TORONTO, ONTARIO / ACCESS Newswire / September 4, 2025 / Route1 Inc. (TSXV:ROI) ("Route1" or the "Company"), a leading engineering and professional services firm specializing in the deployment and integration of ALPR and other advanced data capture-based technologies to city, state, and federal first responder departments, public safety, colleges and universities, and parking managers, today announced that one of the largest, privately owned parking management and transportation companies in the United States has purchased the Route1 ABI software application for five (5) of their end users.
Today's announcement increases Route1's annualized recurring revenue derived from the sale of Route1 ALPR end user support plans and Route1 software applications to an amount in excess of USD $1.2 million.
ACTIONABLE BUSINESS INTELLIGENCE ("ABI") SOFTWARE APPLICATION
www.route1.com/abi
Through a single intuitive interface, parking professionals can instantly evaluate current operations against dynamic benchmarks developed by Route1's domain experts. Route1's real-world benchmarks are segmented by enforcement and parking, providing intelligent baselines for live performance indicator tracking and trend analysis.
Built-in analytics drive higher visibility, tighter accountability, and measurable impact at every layer of your operation including:
Uncovers latent revenue opportunities.
Optimizes curbside usage.
Monitors occupancy and dwell times.
Visualizes compliance.
Route1 processes raw ALPR streams directly from our end user's mobile and fixed ALPR cameras, providing the most complete, accurate, and timely operational picture in the industry. Our technology ensures that every visualization reflects ground truth - allowing for confident, data-backed decision in real time.
Route1's most recent release Version 3.0 was in late August 2025 incorporating data from fixed ALPR cameras - classified as Parking Metrics. This expansion unlocks detailed visibility into parking session density, violation frequency, facility utilization rates, dwell time distributions, and incomplete session anomalies, empowering operators to optimize policy enforcement, staffing, and monetization strategies with data-backed precision.
Version 3.5 will be released on or before September 30, 2025 adding integration with parking ticketing systems and applications to provide transparency on the economic impact or the opportunity cost of not meeting benchmarks, and in addition quantifying the economic opportunity of an additional mobile ALPR enforcement vehicle.
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.com
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.
© 2025 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 expected growth in the value of support contracts for the LPR business, price and liquidity of the common shares, 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 Newswire:
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/route1-adds-one-of-the-largest-us-parking-management-companies-as-1068980
