Edgewater Wireless Systems Inc. (TSX.V: YFI) (OTCQB: KPIFF), the developer of WiFi3â¢ wideband, concurrent multi-channel WiFi chipsets and access point products for high-density wireless networks announces it has received approval from the TSX Venture Exchange for the previously announced amendment of the term of an aggregate of 4,777,112 outstanding share purchase warrants issued in connection with a private placement of the company in July of 2015, the company said.
The expiry date of the warrants was extended to July 14, 2020.
Edgewater´s patented technology mitigates adjacent and co-channel interference to enable multiple, concurrent channels of transmit and receive from a single WiFi standards-compliant radio. Delivering the highest channel density in the industry means fewer access points to deliver the highest quality of service for users in high-density environments.
Edgewater Wireless develops and commercializes edge technologies and intellectual property for the communications market. Edgewater Wireless delivers advanced product solutions designed to meet the high-density, high quality of service (QoS) and high-reliability needs of service providers and their customers. Leveraging over twenty-four (24) patents, Edgewater´s WiFi3â¢ is redefining WiFi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation WiFi, today.