[November 20, 2023]

Edgewater Wireless Selected to Participate in the Canadian Semiconductor Symposium 2023

Edgewater Wireless Systems Inc. ("Edgewater" or the "Company") (TSXV: YFI) (OTC: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and enterprise markets, announced today that it will be participating in the upcoming Canadian Semiconductor Symposium on November 23 and 24 at the Fairmont Château Laurier, Ottawa.

Presented by CMC Microsystems, the two-day Canadian Semiconductor Symposium will feature prominent voices from across Canada's semiconductor ecosystem, from business leaders and researchers to entrepreneurs, venture capitalists and government agencies. Attendees will range from startups to established giants, connecting the key technology leaders and igniting synergies to propel the Canadian semiconductor ecosystem into the next generation of innovation.

Andrew Skafel, CEO of Edgewater, commented, "We are delighted to have been selected to participate in one of Canada's most respected semiconductor gatherings. I look forward to engaging with the many industry leaders and technology visionaries on the latest trends and innovative solutions supporting Canada's burgeoning semiconductor technology ecosystem."

Please click the link for more information on the Canadian Semiconductor Symposium 2023 and its initiatives.

About Edgewater Wireless
We make Wi-Fi. Better.
Edgewater Wireless (www.edgewaterwireless.com) is the industry leader in innovative Spectrum Slicing technology for residential and commercial markets. We develop 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 Multi-Channel, Single Radio (MCSR) technology revolutionizes Wi-Fi, delivering next-generation Wi-Fi today.

Edgewater's physical layer Spectrum Slicing allows a frequency band to be divided or sliced to enable more radios to operate in a given area. Think of Spectrum Slicing like moving from a single-lane road to a multi-lane highway - regardless of Wi-Fi technology. The recently completed Proof of Concept (PoC) with a major Tier 1 Service Provider showed 7 to 18 times performance gains in 75% of homes surveyed. Interestingly, homes with the most devices saw the greatest improvements.

For more information, visit www.edgewaterwireless.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

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.

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