EDGEWATER WIRELESS SY ORD - KPIFF STOCK NEWS

Edgewater Wireless Systems (TSXV: YFI, OTC: KPIFF) has filed a worldwide patent application for its technology, 'Method and Apparatus for In-Band Multi-Channel Determination and Utilization.' This new patent includes application-layer intelligence, enhancing Edgewater’s portfolio. With the industry's shift towards WiFi7 and Multi-Link Operation (MLO), Spectrum Slicing technology has become crucial. Edgewater, backed by 26 granted patents, aims to impact the $39.4 billion global Wi-Fi market. The patent application, US Patent No. 18/643,333 and International Application No. PCT/CA2024/050533, was filed in April 2023. The invention utilizes an AI-driven algorithm stack to optimize Wi-Fi channel configuration within spectral bands. This development reinforces Edgewater's leadership in Wi-Fi innovation.

Edgewater Wireless Systems Inc. applauds the NRC IRAP IP Assist Program for supporting the development of Canadian IP and helping secure next-generation wireless capabilities. The program aids in the development of ground-breaking Wi-Fi and wireless IP, positioning Edgewater as a leader in Wi-Fi Spectrum Slicing technology. Through support from NRC IRAP, Edgewater can enhance Wi-Fi service delivery, decrease latency, and increase aggregate throughput, solidifying its position in the global wireless and semiconductor ecosystem.

Edgewater Wireless Systems Inc. (KPIFF) has partnered with the Alliance of Semiconductor Innovation Canada (ASIC) to enhance the Canadian semiconductor ecosystem. ASIC aims to strengthen the semiconductor industry in Canada through collaboration with key industry players.

Edgewater Wireless Systems Inc. (YFI) to participate in the Canadian Semiconductor Symposium to discuss cutting-edge advancements in semiconductor technology in Canada. The symposium will feature prominent voices from across Canada’s semiconductor ecosystem, including business leaders, researchers, entrepreneurs, and government agencies, aiming to propel the Canadian semiconductor ecosystem into the next generation of innovation.

Edgewater Wireless Systems Inc. (YFI) Announces Non-Brokered Private Placement Offering: Edgewater Wireless Systems Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 units at a price of $0.05 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share and one common share purchase warrant. The company expects to use the net proceeds for product commercialization and general working capital.

Edgewater Wireless Systems announces strategic collaboration with C2MI for next-generation WiFi7 Spectrum Slicing solution

Edgewater Wireless Systems Inc. announces financial and operational results for FY 2023, including a net loss of $799,444 and revenue of $7,574. The launch of their next-generation WiFi7 Spectrum Slicing silicon has generated interest from Tier 1 Service Providers and OEMs.

Edgewater Wireless delays filing of annual financial statements, potential adjustment to convertible debentures

Edgewater Wireless receives strong demand for engineering samples of its MLX 488 WiFi7 Spectrum Slicing platform from Tier-1 service providers and OEMs, indicating growing demand for its next-generation solutions. Delivery targeted in Q2 2024. Features include dynamic channel width selection, Multi-flex MLO, Intelligent Channel Association, and standard WiFi7 features. Spectrum Slicing allows for improved performance without replacing existing devices. Anticipated growth supported by capital, alliances, government programs, and market penetration of Wi-Fi 7 product line.