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Edgewater Wireless Signs Distribution Agreement With DIVITELDIVITEL to Sell, Service, Support Edgewater Wireless Products in Mexico (January 10, 2012)
OTTAWA, CANADA AND MEXICO CITY, MEXICO -- (Marketwire) -- 01/10/12 -- Edgewater Wireless, a wholly owned subsidiary of KIK Polymers Inc, (TSX VENTURE:KPI.V) is pleased to announce that Division Integral de Telefonia (DIVITEL) S.A. de C.V., a leading systems integrator and solution provider of communications networks, has entered into a Distribution Agreement that will enable DIVITEL to sell, service and support Edgewater Wireless EAP3000 products in Mexico.
DIVITEL provides network infrastructure and unified communications solutions to government agencies and large private enterprises. The Edgewater Wireless EAP3000 family of wideband, multi-channel WiFi access points (APs) will enable DIVITEL to drive revenue growth by enabling the flexibility to add new services and applications while driving up performance, accessibility and user satisfaction. The multi-channel radio enables increased coverage and client connectivity with fewer AP deployments.
"Edgewater Wireless' EAP3000 WiFi products deliver the performance our customers demand -- reducing CAPEX and unlocking new revenue streams," according to Nestor Ugalde Vazquez, CEO of DIVITEL. "Data consumption rates in Mexico are growing exponentially and customers require better infrastructure to support the demand. DIVITEL wants to be part of the solution."
"We are very pleased to be working with DIVITEL in Mexico," said Andrew Skafel, President of Edgewater Wireless. "Supporting the rapid growth of WiFi in the Mexican market requires a strong, capable and established partner like DIVITEL and we look forward to working with their team."
About Edgewater Wireless Systems, Inc: Edgewater Wireless, a wholly owned subsidiary of KIK Polymers, Inc., 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 on how Edgewater Wireless is dramatically changing the world of WiFi, please visit: www.edgewaterwireless.com.
About DIVITEL: DIVITEL has established a reputation as an independent systems integrator and solutions provider for the government sector in the Mexican market. The company has a broad experience in the fields of network infrastructure, telecommunications and unified communications solutions. As a skilled integration partner DIVITEL delivers solutions to government agencies, large enterprises and service providers throughout the national territory of Mexico. Companies looking for business process improvements, increased levels of customer services and capacity expansion turn to DIVITEL. DIVITEL was established in 1999 and its headquarters are in Mexico City. www.divitel.com.mx
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.
Andrew Skafel, President
Edgewater Wireless Systems, Inc
+1 613.271.1101 x 2262
Jason Shepherd, President & CEO
Phoenix Communications Group
+1 250. 717.1910
Nestor Ugalde Vazquez, CEO
Division Integral de Telefonia (DIVITEL) S.A de C.V.
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