5G Wireless Communications, Inc. Presents Positive Business Developments to Southern California Investment Association.Business Editors MARINA DEL REY, Calif.--(BUSINESS WIRE)--April 7, 2004 5G Wireless Communications, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FGWC) announced today that the company was featured at the Southern California Investment Association's bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. forum on April 3, 2004. The event showcased emerging-growth companies to an audience of investment and merchant bankers, broker dealers, investment advisors, analysts, financial service managers, venture capitalists, investor relations Investor relations The process by which the corporation communicates with its investors. , industry consultants, securities attorneys, media and qualified investors. The presentation by 5G Wireless CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jerry Dix spotlighted the progress made by the company in launching its G-Force family of broadband wireless solutions. Recent successes including the full-scale implementation of 5G Wireless systems at UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX Anderson School and the City of Garden Grove were discussed, along with other corporate developments that have raised the company's profile and allowed it to build market momentum. 5G Wireless CEO Jerry Dix explained, "S.C.I.A. is an influential organization that has played an active role in the success of many tech organizations in this area. The high level of interest from the audience at our session was very gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. . We were inundated in·un·date tr.v. in·un·dat·ed, in·un·dat·ing, in·un·dates 1. To cover with water, especially floodwaters. 2. with inquiries from investment bankers, analysts and others in attendance. Raising our profile within this community, and making investment professionals aware of the market value of our broadband wireless products is a priority in fostering the company's future growth. We will continue to present the 5G Wireless story to S.C.I.A. and its affiliates from coast to coast." About Southern California Investment Association, Inc. The Southern California Investment Association (S.C.I.A.) is a comprehensive organization developed to facilitate stock support and capital formation for companies in the region. The organization is part of an expanding national alliance of more than one hundred and fifty NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). member firms, investment and merchant bankers, investment advisors, analysts, financial service managers, venture capitalists, investor relations, industry consultants, securities attorneys, media and qualified investors. S.C.I.A.'s goal is to assist its member network and to build exposure and support for small to medium listed and emerging-growth companies through its bimonthly forum at which cutting-edge national and international presenting companies are showcased. For additional information, please visit http://www.sciaonline.org or call: (949) 922-3003. 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 a unique security protocol. These features are particularly significant through 5G Wireless' use of IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.11b enhancements for "last mile" roaming and point-to-multi-point networks. For additional information, please visit www.5gwireless.com or call (310) 754-3784. Except for the historical information contained herein, the matters set forth in this press release, including statements as to the anticipated cost of the solution as compared to the competition and the commencement of installation, are forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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-QSB/A for the quarter ended June 30, 2003. |
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