English
Edgewater Announces New Funding and Organizational Changes
December 2, 2020 – Ottawa, Canada – Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and commercial markets, secures a loan facility with significant insider participation from the President and CEO, Andrew Skafel, and announces organizational changes.
Effective immediately, Robert Harper has resigned as Chief Financial Officer of the Company. Also, the Board of Directors is now five (5) members following the departures of Chris McGillivray and Jane Barratt.
“On behalf of the Edgewater Wireless and its Board, I would like to thank Bob, Jane and Chris for their contributions and wish them well in their future endeavours,” said Brian Imrie, Chairman of Edgewater Wireless.
The loan facility arranged by the Company and will provide funds required to complete the audit of the Company’s financial statements for the year ended April 30, 2020, and contribute to working capital for ongoing operations.
About Edgewater Wireless
We make Wi-Fi. Better.
Edgewater Wireless (www.edgewaterwireless.com) is the industry leader in innovative Wi-Fi Spectrum Slicing technology for residential and commercial markets. Our products include advanced silicon solutions, Access Points, and IP licensing 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, delivering next-generation Wi-Fi today.
For more information, visit www.edgewaterwireless.com or www.aera.io.
|
||||||
Related News
- NEC Electronics and Renesas Announce the New Organizational Structure and Personnel Changes Following Merger
- Intel Announces Organizational Changes
- MoSys Announces Executive Organizational Changes: Creates Chief Operating Officer Role
- ARC Announces Strategic Organizational Changes: Appoints Meyer to COO, Establishes ''Office of the CTO''
- Tower Semiconductor Strengthens its Management Team and Implements Changes to Its Organizational Structure
Breaking News
- JEDEC® and Industry Leaders Collaborate to Release JESD270-4 HBM4 Standard: Advancing Bandwidth, Efficiency, and Capacity for AI and HPC
- BrainChip Gives the Edge to Search and Rescue Operations
- ASML targeted in latest round of US tariffs
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- Creonic Unveils Bold Rebrand to Drive Innovation in Communication Technologies
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- AMD Achieves First TSMC N2 Product Silicon Milestone
- Why Do Hyperscalers Design Their Own CPUs?
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- New TSN-MACsec IP core for secure data transmission in 5G/6G communication networks
|
E-mail This Article | 
|
|
Printer-Friendly Page |