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Edgewater Wireless Recognized for WiFi3 Next Generation Access Point Technology
OTTAWA, ONTARIO - May 23, 2013 - Edgewater Wireless Systems Inc., (YFI;TSX.V) the global leader in WiFi3 next generation WiFi technology, was chosen to receive the Frost and Sullivan 2013 New Product Innovation Award for the company's next generation WiFi3 Access Point Products. Each year, Frost & Sullivan presents this award to the company that demonstrates innovation excellence in next generation WiFi technology.
"The innovative element of WiFi3 Access Points is its ability to support three independent and asynchronous 802.11 wireless channels. Edgewater Wireless positions itself uniquely by subdividing each wireless channel into four virtual channels and has equipped each channel with its own level of encryption, service set identification (SSID) or quality of service (QoS) setting," said Naam Nastaien, Industry Analyst with Frost & Sullivan "These features would enable each channel to deliver data at exponential throughput of 50 times more than the conventional single-channel access points which is why we recognized Edgewater Wireless with the New Product Innovation Award."
In the first 18 months of operation, Edgewater Wireless is achieving significant growth in the global WiFi and Wireless markets. The company maintains over 20 patents on Edgewater Wireless WiFi3 technology and is the only company that can enable 3 channels on a single WiFi radio - delivering up to 50X performance improvement when compared against single channel WiFi technology.
"Receiving this award from Frost & Sullivan so early in Edgewater Wireless' evolution is a tremendous accomplishment for the company," said Duane Anderson, Chairman of Edgewater Wireless. "Beyond the strong performance improvements our technology delivers, WiFi3 enabled access points are also delivering excellent value for our customers - reducing operational costs by decreasing the amount of equipment required to support users and maximizing their revenue by layering apps and services they simply can't achieve with competitor equipment."
Edgewater Wireless WiFi3 technology enables 3-channels on a single radio - leveraging over 20 industry leading patents. WiFi3 technology delivers up to 50 times greater performance vs traditional WiFi by mitigating issues of Adjacent Channel Interference which dramatically impacts traditional WiFi performance. In addition to improved performance, WiFi3 delivers industry leading capabilities such as the integrated Spectral Surveillance Architecture (SSA(TM)), Edgewater's integrated, real time spectral monitoring feature which dramatically reduces operational expenses for service providers.
Contact:
Andrew Skafel
President, Edgewater Wireless
1.613.271.3710 x 501
Anthony Durkacz
Edgewater Wireless Investor Relations
1.416.720.4360
AndrewS@edgewaterwireless.com Anthony@capitalideasir.com
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
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-performance, high quality of service (QoS) and high-reliability needs of service providers and their customers. Leveraging over twenty (20) patents,
Edgewater Wireless' WiFi3 is redefining WiFi technology with its wideband, multi-channel radio and high-capacity Access Point solutions, and delivering next generation WiFi, today. For more information, please visit www.edgewaterwireless.com.
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.
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