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Edgewater Wireless Product Certification Opens up Large MarketsEAP3000 WiFi access points successfully complete FCC Certification testing (February 21, 2012)
OTTAWA, CANADA -- (Marketwire) -- 02/21/12 -- Edgewater Wireless Systems Inc (TSX VENTURE:YFI) is pleased to announce it has successfully completed FCC (Federal Communications Commission) Certification testing of its flagship EAP3000 family of wideband, multi-channel WiFi access point (AP) products. With this certification, Edgewater Wireless can begin selling EAP3000 units in the U.S. and other countries that rely on the regulatory approval of the FCC.
"FCC Certification is a major milestone achievement for Edgewater Wireless and opens up rapidly growing markets for us in the United States and globally," said company President, Andrew Skafel. "The Wireless Broadband Alliance predicts that global demand for WiFi will increase 350% by 2015, bringing the total number of hot spots to 5.8 million from the approximate 1.3 million that are currently in use. Edgewater Wireless is ready to participate in that growth."
The EAP3000 family of access points has been designed specifically to solve the capacity crunch created by the surging growth of smart phones and tablets. Edgewater Wireless' multi-channel radio technology is proven to be more than 50 times faster compared to access points with single-channel radio solutions.
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 www.edgewaterwireless.com.
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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