OTTAWA, Ontario--(BUSINESS WIRE)--Apr. 28, 2025-- Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and enterprise markets, is proud to announce its participation in the upcoming CHIPS North Executive Summit, taking place April 29–30 in Ottawa. Hosted by Canada’s Semiconductor Council, this premier event brings together top executives, policymakers, and innovators to advance Canada's role in the global semiconductor value chain.

​Edgewater’s highly differentiated Wi-Fi Spectrum Slicing technology is the first to deliver multiple, in-band concurrent links within the same coverage area while remaining fully Wi-Fi standards-compliant. By harnessing advanced signal processing, Spectrum Slicing slashes latency by 50% or more and drives performance gains of 7 to 18 times over traditional single-channel Wi-Fi — all without needing new end devices.

With Edgewater’s industry-leading approach, Service Providers and vendors can unlock the benefits of next-gen Wi-Fi 7 without the massive cost of replacing existing Wi-Fi 4/5/6 devices. That means over 20 billion devices — from smart TVs to smartphones and gaming consoles — can enjoy Spectrum Slicing’s performance boost while the newest devices tap into the full power of Wi-Fi 7.

"We are excited to engage with industry leaders at CHIPS North to discuss how our innovations can contribute to Canada's semiconductor growth," said Andrew Skafel, President and CEO of Edgewater Wireless. "Our recent inclusion in the Silicon Catalyst incubator and the Alliance of Semiconductor Innovation Canada (ASIC) underscores our commitment to advancing the domestic semiconductor ecosystem."​

Edgewater Wireless is also pleased to note that Tarun Verma, Managing Partner at Silicon Catalyst, a key backer of Edgewater Wireless, will be among the distinguished speakers at the summit. With over 25 years of experience in the semiconductor industry, Mr. Verma has been instrumental in supporting startups through Silicon Catalyst's unique incubator model. ​

Edgewater Wireless invites attendees and investors to connect during the summit to explore potential collaborations and investment opportunities. To schedule a meeting, please contact:​ Andrew Skafel, President and CEO at andrews@edgewaterwireless.com​, or Bill Mitoulas, Investor Relations at ir@edgewaterwireless.com.

For more information about Edgewater Wireless and its innovative Wi-Fi solutions, visit edgewaterwireless.com.

About CHIPS North Executive Summit
The CHIPS North Executive Summit, presented by Canada’s Semiconductor Council, brings together top executives, policymakers, and innovators from Canada, the U.S., and key global markets to share insights, set priorities, and forge partnerships that will advance Canada's role in the global semiconductor value chain. The 2025 summit focuses on driving commercialization, scaling exports, attracting investment, and building customer-focused partnerships. ​

About Edgewater Wireless
We make Wi-Fi. Better.
For everyone, everywhere.

Edgewater Wireless (edgewaterwireless.com) is the industry leader in innovative Spectrum Slicing technology, transforming Wi-Fi performance for residential and enterprise markets. Our advanced Wi-Fi silicon solutions, Access Points, and IP licensing deliver unparalleled economic value by enhancing network efficiency, reducing congestion, and improving quality of service for service providers and their customers. With 26 granted patents, Edgewater’s Multi-Channel, Spectrum Slicing technology is redefining the economics of Wi-Fi, enabling service providers to maximize their infrastructure investments while delivering next-generation performance today.

Edgewater’s physical layer Spectrum Slicing allows a frequency band to be divided or sliced, enabling more radios to operate efficiently within the same spectrum. Think of Spectrum Slicing like upgrading from a single-lane road to a multi-lane highway—dramatically increasing capacity and throughput, regardless of Wi-Fi technology. A recently completed Proof of Concept (PoC) with a major Tier 1 Service Provider demonstrated 7 to 18 times performance gains in 75% of homes surveyed, with the most significant improvements seen in homes with the highest device density. By optimizing spectrum usage, Spectrum Slicing enhances user experience and drives down operational costs, unlocking new revenue opportunities for service providers in residential and enterprise deployments.

For more information, visit 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.

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Edgewater Wireless Contacts:
Andrew Skafel, President and CEO
E: andrews@edgewaterwireless.com

Bill Mitoulas, Investor Relations
E: ir@edgewaterwireless.com
T: +1.416.479.9547

Source: Edgewater Wireless Systems Inc.