Edgewater Wireless & WiFi3(tm) Building Success in the Cable Industry through UpRamp

2016-12-09 09:21 ET - Fiterator (R) Program Connects Edgewater Wireless technology to $500 Billion Cable Industry.

WiFi3(TM) is coming to a Cable Company Near You

 

December 8, 2016 / Ottawa, Canada & Denver, Colorado - Edgewater Wireless Systems Inc. ( YFI; TSX.V ), the developer of WiFi3 (TM) - next generation, multi-channel WiFi technology for high-density & high-interference environments, is pleased to announce that the company has successfully completed the UpRamp (TM) (sponsored by CableLabs ) Fiterator program. The program is designed to open doors and connect new technologies like Edgewater's WiFi3 (TM) technology to the world's leading cable operators.

The UpRamp Fiterator program accelerates companies that have already built their technology and have achieved traction. This exclusive program focuses on assisting companies to establish product/market fit in the $500 billion cable industry 1 . The relationship with UpRamp guarantees commercial deals with cable operators 2 . Edgewater Wireless was carefully selected earlier this year by senior industry leaders - including CEOs and CTOs of some of the largest cable operators in the world.

 

Participation in the program has resulted in:

 

-Expedited product and sales engagement with 6 global cable operators. The engagements are currently in various stages of due diligence including technology validation, trialing, and testing with these leading cable companies

 

-Third party testing and validation of Edgewater Wireless WiFi3 TM technology by Kyrio and CableLabs testing and research teams. The report, which will be publicly available in January and highlighted in a Webinar presented by Kyrio and Edgewater on December 12, 2016 at 1pm EST, shows the superior performance and capabilities of WiFi3 technology in high density environments.

 

-Access to, and adoption of, multiple CableLabs patents and innovations enhancing Edgewater Wireless. multi-channel single radio WiFi technology. Edgewater Wireless will be working with CableLabs to integrate these innovative technologies in 2017

 

"The conclusion of the Fiterator program is really the first step in what we believe will be a long term relationship between Edgewater Wireless and the cable/broadband industry. Through Fiterator and UpRamp, Edgewater Wireless is now part of the cable family" said Scott Brown, Managing Director of the UpRamp(TM) program. "Edgewater Wireless, along with our other Fiterator cohort members has, in just 90 days, demonstrated significant capability and traction with their technology. WiFi3 brings real innovation to the challenging world of high density wireless networks."

 

Edgewater Wireless WiFi3 (TM) technology is designed to solve critical issues for WiFi and wireless networks - interference and high-density . WiFi3 (TM) is the only wireless technology in the world to offer multiple, concurrent channels of transmit and receive from a single WiFi radio. Edgewater's next generation wireless technology is positioned to revolutionize wireless network architecture from unlicensed wireless spectrum through to 5G applications. WiFi3 (TM) is backed by over 24 patents and offers a suite of access point products as well as OEM licensing opportunities for select partners.

 

"The UpRamp Fiterator has rapidly evolved WiFi3 TM technology and applications of our technology for the $500 billion cable industry. Without UpRamp, we could never have achieved the level of engagement and product interest from senior and executive management within the industry in such a short period of time." said Andrew Skafel, President and CEO at Edgewater Wireless "More importantly, being part of the Fiterator has provided tremendous validation for WiFI3 TM technology. Through all of our interactions and discussions with some of the world's foremost experts in wireless technology, everyone has acknowledged that high density WiFi simply can't be solved with traditional single channel WiFi technology. Simply put, UpRamp has been a huge success through rapid engagement to CableLabs members and significantly shortened development lifecycle of our products for the cable industry."

 

Edgewater's WiFi3 (TM) powered technology is the best Wi-Fi solution for carriers, service providers and systems integrators in high-density WiFi applications to address the evolving issues of adjacent channel and co-channel interference and congestion which is stretching WiFi to its 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.

 

UpRamp(TM) was founded to skillfully connect startups and cable operators in order to amplify innovation that improves people's experience with cable. This is a next-gen accelerator for later stage emerging technology companies, designed to amplify startup success by plugging them into the world's largest and most powerful network. UpRamp(TM) was built to fill the gap between a startup's time in a classic startup accelerator and their ability to scale a business for the global cable and broadband industry.

 

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Edgewater Wireless Contact:

 

Matt Massey

 

VP, Marketing

 

T: +1 613-797-9628

 

E: This email address is being protected from spambots. You need JavaScript enabled to view it.

W: www.edgewaterwireless.com

 

CableLabs UpRamp Contact:

Lisa Schwab

Program & Marketing Director - UpRamp

T: +1 303-661-3321

E: This email address is being protected from spambots. You need JavaScript enabled to view it.

W: www.upramp.com

 

About CableLabs ( www.cablelabs.com) and UpRamp(TM) (www.upramp.com)

 

CableLabs is a non-profit Innovation and R&D Lab founded in 1988 by members of the cable television industry. With a strong focus on innovation, CableLabs develops technologies and specifications for the secure delivery of high speed data, video, voice and next generation services. It also provides testing, certification facilities and technical leadership for the industry.

 

CableLabs mission is to enable cable operators to be the providers of choice to their customers. Cable operators from around the world are members. Members include; Rogers Communications ( RCI; TSX), Shaw Communications ( SJR; TSX ), Comcast ( CMCSA; NASDAQ ), Cablevision and more.

 

UpRamp(TM) is a next generation startup accelerator that is focused on helping you find product/market fit inside the global cable industry. This 3 month, non-resident, program combines C-level mentorship from the industry with over $120k in available financing. Unlike traditional startup accelerators, the outcome of your time in the Fiterator is actual deals & references from Cable Companies.

 

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(TM) is redefining WiFi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation WiFi, today.

 

The best solution for High-Density WiFi 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(TM) technology the right choice for your next WiFi 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.

 

Trefis Research: https://www.trefis.com/stock/goog/articles/75473/the-500-billion-tv-market-is-the-new-battlefield-for-internet-companies/2011-09-21

 

 

MultiiChannel News: http://www.multichannel.com/news/distribution/upramp-gets-small-stake-startup-selections/407026