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News Marina del Rey, CA – June 27, 2005 – 5G Wireless Solutions, Inc., an emerging leader in the wireless broadband industry and a portfolio company of 5G Wireless Communications, Inc. (OTCBB: FGWC), announced today that it has completed a broadband wireless network installation at the historic Gaslamp Plaza Suites Hotel (http://www.gaslampplaza.com/) in San Diego. Located in the heart of San Diego’s famous Gaslamp Quarter tourist district, the beautifully restored, late Victorian structure has been on the National Register of Historic Places since 1988. Built in 1913, the building originally housed San Diego Trust & Savings and was considered the city’s first skyscraper. “We’re thrilled to be able to offer our guests such advanced technology without disrupting the historic grandeur of our facility,” stated Madeleine Kershaw, Assistant General Manager of the Gaslamp. “We can leverage this new amenity as a marketing advantage in a hotly competitive market as we now can boast the best of old world charm and new world convenience.” ”The hospitality industry represents yet another vertical market our partners are aggressively pursuing on our behalf,” stated Frank Simonelli, 5G Wireless Solutions Marketing VP. “We were able to create a Wi-Fi Hotzone™ with 100% coverage throughout the 11-story property using only 3 Indoor Base Stations. What’s interesting about this installation is that the building used to be a bank, and one of our standard indoor units is still able to penetrate several floors worth of heavy-duty concrete, steel and marble. And with the devices hidden in the ceilings of closets, their presence is virtually invisible.” What is visible is a rooftop internet kiosk, allowing public access in the community area near the restaurant and lounge overlooking the city, This kiosk also serves to promote the availability of wireless access in individual hotel rooms and even offers marketing opportunities for local tourist attractions. Transnet Wireless Corporation (http://www.transnetwireless.com/) is a supplier of public internet systems available in pedestal, desktop, countertop and wall mounted configurations. These terminals provide both single session high-speed internet access by the minute and function as Base Stations creating wireless hot spots for access by the hour for up to 100 simultaneous users. The Transnet terminals also offer interactive advertising opportunities for both national and local marketers, and represent a point of presence to accelerate awareness of public wireless access services. “The Gaslamp hotel represents another instance where the Transnet group has turned to 5G Solutions to extend the coverage of their kiosk base units,” added Mr. Simonelli. “Other installations include RV parks, marinas, airports and other facilities that cater to travelers. We have a backlog of individual Transnet distributors also seeking our assistance in broadening their ability to create hotzones rather than hot spots, and we are committed to working with each of them as they gain traction in this exciting, burgeoning market.” About 5G Wireless Solutions, Inc. For additional information, please visit www.5gwirelesssolutions.com. Or call 800 916-1611.
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Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise which could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited, to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise. All product or service names mentioned herein are the trademarks of their respective owners. |
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