JMTelcom Commits to Acquire 1000+ WiFi3™ Enabled Access Points Over Next 12 Months
May 29, 2012, Ottawa, Canada & San Salvador, El Salvador – Edgewater Wireless Systems Inc., (YFI; TSX.V) the developer and manufacturer of next generation WiFi3™ 802.11 wireless communications equipment, is pleased to announce that it has signed a distribution agreement with JMTelcom, a leading wireless equipment distributor and systems integrator in Central America. JMTelcom’s “Wind” Level Distribution Agreement, the mid-tier of Edgewater Wireless “Element3” Partner Program, includes a commitment for the acquisition of over 1,000 WiFi3™ enabled access point products over the next 12 months. Edgewater Wireless will begin supply of WiFi3™ access points as part of the distribution agreement immediately.
JMTelcom distributes and installs telecommunications equipment and solutions in Central America to major telecommunications companies including Telefonica, to large enterprise customers including PEPSI, HSBC and Toyota, and to government agencies including the U.S. Embassy. “Our customers demand the very best technology from JMTelcom and Edgewater Wireless’ innovative WiFi3™ technology and products will help us stay ahead of the competition,” said Margarita de Martínez, General Manager of JMTelcom. “This is a strategic partnership for us as it opens up new growth and new revenue streams for JMTelcom.”
Edgewater Wireless’ WiFi3™ technology provides three independent channels per access point radio and delivers up to 50X aggregate throughput improvement when compared with single channel access point products. WiFi3™ technology delivers huge benefits to network capacity and provides smart phone, laptop and tablet users with dramatically improved download and upload performance for voice, video and data intensive applications.
Edgewater Wireless WiFi3™ access points (APs) will drive revenue growth and profitability for JMTelcom by enabling the flexibility to add new services and applications while drastically improving performance, accessibility and user satisfaction. The company will also reduce capital and operational expenditures by optimizing network deployment costs. “JMTelcom was quick to recognize the benefits of WiFi3™ and what it can do to greatly improve wireless network capacity for its customers,” said Andrew Skafel, President of Edgewater Wireless. “They are a great partner for Edgewater Wireless as they are focused on supporting the demand for WiFi in Central America. We are very pleased to have them as our partner in the region.” 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 based on its proprietary, next generation WiFi3™ technology which is designed to meet the high-performance, high quality of service (QoS) and high-reliability needs of modern mobile data usage. Leveraging over twenty (20) patents, Edgewater Wireless is redefining WiFi infrastructure with its WiFi3™ enabled Access Point products, and delivering next generation WiFi, today.
About JMTelcom:
JMTelcom is a distributor and systems integrator in Central America with offices in El Salvador and Guatemala. It was founded in 1985. For more information please visit www.jmtelcom.com.sv
For more information please contact:
Andrew Skafel or Luis Gerardo Martínez
Edgewater Wireless Systems Inc & JMTelcom S.A de C.V.
P:+1 613.271.1101 x 2262 +1 503.2246.6003
E: andrews@edgewaterwireless.com & luisg.martinez@jmtelcom.com.sv
Capital Ideas Investor Relations
Lalli Chapman
Phone: 647-669-7646
Email: lalli@capitalideasIR.com
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 Wi-Fi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation Wi-Fi, today.
The best solution for High-Density Wi-Fi 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 Wi-Fi network.
Explore the evolution of Wi-Fi at www.EdgewaterWireless.com
Forward-Looking Statements
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