Edgewater Wireless Featured on Light Reading Podcast

Rhea-AI Summary

Edgewater Wireless Systems announced significant advancements in its Wi-Fi Spectrum Slicing technology, highlighting its capability to improve Wi-Fi performance by 7 to 18 times compared to traditional single-channel systems. CEO Andrew Skafel detailed the upcoming launch of the Wi-Fi 7 Spectrum Slicing platform and its integration with a major Tier 1 operator's residential gateways. The recently completed Proof of Concept showed notable performance gains, particularly in homes with multiple devices, demonstrating the technology's potential to enhance user experience in high-demand environments.

Positive

• Wi-Fi performance improvement of 7 to 18 times over legacy systems.
• Launch of the Wi-Fi 7 Spectrum Slicing platform planned for the upcoming year.
• Successful Proof of Concept with a major Tier 1 Service Provider showing significant performance gains in 75% of surveyed homes.

Negative

• Reliance on successful integration with a major Tier 1 operator's systems could pose risks.
• Forward-looking statements indicate uncertainties in the market and competition.

CEO Andrew Skafel outlines the Company’s groundbreaking Wi-Fi 7 technology and cable operator partnership roadmap.

OTTAWA,--(BUSINESS WIRE)-- 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, announced today that CEO Andrew Skafel was recently featured on Light Reading, the leading resource for the global communications and services industry.

Skafel joined Light Reading host and Senior Editor Jeff Baumgartner to update listeners on the Company’s patented spectrum slicing technology’s ability to reduce contention and create efficiencies that have been shown to improve Wi-Fi performance by 7 to 18 times over legacy single-channel Wi-Fi architectures. Skafel noted that the Company’s focus for the upcoming year is on launching its new Wi-Fi 7 Spectrum Slicing platform in conjunction with integrating the silicon into a major Tier 1 operator’s next-gen residential gateways.

The interview can be listened to by clicking on the link here.

Edgewater’s multi-channel/link silicon solutions have proven superior to the current single-channel architecture used in all of today’s Wi-Fi systems, delivering 50% lower latency and a throughput benefit of 7 to 18 times. Significantly, faster Wi-Fi was demonstrated on a mix of legacy and newer devices, indicating that with its innovative Spectrum Slicing approach, Edgewater can deliver next-generation performance for today and future devices. Edgewater ends the rip-and-replace cycle of previous standards changes.

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 26 granted 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.

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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221222005292/en/

Edgewater Wireless:

Andrew Skafel, President and CEO

E: andrews@edgewaterwireless.com



Bill Mitoulas, Investor Relations

E: ir@edgewaterwireless.com

T: +1.416.479.9547

Source: Edgewater Wireless Systems Inc.

FAQ

What is the impact of Edgewater's Wi-Fi 7 technology on performance?

Edgewater's Wi-Fi 7 technology offers performance improvements of 7 to 18 times over traditional Wi-Fi systems, enhancing user experience.

When will Edgewater Wireless launch its Wi-Fi 7 Spectrum Slicing platform?

Edgewater Wireless is planning to launch its Wi-Fi 7 Spectrum Slicing platform in the upcoming year.

What were the results of the recent Proof of Concept (PoC) conducted by Edgewater Wireless?

The Proof of Concept with a major Tier 1 Service Provider demonstrated performance gains in 75% of homes surveyed, especially in those with many devices.

What risks are associated with Edgewater Wireless's future plans?

There are risks related to market competition and the successful integration with a Tier 1 operator's systems, as highlighted in their forward-looking statements.