ATLANTA, Jan. 23, 2006 (PRIMEZONE) -- OTC Stock Review announces that it has published a report on 5G Wireless Communications, Inc. (OTCBB:FGWI), headquartered in Marina del Rey, California. 5G Wireless Communications, Inc. has successfully deployed Wi-Fi nationwide in healthcare facilities, governments, municipalities, and on college campuses, through their 5G Wireless Solutions subsidiary. The 5G platform effectively leverages its superior range and "outside-in," non-line-of-sight (NLOS) capabilities to create a Wi-Fi Hotzone. FGWI offers a municipality, college, or healthcare facility an opportunity to own a more secure network for a fraction of what the major players would charge for access.
5G Wireless Solutions' G-Force Base Stations use an industry standard Wi-Fi platform along with proprietary high-gain antenna technology. This is combined with 5G Wireless' unique signal power to offer:
-- Industrial strength outdoor/indoor wireless coverage -- Non-line-of-sight capabilities -- Ideal mix of range and performance -- Low total cost of ownership -- Flexible upgrade path to new technologies like WiMAX
G-Force is available in a number of single or multi-panel, point-to-point and point-to-multipoint configurations to fit the requirements of a particular marketplace or customer.
2006 should be a profitable year for FGWI, with growth in the 300% range. The 4th quarter of 2005 should continue to build on FGWI's Net Sales of $1.63 million for the 9 months ending September 30th. One analyst who follows the stock looks for $2.75 million for 2005 and $9.8 million for 2006. The current market cap for FGWI is about half of 2006 sales estimates in an industry that trades for close to two times sales, with no premium for 300% growth.
The complete report is available at www.otcstockreview.com/Files/FGWI/FGWI_Review.pdf.
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