Press Release

5G Wireless Solutions to Kick Off Campus-Wide Area Network(TM) Road Show -- Cedarville University Demonstration Event Scheduled for October 14

MARINA DEL REY, Calif. -- Oct. 11, 2005 -- 5G Wireless Solutions, Inc., an emerging leader in the wireless broadband industry and a portfolio company of 5G Wireless Communications, Inc. (OTCBB:FGWC - News), a business development company, announced today that it will be taking its show on the road with a new location-based, "seeing is believing" marketing strategy, inviting college IT directors to experience the 5G Wireless Solution at existing campus installations.

The first of this series is scheduled for October 14 at Cedarville University ( in Cedarville, Ohio. The company has already lined up 38 attendees from 17 surrounding colleges who will participate in a "Planning a Wireless Campus" seminar, followed by a tour and demo of the 5G wireless broadband network currently in operation. Cedarville University is the first U.S. campus to utilize the company's new "cellular-style" Wi-Fi base stations.

"Our experience suggests that no matter how well prospects understand Wi-Fi, 5G's next generation 'Access/Not Excess' value proposition represents such a disruptive new market approach that a live, hands-on technology demo at one of our campus installations is essential," stated Frank Simonelli, 5G's Vice President of Marketing. "Our strategy will thus become more geographically-focused to leverage our existing networks throughout the country. We will also tie-in to scheduled trade show exhibitions to create other points-of-contact to schedule either future demos or actual installs. In this case, we're inviting those who cannot attend to stop by our booth at the annual EduCause conference in Orlando October 18. We're always looking to improve ROI on our marketing dollars, and we expect this strategy to represent a cost-effective alternative to most other forms of promotional spending."

5G provides the Cedarville campus with nearly 100% coverage utilizing only two cellular-style base stations. Other solutions would have required close to 100 individual access points, adding not only to initial capital equipment costs, but, more importantly, to ongoing operational expenses associated with administration and maintenance. An efficient and elegant solution, coupled with one of the lowest Total Cost of Ownership (TCO) per sq. km metrics in the industry, has become a hallmark of the 5G approach.

The 175-acre Cedarville campus is home to over 3000 students and 280 faculty members. Cedarville is a nationally-acclaimed Christian university located in southwestern Ohio, and was recently ranked in the top tier of regional colleges for the fourth consecutive year by U.S. News & World Report. The University has had a longstanding commitment to superior campus-wide networking technology, and is a recipient of the CAUSE Networking Award, bestowed by the international Educause educational technology association, in recognition of integration of networking technology into the instructional program of a college or university.

Other 5G campuses currently include UCLA and CSULB in California; Franklin University, Ohio; College of DuPage, Ill.; Monmouth University, N.J., plus several others yet to be formally announced.

The October 14 Cedarville event is being co-presented with Springnet (, a Dayton, Ohio-based WISP (Wireless Internet Service Provider), one of 5G's regional channel marketing partners.

About 5G Wireless Solutions, Inc.

5G Wireless Solutions, Inc., located in Marina del Rey, Calif., is a portfolio company of 5G Wireless Communications, Inc. (OTCBB:FGWC - News), a Business Development Company. The company creates and markets wireless broadband solutions for university and municipal campuses, and provides wireless networking equipment to a select group of VARs and WISPs through its Authorized Channel Partners program. Customers enjoy high performance internet access at lower acquisition, implementation and maintenance costs than most major competitors because of uniquely enhanced Wi-Fi base stations. 5G Wireless Solutions products are distinguished by their exceptional service area range, throughput speeds, number of concurrent users, non-line-of-sight (NLOS) capabilities and unique security protocol. These enhancements are compatible with standard IEEE 802.11b Wi-Fi equipment for "last mile" roaming and point-to-multipoint networks. 5G's value proposition -- significantly increased performance at the lowest possible total cost of ownership (TCO) -- is quickly becoming a key consideration in the strategic deployment of the wireless experience.

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Frank Simonelli
5G Wireless Communications, Inc.
(310) 448-8044

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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