FGWI: Graduates Summa Cum Laude From Universities to Resorts and Time Share
5G Wireless Communications– FGWI – Stock Guru Profile
5G Wireless manufactures and operates broadband wireless networks for the hospitality and time share markets. This is an incredibly large market with a built in clientele. Since timeshare properties are leased on a weekly basis each resort room has the potential for 52 new clients per room per year. FGWI currently has a contract to serve 4500 rooms. 5G Wireless’ experience indicates that clients access the internet three out of the seven days of the visit. This translates to a quarter of a million potential users over this year. FGWI plans to add 8,000 more rooms this year. This translates to between a quarter and half-million potential users over the year and growing.
5G’s technically superior RF hardware allows our clients to provide guests with extended coverage and range, user capacity and throughputs using far fewer devices. The following are some of the properties which are deployed and fully operational:
FGWI field tested its products and services for the last two years with universities and has graduated with honors. It has now taken it to the timeshare industry what it learned from working with UCLA, UC Irvine, Cal State, Long Beach, Dennison University and others. AND the schools keep on coming with the recent addition of one in Joshua Springs in Yucca Valley, California.
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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