5G Wireless Taps Cisco Business Development Executive Kirk Haney as Independent Director to Board.MARINA DEL REY Del Rey may refer to:
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), an emerging leader in the wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 industry, announced today that Kirk L. Haney has been appointed an independent director to its Board. Mr. Haney currently works in Global Business Development for Cisco Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ). In this capacity, he was instrumental in creating Cisco's global security sales strategy, which resulted in Cisco surpassing $1bil. in security sales for FY 2004. In addition to leading several of Cisco's enterprise and advanced technology sales and engineering teams, Mr. Haney has also been an advisor to Cisco's Corporate Business Development team on various investment and acquisition candidates. Prior to his Cisco experience, Mr. Haney held senior management positions in sales, marketing and business development for 3Com Corporation and ArrowPoint Communications (acquired by Cisco). While at ArrowPoint, Mr. Haney led the team that increased revenue from $0 to an $80 million run rate, which eventually led to Cisco's $5.9 billion acquisition of ArrowPoint. In private equity, Mr. Haney has made eight major investments over the last two years and was the lead on two of them. Mr. Haney holds a BA in Political Science from California State University Enrollment  , Long Beach, and an MBA MBAabbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Pepperdine University. "Kirk's expertise in creating and nurturing top selling organizations will help guide our direct sales and channel development efforts as we accelerate penetration into the university and municipal/public safety markets," stated Jerry Dix, 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. . "He also possesses the real world insights and connections 5G requires to become a major player in the wireless broadband space. We are delighted to have Mr. Haney as the latest board member bringing the total board members to 5, of which 3 are independent." About 5G Wireless Communications, Inc. 5G Wireless Communications, Inc., located in Marina del Rey, CA, develops and sells wireless broadband solutions. 5G Wireless customers receive dependable, high-speed Internet access at lower acquisition and implementation costs than most major competitors. 5G Wireless' products are distinguished by their exceptional data rate/range, number of concurrent users, non- 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 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 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 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. All product or service names mentioned herein are the trademarks of their respective owners. |
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