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    All Resolutions Passed at Edgewater Wireless Systems' AGM

    Morag Mcgreevey
    Dec. 16, 2015 08:52AM PST
    Technology Investing News

    Edgewater Wireless Systems Inc. (CVE:YFI) held its annual general meeting of shareholders on December 15, 2015. All resolution proposed to shareholders were passed at the meeting.

    Edgewater Wireless Systems Inc. (CVE:YFI) held its annual general meeting of shareholders on December 15, 2015. All resolution proposed to shareholders were passed at the meeting.
    According to the press release:

    The entire Edgewater Wireless Board of Directors and Management were in attendance as well as a senior members of the Edgewater team and a diverse group of shareholders. The number of directors was set at four (4) with the election of the following individuals as directors of the Company: Duane Anderson, Claude Haw, Hubert Whyte and J. Lewis Dillman. Additionally, the Company appointed KPMG LLP as auditors of the company and the Company’s Stock Option Plan was approved.
    “Edgewater Wireless has made huge strides over the last 12 months as we placed a renewed focus on disruptive innovation in High Density Wi-Fi technology.” said Andrew Skafel, CEO of Edgewater Wireless. “We appreciate the strong confidence investors have shown in the company as we forge ahead in building more business and opportunity in 2016.”
    Following the AGM, the Management team provided a brief update on the Company’s OEM and Licensing business activities. Recent activities include the development of software as well as hardware integration support to Edgewater’s Fortune 500 customer as they continue to integrate the high-density Wi-Fi Development Kit and WiFi3(TM) technology into their proprietary system. Edgewater Wireless has also worked closely in partnership with Zinwave to complete a number of RFP responses and ongoing pilot programs.

    Click here to read the full press release.

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