U.S. Markets closed

Edgewater Strengthens Team with Broadband and Media Industry Veteran

OTTAWA, Ontario--(BUSINESS WIRE)--

Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), making WiFi better with its next-generation WiFi3™ -- multi-channel WiFi chipsets and access point solutions for high-density wireless networks, today announced it has engaged the Scottsdale, Arizona-based firm Brunswick Street Advisory to provide communications strategy and counsel to the company.

Brunswick Street Advisory serves companies in the media, telecom and technology sectors with a variety of communications-related services, including strategic planning; messaging and positioning; media and analyst relations; writing and editing; industry outreach and business development. Its owner and principal, Lela Cocoros, is an award-winning veteran of the broadband, internet and television sectors, having held senior executive positions at Tele-Communications, Inc. (TCI), AT&T Broadband, NBC Corporate, and PlaceWise Digital; and consulting for clients such as Liberty Global, J:COM (Tokyo), Bright House Networks, IPITEK, The Cable Center, Women in Cable Telecommunications (WICT), Mediamorph and AlcaCruz.

“Edgewater Wireless is pleased to welcome Lela and her company to help us shape and develop our market positioning and visibility for our next phase of growth,” said Andrew Skafel, Edgewater Wireless President and CEO. “She is well known, well-connected and well-respected in cable and broadband - one of our strongest and most promising client verticals.”

“I’m delighted to work with Edgewater Wireless during this exciting time in its evolution,” said Cocoros. “The Edgewater team are true innovators, creating the next generation of WiFi that the company is now deploying. This is the future of a service that’s growing exponentially and needs Edgewater’s technology to continually manage increased traffic and improve the user experience.”

About Edgewater Wireless Systems Inc.:

Edgewater Wireless develops and commercializes leading edge technologies and intellectual property for the communications market. Edgewater Wireless delivers advanced product solutions designed to meet the high-density, high quality of service (QoS) and high-reliability needs of service providers and their customers. Leveraging over twenty-four (24) patents, Edgewater’s WiFi3™ is redefining WiFi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation WiFi, today.

The best solution for High-Density WiFi networks, Edgewater Wireless WiFi3 powered access point products enable innovative service providers to plan, build and deploy reliable, high-capacity services (like VoWiFI) for high-density wireless data demand in any environment.

Do more with less! Fewer access points delivering high quality service at a lower overall deployment cost make our patented WiFi3™ technology the right choice for your next WiFi network.

Explore the evolution of Wi-Fi at www.EdgewaterWireless.com and www.aera.io/

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/20181023005687/en/