DALLAS, June 13, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of 5G Wireless Communications, Inc. (OTCBB:FGWI). 5G Wireless is a designer, developer and manufacturer of commercial grade wireless broadband communications equipment operating in the 802.11a/b/g frequency. The 5G Wi-Fi system functions through macro-cell base stations deployed in key areas, while dead spots are filled in with smaller micro cells following the proven deployment strategy used today by cellular carriers. This type of structural design allows for a well-tailored combination of cells resulting in the ability to add higher capacity where and when needed. The Company's principal markets are universities and municipalities and just recently entered into hospitality, time shares and planned community markets. The Company sells its equipment to colleges and universities, commercial businesses and international markets and also installs its equipment and services the hospitality, time share and planned communities, at The Company's expense in order to recognize a recurring predictable revenue stream as opposed to a one time sale. The Company will only place equipment at its expense where it receives a minimum 3 year exclusive agreement to provide pay as you use services.
To view the StockGuru.com Profile for 5G Wireless Communications, Inc., please visit http://www.stockguru.com/profiles/fgwi
About StockGuru.com
StockGuru.com features daily alerts going out three times daily to members. To join our email alert list, please visit http://www.stockguru.com/stocks.htm
To feature your publicly traded company in our alerts, or to discuss our complete services, please contact: John Pentony at (469) 252-3031 or email publisher@stockguru.com. Our services include our Morning, Midday, and After The Bell news releases. Additionally, we profile publicly traded companies on our web site, we do interviews with CEOs or other key executives on our web site, and we have our financial writers cover our companies.
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 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.
Disclosure: Pentony Enterprises LLC has been compensated 540,000 restricted shares directly from the company for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.