Edgewater Wireless Systems Inc. (TSX: YFI.V), the manufacturer of WiFi3™ multi-channel WiFi technology is pleased to announce that, due to growing interest, the company has begun the process for a listing of its common shares on the OTCQB.
“We have been seeing increased interest from US-based investors resulting from the growing awareness of our success with the CableLabs Fiterator Accelerator and the Wireless Broadband Alliance Accelerator Programs, as well as, our continued engagement with our F500 partner,” said Andrew Skafel, President & CEO of Edgewater Wireless. “We’re excited to improve access to US investors who are new to the Edgewater Wireless story and our WiFi3 technology.”
The application is subject to review and approval by the OTC Markets Group Inc., a US trading platform aimed at venture market companies. The management team is confident that the application process will go smoothly and expects to be listed in early 2018. Edgewater Wireless is engaging Berns and Berns (http://www.bernsandberns.com) to guide the application process and DTC.
Edgewater Wireless shares will continue to be listed in Canada on the TSX Venture Exchange under the symbol YFI.V . The Company will continue to prepare its financial reports in accordance with International Financial Reporting Standards, and to file all public regulatory filings on SEDAR.
The Edgewater Wireless team also extends our thanks to LD Micro for all of their efforts to hold the Main Event conference originally to be held December 5th-7th, 2017 which has been cancelled due to the wildfires in California. Presentation materials from the Main Event can be found here: http://www.edgewaterwireless.com/wp-content/uploads/2017/12/Edgewater-LD-MICRO-This-is-WiFi3.pdf
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.
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