Edgewater Wireless to join Wi-Fi Industry Leaders and Innovators at Wireless Global Congress 2022

Rhea-AI Summary

Edgewater Wireless Systems Inc. (OTC: KPIFF) will preview its next-generation WiFi7 solutions at the Wireless Global Congress 2022 in Amsterdam from October 17-20. The company focuses on its multi-link silicon solutions, which promise lower latency (50% less) and significantly increased throughput (7 to 18 times) compared to traditional Wi-Fi systems. Their patented Spectrum Slicing technology aims to enhance residential Wi-Fi applications while allowing existing devices to continue working without upgrades, potentially reducing costs for service providers.

Positive

• Introduction of multi-link silicon solutions expected to lower latency by 50% and increase throughput by 7 to 18 times.
• Patented WiFi7 Spectrum Slicing technology allows existing devices to be used, avoiding costly upgrades.
• Participation in Wireless Global Congress enhances visibility among industry leaders.

Negative

• None.

Edgewater to preview next-generation Spectrum Slicing powered WiFi7 solutions to select Service Providers

OTTAWA, Ontario--(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 it will join Wi-Fi industry leaders at the upcoming Wireless Global Congress 2022 event (“WGC”), Wi-Fi Revolution: Driving Digital Growth, taking place at the RAI Convention Centre in Amsterdam, the Netherlands from October 17 – 20.

Edgewater will preview to select Service Providers the powerful potential of the Company’s multi-link silicon solutions and its opportunity to meet the needs of the emerging WiFi7 standard and its hallmark feature, Multi-Link Operation (MLO).

Edgewater’s groundbreaking in-band multi-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.^{1, 2} Significantly, improved latency and throughput were demonstrated using a mix of legacy and current Wi-Fi devices — eliminating the costly rip-and-replace cycle of legacy Wi-Fi architectures.

Edgewater will be offering a preview of the Company’s patented WiFi7 Spectrum Slicing Solutions engineered for residential Wi-Fi applications to select WBA members at the event in Amsterdam from Monday, October 17 to Thursday, October 20.

To book a meeting with Edgewater’s senior team, please contact the Company here.

The Wireless Global Congress 2022 is presented by the Wireless Broadband Alliance (WBA), a global organization that connects people with the latest Wi-Fi initiatives. Founded in 2003, the vision of the WBA is to drive seamless, interoperable service experiences via Wi-Fi within the global wireless ecosystem. The WBA empowers its members to resolve standards and technical issues, promote end-to-end services and accelerate business opportunities. The WBA Board includes major operators and key industry players such as Airties, AT&T, BT, Cisco, Comcast and other global players.

Edgewater’s WGC 2022 participation follows its recent invitation by the WBA to attend its Innovation Forum, a unique gathering of industry technology leaders with the shared ambition of shaping the wireless future and accelerating the industry roadmap’s development. Comprised of top executives from leading technology companies, the Forum met to discuss and map out initiatives to accelerate the adoption of Wi-Fi, 5G, and convergence services across carriers, enterprises and consumers. Led by the WBA’s CTO Group the Forum originated an initiative consisting of four well-defined pillars: Strategic Alignment, Global Diversity, Execution Capacity, and Impactful Deliverables.

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 service providers’ and their customers’ high-density and high-quality-of-service needs. 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) and Pilot 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 most significant improvements.

For more information, visit www.edgewaterwireless.com.

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.

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.

^{_______________________
1} Source: https://edgewaterwireless.com/edgewater-major-service-provider-completes-proof-of-concept-demonstrating-outstanding-results/
² Source: https://edgewaterwireless.com/edgewater-wireless-wi-fi-spectrum-slicing-once-again-demonstrates-superiority/

View source version on businesswire.com: https://www.businesswire.com/news/home/20221013005749/en/

Edgewater Wireless:

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 will Edgewater preview at the Wireless Global Congress 2022?

Edgewater Wireless will preview its next-generation WiFi7 solutions, focusing on multi-link silicon technology that delivers lower latency and higher throughput.

What are the performance benefits of Edgewater's multi-link silicon solutions?

They offer 50% lower latency and throughput improvements ranging from 7 to 18 times compared to current Wi-Fi systems.

When is the Wireless Global Congress 2022 taking place?

The Wireless Global Congress 2022 will take place from October 17-20 in Amsterdam.

How does Edgewater's Spectrum Slicing technology benefit service providers?

It allows service providers to utilize existing devices, reducing the need for costly upgrades while improving Wi-Fi performance.