Business
Edgewater Wireless Momentum Continues to Build - March 2016 Corporate Update
(via Thenewswire.ca) Ottawa, Canada & San Jose, USA / TheNewswire / March 28, 2016...
About this update from Edgewater Wireless Systems Inc.
[{"type":"text","content":"Edgewater Wireless Momentum Continues to Build - March 2016 Corporate Update(via Thenewswire.ca)\n\n \nOttawa, Canada & San Jose, USA / TheNewswire / March 28, 2016 Edgewater Wireless Systems Inc (YFI; TSX.V), the manufacturer of multi-channel WiFi3(TM) technology for high-density Wi-Fi and IOT applications, has recently published quarterly results which are available on SEDAR. The Management and Board of Directors of Edgewater would like to take the opportunity to update our shareholders, followers and company supporters on our overall progress and path forward for Edgewater Wireless. \n\n\n \nAccomplishments\n\n\n \nThe last 8 months to today have been truly exciting for Edgewater Wireless as we continue to build momentum for our WiFi3(TM) technology. The team is progressing the business rapidly as the exponential demand for more capacity and the ever increasing challenges of mitigating WiFi interference are driving demand for wireless solutions that advance beyond the technical capabilities of even the most popular \"state-of-the-art\" 802.11ac access point technology available today. \n\n\n \nThe demand for innovation in WiFi technology was highlighted throughout our participation at Mobile World Congress 2016 in Barcelona, Spain. While at Mobile World Congress, our team met with some of the world's largest telco's and telecom manufacturers. More importantly, many of these companies sought out Edgewater Wireless to learn more about our technology advantage and our innovative development path for multi-channel WiFi. Mobile World Congress was an overwhelming success for Edgewater Wireless. The company has entered the next phase of industry engagement and interest and we will provide updates on business opportunities and outcomes when and as they mature. \n\n\n \nIn Q3 2016 and Q4 2016, we have invested heavily in establishing Edgewater Wireless as a WiFi innovation company bringing disruptive technology to the wireless market. Notably, we have made an extensive effort in the latter half of 2015 and early 2016 to build relationships with strategic technology and equipment manufacturing partners who recognize the inherent advantages of our multi-channel WiFi3 technology.\n\n\n \nUnderstanding WiFi3(TM)\n\n\n \nOne of the challenges of introducing innovative technology to the market is achieving recognition by industry expert...