Press release

Edgewater Wireless launches revolutionary residential Wi-Fi application in collaboration with CableLabs

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Sponsored by Businesswire

Edgewater Wireless Systems Inc. (YFI; TSX.V)(OTCQB; KPIFF), the industry
leader in innovative Wi-Fi Multi-Channel Single Radio (MCSR™)
technology, in joint development with CableLabs®, a non-profit
innovation and R&D lab founded by members of the cable television
industry, today announced the availability of Dual Channel Wi-Fi™ in
public open source.

Developed jointly by CableLabs and Edgewater Wireless Systems, code to
support Dual Channel Wi-Fi™ has been released into the OpenWrt
repository and is available here.

A revolutionary approach to alleviating jittery video and laggy gaming
experiences, Dual Channel Wi-Fi enables one or more downlink-only data
channels in addition to a standard bi-directional channel. Compatible
with all Wi-Fi releases, including Edgewater’s MCSR™, Dual Channel Wi-Fi
unlocks unused spectrum to dramatically reduce contention and latency
while increasing airtime utilization. Developed for various Access
Points and client platforms, including set-top boxes, TVs and soon,
gaming platforms and iPads, Dual Channel Wi-Fi can be implemented
wherever traditional single-channel Wi-Fi struggles with contention – in
residential and enterprise applications globally.

“Dual Channel Wi-Fi brilliantly addresses latency and utilizes Wi-Fi
spectrum as never before. Implementing Dual Channel Wi-Fi using Spectrum
Slicing on our patented Multi-Channel Single Radio (MCSR™), Edgewater
Wireless can unlock under-used spectrum with concurrent in-band
multi-channel,” said Eric Smith, VP Product of Edgewater Wireless. “When
you can slice up the spectrum, as Edgewater Wireless does, your
flexibility in deploying techniques like Dual Channel Wi-Fi are vast and
very powerful in all Wi-Fi verticals, including the residential market.”

“Dual Channel is the start of a new revolution in the industry, and puts
us at the forefront of this game changing innovation” said Andrew
Skafel, President and CEO of Edgewater Wireless. “As a great follow-up
to our participation in the CableLabs/UpRamp Fiterator, we’re excited to
be part of this major development by the globally respected industry
innovation engine, CableLabs. Applications like Dual Channel Wi-Fi open
up opportunities for OEM/ODM and licensing with major global players for
Edgewater and represent a major step forward.”

For more information on Dual Channel Wi-Fi and Edgewater’s MCSR™, visit:

https://www.edgewaterwireless.com/wifi3-explained/dual-channel-wifi/

Or

https://www.cablelabs.com/technologies/dual-channel-wi-fi

About Edgewater Wireless (www.edgewaterwireless.com)

We make Wi-Fi. Better.

Edgewater Wireless (www.edgewaterwireless.com)
is the industry leader in innovative Wi-Fi technology for residential
and commercial markets. We deliver advanced silicon solutions designed
to meet the high-density and high quality-of-service needs of service
providers and their customers. With 24+ patents, Edgewater’s
Multi-Channel, Single Radio (MCSR) technology revolutionizes Wi-Fi with
its aera™ access point product line, delivering next-generation Wi-Fi
today.

The best solution for High-Density Wi-Fi networks, Edgewater provides
reference designs for easy OEM integration, enabling service providers
to plan, build and deploy reliable, high-capacity services to meet data
demand in any environment, while fewer access points means lower
deployment costs.

Explore the evolution of Wi-Fi at www.EdgewaterWireless.com
and www.aera.io/

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.

1 Source: https://www.transparencymarketresearch.com/pressrelease/home-wifi-router-extender-market.htm