Posts Tagged ‘spectrum’

xG Technology Ships $1.75 Million of xMax Products and Services

Friday, April 11th, 2014

xG Technology Ships $1.75 Million of xMax Products and Services In a press release issued today, xG Technology announced that year-to-date in 2014, it has shipped $1.75 million of xMax cognitive networking equipment and engineering services to multiple customers. These shipments included the following: equipment specified in a signed test plan with Autonomous University of Nuevo Leon trial client; and to fulfill existing backlogged orders from xG customers.

In addition to being xG’s first international shipment, the product testing agreement with the University also represents a new vertical market application for xG's xMax mobile broadband network solution.

This evaluation by the University represents the first of three potential phases of xMax evaluation and deployment for its industrial client. The accompanying news release “xG Technology Announces Product Testing Agreement with Autonomous University of Nuevo Leon, Mexico” provides additional information.

“The University agreement shows that xG’s xMax system has broad appeal to international, as well as US, customers looking for innovative and cost-effective fixed and mobile connectivity for voice, video and data applications,” said John Coleman, CEO of xG Technology. “In addition to this, we are pleased to have made follow-on shipments, as well as initial deliveries, to customers in our backlog. Our fulfilment of existing order commitments demonstrates the success of the executional steps we have completed, including continued product development, the recruitment of talented senior staff and managers, production and network installation. Our customers’ continued confidence in, and need for, the unique capabilities that xG’s xMax networking solutions bring to their businesses is driving this incremental conversion of backlog into shipments and revenue, which is our key objective for 2014.”

The full press release can be read at the following link:

xG Technology Ships $1.75 Million of xMax Products and Services


Daniel Carpini
Marketing Director
xG Technology, Inc.
 

xG Technology Receives $10 Million Order from TelAtlantic Wireless Services

Monday, January 28th, 2013

xG Technology Receives $10 Million Order from TelAtlantic Wireless ServicesxG Technology announced in a press release today that it has received a $10 million purchase order for xMax cognitive radio network broadband equipment from TelAtlantic Wireless Services, LLC. TelAtlantic is an Alexandria, Virginia-based company whose management is affiliated with multiple rural local exchange carriers in the Appalachian Region and Mid-America.

This purchase order brings the total announced backlog of orders and reseller agreements for xMax equipment and services to over $29.6 million. This order continues to demonstrate the growing appeal of xMax into a wide range of vertical and geographic markets including public safety, gaming and casinos, government, education and rural telephone companies.

The xMax cognitive radio solution provides a key advantage to TelAtlantic Wireless Services and other service providers operating in the rural telecom market. These providers have traditionally had limited options for deploying wireless services due to a lack of appropriate or sufficient licensed spectrum assets. xMax has the ability to operate in unlicensed spectrum, which enables the delivery of reliable wireless voice and broadband services without the need for costly licensed frequencies.

"In the current uncertain regulatory environment, there is a need to evolve as a provider of telecommunications service. To achieve this, our goal is to introduce new regulated and non-regulated products and services in rural communities," said Jim Crabtree, Vice Chairman of TWS. "We are proud to play a key role in incorporating game-changing technologies such as xG's xMax mobile broadband solution that helps us offer state of the art services to rural America."

George Schmitt, xG Director and CEO of MB Technology Holdings, the parent company of xG, said, “We are very honored to receive this order from TWS. Rural broadband is a growing market for xG, and this order supports our mission of delivering high-performance, cost-effective xMax wireless networks to the thousands of rural and independent service providers seeking an effective broadband solution.”

The complete press release can be read at this link.