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Edgewater Wireless announced the launch of its Licensing program including access to its breakthrough IP and expertise

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As an established innovator in high-density Wi-Fi applications, Edgewater’s ground-breaking technology is poised to enable similar leaps in the ever densifying home market by licensing Wi-Fi Spectrum Slicing to established chip vendors with massive residential market share.

Additional Information:

Company: Edgewater Wireless Systems Inc
Website: http://www.edgewaterwireless.com
Stock Symbol: TSXV: YFI
Date Published: Sep 5, 2019
Transcript: Available

Video Transcript:

I’m Nadika Viswakula for Investmentpitch Media

Edgewater Wireless Systems Inc., the industry leader in Wi-Fi Spectrum Slicing technology for residential and commercial markets, announced the launch of its Licensing program including access to its breakthrough IP and expertise.

In its simplest terms, Wi-Fi Spectrum Slicing allows spectrum to be divided into multiple, concurrent channels within a single coverage area.

For example, in the 2.4GHz ISM band, Spectrum Slicing can deliver Wi-Fi service simultaneously on up to 3 concurrent channels.

With over 3-billion Wi-Fi enabled devices1 added over the last 12-months, and ever more Wi-Fi enabled entertainment and IoT devices emerging in the residential market, the demand for Wi-Fi device airtime is growing at a frantic pace.

As an established innovator in high-density Wi-Fi applications, Edgewater’s ground-breaking technology is poised to enable similar leaps in the ever densifying home market by licensing Wi-Fi Spectrum Slicing to established chip vendors with massive residential market share.

Andrew Skafel, President and CEO, stated: “With the emergence of applications like CableLabs’ Dual Channel Wi-Fi™ standard and the enormous growth in Wi-Fi enabled devices, demand for Edgewater’s Wi-Fi Spectrum Slicing technology has been growing. Licensing our valuable IP and expertise provides a scalable platform for growth and maximizes shareholder returns with a high-margin line of business which adds to our other high growth lines of business in both the OEM and Solutions markets.”

The multi-year investments required for silicon-based innovation can be significantly reduced by leveraging Edgewater’s breakthrough IP and expertise, which enables silicon manufacturers to implement Wi-Fi Spectrum Slicing on their platforms, dramatically reducing time to market for the next phase of residential
Wi-Fi innovation ̶ high-density capacity management.

Eric Smith, VP of Product for Edgewater Wireless, added: “Long term licensing partnerships will allow Wi-Fi Spectrum Slicing to become the ubiquitous silicon solution for all markets, and accelerate time to market in an environment where the density of clients is currently outpacing legacy single-channel Wi-Fi technology. Moreover, revenue produced from licensing our current technology provides a firm base from which Edgewater will continue to innovate.”

Edgewater will be demonstrating the latest Wi-Fi Spectrum Slicing technology at the upcoming WBA Global Congress in Frankfurt from September 30, 2019 to October 3, 2019.

The shares are trading at $0.10.

For more information please visit the company’s website www.edgewaterwireless.com, or www.aera.io, contact Andrew Skafel, President and CEO, at 613-271-3710 or by email at andrews@edgewaterwireless.com.

I’m Nadika Viswakula for Investmentpitch Media