Route1 Announces OEM Distribution Agreement with Novatel Wireless
Route1's Subscription-based Services to be Integrated into Novatel's 3G Product Line
TORONTO, Oct. 10 - Route1 Inc. (TSX-V:ROI), a leading global provider of security and identity management solutions today announced they have entered into an OEM Distribution Agreement with Novatel Wireless, a leading global provider of 3G wireless broadband access solutions. Route1's subscription-based services, including TruOFFICE(TM), will be integrated into the Novatel Wireless product line of next generation wireless modems.
When introduced later this year, Novatel Wireless ultra compact USB modems with TruOFFICE will be the first devices of their kind, enabling users to gain secure access to their data and software applications from anywhere in the world. TruOFFICE empowers today's highly mobile workforce with an unparalleled level of security and ease of use. It also ensures corporate regulatory compliance, and provides organizations with highly robust disaster recovery and business continuity solutions.
Initially, Route1's subscription-based services will be available on the Novatel Wireless MC-727 EV-DO Rev. A and MC-950D HSDPA/HSUPA ultra compact USB modems. The integration of Route1's MobiNET(TM) service delivery platform is expected to be expanded across the entire Novatel Wireless product line in the future. Novatel Wireless and Route1 will collaborate on future MobiNET subscription-based services leveraging Novatel Wireless' leading-edge technologies such as GPS.
"Our agreement with Novatel Wireless provides Route1 with a significant opportunity to rapidly increase our subscription base, without incurring the expense historically associated with subscriber acquisition costs. Ultimately, the result is improved margins for Route1," said Andrew White, Route1's President and CEO. "This agreement is a natural extension of the multi-tier distribution strategy that we adopted last year. Partnering with industry leaders, like Novatel Wireless, puts our products and services in front of the largest number of potential target customers, in the shortest possible time."
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.
Source: Route1 Inc.
CONTACT:
Route1 Inc.
Anthony Rzepka
Executive Vice President & Chief Financial Officer
T: (416) 848-8391
E: ir@route1.com
Genoa Management (for Route1)
Amir Nayeri
T: (416) 962-3300
E: anayeri@genoa.ca
