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Edgewater Wireless Reports 2018 AGM Results

OTTAWA, Ontario--(BUSINESS WIRE)--

Edgewater Wireless Systems Inc. (YFI:TSX.V) (OTCQB:KPIFF), the industry leader in innovative WiFi Multi-Channel Single Radio (MCSR™) technology for residential and commercial markets, is pleased to announce that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated March 19, 2019, were approved by a majority of the votes cast by shareholders present or represented by proxy at the Meeting.

Results were as follows:

 

           
NAME     FOR     WITHHELD
      NUMBER     %     NUMBER     %
Hubert A. J. Whyte     59,668,871     99.79     126,738     0.21
Brian Imrie     59,624,371     99.71     171,238     0.29
Jane Barratt     59,554,871     99.60     240,738     0.40
Stephen Andrews     58,076,371     97.12     1,719,238     2.88
Andrew Skafel     59,527,371     99.55     268,238     0.45
Christopher R. McGillivray     45,050,970     75.34     14,744,639     24.66
Dr. Richard N. Nottenburg     59,659,371     99.77     136,238     0.23

"The Board of Directors, Management and team at Edgewater Wireless thank Lew Dillman for his service in building the company,” said Andrew Skafel, President and CEO for Edgewater Wireless. "His counsel and support has been invaluable. We wish him well in his future endeavours."

The 2018 AGM presentation is available on the company’s website at: www.edgewaterwireless.com/company/media.

About Edgewater Wireless

We make WiFi. Better.

Edgewater Wireless (www.edgewaterwireless.com) is the industry leader in innovative WiFi technology for residential and commercial markets. We deliver advanced silicon solutions designed to meet the high-density and high quality-of-service needs of service providers and their customers. With 24+ patents, Edgewater’s Multi-Channel, Single Radio (MCSR) technology revolutionizes WiFi with its aera™ access point product line, delivering next-generation WiFi today.

The best solution for High-Density WiFi networks, Edgewater provides reference designs for easy OEM integration, enabling service providers to plan, build and deploy reliable, high-capacity services to meet data demand in any environment, while fewer access points means lower deployment costs.

For more information, visit: www.edgewaterwireless.com or 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.

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