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Edgewater Wireless Chosen for Global Corporate Venturing & Innovation Summit

GCVI attendees will learn how WiFi3™ is Pushing WiFi Beyond Limits

OTTAWA, Canada, January 29, 2018 /PRNewswire/ --

Edgewater Wireless Systems Inc. (YFI:TSX.V) (KPIFF), the developer of WiFi3™ ultra-wideband, multi-channel WiFi for high-density/high-interference wireless networks today announced that the company has been chosen by CableLabs UpRamp to attend the Global Corporate Venturing and Innovation Summit (GCVI), kicking off Wednesday, January 31st 2018 in Monterey, California.

"We're honored to have been asked by our friends at UpRamp to attend GCVI, as well as, have the opportunity to introduce our WIFi3™ technology to a select audience of business and technology experts," said Andrew Skafel, President and CEO of Edgewater Wireless. "Edgewater is attending the event with tremendous momentum after announcing a major OEM partnership and we're excited to connect with business leaders and introduce them to WiFi3™ at this exclusive event."

GCVI brings together over 500 business leaders from the corporate venturing and innovation ecosystem for a 2-plus day event spotlighting corporate venturing and innovation partnership approaches. Speakers at the invent include Janey Hoe from Cisco Investments, Wendell Brooks from Intel Capital, Amy Banse of Comcast Ventures, and Quinn Li from Qualcomm Ventures.

Edgewater Wireless also anticipates the company will complete the process for listing on the OTCQB in United States under the ticker symbol (KPIFF; OTCMKTS ) soon and will provide an update when completed.

Edgewater Wireless is also highlighting our successes at the National Retail Federation (NRF), the retail industry's premier show in New York City in January 2018. Edgewater received significant media coverage of this milestone event:

Backed by 24 patents, Edgewater's WiFi3™ is the best solution for in high-density WiFi applications. Edgewater's patented technology mitigates adjacent and co-channel interference to enable multiple, concurrent channels of transmit and receive from a single WiFi standards-compliant radio. WiFi3™ is designed and built to meet the challenges of smart retail, enterprises and event venues (including stadiums and indoor arenas) where thousands of people access their WiFi-connected mobile devices.

Delivering the highest channel density in the industry means fewer access points to deliver the highest Quality of Service (QoS) for users.  For more information on High-Density WiFi solutions and OEM packages, visit:http://www.edgewaterwireless.com or http://www.aera.io/

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 http://www.EdgewaterWireless.com and http://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.

Edgewater Wireless Investor Contact:
Matt Massey
VP, Marketing
T: +1-613-797-9628
E: mattm@edgewaterwireless.com
W: http://www.edgewaterwireless.com

Edgewater Wireless Media Contact 

Jennifer Schenberg
T: +1-917-445-4454
E: jennifer@penvine.com