Route1 Announces Extension of Expiry Date of Warrants

* Reuters is not responsible for the content in this press release.

Thu Oct 8, 2009 9:47am EDT

  TORONTO, ONTARIO, Oct 08 (MARKET WIRE) -- 
Route1 Inc. ("Route1" or the "Company") (TSX VENTURE: ROI), a security
and identity-based services company, today announces that, subject to the
approval of the TSX Venture Exchange (the "Exchange"), it proposes to
extend the term of 32,360,333 common share purchase warrants (the
"Warrants") that were issued as part of a private placement that was
announced on October 15, 2007.

    The Warrants had an original term of twenty-four (24) months. Each
Warrant entitles its holder to purchase one additional common share of
Route1 at an exercise price of $0.155 per share. Subject to the approval
of the Exchange, the term of the Warrants will be extended for an
additional six (6) months, for a total term of thirty (30) months
expiring on May 7, 2010. None of the Warrants have been exercised to date
and there will be no change to the exercise price.

    ABOUT ROUTE1

    Route1 delivers award-winning security and identity management solutions
to customers world-wide. These solutions provide universal, secure access
to all digital resources and sensitive data. 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.
Route1's patent-pending solutions are based on FIPS-140-2 cryptographic
modules, and simplify the process of meeting increasingly stringent
regulatory requirements around privacy and security. Headquartered in
Toronto, Route1 is listed on the TSX Venture Exchange (symbol: ROI). For
more information, visit www.route1.com.

    This news release is 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.

    Copyright2009 All rights reserved. Route1, the Route1 Logo, Mobi, Route1
MobiKEY, TruOFFICE, PurLINK, EnterpriseLIVE, DEFIMNET, IBAD 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.

Contacts:
Spinnaker Capital Markets Inc.
Ali Mahdavi
Investor Relations
416-962-3300 ext. 225
am@spinnakercmi.com

Copyright 2009, Market Wire, All rights reserved.

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