February 20, 2018 – Ottawa, Canada – Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), the developer of WiFi3™ ultra-wideband, concurrent multi-radio, WiFi chipsets, modular circuit cards, and access points for high-density/high-interference wireless networks made to meet the challenge of large retailers, enterprise, and event venues, today announced the establishment of a Wireless Technology Advisory Panel, to be led by Duane Anderson, founder.
“I am excited to continue to advise and counsel the technology vision for Edgewater Wireless and WiFi3™,” said Duane Anderson. “I am personally invested in the company, I have steadfastly maintained all of my personal holdings, and I plan to continue doing so going forward as Edgewater Wireless continues to build momentum and increased sales for its unique WiFi3™ products.”
The charter of the Edgewater Wireless Technology Advisory Panel includes the regular scientific assessment of WiFi technology, RF signal technologies/management and related chip development, in addition to research of future market needs to the benefit of Edgewater Wireless stakeholders and customers. Mr. Anderson will transition out of his role as CTO of Edgewater Wireless to lead the Advisory Panel and will play a more strategic role for the company.
“Creating Edgewater’s Technology Advisory Panel is a perfect fit for the continued support for our vision and product strategy which further enhances our position at the forefront of innovative wireless technology and solutions,” said Andrew Skafel, President and CEO of Edgewater Wireless. “The Advisory Panel will be a valued contribution as we further expand our business with blue chip OEM customers which will benefit from advancing WiFi3™ to the global wireless industry.”
Backed by 24 patents, Edgewater’s WiFi3™ is the best solution for in high-density WiFi applications. Edgewater’s patented technology mitigates adjacent and co-channel interference to enable multiple, concurrent channels of transmit and receive from a single WiFi standards-compliant radio. Delivering the highest channel density in the industry means fewer access points to deliver the highest Quality of Service (QoS) for users. For more information on High-Density WiFi solutions and OEM packages. For more information, visit: www.edgewaterwireless.com or http://www.aera.io/
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| Edgewater Wireless Investor Contact: Matt Massey VP, Marketing T: +1 613-797-9628 E: mattm@edgewaterwireless.com W: www.edgewaterwireless.com Edgewater Wireless Media Contact: Jennifer Schenberg
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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-four (24) 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 and www.aera.io/
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.
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