OTTAWA, ONTARIO — (Marketwire) — 05/07/12 — Edgewater Wireless Systems Inc (TSX VENTURE: YFI) is pleased to announce the release of WiFi3 – its advanced WiFi infrastructure technology. WiFi3 technology provides three independent channels on a single wireless access point radio, delivering over 50X performance improvement when compared to single-channel access point products which are the common standard in the WiFi Access Point Infrastructure market.
WiFi3 technology was developed to deliver huge benefits to smart phone, laptop and tablet users by dramatically improving download and upload performance for voice, video and data intensive applications. Traditional single-channel WiFi is like driving on a single-lane road and getting stuck behind a slow moving vehicle. Even users with the fastest smart phone or tablet can only go as fast as the slowest device on that single-channel. By comparison WiFi3 delivers three channels on the same WiFi radio, so faster devices can be moved to the faster lane, while slower devices can be relegated to a slower lane.
“WiFi3 is the first WiFi technology developed specifically for modern mobile data usage,” says Andrew Skafel, President of Edgewater Wireless. “Realistically, the lifecycle for single-channel WiFi has come to an end yet access point manufacturers are still trying to make single-channel WiFi work. With WiFi3 we-re introducing new technology to the WiFi market that delivers proven, unparalleled performance, unbeatable flexibility and unsurpassed security for service providers, wireless network operators and, most importantly, their customers.”
Research testing conducted in February 2012 by testing and certification researchers from The Tolly Group showed that WiFi3 technology dramatically outperformed three leading carrier class access points. The Tolly Group research report shows a 54X performance improvement with WiFi3 technology over single-channel radio solutions.
WiFi3 technology is already being used by carriers, service providers and systems integrators to address the growing interference and performance problems being created by the explosive growth of WiFi networks and Hotspot deployments. The technology is positioned to have a major impact on WiFi networks and Hotspots as the number of devices using WiFi is expected to triple to over 3 billion globally by 2015.
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 is redefining WiFi infrastructure with its wideband, multi-channel radio and high-capacity Access Point solutions, and delivering next generation WiFi, today. For more information, please visit .
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.
Contacts:
Edgewater Wireless Systems Inc
Andrew Skafel
President
+1 613.271.3710 x 501
Capital Ideas Investor Relations
Lalli Chapman
Investor Relations
+1 647.669.7646
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