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Edgewater Wireless Systems Inc V.YFI

Alternate Symbol(s):  KPIFF

Edgewater Wireless Systems Inc. is engaged in Spectrum Slicing technology for residential and commercial markets. The Company develops advanced wireless fidelity (Wi-Fi) silicon solutions, access points, and intellectual property (IP) licensing designed to meet the service needs of service providers and their customers. Its physical layer Spectrum Slicing allows a frequency band to be divided, or sliced, to enable more radios to operate in a given area. Its silicon solutions are products delivering multiple, concurrent channels of Tx and Rx from a single, Wi-Fi standard compliant radio. Its Spectrum Slicing powered products are designed to address the needs of carrier-class, high-density Wi-Fi for both residential and commercial deployments. Its products are designed with its comprehensive, user- friendly and intuitive Element Management System-EdgeNet, that offers service providers with flexibility in configuring and independently monitoring each 802.11 channel in the network.


TSXV:YFI - Post by User

Comment by GoodTradeon Nov 27, 2018 9:58am
49 Views
Post# 29026442

RE:Upgrade

RE:Upgradeaka - $50k revenue coming.. and of that, $48k was cost of goods/services sold, so $2k gross profit. awesome!

freedom45 wrote:

OTTAWA, Ontario -- (Business Wire)

Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), making WiFi better with its next-generation Multi-Channel Single Radio (MCSR) technology – multi-channel WiFi chipsets and access point solutions for high-density wireless networks – announced today that it has completed the upgrade of its aera™ high-density WiFi system at Wagener Stadium in Amstelveen, Netherlands.

Wagener, the country’s national field hockey stadium, has installed Edgewater’s most recent release of the company’s FLUID MX Controller software, which includes the following features:

  • Performance monitoring for all aera™ access point deployments, including new PowerZoning™ throughput monitoring – Edgewater’s industry-leading and exclusive per-channel power and association rate control feature
  • AP density monitoring for all aera™ access point deployments
  • Geolocation metrics for access point location identification

The upgrade allows Wagener Stadium’s network operator to assess peak performance of the aera™ WiFi system, and inform system administrators when any issues arise in the network. The data can then be used to adjust PowerZoning™ settings, and push these new settings to the access points from the controller. This new visibility allows system administrators to fine tune the system as needed, enabling a more timely response to problems and even more reliable WiFi performance for users.

“Wagener Stadium’s upgrade of its aera™ MCSR network is a strong indication of client satisfaction with our products and solutions,” said Eric Smith, VP of Product for Edgewater Wireless. “Edgewater is committed to continuously improving its solutions to help its customers gather the right data and enable them to better anticipate service issues.”

“From a commercial perspective, the Wagener system upgrade is significant for our company,” said Andrew Skafel, President and CEO of Edgewater Wireless. “The FLUID MX Controller features and functionality further enhance our industry leading capabilities. It provides us another revenue stream to entrench our technology with existing customers and offers us proof of concept to potential ones.”

Wagener was the first sports venue in the world to install Edgewater’s MCSR technology last year, in conjunction with the start of the 2017 European Hockey Championships. Originally built in 1938, Wagener had recently undergone major renovation and installed Edgewater’s MCSR technology throughout the building, including all premium guest seating as well as stadium offices, pressbox and hospitality facilities. The stadium holds approximately 9,000 guests.




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