March 29, 2018 Ottawa, Canada – Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), the developer of WiFi3™ ultra-wideband, multi-channel WiFi for high-density/high-interference wireless applications, today announced Edgewater Wireless manufacturing partner SMTC Canada has exercised 840,000 of Edgewater Wireless Systems Inc. common share warrants.
“We are pleased that an Edgewater Wireless manufacturing partner has demonstrated their support for the company and our opportunities for growth and development.” said Andrew Skafel, President and CEO of Edgewater Wireless. “We are continually focused on putting the right building blocks in place to set the stage for growth in a rapidly expanding and changing wireless industry. We are poised to make massive strides in the coming months and years.”
The value of the 840,000 common share warrants has a strike price of 0.375 cents.
Edgewater’s WiFi3™ powered technology is the best Wi-Fi solution for carriers, service providers and systems integrators to address the growing problems of interference, capacity and critical mass of users which is stretching WiFi and IOT networks to their breaking point. Edgewater’s patented technology solves the high-density problem while also significantly reducing the equipment investment and operating costs for new network deployments.
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Edgewater Wireless Contact:
Matt Massey
T: +1 613-797-9628
E: mattm@edgewaterwireless.com
W: www.edgewaterwireless.com