Edgewater Wireless Provides Commentary on Avon River Ventures LLC Valuation Report Press Release
Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), a leader in Wi-Fi Spectrum Slicing technology, has responded to an unauthorized news release by Avon River Ventures regarding an IP valuation. As part of a potential non-dilutive IP-backed lending facility, Edgewater had engaged Avon River Ventures for a comprehensive IP valuation of its portfolio and trade secrets. The unauthorized release indicated a valuation range of US$90M to US$180M for Edgewater's IP asset portfolio.
However, Edgewater management has not received the final proprietary valuation report and cannot comment on its details. The company remains committed to corporate governance and transparency. Edgewater's CEO, Andrew Skafel, emphasized the importance of their intellectual property in creating differentiated silicon solutions, particularly in light of the WiFi7 standard and its MLO feature. Management cautions readers not to solely rely on the information in the Avon River news release.
Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), leader nella tecnologia di slicing dello spettro Wi-Fi, ha risposto a un comunicato stampa non autorizzato di Avon River Ventures riguardante una valutazione della proprietà intellettuale. Come parte di un potenziale finanziamento non diluitivo garantito da proprietà intellettuale, Edgewater aveva coinvolto Avon River Ventures per una valutazione completa del proprio portafoglio e dei segreti commerciali. Il comunicato non autorizzato indicava un intervallo di valutazione compreso tra 90 milioni di dollari e 180 milioni di dollari per il portafoglio di asset IP di Edgewater.
Tuttavia, la gestione di Edgewater non ha ricevuto il rapporto di valutazione proprietario finale e non può commentare i suoi dettagli. L'azienda rimane impegnata nella governance aziendale e nella trasparenza. Il CEO di Edgewater, Andrew Skafel, ha sottolineato l'importanza della propria proprietà intellettuale nella creazione di soluzioni siliconiche differenziate, in particolare alla luce dello e della sua funzione MLO. La direzione invita i lettori a non fare affidamento esclusivamente sulle informazioni contenute nel comunicato di Avon River.
Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), un líder en tecnología de segmentación del espectro Wi-Fi, ha respondido a un comunicado de prensa no autorizado de Avon River Ventures relacionado con una valoración de propiedad intelectual. Como parte de una posible instalación de préstamo respaldada por propiedades intelectuales que no diluyen, Edgewater había contratado a Avon River Ventures para una valoración integral de su cartera y secretos comerciales. El comunicado no autorizado indicaba un rango de valoración de 90 millones a 180 millones de dólares estadounidenses para el portafolio de activos IP de Edgewater.
Sin embargo, la dirección de Edgewater no ha recibido el informe de valoración propietario final y no puede comentar sobre sus detalles. La empresa sigue comprometida con la gobernanza corporativa y la transparencia. El CEO de Edgewater, Andrew Skafel, enfatizó la importancia de su propiedad intelectual en la creación de soluciones de silicio diferenciadas, particularmente a la luz del estándar WiFi7 y su función MLO. La dirección advierte a los lectores que no se basen únicamente en la información del comunicado de Avon River.
엣지워터 무선 시스템즈 주식회사 (TSXV: YFI) (OTC: KPIFF)는 와이파이 스펙트럼 슬라이싱 기술의 선두주자로서, Avon River Ventures의 지적 재산(IP) 평가 관련 허가되지 않은 뉴스 릴리스에 대한 응답을 하였습니다. 엣지워터는 비희석형 IP 담보 대출을 위한 잠재적 금융 방안의 일환으로 Avon River Ventures에 포트폴리오 및 상업 비밀에 대한 종합적인 IP 평가를 의뢰했습니다. 허가되지 않은 릴리스는 엣지워터의 IP 자산 포트폴리오에 대한 평가 범위가 9000만 달러에서 1억 8000만 달러라고 언급하였습니다.
그러나 엣지워터 경영진은 최종 독점 평가 보고서를 받지 못했으며 그 세부 사항에 대해 언급할 수 없습니다. 회사는 기업 거버넌스 및 투명성에 대한 약속을 유지하고 있습니다. 엣지워터의 CEO인 Andrew Skafel은 WiFi7 표준 및 그 MLO 기능에 비추어, 차별화된 실리콘 솔루션을 창출하는 데 있어 지적 재산의 중요성을 강조했습니다. 경영진은 독자들에게 Avon River 뉴스 릴리스의 정보에만 의존하지 말 것을 권고합니다.
Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), un leader dans la technologie de découpage du spectre Wi-Fi, a réagi à un communiqué de presse non autorisé d'Avon River Ventures concernant une évaluation de propriété intellectuelle. Dans le cadre d'un éventuel financement non dilutif soutenu par de la propriété intellectuelle, Edgewater avait engagé Avon River Ventures pour une évaluation complète de son portefeuille et de ses secrets commerciaux. Le communiqué non autorisé indiquait une fourchette d'évaluation allant de 90 millions à 180 millions de dollars US pour le portefeuille d'actifs de propriété intellectuelle d'Edgewater.
Cependant, la direction d'Edgewater n'a pas reçu le rapport d'évaluation propriétaire final et ne peut pas commenter ses détails. L'entreprise reste engagée en faveur de la gouvernance d'entreprise et de la transparence. Le PDG d'Edgewater, Andrew Skafel, a souligné l'importance de sa propriété intellectuelle dans la création de solutions en silicium différenciées, notamment à la lumière de la norme WiFi7 et de sa fonctionnalité MLO. La direction met en garde les lecteurs de ne pas se fier uniquement aux informations contenues dans le communiqué d'Avon River.
Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), ein führendes Unternehmen in der Wi-Fi Spectrum Slicing Technologie, hat auf eine unautorisierte Pressemitteilung von Avon River Ventures bezüglich einer IP-Bewertung reagiert. Im Rahmen einer potenziellen nicht verwässernden, IP-gestützten Kreditfazilität hatte Edgewater Avon River Ventures mit einer umfassenden IP-Bewertung seines Portfolios und seiner Geschäftsgeheimnisse beauftragt. Die unautorisierte Mitteilung gab einen Bewertungsbereich von 90 Millionen bis 180 Millionen US-Dollar für das IP-Asset-Portfolio von Edgewater an.
Allerdings hat das Management von Edgewater den finalen proprietären Bewertungsbericht nicht erhalten und kann dessen Einzelheiten nicht kommentieren. Das Unternehmen bleibt der Unternehmensführung und Transparenz verpflichtet. Der CEO von Edgewater, Andrew Skafel, betonte die Bedeutung ihrer geistigen Eigentumsrechte bei der Schaffung von differenzierten Siliziumlösungen, insbesondere im Hinblick auf den WiFi7-Standard und seine MLO-Funktion. Das Management warnt die Leser, sich nicht ausschließlich auf die Informationen in der Pressemitteilung von Avon River zu verlassen.
- Potential valuation of IP asset portfolio between US$90M and US$180M
- Strong foundation of intellectual property and trade secrets
- Focus on production of next-generation Spectrum Slicing silicon solutions
- Alignment with WiFi7 standard and MLO feature
- Unauthorized release of valuation information
- Management lacks access to the final proprietary valuation report
- Inability to verify or comment on the details of the valuation report
As part of a potential non-dilutive IP-backed lending facility, Edgewater had engaged Avon River Ventures and their partners to conduct a comprehensive IP valuation of the Company’s portfolio and trade secrets. This engagement aimed to provide Edgewater with an independent valuation and detailed assessment of the Company’s potential market value and growth prospects including silicon sales as well as IP and trade secret licensing by global semiconductor companies. The proprietary report remains inaccessible to both Edgewater management and our shareholders.
Avon Rivers Ventures LLC prepared a summary of Edgewater's Valuation and IP asset portfolio valued between
“While we are pleased with the valuation range of
Edgewater Management cautions readers to refrain from solely relying upon the information in the Avon River news release particularly regarding the IP valuation and should research publicly available information on the Company’s patent portfolio.
About Avon River Ventures LLC
Avon River Ventures specializes in appraising both intangible and tangible assets, providing financial solutions that acknowledge the growing significance of intellectual property in today's knowledge-driven economy. The firm's proficiency in IP-backed Financing and patent sales underscores its profound understanding of the value of intellectual property in the modern business landscape.
To learn more about Avon River Ventures’ IP Valuation Practices, please visit: https://avonriverventures.com/intellectual-property-ip-valuation/
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 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
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/20240815090530/en/
Edgewater Wireless Contacts:
Andrew Skafel, President and CEO
E: andrews@edgewaterwireless.com
T: +1 613 271 3710
Bill Mitoulas, Investor Relations
E: ir@edgewaterwireless.com
T: +1.416.479.9547
Source: Edgewater Wireless Systems Inc.
FAQ
What is the reported valuation range for Edgewater Wireless Systems Inc.'s (KPIFF) IP portfolio?
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What technology is Edgewater Wireless (KPIFF) focusing on for their next-generation solutions?
Why did Edgewater Wireless (KPIFF) engage Avon River Ventures for an IP valuation?
