5G Wireless Communications, Inc. Signs Exclusive OEM Agreement with Universal Guardian's Shield Defense Technologies.Business Editors/High-Tech Writers MARINA DEL REY Del Rey may refer to:
5G Wireless Communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : FGWC) announced today that it has entered into an Exclusive Original Equipment Manufacturing Agreement with Shield Defense Technologies, Inc. a subsidiary of Universal Guardian Holdings, Inc. (OTCBB: UGHO UGHO Universal Guardian Holdings, Inc ). Under terms of the exclusive OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement, 5G Wireless will provide its wireless broadband products, systems and technical services to ISR (Interrupt Service Routine) Software routine that is executed in response to an interrupt. Systems Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Universal, for implementation in Homeland Security and related markets. ISR Systems provides modular, rapidly deployable and cost-effective end-to-end security solutions to protect critical infrastructure, military, government and commercial assets. ISR Systems' integrated security platforms deliver surveillance, threat detection, tracking, automated decision support and interoperable command and control to facilitate coordinated tactical responses among multiple agencies. "Overall performance and value were instrumental in our selection of 5G Wireless as the wireless network system provider for our web-based, integrated and interoperable security systems," stated Michael Skellern, Chairman and 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. of Universal. "We evaluated other systems and found that 5G Wireless is capable of delivering the type of performance required for our specific security applications. With this agreement in place, we are now looking at leveraging the 5G Wireless advantage across our entire customer base." "5G Wireless is thrilled to be engaged with Shield Defense and its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. . We are excited to be a part of this important and growing market segment," said Jerry Dix, Chairman and CEO of 5G Wireless. "Our relationship with Shield Defense will allow us to benefit from access to key military, maritime, petroleum and security applications, while staying focused on our campus and wireless ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. customers." About 5G Wireless Communications, Inc. 5G Wireless Communications, Inc. (www.5gwireless.com), located in Marina del Rey, Calif., designs and manufactures wireless broadband systems for large or otherwise unreachable customer venues. 5G Wireless customers receive dependable, high-speed Internet access at significantly lower acquisition and implementation costs than competitive offerings. 5G Wireless' products are distinguished by their exceptional data rate/range, significant number of simultaneous users, non-line-of-sight connectivity, and proprietary security scheme. These benefits 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. About Shield Defense Technologies, Inc. Shield Defense Technologies, Inc., a wholly owned subsidiary of Universal, holds patents, patent applications, product and technology agreements, original equipment manufacturing agreements and strategic alliance agreements for utilization by Universal's subsidiaries. About Universal Guardian Holdings, Inc. Universal and its subsidiary corporations provide products, systems, and services to mitigate security and terrorist threats worldwide. From integrated and intelligence, surveillance, reconnaissance systems and interoperable command and control platforms to non-lethal weapons, UGHO companies cover a wide range of security applications and markets, merging cost-effective technology and ease of use, to secure entire threat environments. www.universalguardian.com FORWARD LOOKING STATEMENT: 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 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. 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 which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. Further information is available on the Company's website: www.5gwireless.com 5G or call 800-916-1611. |
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