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Author Topic: FGWC News - 1.5mil purchase order!
SofaKingBad
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High-Tech Writers / Business Editors

MARINA DEL REY, Calif.--(BUSINESS WIRE)--FGWC--
5G Wireless Communications, Inc. (OTCBB:FGWC) announced
today that it has received a $1.5 million purchase order and
distribution agreement to establish international distribution
channels for its wireless broadband products throughout West Africa.
"Our partner is a U.S.-based company with telecom sales and
distribution throughout the entire African continent," stated Jerry
Dix, 5G Wireless CEO. "Opening up an emerging area as large and rich
with potential as this furthers our competitive position and
demonstrates our ability to operate as an organization on a global
level, and our entry into the West African market is a milestone for
5G Wireless."
As West Africa and other international markets mature, the need
for economical and easily deployable communications technology for
voice and data may increase. We believe that our G-Force(TM) solutions
are capable of delivering broadband capabilities economically and
faster than copper and fiber.
Some of the nations that will benefit from the relationship are
Cape Verde, Gambia, Ghana, Guinea, Niger, Nigeria, Senegal and Sierra
Leone. Additional information will be released at a later date.
"These countries have an opportunity to skip the wiring and
cabling activities that have traditionally provided both telephone and
Internet access," added Mr. Dix. "It's fantastic that they may be able
to jump directly into an advanced wireless solution to foster their
economic development."

About 5G Wireless Communications, Inc.

5G Wireless Communications, Inc. (www.5gwireless.com), located in
Marina del Rey, CA, develops and sells wireless broadband solutions.
5G Wireless customers receive dependable, high-speed Internet access
at significantly lower acquisition and implementation costs than most
major competitors. 5G Wireless products are distinguished by their
exceptional data rate/range, number of concurrent users, line-of-sight
capabilities and unique security protocol. These features are
particularly significant through 5G Wireless' use of IEEE 802.11b
enhancements for "last mile" roaming and point-to-multi-point
networks.
For additional information, please visit www.5gwireless.com or
call 800-916-1611.

Except for the historical information contained herein, the
matters set forth in this press release, including the need for
communications technology for voice and data of West Africa and other
maturing markets and our capability of delivering broadband
capabilities economically and faster than copper and fiber wires, are
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially
including technical complications that may arise that could prevent
the prompt implementation of any strategically significant plan(s)
outlined above and other risks as set forth in the Company's filings
with the United States Securities and Exchange Commission including
its Form 10-KSB/A for the year ended December 31, 2003.
All product or service names mentioned herein are the trademarks
of their respective owners.

KEYWORD: INTERNATIONAL AFRICA/MIDDLE EAST CALIFORNIA
INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET SOFTWARE HARDWARE PRODUCT MARKETING AGREEMENTS
SOURCE: 5G Wireless Communications, Inc.


CONTACT INFORMATION:
5G Wireless Communications, Inc., Marina Del Rey
Peter Mansfield, 310-448-8035
pmansfield@5gwireless.com


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SofaKingBad
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Up 27% already, dont miss it!
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tiagofreitas
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Up 86% right now
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SofaKingBad
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I got in at .027 and out at .043 for a clean 59% gain.
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BroBro
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quote:
Originally posted by SofaKingBad:
I got in at .027 and out at .043 for a clean 59% gain.

in @ .027 and out @ .043 !!?? How could of possibly timed that so perfect? That, my friend, I envy! Nice job! GLTA


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Jeremy
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Been holding this one for nearly a year... still holding. More good news to come
Posts: 1051 | From: Michigan | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
SofaKingBad
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quote:
Originally posted by BroBro:
in @ .027 and out @ .043 !!?? How could of possibly timed that so perfect? That, my friend, I envy! Nice job! GLTA

I saw the news this morning before it opened and put my order in ASAP. After that I just watched the charts. I'm not an expert chartist but I usually make decent conservative gains.

The main indicators I use are when the Stoch's look like theyre going to crossover, volume decreases, bollinger bands, and RSI a little.


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donb
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5G Wireless Announces Compliance with Newly announced 802.11i Security Standard
Wednesday June 30, 10:00 am ET
IEEE Ratification Endorses 5G Wireless' Approach and Allows the Company to be One of the First Companies to Market Wi-Fi Products that Meet the New Security Standard


MARINA DEL REY, Calif.--(BUSINESS WIRE)--June 30, 2004-- 5G Wireless Communications, Inc. (OTCBB:FGWC - News) announced today that its G-Force family of enhanced Wi-Fi access points and CPEs comply with the recently-published IEEE security standard.
The 802.11i standard, also known as MAC Enhancements for Enhanced Security, was ratified by the IEEE on June 24, 2004. 5G Wireless is one of the first developers of Wi-Fi solutions to announce the availability of products complying with the new security standard.

According to 5G Wireless CTO Brian Corty, "Security has always been a strong point for our G-Force products. The new 802.11i standard is in line with our philosophy that Wi-Fi networks need to be as secure as well as convenient. We have been providing layer 2 security controls from the onset and are delighted to see that the IEEE has also adopted this as a standard for security. By adopting TKIP (Temporal Key Integrity Protocol) we feel that the IEEE has removed another roadblock from wide-scale adoption of wireless networks. We believe that our products have consistently set the standard in Wi-Fi data integrity. This has been validated in real world applications where our technology has resisted attempts to compromise or even detect the network."

Based on its focus on Government and Municipal applications, 5G Wireless has utilized layer 2 techniques that have equipped its products with an extensive array of highly secure features. The company has applied these techniques to each of its applications at customers such as the City of Garden Grove to help ensure that data being communicated wirelessly is only accessible to authorized users and the network or its data is not visible to traditional scanners or sniffing techniques. Added Corty, "Even if we provided the ESSID for the network, unless we authorize your acceptance you can not get on!"


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