5G Wireless Solutions Announces Speaker Invitation to Government Technology Conference in Washington, DC - Weisman to Discuss Wireless Infrastructure Strategies and Conduct Book Signing.

MARINA DEL REY, Calif. -- 5G Wireless Solutions, Inc., an emerging leader in the wireless broadband industry and a portfolio company of 5G Wireless Communications, Inc. (OTCBB:FGWC), announced today that it has been invited to speak at the GCN (Government Computer News) Wireless Conference June 7 & 8 in Washington, DC.

This year's theme, "Wireless Solutions: Enhancing Mobility, Logistics, Communications and Mission Delivery" (http://www.gcnconferences.com), is expected to attract over 150 top-level federal government IT professionals to the Ronald Reagan Building, next door to The White House. Carl Weisman, 5G Wireless Solutions Sr. Engineer, will present strategies for high performance/low cost wireless infrastructure deployments derived from several 5G venue-specific case studies. He will join such distinguished speakers as Dr. Ronald Jost, Director of Wireless Technology, U.S. Department of Defense; Robert C. West, Chief Information Security Officer, U.S. Department of Homeland Security; and several high ranking officers of the Army, Navy, and Air Force.

"What's exciting about this conference is the list of heavy hitters scheduled to appear as speakers," stated Frank Simonelli, 5G Wireless' Vice President of Communications. "From a branding perspective, speaker placements such as this provide a leadership opportunity for the company to reach a highly targeted set of prospects in a credible, captive environment. We are also now in a position to leverage our recent General Services Administration certification, enabling us to immediately bid on any government contract. And, the fact that GCN sought us out, and offered us a keynote slot, means we're achieving success in elevating the 5G Wireless Solutions brand name within the industry."

Mr. Weisman will also host a book signing event during the conference proceedings, offering "The Essential Guide to RF & Wireless," (Prentice Hall, 2002), which is becoming one of the industry's standard texts. He started his career at Hughes Aircraft Company as a design engineer working on radar for fighter aircraft. During his nine-year service there, he was awarded the Hughes Fellowship, which enabled him to pursue an MSEE from the University of Southern California. He then spent eight years working in sales and marketing of RF and wireless hardware for several companies, including Avantek-Hewlett Packard and M/A-COM-AMP. He also received an MBA from Loyola Marymount University.

Government Computer News is the leading magazine in the federal government IT market, reaching over 100,000 subscribers responsible for over $30 bil. in annual technology purchases, and is published by PostNewsweek Tech Media, a subsidiary joint venture of The Washington Post and Newsweek.

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.

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.

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