Edgewater Wireless Systems, Inc.
TSX VENTURE : KPI

Edgewater Wireless Systems, Inc.

December 13, 2011 06:00 ET

Edgewater Wireless Expands Operations in Brazil

Edgewater Wireless Names Manager for High-growth Region

OTTAWA, CANADA--(Marketwire - Dec. 13, 2011) - Edgewater Wireless, a wholly owned subsidiary of KIK Polymers Inc, (TSX VENTURE:KPI) is very pleased to announce that Mr. Wagner Cid Barroso has agreed to accept the position of Country Manager for Edgewater Wireless' expanding operations in Brazil.

Mr. Barroso comes to Edgewater Wireless with extensive experience running sales and business management for various telecommunications industry heavyweights such as Cisco, Systems, Alcatel-Lucent and Newbridge Networks. Mr. Barroso will be responsible for establishing a foundation for Edgewater Wireless in Brazil, while expanding and growing the company's business and presence throughout the region.

"Brazil is experiencing explosive growth in data communications and it will require strong, reliable infrastructure to meet its communications needs. Edgewater Wireless' technology is ideally suited for the needs of my country," said Mr. Barroso. "I am excited about the investment that Edgewater Wireless is making in Brazil and am pleased to be part of the team".

In Brazil, as in many regions of the world, the demands on data communications bandwidth continue to increase, stressing existing infrastructure. The Edgewater Wireless EAP3000 family of devices helps to solve this growing problem by delivering significantly greater bandwidth density, advanced network visibility, improved security and network reliability required to meet the accelerating growth demands in data communications in the country.

"Edgewater Wireless is very pleased to have Mr. Barroso manage and grow our business in Brazil. Mr. Barroso comes with a proven track record and is a high-caliber addition to the Edgewater Wireless management team," said Andrew Skafel, President of Edgewater Wireless. "In-country support clearly demonstrates our commitment to Brazil as a key target market that is expected to generate significant growth for the company".

About Edgewater Wireless Systems, Inc:

Edgewater Wireless, a wholly owned subsidiary of KIK Polymers, Inc., 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 is redefining WiFi infrastructure 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.

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