Mr. Andrew Skafel reports

EDGEWATER WIRELESS SELECTED TO JOIN THE ALLIANCE OF SEMICONDUCTOR INNOVATION CANADA (ASIC)

Edgewater Wireless Systems Inc. has joined the Alliance of Semiconductor Innovation Canada (ASIC), an organization dedicated to promoting the Canadian semiconductor ecosystem.

ASIC's vision is to strengthen and expand the Canadian semiconductor ecosystem in existing clusters of excellence (high-speed data communication/AI (artificial intelligence) computing acceleration/compound semiconductor fabrication and design in wireless, power and photonics/MEMS/packaging).

ASIC is committed to fostering a strong and thriving semiconductor ecosystem in Canada, with the primary goal of operating in the Canadian public's best interest and adhering to the highest governance standards. The alliance's membership comprises public and private organizations, including thought leaders from industry, academia, government and non-governmental institutions that are instrumental in Canada's semiconductor ecosystem.

"Our team at Edgewater Wireless is delighted to have been invited to join the Alliance of Semiconductor Innovation Canada -- ASIC, whose members hold key leadership positions in the growing on-shore semiconductor industry. This is a pivotal moment for Canadian industry to secure a place in the global supply chain," said Andrew Skafel, president and chief executive officer of Edgewater Wireless. "The ASIC alliance provides a platform for companies like ours to grow our ecosystem of on-shore partnerships and alliances -- helping us grow and secure our on-shore production ecosystem."

About Edgewater Wireless Systems Inc.

Edgewater Wireless is the industry leader in innovative spectrum slicing technology for residential and commercial markets. It develops advanced Wi-Fi 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 26 granted patents, Edgewater's multichannel, single radio (MCSR) technology revolutionizes Wi-Fi, delivering next-generation Wi-Fi today.

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