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Tuesday, 10/21/2003 1:30:49 PM

Tuesday, October 21, 2003 1:30:49 PM

Post# of 219267
FGWC..news..5G Wireless Appoints Pillsbury Winthrop as Corporate Counsel
Business Wire - October 21, 2003 13:29
MARINA DEL REY, Calif.--(BUSINESS WIRE)--Oct. 21, 2003--5G Wireless (OTCBB:FGWC) announced today that it has named the Palo Alto office of Pillsbury Winthrop, LLP as corporate counsel to provide legal counsel and guidance as part of the company's overall restructuring effort.

"We selected Pillsbury Winthrop based on their proven ability to help take tech startups to the next level," stated Peter Trepp, President and COO of 5G Wireless. "They're a full service firm that can assist with everything from fundraising to joint ventures to intellectual property issues. We're especially excited over the potential of working with their technology specialists to successfully monetize our proprietary WiFi technology."

"The more we learned about the 5G solution, the more we appreciated not only their technology but the compelling customer value proposition it can support," added Benjamin B. Quinones, a partner at Pillsbury Winthrop. "Our relevant experience with scores of emerging companies, venture capitalists and industry leaders suggests that the company is well-positioned to capitalize on the accelerating demand for wireless broadband access."

About 5G Wireless Communications, Inc.

5G Wireless Communications, Inc. (www.5gwireless.com), located in Marina del Rey, CA, designs, builds, operates, markets and services wireless broadband systems. Utilizing proprietary IEEE 802.11b enhancements for "last mile" point-to-point and point-to-multi-point networks, 5G can provide dependable, high-speed internet access without the usual installation delays at lower cost than most major competitors.

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 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 (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


CONTACT: 5G Wireless Communications, Inc.
Jerry Dix, 800-916-1611
irdept@5gwireless.com






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