May 10 (Reuters) - Edgewater Wireless Systems Inc YFI.V :
* EDGEWATER WIRELESS ANNOUNCES PRIVATE PLACEMENT FINANCING
* EDGEWATER WIRELESS - OFFERING ON NON-BROKERED PRIVATE PLACEMENT BASIS OF UNITS WITH 1 SHARE, ONE-HALF SHARE PURCHASE WARRANT FOR UP TO $1.5 MILLION
* EDGEWATER WIRELESS SYSTEMS INC - UNITS WILL BE ISSUED AT A PRICE OF $0.10 PER UNIT