Edgewater Wireless’ WiFi3 Technology to Drive New, High Density WiFi Network at a Leading Public Education Institution in Belgium
March 9, 2017 Ottawa, Canada – Edgewater Wireless Systems Inc. (YFI; TSX.V), a wireless innovation company and the developer of WiFi3™, the industry’s first multi-channel technology for high-density WiFi and IOT applications, announced today that it has been selected to deploy its new AERA™ wireless access points and network controller to deliver WiFi in a high density public education institution in Belgium.
This latest high density WiFi deployment was secured in partnership with Optima Networks, Edgewater Wireless’s distributor and channel partner in the BENELUX region, and Vercruysse, a regional systems integration partner, which will deploy Edgewater’s technology to the customer.
Terms of the agreement were not disclosed for competitive reasons, however Edgewater Wireless expects the customer deployment to commence in May, with initial product revenue to be recognized beginning in the current quarter.
“This is a strategic win with an education institution that has faced connectivity and interference issues in a high-density environment that will benefit from our disruptive WiFi3 technology,” said Eric Smith, V.P. of Product with Edgewater Wireless. “This deployment highlights the value of our go-to-market strategy and our relationships with channel partners and distributors who significantly expand our global reach. We worked closely with the teams from Optima Networks and Vercruysse to propose an innovative, high performance solution designed to meet the specific needs of our new client.”
The deployment will leverage Edgewater Wireless AERA access points powered by WiFi3 technology. Access points integrated with WiFi3 enable concurrent transmit and receive of multiple channels on a single radio in both 2.4Ghz and 5Ghz bands. WiFi3 technology delivers more capacity, supporting more devices on single wireless radio, and solves the challenges related to interference, capacity and sticky client devices.
“This deployment leverages the experience of our partner ecosystem and access to disruptive, cutting edge technology to provide an unbeatable solution for the customer,” said Erik Couwels Managing Director of Optima Networks. “Educational institutions that maintain a high density of users, with an increasing number of connected devices, including smart phones, tablets and laptops, can benefit most from multi-channel networking technology that can balance different types of wireless traffic. This also significantly decreases the cost of installation while increasing the overall bandwidth and enhancing the user experience. This project demonstrates the capabilities of WiFi3 and the advantages of multi-channel networking compared to the traditional access points. Going forward, our partnership with Edgewater Wireless will open new possibilities and applications in the field of high-density WiFi.”
Edgewater’s WiFi3 powered technology is the best Wi-Fi solution, for carriers, service providers and systems integrators in high-density WiFi applications, to address the evolving issues of adjacent channel and co-channel interference and congestion which is stretching WiFi to its breaking point. Edgewater’s patented technology solves the high-density WiFi problem while also significantly reducing the equipment investment and operating costs for new network deployments.
###
Edgewater Wireless Contact: Matt Massey VP, Marketing T: +1 613-797-9628 E: mattm@edgewaterwireless.com
Rob Fink Hayden IR T: 646-415-8972 W: www.haydenir.com
Erik Couwels Managing Director Optima Networks +32 3 290 42 44
|
About Edgewater Wireless Systems Inc.:
Edgewater Wireless develops and commercializes leading edge technologies and intellectual property for the communications market. Edgewater Wireless delivers advanced product solutions designed to meet the high-density, high quality of service (QoS) and high-reliability needs of service providers and their customers. Leveraging over twenty (20) patents, Edgewater’s WiFi3™ is redefining WiFi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation WiFi, today.
The best solution for High-Density WiFi networks, Edgewater Wireless WiFi3™ powered access point products enable innovative service providers to plan, build and deploy reliable, high-capacity services (like VoWiFI) for high-density wireless data demand in any environment.
Do more with less! Fewer access points delivering high quality service at a lower overall deployment cost make our patented WiFi3™ technology the right choice for your next WiFi network.
Explore the evolution of Wi-Fi at www.EdgewaterWireless.com
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. Although Edgewater Wireless believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because Edgewater Wireless can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause Edgewater Wireless’ actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to access to capital markets, market forces, competition from new and existing companies and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. Edgewater Wireless undertakes no obligation to update publicly or revise any forward looking information, whether as a result of new information, future events or otherwise, except as required by law.
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.[/vc_column_text][/vc_column][/vc_row]