$4.9 Million Deal to Launch Phase 1 of Multi‐national Deployment of Wireless Internet Services
July 26, 2012, Ottawa, Canada – Edgewater Wireless Systems Inc. (YFI; TSX‐V), is pleased to announce it has entered into a $4.9 million CDN agreement with World Affinity Telecom to supply next‐generation WiFi3™ technology as part of phase 1 of a multi‐phase program designed to deliver WiFi and WLAN coverage throughout several Western and Central African countries. The initial deployment will take place in Freetown, Sierra Leone in the fall of 2012.
Edgewater Wireless’ WiFi3™ technology will be used to deliver broadband services and applications over WiFi and WLAN (Wireless Local Area Network) networks – initially throughout Freetown, and extending the network across the country by the fall of 2013. Edgewater Wireless will work closely with World Affinity Telecom to define and design the network and associated product requirements for the Freetown deployment which will include government buildings, schools and hospitals.
World Affinity Telecom and its local subsidiary, Sierra WiFi, are leveraging a state‐of‐the‐art fibre network within Sierra Leone to provide wireless broadband services. In addition to the national deployment of WiFi3™ technology in Sierra Leone, World Affinity Telecom has secured licenses to deliver national WLAN coverage in a number of other Western African countries, including Guinea, where the company plans expansion of a WLAN network, backboned by WiFi3 technology, by the end of 2012.
“As a former Minister and Ambassador to Canada for Senegal, I am strongly committed to the growth and development of our continent through the advancement of technology,” said Amadou Tidiane Wone, Chairman of World Affinity Telecom. “Through our partnership with Edgewater Wireless, WiFi3 brings an innovative solution which will strengthen our communications and technology infrastructure in order to accelerate the development of our natural and human resources.”
“This agreement with World Affinity represents a huge market opportunity for Edgewater Wireless to deliver broadband wireless services to Western & Central Africa,” said Andrew Skafel, President of Edgewater Wireless. “We expect Africa to be one of the fastest‐growing markets globally for WiFi over the next 5 to 10 years. The inherent advantages of Edgewater Wireless’ WiFi3™ technology are a perfect fit for the large and rapidly emerging data access markets in Africa.”
About World Affinity Telecom:
World Affinity Telecom is an established telecommunications solutions specialist. Its services include a wide range of data options to support transmission over high speed wireless. Its products are fully customizable and provide a multitude of options for any given user or application. World Affinity Telecom can provide support for all your data needs, locally and across the globe. For more information please visit: www.worldaffinitytelecom.com.
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
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