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Route1 Inc V.ROI

Alternate Symbol(s):  ROIUF

Route1 Inc. is a technology company that enables its clients with data-centric solutions. It brings security and operations together with real-time actionable intelligence to enhance safety and security, drive profitability and improve operational efficiencies. It is engaged in software development, network operations, and cybersecurity. It provides advanced data in a usable format from video capture technologies to enhance safety and security and improve operational efficiency. Its solutions include enterprise solutions and smart communities. Its AutoVu ALPR (advanced license plate recognition), manages its parking lots with pay-by-plate technologies. Its surveillance and video intelligence technology includes Omnicast, Stratocast, Body-Worn Cameras, In-Car Video and Synergis Access Control. Its Security Center Synergis IP access control connects to third-party access control devices. Its services include advisory and analysis, project management, design and engineering and others.


TSXV:ROI - Post by User

Bullboard Posts
Post by trytomakeabuckon Feb 22, 2012 8:46am
329 Views
Post# 19565471

US Air Force Cancels Ipad Order

US Air Force Cancels Ipad Order

Press release from Marketwire

Route1 Commends U.S. Air Force on their Decision to Cancel iPad2 Tablet Order

 

Wednesday, February 22, 2012

TORONTO, ONTARIO--(Marketwire - Feb. 22, 2012) - Route1 Inc. (TSX VENTURE:ROI) a security and identity management company, today commended the U.S. Air Force Special Operations Command on cancelling its planned acquisition of Apple iPad2 tablet computers last week, two days after receiving a query about the inclusion of Russian developed security and documents reader software specified in procurement documents by NextGov - see article. According to disclosure by the Command, it had planned to acquire iPad2 tablet computers to serve as electronic flight bags, storing digital versions of paper charts and technical manuals.

Yesterday's disclosure highlights the serious risk for a military organization or a small business in working with a mobile computing solution that relies on an organization's data being stored outside of their network. Once outside the network, good data security relies partially on the underlying security of the device the user is using as their remote interface.

Brian Brunetti, President of Route1 Inc. commented, "We commend the U.S. Air Force for having the foresight to cancel their iPad2 order given the security concerns. BYOD to work and mobile computing have the upside of reducing costs and increasing worker flexibility, but there are real and material risks if the appropriate diligence is not performed in establishing security protocols first. We strongly believe that any solution that is based on removing data from behind the organization's firewalls has substantive risk with data integrity."

Mr. Brunetti continued, "We acknowledge that there are use cases where there is no Internet access and as such accessing data may require it go outside of the organization's firewalls. In that case, an organization should consider an architected solution to manage data integrity risk. There is no such thing as perfect security, but simply managing vulnerabilities, especially obvious ones, will increase an organization's success in protecting its most important asset - information."

ABOUT ROUTE1, INC.

Route1 delivers industry-leading security and identity management solutions to enterprises worldwide, such as businesses, government and military, which 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: 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.

© Route1 Inc., 2012. All rights reserved. Route1, the Route1 and shield design Logo, SECURING THE DIGITAL WORLD, Mobi, MobiSecure, Route1 MobiKEY, Route1 MobiVDI, MobiKEY, MobiKEY IBAD, DEFIMNET, MobiNET, Route1 MobiNET, TruOFFICE, TruFLASH, TruOFFICE VDI, MobiKEY Fusion, EnterpriseLIVE, EnterpriseLIVE VO, MobiNET Agent and MobiKEY Classic, 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 DEFIMNET and MobiNET platforms and the MobiKEY, MobiKEY Classic and MobiKEY Fusion devices are protected by U.S. Patents 7,814,216 and 7,739,726, and other patents pending.

FOR FURTHER INFORMATION PLEASE CONTACT:

Ali MahdaviRoute1 Inc.Capital Markets Advisor+1 416-962-3300ali.mahdavi@route1.comwww.route1.com
OR
Media Relations AdvisorJay Morakis+1 212-786-6037jmorakis@jmrworldwide.com

 

 

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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