EDGEWATER WIRELESS SY ORD - KPIFF STOCK NEWS

Edgewater Wireless Systems (OTC: KPIFF) reported its Q3 2022 results, ending January 31, 2022. The company completed a successful pilot project with a Tier 1 Service Provider, showcasing its Spectrum Slicing technology that delivered a 50% latency improvement and throughput gains of 6 to 12 times for residential applications. Despite this progress, the company faced a net loss of $279,987, up from a loss of $132,056 in Q3 2021. Looking forward, Edgewater aims to leverage the Canadian government's $240 million investment in the semiconductor sector to enhance its operational capabilities.

Edgewater Wireless Systems Inc. (OTC: KPIFF) commends the Canadian government's announcement of a $240 million investment in the semiconductor sector. The funds aim to enhance Canada's capabilities in semiconductor development, with $150 million allocated through the Strategic Innovation Fund and $90 million for the Canadian Photonics Fabrication Centre. Edgewater, recognized for its Wi-Fi Spectrum Slicing technology, positions itself strongly in this evolving landscape, emphasizing its innovation and growth potential as Canada seeks to establish itself as a global semiconductor leader.

Edgewater Wireless Systems (OTC: KPIFF) is advancing its initiatives to on-shore silicon development for next-generation Wi-Fi Spectrum Slicing technology. This move aims to enhance control over silicon supply lines and improve quality assurance, aligning with North American manufacturing efforts. The company expects to create more jobs in Canada and the U.S., ultimately bringing its technology to the forefront of domestic chip production. The strategic focus on quality and supply certainty is set to streamline production processes.

Edgewater Wireless Systems (OTC Pink: KPIFF) announced its 2022 growth strategy, emphasizing the demand for its patented Spectrum Slicing technology in the wake of increased Wi-Fi usage. Following a successful pilot with a Tier 1 service provider, the company aims to expand its partnerships and sales operations.

The ongoing global semiconductor shortage presents challenges, yet it also provides growth opportunities for Edgewater. The firm plans to focus on partnerships, commercial pilots, and proof of concept expansions to cement its position in the industry.

Edgewater Wireless Systems Inc. (OTC: KPIFF) has announced its financial results for Q2 2022, ending October 31, 2021. The company reported a revenue of $4,100 from Wi-Fi Spectrum Slicing solutions, marking significant growth from $0 in Q2 2021. Gross margin stood at 87.8%, and net loss increased to $280,738 compared to $188,620 in the previous year due to intensified pilot testing and silicon production activities. The company is pivoting towards commercialization and expanding partnerships to enhance its market presence.

Edgewater Wireless Systems Inc. (OTC Pink: KPIFF) announces its participation in the SNN Network Canada Virtual Event from December 7-9, 2021. CEO Andrew Skafel will present the company's innovative Wi-Fi Spectrum Slicing technology, aimed at enhancing Wi-Fi performance amid growing IoT device usage. The event will allow real-time Q&A with investors, and an archived webcast will be available for those unable to attend live. The corporate presentation is scheduled for December 9 at 11:30 AM ET, with registration links provided for attendees.

Edgewater Wireless Systems (OTC PINK: KPIFF) will participate in the SNN Network Canada Virtual Event from December 7-9, 2021. President and CEO Andrew Skafel will discuss the company's innovative Wi-Fi Spectrum Slicing technology aimed at enhancing Wi-Fi network performance amidst rising IoT device usage. The event will feature a live presentation on December 9 at 11:30 AM ET, followed by a Q&A session. A recorded version will be available for those unable to attend live. For more details, visit Edgewater Wireless.

Edgewater Wireless (OTC PINK: KPIFF) announced successful tests of its Spectrum Slicing technology by a major Tier 1 service provider, showcasing significant performance improvements. The tests yielded a 50% reduction in latency and throughput gains of 6-12 times compared to existing Wi-Fi systems. Conducted by an independent organization under real-world conditions, these results validate the technology's effectiveness in both commercial and residential applications, with a noted performance boost in homes with multiple devices.

Edgewater Wireless Systems Inc. (OTC Pink: KPIFF) reported its financial results for the first quarter ending July 31, 2021. The company, focusing on Wi-Fi Spectrum Slicing technology, incurred a net loss of $286,445, up from $181,911 in Q1 2020. Sales and marketing expenses decreased to $36,951, while general and administrative expenses rose to $204,932. Cash and short-term investments stood at $1,053,925. Upcoming initiatives include expanding pilot projects with Tier 1 service providers and forming silicon partnerships to enhance commercialization efforts.