Phoenix, Arizona--(Newsfile Corp. - December 23, 2020) - The Stock Day Podcast welcomed Route1 Inc. (OTCQB: ROIUF) ("the Company"), 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. CEO of the Company, Tony Busseri, joined Stock Day host Everett Jolly.
"What is next for the company?" asked Jolly to start the interview. "A few years ago, we pivoted our business model to be more of an outcomes-based company using our clients' data in a secure way," explained Busseri, adding that the Company also began strategic acquisitions during this time. "We started to see the fruits from those acquisitions in 2020," he added. "With COVID-19, one of our proprietary technologies, MobiKEY, a secure work-from-home or remote access technology went into high demand," shared Busseri.
"We've had a good year. As we look at 2021, we see a year of finally getting that next step in acquisition growth done, expanding our business model into different geographies, and bringing in further talent, whether that be engineers or sales representatives, but to really move that business model forward," said Busseri. "We see 2021 as another step up that mountain towards great success."
Busseri then elaborated on the Company's recent announcement detailing the closing of its $3 million private placement. "We're pretty excited about the private placement that closed last week," shared Busseri. "It's ultimately a reflection that people are starting to see the value in our company."
"What are you most proud of in 2020, and what was your biggest success?" asked Jolly. Busseri shared his gratitude for the Company's handling of the COVID-19 pandemic, especially with regards to his team's support towards their clients during this time. "People have really responded as part of our team during the last twelve months under very trying circumstances," said Busseri. "The other part that I feel good about is that we had record financial results during very difficult general economic conditions."
Jolly then asked about the Company's potential for M&A growth in 2021. "I would expect during the first 100 days of next year to get our first deal done and a second deal to follow not far after that," shared Busseri. "We're going to be buying additional companies that are in the rugged device business with deep client relations in the public safety arena," said Busseri, adding that the Company also intends to explore early-stage technology companies that would benefit from Route1's sales, marketing, or engineering expertise and size. "Ultimately, we're buying these businesses not to strip away costs, but we're buying these businesses for the people, their intellectual property, and their strong client relations."
To close the interview, Busseri thanked listeners and shareholders for their support, and expressed his confidence in the potential of the Company as they continue to move forward.
To hear Tony Busseri's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7757148-route1-inc-discusses-2021-goals-with-the-stock-day-podcast
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, whether it be in a manufacturing plant, in-theater or in a university parking lot. Route1 is listed on the OTCQB in the United States under the symbol ROIUF and in Canada on the TSX Venture Exchange under the symbol ROI. For more information, visit: www.route1.com.
For More Information, Contact:
President and Chief Executive Officer
+1 480 500-7030
This 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.
© 2020 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 success of the private placement and the terms on which the Company will raise funds, price and liquidity of the common shares, expected financial performance, expected subscribers and subscription-based revenue, business prospects, technological developments, development activities, the ability of the Company to obtain the supersedeas bond in order to appeal the decision to the United States Court of Appeals for the Federal Circuit, 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 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.
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