No, a printer can only be connected using USB orParallel cable. The wireless function of the printserveris there to connect with eg. a wireless router, access pointor wireless computer (intrastructure & ad-hoc).
If you have an ethernet printer (RJ-45 socket)it is already prepared to be shared on the network, and will notneed a print server in between. Connect directly to a wired orwireless router or switch using a CAT-5 cable. To make yourethernet printer wireless, check the