21 July 2021 – CALGARY, Canada: Wedge Networks Inc. (Wedge), a global leader in software defined Orchestrated Real-time Threat Prevention, is pleased to announce that its 2020 Audited Financial Statements have been released. The 2020 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements are now available to shareholders.
"We are very pleased to be able to provide the company’s 2020 Audited Financial Statements at this time.” said Mr. Rob Fong, Wedge CFO & COO. “After having recently held the company’s Annual General Meeting in June 2021, we were gratified by the active participation and continued support of our shareholders. The 2020 Financial Statements reflect the challenging times that the company experienced but weathered through in light of the global pandemic. We believe that our team and core business has been strengthened over the past year and are excited to put in place our growth plans in the coming years.”
Wedge’s Audited Financial Statements and other circulars are available on request to registered shareholders through its email: investorrelations@wedgenetworks.com. Requests can also be made in writing to Wedge Networks, Inc., Attention: Investor Relations, T1-104, 110 – 12 Avenue SW, Calgary, Alberta, CANADA T2R 0G7
About Wedge Networks
Wedge Networks Inc. is a Real-Time Threat Prevention solutions company. Its innovative technology platform, Wedge Absolute Real-time Protection (WedgeARP™), is a software defined orchestrated network security system. Deployed, via the cloud, on premises, or in a virtualized environment, in data centers by enterprises, governments, and managed security service providers, WedgeARP™ inspects, detects, and blocks in real-time, malware and cyber threats (known, unknown and customized). Wedge does this through its patented Deep Content Inspection (DCI) technologies, combined with artificial intelligence and best-of-breed security functions.
Awarded a Gartner Cool Vendor designation, and twice bestowed with Build-In-Canada Innovation awards, Wedge Networks is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, and the Middle East and North Africa regions.
For more information on Wedge Networks, visit http://www.wedgenetworks.com/
Please forward any media or PR inquiries to: PR@wedgenetworks.com
For investor related inquiries, please contact: investorrelations@wedgenetworks.com
Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation's business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation's future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.