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5G Wireless Solutions Announces Reseller Agreement with Vector Resources - Newest Channel Partner Provides Company With Immediate GSA Certification

Marina del Rey, CA – May 4, 2005 — 5G Wireless Solutions, Inc., an emerging leader in the wireless broadband industry and a portfolio company of 5G Wireless Communications, Inc. (OTCBB: FGWC), today reported the execution of a contract enabling Vector Resources, Inc. , a Torrance-based distributor of telecommunications equipment, to resell its wireless networking systems.  

Vector Resources is one of Southern California's leading converged telephony and enterprise network systems integration firms specializing in the design and implementation of high performance network solutions. The company was formed in 1988 to provide a comprehensive range of voice and data networking solutions and now includes more than 300 employees in its Torrance and San Diego locations. Five separate divisions offer expertise in IP Telephony, Networking Integration, Wireless Solutions, Electrical Design & Installation and Structured Cabling.

"Our Wireless Solutions division was thoroughly impressed with 5G's high performance, low cost networking equipment," stated Jeffrey Zukerman, Vector Vice President of Operations. "Since a lot of what we do involves planning, implementing and maintaining wireless networks, we were able to immediately appreciate how utilizing a few 5G rooftop Base Stations, rather than hundreds of competitors' Access Points, can help result in more efficient operations for our customers and a faster path to profitability for us."

Vector's ongoing involvement with various federal government agencies also means that 5G Wireless Solutions products have already passed the necessary qualification process enabling the company to immediately bid on all U.S. General Services Administration (GSA) procurement proposals.

5G Wireless Solutions will provide its G-Force 800 series of 802.11b compatible wireless networking equipment to create high performance C-WANs(TM) (Campus-Wide Area Networks) and Wi-Fi HotZones(TM) with minimal hardware requirements. This competitive benefit significantly reduces both capital and ongoing operating expenditures given fewer network management and administration activities. The overall result - a lower TCO (Total Cost of Ownership) for wireless access per square foot of coverage - is quickly emerging as the new metric in assessing network efficiency. 5G's lower cost equipment is also accelerating Wi-Fi penetration across several key vertical industry markets.

"Vector's vertical market expertise is closely aligned with ours," added Doug Fox, 5G Wireless Solutions Regional Sales Manager, "so we can share intelligence regarding education, government, healthcare, entertainment and transportation applications. This is especially promising with regard to our interest in shipping and port installations, given national security concerns over container integrity and the rapid acceleration of RFID technology."   

Vector has received both 3Com (NASDAQ: COMS ), and Cisco (NASDAQ: CSCO ), Wireless LAN Specialist Certifications. Their project experience includes the West Coast's largest, single-location, private wireless network (at the time of installation), spanning the 400-acre campus of a leading shipping company.

About 5G Wireless Solutions, Inc.
5G Wireless Solutions, Inc., located in Marina del Rey, CA, is a portfolio company of 5G Wireless Communications, Inc. (OTCBB: FGWC), 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.

For additional information, please visit www.5Gwirelesssolutions.com. Or call 800 916-1611.

 

CONTACT


Frank Simonelli
VP/Communications
5G Wireless Communications, Inc.
(310 448-8044
frank@5gwirelesssolutions.com

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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.

Contact:
Frank Simonelli
VP Corporate Communications, 5G Wireless
Phone: (310) 448-8044 | frank@5gwirelesssolutions.com

 
   

For more information about 5G Wireless please contact us at (800) 916-1611

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