Route1 Paid US $4million by Qwest
Route1 delivers industry-leading security and identity management solutions to enterprises worldwide
By Guest Column —— Bio and Archives--January 24, 2012
American Politics, News | Comments | Back To Full Article
Toronto, Canada – Route1 Inc. (TSXV: ROI) (“Route1”) a security and identity management company, today announced that it has received full and final payment of its December 23, 2011, announced arbitration award under the Federal Reseller Agreement between Route1 and Qwest Government Services (“Qwest”). The award payment received by Route1 from Qwest was for approximately US $4 million. After payment of associated professional fees and disbursements for the arbitration, Route1 will receive a net amount of approximately US $2.5 million.
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