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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

Post by hushbabyon Jun 24, 2015 9:09am
255 Views
Post# 23862670

Edgewater Wireless WiFi3(tm) Connects with India's Rare Tech

Edgewater Wireless WiFi3(tm) Connects with India's Rare Tech

Edgewater Wireless WiFi3(tm) Connects with India's Rare Tech

Rare Tech Projects PVT Ltdto Establish Multi-Million Dollar WiFi3 Demo Centre in India

Ottawa, Canada / TheNewswire / June 24, 2015 - Edgewater Wireless Systems Inc (YFI; TSX.V), the manufacturer of multi-channel WiFi3 technology for high-density WiFi applications, is pleased to announce today that Rare Tech Projects PVT Ltd. will be establishing a high-density Demonstration Centre in India to showcase Edgewater Wireless EAP access point products.

The multi-million dollar Demonstration Centre will allow prospective commercial customers and regional partners to trial and demonstrate WiFi3 technology in real-time. The terms of the deal include the sale of access points and support services to Rare Tech Projects Pvt. Ltd. The Edgewater Wireless engineering team will work closely with Rare Tech over the coming months to support the construction of the Demonstration Centre.

“After extensive testing and evaluating Edgewater Wireless WiFi3 technology we believe it’s the right technology to address the high demand for WiFi from our customers,” said Sandeep Chadha, Managing Director of Rare Tech Projects Pvt. Ltd. “WiFi3 technology delivers a new standard for connecting more devices and delivering better performance and service for users. We have an immense, multi-million dollar market here in India, and WiFi3 is the right solution to address the growing issues of connectivity and congestion.”

There are over 960,000,000 mobile devices in India – second only to China for the most mobile devices in the world. The density of devices has created exponential demand for data and connectivity. Due to the lack of in-the-ground infrastructure, most of India relies on mobile connectivity to access the web. The Indian Government recently announced the roll out of free high-speed WiFi in 2500 cities and towns across India (https://bit.ly/1IZOZVh). Edgewater’s multi-channel WiFi3 AP architecture provides the highest possible WiFi system performance in high-density environments such as stadiums, public transit stations and shopping centers and is a natural fit to address the second highest density mobile market in the world.

“Edgewater Wireless has a strong focus on India as it is one of the fastest growing markets for Wi-Fi in the world and we’re very excited to partner with Sandeep and Rare Tech Projects PVT Ltd. to expand our market with this initial project in India,” said Andrew Skafel, CEO of Edgewater Wireless. “Rare Tech has taken the right approach to testing and evaluating multiple WiFi technologies for their high-density applications and WiFi3 came out on top. This is another great validation of our technology for high-density environments.”

Edgewaters WiFi3 powered technology is the best Wi-Fi solution for carriers, service providers and systems integrators to address the growing problems of interference, capacity and critical mass of users which is stretching networks to their breaking point. Edgewaters patented technology solves the high-density problem while also significantly reducing the equipment investment and operating costs for new network deployments.

Edgewater Wireless Marketing Contact:

Matt Massey

T: 613-797-9628

E: mattm@edgewaterwireless.com

www.edgewaterwireless.com

Edgewater Wireless Investor Contact:

Janet Eastman

T: 613-301-5026

E: janete@edgewaterwireless.com

www.edgewaterwireless.com

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 (20) patents, Edgewaters WiFi3™is redefining Wi-Fi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation Wi-Fi, today.

The best solution for High-Density Wi-Fi 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 Wi-Fi network.

Explore the evolution of Wi-Fi at www.EdgewaterWireless.com

About RARE TECH PROJECTS PVT LTD.

Founded in 2007, RARE TECH PROJECTS PVT LTD.is a specialized company focused on delivering 360-degree turn-key services and solutions to companies, institutes, associations and organizations throughout India. Rare Tech offers stable and engaged access for international companies to build reciprocal and mutually beneficial alliances with India-based organizations and to support general expansion to the Indian market.

We specialize in offering solutions and services that facilitate technology transfer, business collaborations, mergers & acquisitions all across the globe. The company maintains strong relationships with many International clients worldwide. RARE TECH PROJECTS PVT LTD.aspires to steer industry players in accomplishing the utmost opportunity in India.

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.

Copyright (c) 2015 TheNewswire - All rights reserved.

- See more at: https://thenewswire.ca/archives?tnwcatalyst2=release_id%3D16748#sthash.9oCfvPsH.dpuf
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