Edgewater Wireless Reports Results of Annual General Meeting
04 Febrero 2014 - 7:29AM
Access Wire
OTTAWA,
CANADA - February 4, 2014 - Edgewater
Wireless Systems Inc., (YFI;TSX.V) the global leader in
WiFi3 next generation WiFi technology, is pleased to announce the
completion of its Annual General Meeting and Special Meeting of
Shareholders ("AGM") held on January 30, 2014 in Ottawa, Canada.
The Company's shareholders re-elected the incumbent board of
directors, being Mr. Duane Anderson, Mr. J. Lewis Dillman, Mr.
Claude Haw and Mr. Hubert A.J. Whyte. The resolution for the
consolidation of shares was not tabled by management; all other
resolutions proposed by management were passed without
opposition.
The
Company would like to confirm previously granted options to
purchase 2,200,000 common shares under the Edgewater Wireless stock
option plan, which were granted to directors, officers, employees
and consultants of the Company. Each option has a strike price of
$0.10 with a three (3) year vesting period and a ten (10) year
validity.
Contact: Andrew Skafel
President, Edgewater Wireless
+1 613 271 3710 x
501
AndrewS@edgewaterwireless.com
Investor Relations: Jason Shepard
Phoenix Communications Group
+ 1 250 717 1910
pcg@shaw.ca
About Edgewater Wireless
Systems Inc.:
Edgewater Wireless develops
and commercializes leading edge technologies and intellectual
property for the communications market. Edgewater Wireless delivers
advanced product solutions designed to meet the high-performance,
high quality of service (QoS) and high-reliability needs of service
providers and their customers. Leveraging over twenty (20) patents,
Edgewater Wireless' WiFi3 is redefining WiFi technology with its wideband, multi-channel
radio and high-capacity Access Point solutions, and delivering next
generation WiFi, today. For more information, please visit
www.edgewaterwireless.com.
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.
Edgewater Wireless Systems (TSXV:YFI)
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