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Bullboard - Stock Discussion Forum 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... see more

TSXV:YFI - Post Discussion

Edgewater Wireless Systems Inc > The silence is broken
View:
Post by Pandora on Feb 02, 2021 8:43pm

The silence is broken

 

Edgewater Wireless to focus on 5G WiFi spectrum slicing

 

2021-02-02 19:44 ET - News Release

 

Mr. Andrew Skafel reports

EDGEWATER TO FOCUS ON THE ROLE OF WI-FI SPECTRUM SLICING IN 5G WORLD; EXPLORES EXPANSION OF CORE TECHNOLOGY TO CAPTURE GROWING 5G OPPORTUNITIES

Edgewater Wireless Systems Inc. will focus on the role of WiFi spectrum slicing in the 5G world. The company explores the expansion of its core technology to capture growing global 5G momentum.

Global technology, media and telecom (TMT) industry momentum in 5G and the increasing importance of WiFi indoor create opportunities for a converged digital world. With over eight billion WiFi devices (Monica Paolini, WBA annual industry report 2019, Wireless Broadband Alliance), 70 per cent of cellular data over WiFi (Monica Paolini, WBA annual industry report 2019, Wireless Broadband Alliance) and the acceleration of work-from-home resulting from the global pandemic, WiFi will play a critical role in realizing the 5G ambition.

To help navigate these future trends, Edgewater has earned access to leading industry bodies such as CableLabs and the Wireless Broadband Alliance (WBA), and continues to build on relationships with industry leaders to advise on the new opportunities for Edgewater's patented approach.

In view of the need to focus on these critical industry trends and increasing personal European commitments, Steve Andrews and Richard Nottenburg have transitioned from the board of directors to an advisory capacity. They will play a more strategic advisory role for the company as the company advances.

"We thank Steve and Richard for their contributions to the board of directors, and look forward to continuing to work with them as they move into their new roles," said Brian Imrie, director of Edgewater Wireless.

Comment by Pandora on Feb 02, 2021 9:05pm
Trimming the Board of Directors again. Steve and Robert were directors and advisors - now they are strictly advisors??? The Board becomes a 3 man team - Brian Imre, Bert Whyte and Andrew - unless they are going to backfill which considering the current state of affairs is not likely. So the silence may be broken but other than the shift of personnel nothing else of consequence is stated. The ...more  
Comment by Pandora on Feb 02, 2021 9:09pm
Edit, edit, edit! Malfunction of the aged brain. That should say Steve and Richard - not Steve and Robert. My apologies.
Comment by Brian78 on Feb 02, 2021 9:21pm
interesting, seems like half a news release to me after a long bit of silence. Wonder how long it will take for a follow up?
Comment by grm9727 on Feb 02, 2021 11:01pm
I am happy that we have finally heard something from Edgewater, it has been far to long but hopefully going forward we can get on the right track. Now all we need is news about when we will be able to trade again. I Hope there will be another news release with more positive news just before we open for trading. I know its a big ask but hope is all we have right now. G
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