President & CEO Andrew Skafel will detail the proven performance and powerful capabilities of the Company’s Spectrum Slicing Approach

May 17, 2022 – Ottawa, Canada – Edgewater Wireless Systems Inc. (“Edgewater” or the “Company”) (TSXV: YFI) (OTC: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and enterprise markets, is pleased to invite investors and other interested parties to attend the Company’s upcoming interview with Radius Research.

Andrew Skafel, President and CEO of Edgewater, and Martin Gagel of Radius will discuss the Company’s opportunity to deliver its patented next-generation technology to service providers who desperately need an alternative Wi-Fi solution. Legacy, single-channel architectures simply can’t cope with today’s growing network demands. In a successful pilot project with a major Tier 1 service provider, Edgewater’s Wi-Fi Spectrum Slicing demonstrated significant real-world superiority versus the current physical layer single-channel architecture offered by ALL today’s Wi-Fi systems, up to and including WiFi6E.

The webinar will be a live, interactive online event where attendees are invited to ask the Company questions in real-time following the interview. An archived webcast will be made available for those who cannot join the event live on the day of the webinar.

Event: Radius Research Pitch, Deep Dive and Q&A with Edgewater Wireless Systems

Presentation Date & Time: Thursday, May 19 @ 4:15 PM ET / 1:15 PM PT

Webcast Registration Link: https://us02web.zoom.us/webinar/register/1516522873052/WN_49OZmaKwSKSuIjptsEyDiw

Market Radius Research provides individual investors with in-depth CEO and management interviews with deep-dive, institutional level discussion and Q&A. Market Radius’ host Martin Gagel is a former top-ranked sell-side technology and special situations analyst.

About Edgewater Wireless
We make Wi-Fi. Better.
Edgewater Wireless 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 25+ 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.

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

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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