Route1 Inc.

Route1 Inc.

October 05, 2010 08:00 ET

Route1 Names Fox-IT as Sales, Hosting and Security Solutions Provider for EU Countries

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2010) - Route1 Inc. (TSX VENTURE:ROI) ("Route1" or the "Company"), a digital security and identity management company, today announced it has signed a Co-Venture Agreement with Fox Crypto B.V. of Delft, The Netherlands, ("Fox-IT") under which Fox-IT is granted the non-exclusive right to be the Company's independent information technology security solutions provider for the Netherlands and other countries in the European Union. The agreement's initial term is for a period of five years.

Additional key terms to the agreement are:
  • Fox-IT will market and sell Route1's TruOFFICE® application software and MobiKEY® device.
  • Route1 will build a MobiNET® platform that will be installed within a Fox-IT high assurance data center once Fox-IT meets certain criteria.
  • Fox-IT will provide Tier I support services to end users and Route1 will provide support to Fox-IT.
  • Route1 will grant Fox-IT the exclusive right to market and sell Route1's TruOFFICE® application software and MobiKEY® device in the Netherlands for a minimum period of 18 months.
  • Route1 and Fox-IT will revenue-share.

"Fox-IT is a highly trusted party by the Government of the Netherlands for the security of their digital communications," said Tony Busseri, President and Chief Executive Officer, Route1 Inc. "We believe the co-venture agreement with Fox-IT will open significant new opportunities for Route1 in the Netherlands and Europe."

"I am truly impressed with the Route1 technology. Thanks to this partnership, Fox-IT can provide an excellent answer to our customers' increasing demand for secure remote work spaces," said Ronald Prins, CEO and co-Founder of Fox-IT. "I am convinced that by hosting Route1's industry-leading MobiNET® platform we can meet the level of security our government customers require."

The MobiNET® platform is a universal identity management and service delivery platform that confirms the identities of individual users and their entitlement to access specific data. It is driven by the identity of the person, not the remote device they are using. Consistent and accurate identification of the individual or the entity - authentication using a MobiKEY® device - significantly reduces the burden of securing access. Since authentication is inherently addressed by the MobiNET® platform, IT managers can focus instead on what individuals are authorized to access – where they can go within the network and what they can do there. Organizations can ensure the integrity of their data, and authorize and facilitate secure connections between individuals and their digital resources from anywhere in the world.

The MobiNET® platform combines the strength of a Public Key Infrastructure solution with the trust and flexibility of multi-factor authentication, meeting the stringent security mandates and policies established by governments, defense organizations and commercial enterprises.

Route1 TruOFFICE® is secure remote access application software. It uses identity management and entitlement-based access to reliably connect remote users to their workspace (office computer, desktop and digital applications) from any location in the world.


Route1 delivers industry-leading security and identity management solutions to corporations and government agencies who need universal, secure access to all digital resources and sensitive data. These customers depend on The Power of MobiNET® - Route1's communications and service delivery platform. MobiNET® provides identity assurance and individualized access to networks and data. Route1's patented solutions are based on FIPS-140-2 cryptographic modules, and simplify the process of meeting increasingly stringent regulatory requirements for privacy and security. Headquartered in Toronto, Canada, Route1 is listed on the TSX Venture Exchange. For more information, visit our website at:


Fox-IT specializes in cyber defense, IT Security, lawful interception and digital forensics solutions, providing completely secure, easy-to-use and automated products for data transport, interpretation and archiving to dozens of government defense and intelligence agencies, systems integrators and commercial organizations worldwide. Fox-IT solutions maintain the security of government systems up to "state secret level" sensitivity, critical infrastructure and process control networks and other highly confidential data. The company also provides services including IT security audits, digital forensic investigations, training programs and managed security services. Established in 1999, Fox-IT is based in the Netherlands and works with trusted partners in more than 20 countries.

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.

©2010 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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