Mr. Andrew Skafel reports

EDGEWATER WIRELESS ENGAGES INDEPENDENT TRADING GROUP AS MARKET MAKER

Subject to regulatory approval, Edgewater Wireless Systems Inc. has engaged the services of Independent Trading Group (ITG) to provide market-making services, in accordance with the TSX Venture Exchange policies. ITG will trade shares of the company on the TSX-V and all other trading venues, with the objective of maintaining a reasonable market and improving the liquidity of the company's common shares.

Under the agreement, ITG will receive compensation of $5,000 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms, unless terminated. Either party may terminate the agreement with 30 days notice. There are no performance factors contained in the agreement, and ITG will not receive shares or options as compensation. ITG and the company are unrelated and unaffiliated entities, and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the company.

About Edgewater Wireless Systems Inc.

Edgewater Wireless is the industry leader in innovative spectrum-slicing technology, transforming Wi-Fi performance for residential and enterprise markets. The company's advanced Wi-Fi silicon solutions, Access Points, and IP (Internet protocol) licensing deliver unparalleled economic value by enhancing network efficiency, reducing congestion, and improving quality of service for service providers and their customers. With 26 granted patents, Edgewater's multichannel spectrum-slicing technology is redefining the economics of Wi-Fi, enabling service providers to maximize their infrastructure investments while delivering next-generation performance today.

Edgewater's physical-layer spectrum slicing allows a frequency band to be divided or sliced, enabling more radios to operate efficiently within the same spectrum. Think of spectrum slicing like upgrading from a single-lane road to a multilane highway -- dramatically increasing capacity and throughput, regardless of Wi-Fi technology. A recently completed proof of concept with a major Tier 1 service provider demonstrated seven to 18 times performance gains in 75 per cent of homes surveyed, with the most significant improvements seen in homes with the highest device density. By optimizing spectrum usage, spectrum slicing enhances user experience and drives down operational costs, unlocking new revenue opportunities for service providers in residential and enterprise deployments.

We seek Safe Harbor.