FGWI: Doing the Math — You Don’t Need a Ph.D.
5G Wireless Communications– FGWI – Stock Guru Profile
FGWI currently has a contract to serve 4,500 resort and timeshare rooms with an additional 3,500 rooms in the pipeline FOR THIS YEAR so far!
There is no question but they cut their teeth in the highly demanding twenty-four seven fast paced world of academic demand and now they are moving into resort and timeshare communities.
Stock Guru spoke with Jerry Dix today about where his company has been and where its headed: “Our history of growth and expertise is pretty straight forward. We developed our business in the cutting edge environment of bringing wireless infrastructure to university and college campuses. However, no one should be surprised that the generation that invented the internet, the Baby Boomers, demand the same level of connectivity as the IPod generation. And when the boomers are not in their homes they are found in resorts and time shares AND SO ARE WE!”
We are going after this market with a vengeance. Success breeds success. Each timeshare and resort we deploy opens possibilities for new ones. This market is wide open and NOW is the time to move in and dominate it. Boomers are clamoring for our services. By being the manufacturer, network designer, installer, management company and 24/7 support, we are the responsible party for the wireless network We build it, design it, install it and manage it and since it is our own equipment, we know it!”
This solution virtually eliminates all internet related headaches for resort management companies while creating a truly five star experience for the guests. In addition, 5G back office monitors every component of the networks for performance issues allowing them to quickly and completely address any issues before the resort is even aware of the problem.
Since timeshare properties are leased on a weekly basis each resort suite/room has the potential 52 new internet users per suite/room per year. FGWI currently services 4,500 rooms/suites with contracts in hand to expand to 8,000 over the next 120 days and by the end of this year to over 10,000 suites/rooms this translates to over 500,000 potential users annually as these numbers are reached.
More on the advanced WiFi products offered by FGWI with a full service of back office administration and 24/7 customer support providing a complete turn-key solution.
Source: 5GWireless
5G Wireless Communications, Inc.
4136 Del Rey Ave.
Marina del Rey, CA 90292
Phone: (800) 916-1611
Investor Relations: (310) 448-8022
Website: www.5gwireless.com :
About 5G Wireless Communications, Inc. 5G Wireless Communications, Inc.: 5G Wireless Communications, Inc. (OTCBB: FGWI) is a designer, developer and manufacturer of commercial grade wireless broadband communications equipment operating in the 802.11a/b/g frequency. The 5G Wi-Fi system functions through macro-cell base stations deployed in key areas, while dead spots are filled in with smaller micro cells following the proven deployment strategy used today by cellular carriers. This type of structural design allows for a well-tailored combination of cells resulting in the ability to add higher capacity where and when needed. The Company’s principal markets are universities and municipalities and just recently entered into hospitality, time shares and planned community markets. The Company sells its equipment to colleges and universities, commercial businesses and international markets and also installs its equipment and services the hospitality, time share and planned communities, at The Company’s expense in order to recognize a recurring predictable revenue stream as opposed to a one time sale. The Company will only place equipment at its expense where it receives a minimum 3 year exclusive agreement to provide pay as you use services.
Forward Looking Statements: Certain statements in this 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.
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