Edgewater Wireless Systems, Inc.

Edgewater Wireless Systems, Inc.
SMTC Corporation

SMTC Corporation

November 17, 2011 09:01 ET

Edgewater Wireless Partners with SMTC to Build Next Generation Multi-channel Wi-Fi Devices

SMTC Awarded New Manufacturing Contract at Markham, Canada Facility

OTTAWA and TORONTO, CANADA--(Marketwire - Nov. 17, 2011) - Edgewater Wireless (TSX VENTURE:KPI), a premier supplier of leading edge technologies and intellectual property for the communications market and SMTC Corporation (NASDAQ:SMTX)(TSX:SMX) ("SMTC"), a global electronics manufacturer services provider, today jointly announce a partnership to manufacture Edgewater Wireless' EAP3000 family of state-of-the-art wireless access point devices.

Through the agreement SMTC will provide Edgewater Wireless with a range of complex electronic manufacturing and integrated service solutions at their Canadian facility, to support the volume manufacturing and order fulfillment of the Edgewater Wireless EAP3000 family of devices. SMTC will provide component procurement, assembly, test and world-wide shipping services for Edgewater Wireless' current multi-channel Access Point products, and will support the build and test of future planned product solutions as they are introduced into the rapidly growing WiFi infrastructure market.

Edgewater Wireless chose SMTC for its expertise in all aspects of supply chain management to support Edgewater Wireless' immediate customer demand and to quickly ramp up production volume as new high-performance, feature-rich products become ready for full commercialization.

"SMTC is the perfect partner for our manufacturing and support needs," said Stewart Harrison, Director of Operations for Edgewater Wireless. "SMTC brings the expertise and the flexibility that we need to aggressively pursue a large and rapidly growing market with our highly differentiated wireless access point product solutions".

"We are truly delighted that Edgewater Wireless chose us as their manufacturing partner for their new Series of Wireless Access Point Devices," said Lori Hamoline, Vice President and General Manager of SMTC Markham. "We look forward to supporting and growing Edgewater Wireless' product line."

About Edgewater Wireless Systems, Inc:

Edgewater Wireless develops and commercializes leading edge technologies and intellectual property for the communications market. The company's customer base includes some of the world's largest telcos and enterprises. Edgewater Wireless' EAP3000 product family delivers significantly greater bandwidth density, advanced network visibility, improved security, and network reliability required to meet the demands generated by the explosive growth in data communications occurring around the world. Backed by an extensive patent portfolio, the flagship EAP3000 product family leverages an internally developed, high-performance multi-channel, standards compliant radio chipset that targets the rapidly growing demand for data communications capacity. Drawing from top industry professionals, Edgewater Wireless is managed by an experienced team with extensive commercialization and development expertise in advanced wireless, communications and semiconductor solutions. For more information, please visit www.edgewaterwireless.com.

About SMTC Corporation:

SMTC Corporation, founded in 1985, is a mid-size provider of end-to-end electronics manufacturing services (EMS) including PCBA production, systems integration and comprehensive testing services, enclosure fabrication, as well as product design, sustaining engineering and supply chain management services. SMTC facilities span a broad footprint in the United States, Canada, and Mexico, and a partnering relationship in China, with more than 1,500 full-time employees. SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases. SMTC offers fully integrated contract manufacturing services with a distinctive approach to global original equipment manufacturers (OEMs) and emerging technology companies primarily within industrial, computing and communication market segments.

SMTC is a public company incorporated in Delaware with its shares traded on the Nasdaq National Market System under the symbol SMTX and on the Toronto Stock Exchange under the symbol SMX. For further information on SMTC Corporation, please visit our website at www.smtc.com (http://www.smtc.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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