Route1 Inc (PK) (ROIUF)

Route1 Inc. Adopts Shareholder Rights PlanJune 10, 2026 6:10 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / June 10, 2026 / Route1 Inc. ("Route1" or the "Company") (TSXV:ROI), a provider of technology-enabled services focused on parking operations, public safety, and mobility, is pleased to announce that it has adopted a shareholder rights plan (the "Rights Plan") effective as of June 10, 2026 (the "Effective Date").The Rights Plan has been adopted with a view to ensuring, to the extent possible, that all shareholders of the Company are treated fairly in connection with any takeover bid for the Company.Pursuant to the Rights Plan, one right (the "Right") attaches to each common share of the Company issued and outstanding from time to time. Subject to the terms of the Rights Plan, the Rights become exercisable in the event that any person, (together with any affiliates, associates and persons acting in concert, as applicable (the "Related Parties") becomes a beneficial holder of 20% or more of the Company's outstanding common shares without complying with the "Permitted Bid" provisions pursuant to the Rights Plan. In such circumstances holders of the Rights (other than the acquiring person and its Related Parties) will be permitted to exercise their Rights and purchase additional common shares of the Company at a substantial discount to the then market price of the Company's shares. The Rights Plan does not prohibit interested parties from proceeding with an unsolicited take-over bid in accordance with applicable Canadian securities laws.While the Rights Plan is effective immediately, it is subject to (i) execution by Computershare Investor Services Inc., the proposed rights agent, (ii) ratification by the Company's shareholders within six months of its adoption and (iii) regulatory acceptance. A summary of the principal terms of the Rights Plan will be included in the management information circular for the meeting to be held within six months to ratify the Rights Plan which will be sent to all of the Company's shareholders as of the applicable record date for such meeting and a complete copy of the Rights Plan will be available under the Company's profile on SEDAR+ at www.sedarplus.com. If the Rights Plan is not approved by the shareholders within six months of the Effective Date it, together with the outstanding Rights, will terminate and cease to be effective.About Route1 Inc.
Route1 Inc. is an advanced North American technology company that empowers their clients with data-centric solutions necessary to drive greater profitability, improve operational efficiency and gain sustainable competitive advantages, while always emphasizing a strong cybersecurity and information assurance posture. Route1 delivers exceptional client outcomes through real-time secure delivery of actionable intelligence to decision makers. Route1 is listed in Canada on the TSX Venture Exchange under the symbol ROI. For more information, visit: www.route1.com.For More Information, Contact:
Tony Busseri
President and Chief Executive Officer
+1 480 578-0287
tony.busseri@route1.comThis news release, required by applicable Canadian laws, 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.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.© 2026 Route1 Inc. All rights reserved. No part of this document may be reproduced, transmitted or otherwise used in whole or in part or by any means without prior written consent of Route1 Inc. See https://www.route1.com/terms-of-use/ for notice of Route1's intellectual property.This news release may contain statements that are not current or historical factual statements that may constitute forward-looking statements or future oriented financial information. These statements are based on certain factors and assumptions, including expectations regarding the granting of the patent and the terms thereof, the launch date of "Mr. Parking", the results of development and testing, market trends and the continuation of such trends, the expected growth in the value of support contracts for the LPR business, competition for skilled personnel, expected financial performance and subscription-based revenue, business prospects, technological developments, development activities and like matters. While Route1 considers these factors and assumptions to be reasonable, based on information currently available, they may prove to be incorrect. These statements involve risks and uncertainties, including but not limited to the market demand for the Company's products and services and risk factors described in reporting documents filed by the Company. Actual results could differ materially from those projected as a result of these and other risks and should not be relied upon as a prediction of future events. The Company undertakes no obligation to update any forward-looking statement or future-oriented financial information to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by law. Estimates used in this presentation are from Company sources. Past or forecasted performance is not a guarantee of future performance and readers should not rely on historical results or forward-looking statements or future oriented financial information as an assurance of future results.#SOURCE: Route1, Inc.View the original press release on ACCESS NewswireOriginal: Route1 Inc. Adopts Shareholder Rights Plan

Route1 Reports Q1 2026 Results and Continued Expansion of Recurring Operational EngagementMay 14, 2026 5:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / May 14, 2026 / Route1 Inc. ("Route1" or the "Company") (TSXV:ROI), a provider of technology-enabled services focused on parking operations, public safety, and mobility, today announced its financial results for the three-month period ended March 31, 2026.Q1 2026 represented another important operational quarter for Route1 as the Company continued executing against its long-term strategy of expanding recurring operational engagement, operational intelligence capabilities, and lifecycle customer relationships.During the quarter, Route1 continued expanding Route1 ABI-related discussions within existing customer environments, launched "Mr. Parking", and continued strengthening its positioning around operational accountability, workflow intelligence, and AI-assisted operational support.Q1 2026 HighlightsRevenue increased 15% year-over-year to $2.57 million, primarily driven by increased device and appliance revenue.Within services revenue, recurring technology life-cycle maintenance and support revenue continued increasing year-over-year, partially offset by lower transactional professional-services activity.Operating loss improved materially to ($0.05) million compared to ($0.40) million in Q1 2025Positive operating cash flow generated during the quarterAnnualized recurring revenue reached approximately USD $1.346 million as at March 31, 2026Continued support-plan expansion and lifecycle operational engagement activity across municipal and university customer environmentsExpanded operational visibility and Route1 ABI discussions within existing customer relationshipsLaunched "Mr. Parking" in April 2026 as part of Route1's evolving operational-intelligence and workflow-orchestration strategyQ1 2026 CommentaryRevenue during Q1 2026 was $2.57 million compared to $2.23 million during Q1 2025.Consistent with prior periods, device, appliance and deployment-related revenue continued fluctuating based on customer deployment timing and project activity. At the same time, Route1 continued seeing increased customer engagement around recurring operational support, operational visibility, workflow accountability, and lifecycle operational engagement.The Company continues to see evidence that operators increasingly value measurable operational performance, operational responsiveness, workflow visibility, and long-term operational accountability in addition to traditional infrastructure deployment.Q1 2026 FINANCIAL RESULTSStatement of Operations
(in 000s of CAD dollars)(in 000s of CAD dollars) Q1-26 Q4-25 Q3-25 Q2-25 Q1-25 Revenue Subscription and services $981 $1,041 $1,203 $1,465 $1,327 Devices and appliances 1,586 1,596 1,759 2,233 906 Other - - (7) (8) - Total revenue 2,567 2,637 2,954 3,691 2,233 Cost of revenue 1,560 1,610 1,775 2,343 1,324 Gross profit 1,007 1,027 1,179 1,348 909 Operating expenses 1,061 1,186 1,136 1,274 1,306 Operating profit (loss) (1) (54) (159) 43 74 (395)Total other income (expense) (2) (58) (169) (209) 135 181 Net income (loss) $(112) $(328) $252 $(61) $(214)(1) Before stock-based compensation.
(2) Includes gain or loss on asset disposal, gain on sale of employee retention credits, interest expense, income tax recovery, foreign exchange loss or gain and other expenses.Adjusted EBITDA (3)
(in 000s of CAD dollars) Q1-26 Q4-25 Q3-25 Q2-25 Q1-25 Adjusted EBITDA $125 $19 $220 $269 $(190)Depreciation and amortization 180 178 176 195 205 Operating profit (loss) $(54) $(159) $43 $74 $(395)(3) Adjusted EBITDA is defined as earnings before interest, income taxes, depreciation and amortization, stock-based compensation, and other costs. Adjusted EBITDA does not have any standardized meaning prescribed under IFRS and therefore may not be comparable to similar measures presented by other companies.Subscription and Services Revenue
(in 000s of CAD dollars) Q1-26 Q4-25 Q3-25 Q2-25 Q1-25 Application software $13 $16 $14 $15 $17 Other services 968 1,025 1,189 1,451 1,310 Total $981 $1,041 $1,203 $1,466 $1,327 Other Services Revenue
(in 000s of CAD dollars) Q1-26 Q4-25 Q3-25 Q2-25 Q1-25 Technology life-cycle maintenance and support (4) $465 $438 $413 $412 $381 Professional services 503 587 776 1,039 929 Total $968 $1,025 $1,189 $1,451 $1,310 (4) Route1 ABI license revenue is included in this line. Route1 ABI started adding revenue in Q2-25.Operational Accountability and Workflow VisibilityDuring Q1 2026 and early Q2 2026, legislative developments and operational reviews across multiple jurisdictions, including Washington State, continued to reinforce management's view that the parking and mobility market is increasingly evolving toward operational accountability, workflow visibility, governance, and measurable operational outcomes.Management believes this trend increasingly supports Route1's positioning around:Lifecycle operational engagementOperational intelligenceWorkflow orchestrationOperational visibilityAI-assisted operational supportCommercial Expansion ActivityDuring Q1 2026 and early Q2 2026, the Company continued progressing multiple operational expansion and operational-visibility discussions involving:Municipal environmentsUniversitiesEnterprise mobility environmentsAutonomous parking-enforcement opportunitiesExamples of active commercial and operational expansion activity currently include:Washington regional operational expansion activityEnterprise mobility discussionsAutonomous parking-enforcement discussionsRoute1 ABI operational-visibility opportunitiesLifecycle operational modernization discussionsIntellectual Property and AI StrategyRoute1 continues advancing its intellectual property strategy around operational intelligence, AI-assisted workflow orchestration, and parking operations performance management.In December 2025, Route1 filed a provisional patent application related to low-latency machine learning, scalable agentic AI coordination, and adaptive learning architecture. In February 2026, the Company filed a patent application related to its parking copilot technology framework, including structured intelligence and operational performance management for ALPR programs.Management believes these filings support Route1's long-term strategy of protecting differentiated workflow intelligence, operational automation, and AI-assisted parking operations capabilities.The Company does not view artificial intelligence as a standalone product category. Route1's strategy is to apply AI directly inside operational workflows where it can improve visibility, accountability, enforcement performance, and recurring lifecycle engagement.Working Capital and Debt Analysis
(in 000s of CAD dollars) Mar 31 2026 Dec 31 2025 Sep 30 2025 Jun 30 2025 Mar 31 2025 Working capital analysis Total current assets $3,134 $2,956 $2,913 $3,116 $1,939 Current liabilities 8,119 7,829 7,597 7,136 6,317 Net working capital $(4,985) $(4,873) $(4,684) $(4,020) $(4,378)Pro forma net working capital (5) $(1,235) $(1,151) $(724) $(1,143) $(1,541) Debt analysis Current bank indebtedness and notes payable $2,430 $2,335 $2,454 $1,652 $1,601 Non-current bank indebtedness and notes payable 590 482 676 1,564 1,731 Total bank indebtedness and notes payable $3,019 $2,817 $3,130 $3,216 $3,332 (5) Net working capital adjusted for (a) bank indebtedness and notes payable, (b) contract liabilities, and (c) operating leases.Conference Call and Webcast
The Company will hold a conference call and webcast to provide a business update on Friday, May 15, 2026 at 9 am Eastern Time.Participants should dial Toll-Free 877-545-0523 or Toll/International 973-528-0016 at least 10 minutes prior to the conference call and webcast. The participant access code is 910557. For those unable to attend the call, a replay will be available at Toll-Free 877-481-4010 or Toll/International 919-882-2331 passcode 54021 until Friday, May 29, 2026.About Route1 Inc.
Route1 provides operational intelligence and secure data solutions for public sector and critical infrastructure operators. The Company's ABI platform supports structured intelligence and operational improvement initiatives across mobility, parking enforcement, public safety and smart infrastructure environments. Route1 trades on the TSX Venture Exchange under the symbol ROI.For More Information, Contact:
Tony Busseri
President and Chief Executive Officer
+1 480 578-0287
tony.busseri@route1.comThis news release, required by applicable Canadian laws, 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.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.© 2026 Route1 Inc. All rights reserved. No part of this document may be reproduced, transmitted or otherwise used in whole or in part or by any means without prior written consent of Route1 Inc. See https://www.route1.com/terms-of-use/ for notice of Route1's intellectual property.This news release may contain statements that are not current or historical factual statements that may constitute forward-looking statements or future oriented financial information. These statements are based on certain factors and assumptions, including expectations regarding the Company's intellectual property strategy, the development and commercialization of "Mr. Parking", the results of development and testing, market trends and the continuation of such trends, the expected growth in the value of support contracts for the LPR business, competition for skilled personnel, expected financial performance and subscription-based revenue, business prospects, technological developments, development activities and like matters. While Route1 considers these factors and assumptions to be reasonable, based on information currently available, they may prove to be incorrect. These statements involve risks and uncertainties, including but not limited to the market demand for the Company's products and services and risk factors described in reporting documents filed by the Company. Actual results could differ materially from those projected as a result of these and other risks and should not be relied upon as a prediction of future events. The Company undertakes no obligation to update any forward-looking statement or future-oriented financial information to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by law. Estimates used in this presentation are from Company sources. Past or forecasted performance is not a guarantee of future performance and readers should not rely on historical results or forward-looking statements or future oriented financial information as an assurance of future results.SOURCE: Route1, Inc.View the original press release on ACCESS NewswireOriginal: Route1 Reports Q1 2026 Results and Continued Expansion of Recurring Operational Engagement

Route1 Announces First Quarter 2026 Financial Results NotificationMay 7, 2026 6:45 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / May 7, 2026 / Route1 Inc. ("Route1" or the "Company") (TSXV:ROI), a provider of technology-enabled services focused on parking operations, public safety, and mobility, today announced that it will report its financial results for the three-month period ended March 31, 2026 after the market closes on Thursday, May 14, 2026.The Company will hold a conference call and web cast to provide a business update on Friday, May 15, 2022 at 9 am Eastern Time.Participants should dial Toll-Free 877-545-0523 or Toll/International 973-528-0016 at least 10 minutes prior to the conference call and web cast. The participant access code is 910557. For those unable to attend the call, a replay will be available at Toll-Free 877-481-4010 or Toll/International 919-882-2331 passcode 54021 until Friday, May 29, 2026.The webcast will be presented live at: Friday, May 15, 2026 - 9:00?AM Eastern TimeAbout Route1 Inc.Route1 provides operational intelligence and secure data solutions for public sector and critical infrastructure operators. The Company's ABI platform supports structured intelligence and operational improvement initiatives across mobility, parking enforcement, public safety and smart infrastructure environments. Route1 trades on the TSX Venture Exchange under the symbol ROI.For More Information, Contact:
Tony Busseri
President and Chief Executive Officer
+1 480 578-0287
tony.busseri@route1.comThis news release, required by applicable Canadian laws, 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.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.© 2026 Route1 Inc. All rights reserved. No part of this document may be reproduced, transmitted or otherwise used in whole or in part or by any means without prior written consent of Route1 Inc. See https://www.route1.com/terms-of-use/ for notice of Route1's intellectual property.This news release may contain statements that are not current or historical factual statements that may constitute forward-looking statements or future oriented financial information. These statements are based on certain factors and assumptions, including expectations regarding the granting of the patent and the terms thereof, the launch date of "Mr. Parking", the results of development and testing, market trends and the continuation of such trends, the expected growth in the value of support contracts for the LPR business, competition for skilled personnel, expected financial performance and subscription-based revenue, business prospects, technological developments, development activities and like matters. While Route1 considers these factors and assumptions to be reasonable, based on information currently available, they may prove to be incorrect. These statements involve risks and uncertainties, including but not limited to the market demand for the Company's products and services and risk factors described in reporting documents filed by the Company. Actual results could differ materially from those projected as a result of these and other risks and should not be relied upon as a prediction of future events. The Company undertakes no obligation to update any forward-looking statement or future-oriented financial information to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by law. Estimates used in this presentation are from Company sources. Past or forecasted performance is not a guarantee of future performance and readers should not rely on historical results or forward-looking statements or future oriented financial information as an assurance of future results.#SOURCE: Route1, Inc.View the original press release on ACCESS NewswireOriginal: Route1 Announces First Quarter 2026 Financial Results Notification

Route1 Reports Fiscal Year 2025 Results and Continued Transition Toward Recurring, Lifecycle-Based RevenueApril 30, 2026 1:15 AM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / April 30, 2026 / Route1 Inc . ("Route1" or the "Company") (TSXV:ROI), a provider of technology-enabled services focused on parking operations, public safety, and mobility, today announced its financial results for the three and twelve-month periods ended December 31, 2025.Fiscal 2025 was a transition year. The Company focused on reducing reliance on one-time project activity and building a model based on recurring support, software licensing, operational engagement, and account expansion. Early results of this transition are beginning to appear in customer engagement, support contract growth, and demand for Route1's operational improvement capabilities.Fiscal 2025 and Q4 HighlightsExpanded deployment of Route1 ABI and introduced "Mr. Parking" in response to increasing demand for operational performance and accountability within customer environmentsGrew quarterly ALPR support contract revenue to exceed USD $310,000, representing annualized recurring revenue of approximately USD $1.25 millionContinued growth in ALPR end users and average support contract valueExpanded Route1's role within customer environments beyond deployment into ongoing operational performanceMonetized employee retention credits totaling USD $549,000 for fiscal 2025Completed a non-brokered private placement generating gross proceeds of approximately $328,000Q4 2025 CommentaryRevenue in Q4 2025 was $2.6 million compared to $3.9 million in Q4 2024, reflecting variability in device and project-based activity.Consistent with prior periods, hardware and project revenue continued to fluctuate based on timing of customer deployments. In contrast, the Company's support and services revenue remained more stable and is increasingly reflective of its long-term operating model.Route1 continues to prioritize expansion of recurring revenue within its existing customer base, focusing on increasing the scope and value of each customer relationship over time rather than maximizing one-time transactional revenue. This approach reflects how customers are now engaging Route1, with increasing demand for operational improvement that extends beyond system deployment.The Company expects variability in hardware revenue to continue, while recurring support, software licensing and services revenue represents a growing portion of total revenue. This shift in revenue mix is expected to materially improve the predictability, visibility, and quality of revenue over time.The Company is already seeing this shift in customer activity, with increasing engagement beyond traditional support and deployment.Business Model and Recurring Revenue ExpansionRoute1's operating model is built on long-term lifecycle engagement rather than one-time system deployment.Within this model, the Company:Deploys and integrates ALPR infrastructureProvides ongoing support, monitoring, and maintenanceWorks directly with operators in live environmentsExpands its role over time into operational performance and decision supportThis approach shifts value from deployment activity to ongoing operational outcomes and performance accountability.The Company is also evolving its operating model to support broader deployment and partner structures designed to scale recurring revenue across multiple customer environments.This shift changes Route1's role from a system provider to an embedded participant in operational performance and outcomes."Mr. Parking" and Expansion Within Existing AccountsAs part of this evolution, Route1 introduced "Mr. Parking" in April 2026 as an operational capability deployed within existing customer engagements.The capability is deployed within existing customer relationships and is not positioned as a standalone system. Instead, it is integrated into Route1's support and operational model, where the Company maintains continuous involvement in client environments.Across the parking technology market, much of the discussion remains focused on deployment, system features and data access. Route1's view is that this framing misses the core issue. Much of the sector remains focused on system deployment, while the primary challenge in live environments is whether performance is being measured, managed, and improved over time."Mr. Parking" is designed to address this gap by enabling continuous performance management within existing environments. This reflects a broader shift in how customers are evaluating technology investments, with increased focus on measurable outcomes and return on existing infrastructure.Embedded in the Lifecycle, Not Sold as Software"Mr. Parking" is deployed within Route1's lifecycle model. It is configured to each client's environment and operates using live data generated through existing systems and workflows.It is not accessed as a standalone application. It is deployed as part of ongoing engagement, with outputs delivered directly into existing operational workflows used by supervisors, analysts, and enforcement teams.As a result, Route1's role becomes more embedded in the client's day-to-day operations, increasing the durability of the customer relationship over time.Expanding Across the OperationInitial deployment of "Mr. Parking" is focused on enforcement and patrol operations. However, the underlying framework is designed to extend across additional operational areas including:Violation processing workflowsCustomer communication and response managementOther back-office and administrative functionsAs these applications are introduced, the capability is expanded within the same customer relationship, further embedding Route1 within the client's operating environment and increasing the value of each customer relationship and expanding recurring revenue over time.Market Context: From Deployment to PerformanceAcross North America, ALPR deployment is largely complete and the remaining challenge is operational performance. This shift is increasingly driven by governance, compliance, and accountability requirements within customer environments, where operators are expected to demonstrate measurable outcomes rather than simply deploying technology.Route1's direct engagement in live environments continues to show:Variability in enforcement outputMissed revenue opportunitiesLimited ability to measure and defend outcomesThese conditions reinforce a consistent conclusion: deployment alone does not improve operations. In many cases, performance degrades after systems go live. Q4 2025 FINANCIAL RESULTSStatement of operationsIn 000s of CAD dollars Q4
2025 Q3
2025 Q2
2025 Q1
2025 Q4
2024 Revenue Subscription and services $1,041 $1,203 $1,465 $1,327 $1,130 Devices and appliances 1,596 1,759 2,233 906 2,804 Other - (7) (8) - (3)Total revenue 2,637 2,954 3,691 2,234 3,931 Cost of revenue 1,610 1,775 2,343 1,324 2,542 Gross profit 1,027 1,179 1,348 910 1,389 Operating expenses 1,186 1,136 1,274 1,306 1,464 Operating profit 1 (159) 43 74 (395) (75)Total other expenses (income) 2 (169) (209) 135 181 226 Net income (loss) $(328) $252 $(61) $(214) $(301)Before stock-based compensation. The last quarter of stock-based compensation expenses was Q4-24.Includes gain or loss on asset disposal, stock-based compensation expense, gain on sale of employee retention credits, interest expense, income tax recovery, foreign exchange loss or gain, other expenses.Adjusted EBITDA 3In thousands of Canadian dollars Q4
2025 Q3
2025 Q2
2025 Q1
2025 Q4
2024 Adjusted EBITDA $19 $220 $269 $(190) $130 Depreciation and amortization 178 176 195 205 205 Operating profit $(159) $43 $74 $(395) $(75)Adjusted EBITDA is defined as earnings before interest, income taxes, depreciation and amortization, stock-based compensation, and other costs. Adjusted EBITDA does not have any standardized meaning prescribed under IFRS and is therefore unlikely to be comparable to similar measures presented by other companies. Adjusted EBITDA allows Route1 to compare its operating performance over time on a consistent basis.Subscription and services revenuein 000s of CAD dollars Q4
2025 Q3
2025 Q2
2025 Q1
2025 Q4
2024 Application software $16 $14 $15 $17 $24 Other services 1,025 1,189 1,451 890 1,106 Total $1,041 $1,203 $1,466 $907 $1,130 Other services revenuein 000s of CAD dollars Q4
2025 Q3
2025 Q2
2025 Q1
2025 Q4
2024 Technology life-cycle maintenance and support 4 $438 $413 $412 $381 $378 Professional services 587 776 1,039 526 727 Total $1,025 $1,189 $1,451 $907 $1,106 Route1 ABI license revenue is included in this lineFISCAL YEAR 2025 (FY 2025)In 000s of CAD dollars FY 2025 FY 2024 FY 2023 FY 2022 Revenue



Services $4,616 $4,342 $4,456 $6,194 Device 6,923 10,821 13,104 15,830 Other (24) (9) 18 21 Total Revenue 11,516 15,154 17,578 22,045 Cost of revenue 7,051 9,903 11,703 14,462 Gross profit 4,465 5,251 5,875 7,583 Operating expenses 4,901 5,771 6,439 7,645 Operating profit 1 (436) (520) (564) (62)Total other expenses 2, 3 (85) 541 719 1,656 Net income (loss) $(351) $(1,061) $(1,283) $(1,718)In 000s of CAD dollars Dec 312025 Sep 302025 Jun 302025 Mar 312025 Dec 312024 Working capital analysis




Total current assets $2,956 $2,913 $3,116 $1,939 $3,422 Current liabilities: Accounts payable and accruals 4,107 3,637 4,260 3,480 4,683 Contract liabilities (deferred revenue) 1,065 1,189 922 917 995 Operating lease liabilities (property leases) 322 317 301 320 335 Bank indebtedness and notes payable 2,335 2,454 1,652 1,601 1,561 Total current liabilities 7,829 7,597 7,136 6,317 7,573 Net working capital (4,873) (4,684) (4,020) (4,378) (4,151)Pro Forma net working capital 5 $(1,151) $(724) $(1,143) $(1,541) $(1,261)Debt analysis Current bank indebtedness and notes payable $2,335 $2,454 $1,652 $1,601 $1,561 Non-current bank indebtedness and notes payable 482 676 1,564 1,731 1,586 Total bank indebtedness and notes payable $2,817 $3,130 $3,216 $3,332 $3,147 Net working capital adjusted for (a) bank indebtedness and notes payable, (b) contract liabilities, and (c) operating leases.PRIVATE PLACEMENTThe Company completed a private placement in December 2025 and issued 4,376,665 Units for aggregate gross proceeds of approximately $328,250. Company management subscribed for Units under the Offering for a total of $68,000, representing approximately 21% of the Offering.Each Unit consisted of one common share in the capital of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price of $0.10 for a period of 18 months from the issue date of the Units. All securities issued pursuant to the offering were subject to a four-month hold period that has now expired.The Company is using the net proceeds of the Offering to fund the development of Route1's Actionable Business Intelligence ("ABI") software application and "Mr. Parking".MONETIZING ROUTE1'S EMPLOYEE RETENTION CREDITSThe Employee Retention Credit ("ERC"), also known as the Employee Retention Tax Credit ("ERTC"), was designed to help businesses recover from the COVID-19 pandemic. The overall goal of the program was to encourage employers to retain employees during pandemic-related business shutdowns and slowdowns.First introduced in March 2020 as part of the Coronavirus Aid, Relief, and Economic Security Act, the ERC has been updated twice since its original creation. In November 2021, the ERC program expired early with the signing of the Infrastructure Investment and Jobs Act. The change limited ERC claims to wages paid before October 1, 2021, except for recovery startup businesses. Businesses were able to retroactively claim ERC by amending their 2020 or 2021 tax returns, meaning employers were able to claim the credit for actions during the pandemic on their tax returns up until the year 2024.With the help of a third-party professional to assist in its submission, Route1 filed ERCs in the amount of USD $1,320,002. The credits were for Route1's wholly owned U.S. subsidiaries Route 1 Security Corporation, Group Mobile Int'l, LLC ("GMI") and Portable Computer Systems, Inc. ("PCS") relating to wages paid to employees between April 1, 2020 and September 30, 2021.On June 18, 2025, Route1 sold USD $467,030 of its ERCs (the "First ERC Claim") to a private equity fund. Route1 received payment of USD $179,807 and subject to the US government paying out the First ERC Claim, will receive an additional USD $65,384. The private equity fund purchased the First ERC Claim at a discount to the face value and required an additional amount to be held back until the First ERC Claim is paid out by the US government. Route1 also incurred professional fees to complete the transaction. In certain circumstances, including situations in which the Internal Revenue Service disallows some or all of Route1's ERC claims, the private equity fund may cause Route1 to refund the proceeds paid. Should that occur, some or all of the professional fees incurred will also be reimbursed.On August 8, 2025, Route1 sold USD $468,802 of its ERCs (the "Second ERC Claim Amount") to a private equity fund. Route1 received payment of USD $167,836 and subject to the US government paying out the ERC Claim Amount, will receive an additional USD $58,122. The private equity fund purchased the Second ERC Claim Amount at a discount to the face value and required an additional amount to be held back until the Second ERC Claim Amount is paid out by the US government. Route1 also incurred professional fees to complete the transaction.FINANCIAL REPORTING UPDATERoute1 does not intend to host a shareholder call in connection with its year-end results.The Company expects to host a shareholder call in mid-May 2026 following the release of its first quarter 2026 financial results. Management expects to provide additional commentary at that time regarding operational progress and early observations following the launch of "Mr. Parking."About Route1 Inc.Route1 provides operational intelligence and secure data solutions for public sector and critical infrastructure operators. The Company's ABI platform supports structured intelligence and operational improvement initiatives across mobility, parking enforcement, public safety and smart infrastructure environments. Route1 trades on the TSX Venture Exchange under the symbol ROI.For More Information, Contact:
Tony Busseri
President and Chief Executive Officer
+1 480 578-0287
tony.busseri@route1.comThis news release, required by applicable Canadian laws, 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.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.© 2026 Route1 Inc. All rights reserved. No part of this document may be reproduced, transmitted or otherwise used in whole or in part or by any means without prior written consent of Route1 Inc. See https://www.route1.com/terms-of-use/ for notice of Route1's intellectual property.This news release may contain statements that are not current or historical factual statements that may constitute forward-looking statements or future oriented financial information. These statements are based on certain factors and assumptions, including expectations regarding the granting of the patent and the terms thereof, the launch date of "Mr. Parking", the results of development and testing, market trends and the continuation of such trends, the expected growth in the value of support contracts for the LPR business, competition for skilled personnel, expected financial performance and subscription-based revenue, business prospects, technological developments, development activities and like matters. While Route1 considers these factors and assumptions to be reasonable, based on information currently available, they may prove to be incorrect. These statements involve risks and uncertainties, including but not limited to the market demand for the Company's products and services and risk factors described in reporting documents filed by the Company. Actual results could differ materially from those projected as a result of these and other risks and should not be relied upon as a prediction of future events. The Company undertakes no obligation to update any forward-looking statement or future-oriented financial information to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by law. Estimates used in this presentation are from Company sources. Past or forecasted performance is not a guarantee of future performance and readers should not rely on historical results or forward-looking statements or future oriented financial information as an assurance of future results.#SOURCE: Route1, Inc.View the original press release on ACCESS NewswireOriginal: Route1 Reports Fiscal Year 2025 Results and Continued Transition Toward Recurring, Lifecycle-Based Revenue

ZenaTech Files Early Warning Report Pursuant to National Instrument 61-103April 21, 2026 9:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 21, 2026) - ZenaTech, Inc. (NASDAQ: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that effective April 21, 2026, it has acquired an aggregate of 4,688,499 common shares of Route1 Inc. (the "Issuer") at prices ranging from $0.075 to $0.09 per share over the TSX Venture Exchange representing approximately 10% of the outstanding common shares of the Issuer. ZenaTech did not own any common shares of the Issuer prior to the purchases.ZenaTech acquired the common shares of the Issuer for investment purposes. ZenaTech may, in the future, participate in financings and/or acquire or dispose of securities of the Issuer in the market, privately or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities, or may undertake any action similar to any of those enumerated in items (a) to (k) of Section 5 of its Early Warning Report.A copy of the Early Warning Report filed by ZenaTech under applicable securities laws shall be available under the Issuer's profile on SEDAR+ (www.sedarplus.ca). About ZenaTech ZenaTech (NASDAQ: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical applications for commercial, government and defense. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech's portfolio of solutions helps drive speed, accuracy, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and global network of locations through acquisitions.About ZenaDrone ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation, and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an outdoor drone designed for inspections use in commercial and government sectors, and the IQ Quad is for land surveys.Contacts for more information:Company, Investors, and Media:Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.comInvestors:Michael Mason
CORE IR
investors@zenatech.comSafe HarborThis press release and related comments by management of ZenaTech, Inc. include "forward-looking statements" within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management's expectations and projections regarding ZenaTech's growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "aim", "seek", "is/are likely to", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech's expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square and IQ Nano; ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech's anticipated cash needs and it's needs for additional financing; ZenaTech's intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech's expected business objectives for the next twelve months; ZenaTech's ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks ???and uncertainties disclosed under the ?heading "Risk Factors" ????in the Company's Form F-1, Form 20-F and other filings filed ???with the United States Securities and Exchange Commission (the "SEC") on EDGAR through the SEC's website at www.sec.gov. The Company undertakes ???no obligation to update forward-?looking ????information except as required by applicable law. Such forward-???looking information represents ?????managements' best judgment based on information currently available. ???No forward-looking ????statement ?can be guaranteed and actual future results may vary materially. ???Accordingly, readers ????are advised not to ?place undue reliance on forward-looking statements or ???information.?Not for distribution in the United StatesTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/293695
Original: ZenaTech Files Early Warning Report Pursuant to National Instrument 61-103

Route1 Announces Filing of Parking Copilot Patent Application and Confirms Expected Launch Date for "Mr. Parking"March 18, 2026 9:00 AM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / March 18, 2026 / Route1 Inc. ("Route1" or the "Company") (TSXV:ROI), a provider of operational intelligence solutions for public sector and critical infrastructure operators, today announced that it has filed a patent application with the United States Patent and Trademark Office related to the Company's parking copilot technology framework.The patent application, U.S. Application No. 19/552,368, filed on February 27, 2026, covers elements of Route1's approach to structured intelligence and operational performance management for automated license plate recognition ("ALPR") programs.The Company also confirmed that development of "Mr. Parking," an operational copilot capability within the Route1 ABI platform, remains on track for launch on or around April 21, 2026, subject to final development and testing.Market ContextAcross North America, municipalities, universities and operators continue to deploy ALPR technology to support parking enforcement, public safety and mobility initiatives. However, most organizations lack the ability to measure, manage, or defend operational performance once systems are live. Leadership teams are increasingly being asked to explain not only how ALPR is used, but whether it is producing consistent, measurable outcomes and operating within defined governance frameworks. In many cases, those questions cannot be answered with confidence.These trends are increasing demand for operational intelligence platforms that help organizations move beyond simple data access toward structured program oversight and performance management.Route1 ABI Platform and Parking CopilotRoute1's ABI platform provides structured intelligence designed to help operators measure, monitor, and improve ALPR program performance.The platform enables organizations to:Measure patrol and enforcement performance.Identify operational gaps and coverage inefficiencies.Monitor activity and outcomes over time.Support governance and defensibility requirements.This addresses a gap in the market where deployment has outpaced operational management capability."Mr. Parking" is being developed as an operator copilot capability within the Route1 ABI platform designed to assist organizations in continuously improving ALPR operations.The platform is vendor-agnostic and designed to work with major ALPR environments currently deployed across the market, including Genetec, Motorola Solutions Vigilant, TagMaster and other industry systems.Route1 currently supports ALPR deployments across municipal parking, public safety and private operator environments.Operational ValidationRoute1 is currently engaged in active deployments and pilots with municipalities and universities.Early-stage observations from these engagements indicate:Variability in officer-level enforcement performance.Missed enforceable events within existing patrol operations.Opportunity to improve coverage and outcomes without additional infrastructure.These observations reinforce a consistent conclusion: deployment alone does not result in operational improvement.CEO Commentary"ALPR deployment is no longer the challenge. Most programs are already live," said Tony Busseri, Chief Executive Officer of Route1. "The challenge is that very few organizations can measure or manage performance once deployed. Leadership teams are being asked to defend outcomes, not activity. ABI provides that intelligence layer, and ‘Mr. Parking' is being designed to help operators actively manage and improve their programs over time."About Route1 Inc.Route1 provides operational intelligence and secure data solutions for public sector and critical infrastructure operators. The Company's ABI platform supports structured intelligence and operational improvement initiatives across mobility, parking enforcement, public safety and smart infrastructure environments. Route1 trades on the TSX Venture Exchange under the symbol ROI.For More Information, Contact:
Tony Busseri
President and Chief Executive Officer
+1 480 578-0287
tony.busseri@route1.comThis news release, required by applicable Canadian laws, 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.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.© 2026 Route1 Inc. All rights reserved. No part of this document may be reproduced, transmitted or otherwise used in whole or in part or by any means without prior written consent of Route1 Inc. See https://www.route1.com/terms-of-use/ for notice of Route1's intellectual property.This news release may contain statements that are not current or historical factual statements that may constitute forward-looking statements or future oriented financial information. These statements are based on certain factors and assumptions, including expectations regarding the granting of the patent and the terms thereof, the launch date of Mr. Parking, the results of development and testing, market trends and the continuation of such trends, the expected growth in the value of support contracts for the LPR business, competition for skilled personnel, expected financial performance and subscription-based revenue, business prospects, technological developments, development activities and like matters. While Route1 considers these factors and assumptions to be reasonable, based on information currently available, they may prove to be incorrect. These statements involve risks and uncertainties, including but not limited to the market demand for the Company's products and services and risk factors described in reporting documents filed by the Company. Actual results could differ materially from those projected as a result of these and other risks and should not be relied upon as a prediction of future events. The Company undertakes no obligation to update any forward-looking statement or future-oriented financial information to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by law. Estimates used in this presentation are from Company sources. Past or forecasted performance is not a guarantee of future performance and readers should not rely on historical results or forward-looking statements or future oriented financial information as an assurance of future results.#SOURCE: Route1, Inc.View the original press release on ACCESS NewswireOriginal: Route1 Announces Filing of Parking Copilot Patent Application and Confirms Expected Launch Date for "Mr. Parking"

ROI 10Q expected July 5

Ya see this zip value

WRONG BOARD

is it the same $ROI? Buckle up butter cup. Big news coming Next Wednesday! O/S is 3.58M!

ROI...MAKING ANOTHER MOVE

Repeat the same news.

So pathetic Ault.

so what...learn how to trade

Exactly…. Pump & dump ;)

have no clue...why does it matter....26c to 50c

So ault milton isnt a 10% owner here do you read filings ????

https://finviz.com/quote.ashx?t=ROI&p=d

Lmfao
Isnt ault milton a conman ?

SEC Charges Ault Alliance, Inc. and former CEO Milton Charles (“Todd”) Ault III with Making Misleading Disclosures and Other Violations, and Charges Current CEO for Record-keeping and Internal Control Violations

*** Whoohoo Pump it up ihubbers ****

https://www.sec.gov/enforce/33-11222-s

LMAO...WATCH AND LEARN

ROI HERES 50C

Weeee

46C WRONG BOARD DUMMY

44C WRONG BOARD DUMMY

ROI: Nobody seems to like ROI too much, but I myself fancies this one well enough!!! (I can't give ya all those technical "target prices", "resistance levels", inter alia, but sometimes merely a SOARING STOCK PRICE suffices for most intents & purposes!!!!)

ROI: Attention ROI passengers, JUPITER LANDING expected a little later today --- until then, ENJOY your flight!!!

Ault milton stock lmfao … pump & Dump

ROI...ON THE MOVE TOP 44C

Tech partner won’t materialize. It’s a ploy.

ROI: Indeed!! (I hope it's IBM, HP, Amazon, H. Depot, Target, Tesla, or??????????)

I wonder who the technology partner is?

ROI: Get ready for BLAST-OFF, Homeboys!!!

ROI: This is NOT the correct COMPANY NAME anymore, but iHub will NOT permit altering the nomenclature here. WHATEVER!!! In an event, here's their NEWS ---
https://finance.yahoo.com/news/riskon-international-announce-generative-ai-133000528.html

So will the crash be…..timber

That was quick

Still trash to line Ault’s pockets

Thank you, Mr. Ben.

The company, founded in 2011, wholly owns BitNile.com, Inc., with its metaverse platform, BitNile.com ("BNC"), launched on March 1, 2023. BNC offers a social networking community, 3D games, and e-commerce for digital and physical products. RiskOn initiated GuyCare for men's healthcare clinics. The company holds about 66% of Wolf Energy Services Inc. (OTCQB: WOEN) and approximately 70% of White River Energy Corp (OTCQB: WTRV). Keep an eye on developments in the metaverse and healthcare sectors for potential impact on the company's performance.

Still trash

.29 +97% Founded in 2011, the Company owns 100% of BitNile.com, Inc., including the BitNile.com (“BNC”) metaverse platform (the “Platform”). The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. RiskOn recently formed GuyCare to open specialized men’s healthcare clinics. In addition, the Company also owns approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly and approximately 70% of White River Energy Corp (OTCQB: WTRV) directly.

Trash

Kurt????who…….3 months gone

Timber…….watch it slip slide away

Todays joke “Guy Care Inc”

This ticker goes through name changes every 6 months or so. Scam artist this Todd

New trash

The header on the board is very out-of-date but I suppose it doesn't matter because I seem to be the only one left following Route 1 or (their new trade name) GroupMobile It's All About The Data.

There is a patent lawsuit underway that may provide a windfall to this company, if successful.

They have diversified and actually had positive cash flow this past quarter.

May be better days ahead.

Cush

Hi I found this good article discussing the protection of our website from hackers
https://nci.ca/how-to-protect-your-website-from-hackers/

We should implement a WAF plugin to increase security and should use updated plugins to avoid loop holes.

Hi I found this good article discussing the protection of our website from hackers
https://nci.ca/how-to-protect-your-website-from-hackers/

Re-upped at 19 today, get it while you can in this range:

http://www.marketwire.com/press-release/Route1-Announces-Successful-Completion-of-US-Navy-Reserve-DEFIMNET-Pilot-Project-TSX-VENTURE-ROI-1327882.htm

Sep 30, 2010 14:25 ET
Route1 Announces Successful Completion of U.S. Navy Reserve DEFIMNET® Pilot Project

TORONTO, ONTARIO--(Marketwire - Sept. 30, 2010) - Route1 Inc. (TSX VENTURE:ROI) ("Route1" or the "Company"), a digital security and identity management company, today announced the successful completion of the pilot project to deploy the Company's DEFIMNET® platform, TruOFFICE® application software, and MobiKEY Fusion™ devices to the U.S. Navy Reserve Forces Command ("RESFOR"). The MobiKEY Fusion™ device is based on the Giesecke & Devrient StarSign Mobility Token. The project was first announced on March 2, 2010.

The pilot successfully demonstrated increased flexibility for RESFOR personnel who require secure access to internal systems and digital resources when physical access to their normal working facilities and equipment is not possible or practical. There were multiple test scenarios including the ability to access the Navy Marine Corps Intranet ("NMCI") systems and resources from multiple remote locations. Participants used their MobiKEY Fusion™ device from hotels, WIFI hotspots including at 37,000 feet on a commercial airliner, libraries, home and commercial networks.

According to feedback from RESFOR, the pilot project's outcome exceeded expectations.

"The very positive result of this pilot project is a significant step forward for Route1. It strengthens our relationships with the U.S. military and demonstrates the effectiveness of our platforms, software and devices anywhere where high assurance remote access is needed," said Tony Busseri, President and Chief Executive Officer, Route1 Inc. "We look forward to finalizing the terms of procurement with RESFOR, and the Navy as an enterprise, for the use of Route1's solution in a working environment."

"Giesecke & Devrient helps its customers and partners secure their applications by offering a broad portfolio of security solutions. The Mobility Token technology provides a secure remote platform for mobile users. It also corresponds to the stringent demand of the U.S. Navy for their reserve personnel," said Dr. Kai Grassie, Group Senior Vice President and Head of New Business Division of Giesecke & Devrient GmbH in Munich.

The Navy's Designated Accrediting Authority has completed its review of the DEFIMNET® platform and earlier this month provided an interim authority to test ("IATT") for the DEFIMNET® platform. The DEFIMNET® platform has since then been connected to NMCI and a group of RESFOR participants have conducted the pilot project. The RESFOR pilot included the implementation, accreditation for IATT, and deployment on the NMCI network of Route1's DEFIMNET® platform at a U.S. Navy Operations Center. The DEFIMNET® platform is currently configured for 2,500 concurrent users and is scalable to meet the more than 300,000 potential DEFIMNET® users that have been identified within the U.S. Navy.

The Route1 DEFIMNET® platform is an information assurance and service delivery platform that enables high-security remote access to enterprise networks. It is designed to reside within all levels of classified and unclassified networks. Built on a foundation of information assurance through identity management and encryption, the DEFIMNET® platform allows entitlement-based access to resources, such as C4ISR systems, from anywhere and at any time. Personnel are authenticated by the DEFIMNET® platform using their MobiKEY Fusion™ device that supports U.S. Department of Defense-issued common access cards ("CAC").

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.

MobiKEY Fusion™ is an identity validation device that supports identity cards such as a CAC. This multi-factor authentication device combines physical possession of the MobiKEY™ and an identity card, with computer and network access. The Route1 MobiKEY Fusion™ device offers all the security features of the Route1 MobiKEY Classic™ device with added factors of authentication to simplify the access component while Route1's MobiNET® or DEFIMNET® platform universally manages the identities of users and entitlement to digital resources. Users can only access systems with a combination of their MobiKEY Fusion™ device, identity or access card and secret password or PIN.

ABOUT ROUTE1 INC.

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: www.route1.com.

ABOUT GIESECKE & DEVRIENT GMBH

Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich, Germany. With a headcount of more than 10,000 employees, the Group generated sales of EUR 1.7 billion in fiscal 2009. Founded in 1852, G&D is a global market leader and pioneering innovator in banknote production and processing, smart card solutions and services for telecommunications and electronic payment, and security documents and identification systems. 65 subsidiaries and joint ventures in 32 countries ensure customer proximity worldwide. For more information, visit our website at: www.gi-de.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.

©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.

For more information, please contact
Route1 Inc.
Ali Mahdavi
Capital Markets Advisor
+1 416-962-3300
ali.mahdavi@route1.com
Click here to see all recent news from this company

19-21 cents is a bargain on this one.

They are near break even and even one big contract with DHS or Navy would double this. I'm personally loading up with expectations of 40 cents by November.

CEO is being replaced...
Great news!

Kobil is launching the mobikey device.
Looks very professional.
This thing's gonna take off
when the Kobil orders kick in.
Sick money when it kicks in.
Route 1 will be bought out.
Sick money.
http://213.165.91.186/de/presse-news/video-lounge.html