April 26, 2019 – Ottawa, Canada–Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), the industry leader in innovative WiFi Multi-Channel Single Radio (MCSR™) technology for residential and commercial markets, is pleased to announce that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated March 19, 2019, were approved by a majority of the votes cast by shareholders present or represented by proxy at the Meeting.
Highlights of the AGM presentation:
- 539% growth (Year to date over Fiscal Year 2018)
- Growing number of software applications by industry leaders driving demand for MCSR™ chipsets:
- MCSR™ software driver package
- Fluid MX Controller and reference designs
- Broadcast WiFi application (BX-WiFi)
- Path forward to include:
- Applications to driver adoption of MCSR™ chipsets
- Residential opportunities
- Design-ins for MCSR™ chipsets and silicon solutions
The 2018 AGM presentation is available here.
Results were as follows:
| NAME | FOR | % | WITHHELD | % |
| Hubert A. J. Whyte | 59,668,871 | 99.79 | 126,738 | 0.21 |
| Brian Imrie | 59,624,371 | 99.71 | 171,238 | 0.29 |
| Jane Barratt | 59,554,871 | 99.60 | 240,738 | 0.40 |
| Stephen Andrews | 58,076,371 | 97.12 | 1,719,238 | 2.88 |
| Andrew Skafel | 59,527,371 | 99.55 | 268,238 | 0.45 |
| Christopher R. McGillivray | 45,050,970 | 75.34 | 14,744,639 | 24.66 |
| Dr. Richard N. Nottenburg | 59,659,371 | 99.77 | 136,238 | 0.23 |
“The Board of Directors, Management and team at Edgewater Wireless thank Lew Dillman for his service in building the company,” said Andrew Skafel, President and CEO for Edgewater Wireless. “His counsel and support has been invaluable. We wish him well in his future endeavours.”
About Edgewater Wireless
We make WiFi. Better.
Edgewater Wireless (www.edgewaterwireless.com) is the industry leader in innovative WiFi technology for residential and commercial markets. We deliver advanced silicon solutions 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 WiFi with its aera™ access point product line, delivering next-generation WiFi today.
The best solution for High-Density WiFi networks, Edgewater provides reference designs for easy OEM integration, enabling service providers to plan, build and deploy reliable, high-capacity services to meet data demand in any environment, while fewer access points means lower deployment costs.
For more information, visit: www.edgewaterwireless.comor www.aera.io
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Edgewater Wireless Investor Contact:
Andrew Skafel
President and CEO
T: +1 613-271-3710
E: [email protected]
W: www.edgewaterwireless.com
Forward-Looking Statements
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