Opens New Headquarter to tap innovation centre and to advance growth initiatives
May 19, 2022 – Ottawa, Canada – Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and enterprise markets, is pleased to announce, effective June 1, 2022, the company’s headquarters opens for business in Canada’s Largest Technology Park.
The move to 11 Hines Road in Kanata, Ontario, Canada, allows the company to consolidate locations to an innovation-focused, collaborative environment to foster its next growth phase and continues its commitment to onshoring its silicon development activities.
“Consolidating our operations in Canada’s innovation centre provides a high-energy, high-tech atmosphere for incubating our new growth initiatives,” said Andrew Skafel, President and CEO of Edgewater Wireless. “Locating in the Technology Park allows us access to some of the industry’s top talent, brings us closer to partners like CMC Microsystems and allows us to build top-tier lab facilities that help progress our customer engagements.”
The Kanata North Technology Park is home to more than 540 technology companies, ranging from start-ups to multinationals, and employing 33,000 people from the Ottawa community and beyond. From autonomous vehicle technologies to smart healthcare solutions and much more, where talent goes, innovation follows. The big news is there is no sign of this growth slowing down anytime soon!
For further information, please visit www.edgewaterwireless.com.
About Edgewater Wireless
We make Wi-Fi. Better.
Edgewater Wireless (www.edgewaterwireless.com) is the industry leader in innovative Spectrum Slicing technology for residential and commercial markets. We develop advanced Wi-Fi silicon solutions, Access Points, and IP licensing designed to meet the high-density and high quality-of-service needs of service providers and their customers. With 24+ patents, Edgewater’s Multi-Channel, Single Radio (MCSR) technology revolutionizes Wi-Fi, delivering next-generation Wi-Fi today.
Edgewater’s physical layer Spectrum Slicing allows a frequency band to be divided, or sliced, to enable more radios to operate in a given area. Think of Spectrum Slicing like moving from a single-lane road to a multi-lane highway — regardless of Wi-Fi technology. The recently completed Proof of Concept (PoC) with a major Tier 1 Service Provider showed 7 to 18 times performance gains in 75% of homes surveyed. Interestingly, homes with the most devices saw the greatest improvements.
For more information, visit www.edgewaterwireless.com.
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Edgewater Wireless Contacts:
Andrew Skafel, President and CEO
E: andrews@edgewaterwireless.com
Bill Mitoulas, Investor Relations
E: ir@edgewaterwireless.com
T: +1.416.479.9547
www.edgewaterwireless.com
Forward-Looking Statements
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