Tickers: XTSX:YFI, PINX:KPIFF
Tags: Technology, Internet
Edgewater Wireless WiFi3 to be introduced to the world‘s highest density wireless market
OTTAWA, CANADA / TheNewswire / October 31, 2017 – Edgewater Wireless Systems Inc. (TSX.V: YFI) is pleased to announce that it has been selected as a finalist for the Cable Innovation Showcase at the ICTC Conference, which will be held November 15-17th, 2017 in Hangzhou, China.
Held at the headquarters of Huasu China, the ICTC Cable Innovation Showcase will feature presentations to an audience of industry experts, technology leaders and investors personally selected by Huasu’s Chairman.
Edgewater Wireless will have the opportunity to showcase WiFi3(TM) technology to the Chinese Broadcast and Cable Industry. For context, the Chinese Cable Industry is currently estimated to be upwards of 210 million subscribers.
"We’re honoured to have been chosen to participate in ICTC 2017, and present our innovations to technology leaders and experts from China," said Andrew Skafel, President & CEO of Edgewater Wireless. "We continue to show why we are recognized as a leading WiFi innovation company. We are being rewarded with the opportunity to bring our innovative WiFi technology to the massive Chinese cable market. China is the world’s highest density WiFi market, projected to grow to over 800-million smartphone users by 2022. We’re excited to have a forum for expediting the introduction of WiFi3 to prospective manufacturing partners and customers."
Backed by over 20 patents, Edgewater’s WiFi3(TM) is the best solution for high-density WiFi applications. Edgewater’s patented technology mitigates adjacent and co-channel interference to enable multiple, concurrent channels to 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 Solutions visit: www.EdgewaterWireless.com or www.aera.io
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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, Edgewater’s WiFi3(TM) 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.
About ICTC (http://www.ictc.com.cn):
International Conference on Technology Convergence (ICTC) is co-sponsored by the China Alliance of Radio Film and Television organized by the Technical Working Committee, China Alliance of Radio Film and Television. Now in its 24th year, ICTC is one of the most influential international conferences in the Chinese broadcasting and television industry. ICTC is dedicated to the technology and innovation in the cable and broadcast industry in China. ICTC 2017 will focus on next generation information technology, media convergence, broadband, intelligence and industrialization.
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The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.
This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of the word "will", "intended" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This document contains forward-looking statements and assumptions pertaining to the following: the Offering; the completion of the Offering; and the use of proceeds from the Offering. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct.
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