BPS - I'll speak for myself and say I'm not disputing all of this and high density is a big deal and is the future. Though the company seems dissorganized:
Removing pages from a presentation showing rev estimates.
Saying "it's a home run" but nothing ever released. Yes, we can contact them about this as others have but that's something they should have updated since they did send out a NR about the pilot.
Revs of 20K, when they've forcasted over $2+ million for 2017 according to those lost pages on that very recent presentation?
The guidance from last year on F whatever most likely blind sided them so I'm over that. I'm not going to talk of the NDA's but what happened to EION, that was a design win and wasn't that supposed to have been rolled out into 2017?
Personally I beleive they have the technology but will they have the money to proceed as it's looking harder for them to raise everytime.
Do you believe Oct 11, or around then, we should hear that we're in partnership, or at the very least our technology is being used for Kroger's big announcement? I know AS said it should be announced in a couple of weeks in the NR.
BigPoppaStock wrote: I'm not going to reiterate the potential here. I think the recent investor update speaks for itself. EDGEWATER WIRELESS INVESTOR UPDATE Edgewater Wireless Systems Inc. has provided investors with an update on its business and activities. The cable industry Edgewater Wireless continues to enjoy and benefit from membership in the CableLabs and UpRamp family. As recently as July, the company announced its selection by the fifth-largest cable operator in the United States, Mediacom Cable, for deployment in the exclusive, 500-acre luxury resort, Watercolors. Located on the Florida panhandle (and thankfully spared from the wrath of hurricane Irma), all of its access points powered by WiFi3 are installed in the high-density areas of the resort and performing well. Look for some updates in the coming months as the company aims to expand its relationship with Mediacom, building on the successes to date. Buoyed by the company's early success with Mediacom, the company is continuing to work with the five other operators and partners from its UpRamp Fiterator participation announced earlier this year: Varying in size, some are larger, and some smaller than Mediacom, and across several market verticals. The company's strategy in the cable industry is to demonstrate that WiFi3 provides relief from the challenges associated with high-density or high-interference deployments in multiple market verticals, such as: entertainment venues, hospitality venues, campuses and more. The company is also opening new opportunities within the cable industry in the United States, as well as Europe and Asia. As an industry, cable is the largest consumer of WiFi equipment, and it is facing significant challenges to service and support its business and consumer customers. As all are aware, WiFi increasingly faces service interruptions and performance issues due to the ever-increasing device density and interference issues. Through the company's engagement with the cable industry, it is focused on solving major hurdles as the exponential growth in wireless devices continues. Many cable companies are planning for 40 to 60 devices in the home! Edgewater Wireless was recruited into the Fiterator Accelerator program to solve some of the most significant issues in cable WiFi services today and the future. On that note, through the company's continued focus on the cable industry, and buoyed by the company's recent participation at the CableLabs summer conference, the company is pleased to tell you that it has engaged with two additional cable companies. Its momentum continues to grow throughout the cable industry. For context on the company's success, it was a little over a year ago that this early-stage technology company from Ottawa was being introduced to the $500-billion cable industry for the very first time. Fast forward to today, where the company is now engaged with eight cable operators in North America and Europe. The company is extremely pleased with the growing interest by the cable industry in its WiFi3 technology, software and extensive patent portfolio. It is gaining ground and building opportunity in the face of major competitors like Qualcomm, Broadcom and others, which, despite their marketing hype, have still not managed to solve the challenges of high-density capacity and interference using the traditional, single-channel architecture approach. If they had, the company would not be engaged to the level it is within the cable industry, where WiFi makes up one-third (and growing) of all customer service calls. European update and global distributors While the company is primarily focused on working with its Fortune 500 partner (top-five global retailer) and significant opportunities in the cable industry, the company continues to execute its strategy of partnering on both the technology and commercial fronts. Technology partnerships give the company a path to multiply its research and development efforts by selecting best-in-class and innovative partners which the company then leverages to strengthen its solution (offering a complete package) or, in some cases, ramp production capabilities. While these are often not direct sales or near-term revenue creation opportunities, they significantly reduce the company's R&D spending requirements or enhance the company's ability to scale for larger customer engagements. Commercial sales partnerships, with great existing partners like Optima Networks, Wireless Republic or 2Plus, strengthen the company's efforts to scale the company's sales organization through indirect channels. Notably, Optima has been amazingly supportive and very busy evangelizing multichannel and WiFi3 -- look for more updates in the coming months as the company ramps Aera shipments. The company has partnered with 2Plus in Israel to further strengthen its sales efforts in the Middle East, and its friends at Wireless Republic recently launched a website to continue to strengthen the position of WiFi3 technology for Europe and the United Kingdom. On a more serious note, the company's customer in Haiti at Port Lafito was spared from hurricane Irma, and its units continue to perform well in this very busy commercial port. On the OEM (original equipment manufacturer) and licensing front, the company is pleased with the progress at its F500 customer. It has made some significant steps in its joint product development this year, from delivering and optimizing the world's first multichannel WiFi software driver to finalizing hardware designs, internal components and customer lead innovations. The company is increasingly excited about the engagement, and it is working arm in arm with the customer's R&D and innovation team to bring to market this innovative product, which the company believes will help reinvent how the industry approaches retail in-store technology infrastructure. The company is quite aware that the timeline for a broader joint announcement is taking longer than it had initially anticipated. It has heard you and wants to reassure you the project is still moving forward and the company is working toward an announcement in the coming weeks. As an update, Edgewater's WiFi3 driver has reached final release. The company and the F500 customer are very pleased with the work that the company's team has done. Slippages are by no means uncommon in larger projects, particularly with multiple technology vendors involved. The company will keep you updated as it continues to move forward with this exciting project. Over all, the opportunity with the company's F500 customer is very positive, and the company is also working closely with it to explore additional commercialization opportunities within the broader retail sector. Several investors have asked: What is the significance of a patent continuation? What does it mean and why do it? As a technology company, the company is continually innovating and strengthening its intellectual property portfolio -- an integral part of its strategy to maximize shareholder value. Recently, the company was awarded a patent continuation, which is indicative of its strategy to build a cluster of patents protecting its multichannel approach to WiFi. Continuation patents reduce the potential for industry players to design around patents -- it is as through building a wall to protect its secret sauce. Each continuation in a patent cluster adds another brick in the wall, helping to expand and solidify the scope of exclusivity provided. The company's efforts to raise Edgewater Wireless's profile have resulted in initial success with coverage and mention on BNN by leading analysts and fund managers. While Edgewater Wireless could follow the traditional, single-channel radio architecture or single-lane-road approach taken by the likes of Qualcomm, Broadcom and others, the company is innovating for the wireless future, where the exponential growth in connected devices continues to overburden the single-lane roads. The company's path is to solve the next generation of WiFi where the limits of traditional WiFi architecture and the physical science of limited spectrum are already reaching their breaking point. The company's opportunity is to solve the issues facing WiFi today, and the over years to come. Together, with the support of the company's investors, customers and entire team, the company will achieve success by building and innovating around its highly differentiated technology: WiFi3. WiFi3 is innovative, it is disruptive and it is the future of WiFi. 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 20 patents, Edgewater's WiFi3 is redefining WiFi technology with its wide-band, multichannel 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 the company's patented WiFi3 technology the right choice for your next WiFi network.