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Edgewater Wireless Announces Addition to Board of Directors

V.YFI | June 29, 2018

Edgewater Wireless Announces Addition to Board of Directors

Edgewater Wireless Systems Inc. ( TSX.V: YFI ) (OTCQB: KPIFF), the developer of WiFi3™ ultra-wideband, multi-channel WiFi for high-density and high-interference wireless applications, today announced Mr. Chris McGillivray is joining the company’s Board of Directors, subject to approval by the TSX Venture Exchange.

Chris McGillivray has been working in the banking and financial sector for over 20 years with nine at CIBC and three with TD Commercial Banking. For the past nine years, Chris has been advising and structuring various types of business and personal credit, investments, public market financings and cash management services.

“We are pleased to welcome Chris to the Edgewater Wireless Board of Directors. His depth of experience in the Canadian public markets will be invaluable in our growth and success,” said Andrew Skafel, President and CEO of Edgewater Wireless. “We look forward to his positive contribution as we revolutionize the WiFi industry.”

Backed by 24 patents, Edgewater’s WiFi3™ is the best solution for in high-density WiFi applications. Edgewater’s patented technology mitigates adjacent and co-channel interference to enable multiple, concurrent channels of transmit and receive from a single WiFi standards-compliant radio. Delivering the highest channel density in the industry means fewer access points to deliver the highest Quality of Service (QoS) for users. For more information on High-Density WiFi solutions and OEM packages, visit: www.edgewaterwireless.com or http://www.aera.io/

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-four (24) patents, Edgewater’s WiFi3™ is redefining WiFi technology with its wide-band, multi-channel 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 our patented WiFi3™ technology the right choice for your next WiFi network.

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