5G Wireless Signs Letter of Intent to Acquire e-netegrations Inc.

Apr 24, 2001, 01:00 ET from 5G Wireless Communications Inc.

    LAS VEGAS, April 24 /PRNewswire Interactive News Release/ -- The Board of
 Directors of 5G Wireless Communications, Inc. (OTC Bulletin Board:   FGWC) is
 pleased to announce entering into a Letter of Intent to acquire 100% of the
 capital stock of e-netegrations, Inc.  Under the terms of this agreement, 5G
 shall provide the financing for the fulfillment of existing contacts within
 United States and for the Hotel Industry. This acquisition provides 5G with
 immediate expansion into the North American market place to augment its Asian
 operations.
     The President, Britt Bambic further expressed that, "e-netegrations is
 excited to potentially partner with 5G Wireless Communications.  This
 partnership will allow us to further both the number of hotels we are able to
 service and increase and diversify the wireless technology available to our
 hotel solutions.  The partnership between 5G Wireless Communications and
 e-netegrations will allow our companies to combine their strengths, and expand
 the amount and quality of services available to our respective customers."
     As well, "e-netegrations is excited to integrate our strengths with those
 of 5G Wireless Communications, and advance the wireless technology available
 to our hotel Internet solutions through capitalizing on creative synergies.  A
 partnership between 5G Wireless Communications and e-netegrations would
 mutually benefit our companies in a number of manners, primarily through a
 sharing of wireless broadband technologies."
 
      About 5G Wireless Communications, Inc.
      5G Wireless Communications, Inc. is a cutting edge provider of wireless
 solutions, which utilizes state of the art equipment and proprietary solution
 elements which delivers a dramatic improvement in performance while at the
 same time realizing the bottom line benefit of decreased communications costs.
 5G's corporate office is located in the United States, with branch offices in
 Canada, Hong Kong and Singapore.  5G designs, builds, deploys and operates
 broadband network systems for the hospitality industry and is expanding its
 services across Asia.  Its work in the Asian hospitality trade has included
 installing a demonstration network at the Singapore International Convention
 and Exhibition Centre (SICEC).  The SICEC seamless wireless broadband network
 serves exhibition halls, ballrooms, foyers, and cafes.
 
     About e-netegrations  http://www.e-netegrations.com/
     e-netegrations, Inc. is a privately held Idaho corporation that provides
 high-speed wireless Internet access services to hotels.  e-netegrations
 currently provides service to hotels in Idaho, Washington, and New Mexico, and
 plans to implement wireless services in an additional 50 hotels throughout the
 West during the next year.
     e-netegrations' high-speed wireless Internet access services allow guests
 quality broadband access anywhere within hotels.  Guests may use laptop
 computers and other wireless devices to roam throughout guest and conference
 rooms, lounges and restaurants, recreational areas, and other common areas
 within hotels while remaining connected to the hotel's wireless network.
 e-netegrations' wireless solution eliminates the necessity of locating
 telephone jacks in hotels, and provides guests with a dedicated Internet
 connection greater than 256Kbps.
     e-netegrations was founded in Boise, ID, in 1992.  Since its founding,
 e-netegrations has specialized in providing quality wired and wireless network
 solutions to a variety of clients.  Past clients include hotels, universities,
 medical providers, governmental organizations, and a variety of commercial
 clients.
 
     This news release contains forward-looking statements as defined by the
 Private Securities Litigation Reform Act of 1996.  Forward-looking statements
 concerning plans, objectives, goals, strategies, future events of performance
 and underlying assumptions and other statements which are other than
 statements of historical facts.  These statements are subject to uncertainties
 and risks including but not limited to, product and services demand and
 acceptance, changes in technology and in economic, political and regulatory
 conditions and to all of the risks generally associated with a company at 5G
 Wireless stage of development.  All such forward-looking statements, whether
 written or oral, and whether made by or on behalf of the company are expressly
 qualified by these cautionary statements.  In addition, the Company disclaims
 any obligation to update any forward-looking statements to reflect events or
 circumstances after the date hereof.
 
     Contact:
     Investor Relations of 5G Wireless Communications Inc., 702-947-4877, or
 info@5Gwireless.net.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X37144282
 
 

SOURCE 5G Wireless Communications Inc.
    LAS VEGAS, April 24 /PRNewswire Interactive News Release/ -- The Board of
 Directors of 5G Wireless Communications, Inc. (OTC Bulletin Board:   FGWC) is
 pleased to announce entering into a Letter of Intent to acquire 100% of the
 capital stock of e-netegrations, Inc.  Under the terms of this agreement, 5G
 shall provide the financing for the fulfillment of existing contacts within
 United States and for the Hotel Industry. This acquisition provides 5G with
 immediate expansion into the North American market place to augment its Asian
 operations.
     The President, Britt Bambic further expressed that, "e-netegrations is
 excited to potentially partner with 5G Wireless Communications.  This
 partnership will allow us to further both the number of hotels we are able to
 service and increase and diversify the wireless technology available to our
 hotel solutions.  The partnership between 5G Wireless Communications and
 e-netegrations will allow our companies to combine their strengths, and expand
 the amount and quality of services available to our respective customers."
     As well, "e-netegrations is excited to integrate our strengths with those
 of 5G Wireless Communications, and advance the wireless technology available
 to our hotel Internet solutions through capitalizing on creative synergies.  A
 partnership between 5G Wireless Communications and e-netegrations would
 mutually benefit our companies in a number of manners, primarily through a
 sharing of wireless broadband technologies."
 
      About 5G Wireless Communications, Inc.
      5G Wireless Communications, Inc. is a cutting edge provider of wireless
 solutions, which utilizes state of the art equipment and proprietary solution
 elements which delivers a dramatic improvement in performance while at the
 same time realizing the bottom line benefit of decreased communications costs.
 5G's corporate office is located in the United States, with branch offices in
 Canada, Hong Kong and Singapore.  5G designs, builds, deploys and operates
 broadband network systems for the hospitality industry and is expanding its
 services across Asia.  Its work in the Asian hospitality trade has included
 installing a demonstration network at the Singapore International Convention
 and Exhibition Centre (SICEC).  The SICEC seamless wireless broadband network
 serves exhibition halls, ballrooms, foyers, and cafes.
 
     About e-netegrations  http://www.e-netegrations.com/
     e-netegrations, Inc. is a privately held Idaho corporation that provides
 high-speed wireless Internet access services to hotels.  e-netegrations
 currently provides service to hotels in Idaho, Washington, and New Mexico, and
 plans to implement wireless services in an additional 50 hotels throughout the
 West during the next year.
     e-netegrations' high-speed wireless Internet access services allow guests
 quality broadband access anywhere within hotels.  Guests may use laptop
 computers and other wireless devices to roam throughout guest and conference
 rooms, lounges and restaurants, recreational areas, and other common areas
 within hotels while remaining connected to the hotel's wireless network.
 e-netegrations' wireless solution eliminates the necessity of locating
 telephone jacks in hotels, and provides guests with a dedicated Internet
 connection greater than 256Kbps.
     e-netegrations was founded in Boise, ID, in 1992.  Since its founding,
 e-netegrations has specialized in providing quality wired and wireless network
 solutions to a variety of clients.  Past clients include hotels, universities,
 medical providers, governmental organizations, and a variety of commercial
 clients.
 
     This news release contains forward-looking statements as defined by the
 Private Securities Litigation Reform Act of 1996.  Forward-looking statements
 concerning plans, objectives, goals, strategies, future events of performance
 and underlying assumptions and other statements which are other than
 statements of historical facts.  These statements are subject to uncertainties
 and risks including but not limited to, product and services demand and
 acceptance, changes in technology and in economic, political and regulatory
 conditions and to all of the risks generally associated with a company at 5G
 Wireless stage of development.  All such forward-looking statements, whether
 written or oral, and whether made by or on behalf of the company are expressly
 qualified by these cautionary statements.  In addition, the Company disclaims
 any obligation to update any forward-looking statements to reflect events or
 circumstances after the date hereof.
 
     Contact:
     Investor Relations of 5G Wireless Communications Inc., 702-947-4877, or
 info@5Gwireless.net.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X37144282
 
 SOURCE  5G Wireless Communications Inc.