route1's software-based subscription services will be marketed, distributed, and sold through G&D's worldwide sales force and value added resellers in addition to Route1's current sales channels. The new MobiKEY form-factors, including MobiMICRO(TM) will broaden Route1's reach into Financial Services, Government, Healthcare, Telecommunications and private sector organizations.
"The collaborative efforts shown by both companies have resulted in best-in-class technology, delivered on best-of-breed hardware", said Andrew White, Route1's President and CEO. "What we have demonstrated to date is the first in a long line of products and services to be developed, marketed, and sold worldwide."
The new MobiKEY devices and form-factors are expected to ship in early 'Q3, 2008.
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 digital landscape. 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. MobiKEY provides secure remote access to data, applications, network resources, and web content with services such as TruOFFICE and PurLINK. 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). For more information, visit www.route1.com.
This news release, required by applicable Canadian laws, and 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.
Certain statements in this press release may contain words such as "could", "expects", "may", "anticipates", "believes", "intends", "estimates", "targets", "envisions", "seeks" and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Route1's current expectations, estimates, forecasts and projections about the operating environment, legal environment, economies and markets in which Route1 operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. Unless otherwise required by applicable securities laws, Route1 disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
©2008 All rights reserved. Route1, the Route1 Logo, Mobi, Route1 MobiKEY, Route1 TruOFFICE, Route1 PurLINK, Route1 EnterpriseLIVE, 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.
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.
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