Demand for WiFi Monetization and User Engagement is Driving Growth in High Density Venues

June 21, 2016 – Ottawa, Canada & San Francisco California – Edgewater Wireless Systems Inc. (YFI; TSX.V), the manufacturer of high-density WiFi3™ – next generation WiFi technology, is pleased to announce today the company has partnered with RaGaPa. RaGaPa is quickly becoming the recognized leader and innovator in WiFi Monetization and In-browser engagement.

Many organizations are challenged to develop a realistic return on investment to cover the costs of scaling for high density networks in stadiums, airports, train stations and other large public venues. The integration of RaGaPa technology into Edgewater Wireless deployments empower our customers and partners to offer added value services and a quantifiable model for continuous revenue generation.

“The team at RaGaPa have a strong commitment to the next generation of WiFi networks. Their technology empowers service providers, venue owners and network operators to improve their business model and scale WiFi deployments.“ said Andrew Skafel, President & CEO of Edgewater Wireless “The WiFi industry needs to look beyond simply provisioning of WIFi for the sake of provisioning WiFi and develop business models that include monetization strategies for the network beyond simple pay-per-use billing.

RaGaPa is pioneer in WiFi monetization solutions. Their latest solution offering “CaptiveXS”, RaGaPa has combined all the essential WiFi services into a unified platform managed through a cloud based dashboard. With CaptiveXS, RaGaPa’s innovative content insertion technology can deliver even more relevant content to the connected users in real-time. The other key CaptiveXS features include – Captive Portal with Social Login, Content Filtering, Deep User Analytics and User Management.

“Edgewater Wireless’ technology guarantees fast delivery of monetization driven content to our end users regardless of how dense the wireless environment is.” said Gagandeep Singh, CEO and Founder of RaGaPa “With users’ expectations of strong, next-gen WiFi availability everywhere, Edgewater Wireless is a critical partner for RaGaPa and our growing channel ecosystem”.

The WiFi and IOT market continues to evolve – around 28 billion connected devices are forecast by 2021. According to the latest Ericsson Mobility Report – growth in the number of connected devices is driven by emerging applications and business models, which is further supported by falling device costs. This growth will place increased emphasis on high density demand and performance, as well as, better monetization strategies for wireless networks.

Edgewater’s WiFi3™ powered technology is the best Wi-Fi solution for carriers, service providers and systems integrators to address the growing problems of interference, capacity and critical mass of users which is stretching WiFi and IOT networks to their breaking point. Edgewater’s patented technology solves the high-density problem while also significantly reducing the equipment investment and operating costs for new network deployments.

 

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-density, high quality of service (QoS) and high-reliability needs of service providers and their customers. Leveraging over twenty (20) patents, Edgewater’s WiFi3™ is redefining Wi-Fi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation Wi-Fi, today.

The best solution for High-Density Wi-Fi networks, Edgewater Wireless WiFi3 powered access point products enable innovative service providers to plan, build and deploy reliable, high-capacity services (like VoWiFI) for high-density wireless data demand in any environment.

Do more with less! Fewer access points delivering high quality service at a lower overall deployment cost make our patented WiFi3 technology the right choice for your next Wi-Fi network.

Explore the evolution of Wi-Fi at 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.

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.