March 12 (Reuters) - Edgewater Wireless Systems Inc YFI.V :
* MANAGEMENT AND DIRECTORS TO LEAD $800,000 PRIVATE PLACEMENT
* MANAGEMENT WILL PARTICIPATE AS LEAD INVESTORS IN A NON-BROKERED PRIVATE PLACEMENT OF UP TO 6,956,522 UNITS
* UNITS WILL BE ISSUED AT A PRICE OF $0.115 PER UNIT