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6 September 2007
xG Technology, Inc.
Announces launch will take place with newly designed handset
xG Technology, Inc. ("xG" or "the Company"), the Florida based
communications technology business, is pleased to announce
that the cosmetic redesign of its
handset has been finalised and the Company has decided to
launch the first full commercial network using this new TX110
handset instead of the TX100, further highlighting xG's
commitment to providing the highest quality of service. The
TX110 handset, designed by Cambridge Consultants, will begin
large-scale deliveries in November 2007. Photos of the TX110
can be found on the Company's website (www.xgtechnology.com).
Commenting on today's announcement, Rick Mooers, Chairman and
CEO stated:
"We are very pleased with the new design of the TX110, and
feel that the ergonomics and consumer friendly design of the
new xMax mobile VoIP phone will be most appropriate to our
commercial launch. xG is dedicated to providing the highest
quality of service-from the proprietary, back-end network to
the base stations and ultimately to the handset and customer".
Duncan Smith, Head of Consumer Products at Cambridge
Consultants further added:
"Whilst the software inside the phone and the xMax proprietary
technology will remain the same, the redesigned aesthetics
will lead to greater market acceptance, and will allow the
TX110 to ensure a higher quality commercial launch".
The new handsets and further details on the planned commercial
launch will be made available at today's industry
demonstration in Florida. Presenters include Joe Bobier, CTO;
Professor Stuart Schwarz; Shimon Hochbaum; Duncan Smith,
Cambridge Consultants; and advertising agent St. Johns &
Partners. A link to the full webcast of the event will be
available via the xG Technology website by Monday 10
September.
- Ends -
Enquiries:
Rick Mooers, Chairman and CEO
Roger Branton, COO and CFO
+44 (0)20 7638 9571
Nigel Daly
James Steel
Piper Jaffray Ltd.
+44 (0)20 3142 8700
Seb Hoyle
Lucie Holloway
Citigate Dewe Rogerson
+44 (0)20 7638 9571
Patrick Pordage
Marketing Communications Director
Cambridge Consultants Ltd
+44 (0)1223 420 024
ABOUT XG TECHNOLOGY
XG TECHNOLOGY'S BUSINESS
Based in Florida, USA, xG Technology has developed innovative
technologies that the directors believe can change the
building blocks, capabilities and economics
of the communications industry. Its patented technologies can
be applied to almost any type of communication including
voice, data or video in wired or wireless form.
As its first vertical application, xG Technology has designed
a mobile VoIP (Voice over Internet Protocol) base station and
handset product line. Branded as xMax, these products are for
use by regional carriers (internet service providers,
competitive local exchange carriers and entrepreneurial
parties) seeking to deliver mobile Internet Protocol services
directly to consumers without using the incumbent circuit
switched or coaxial cable networks. Future releases of the
xMax product line will expand from mobile VoIP to offer
integrated video and data applications.
MARKET AND COMPETITION
There is a wide variety of wireless technologies in the
marketplace. The Directors believe that the key issue keeping
these technologies from achieving greater success is the price
versus performance of existing options. xMax changes this
price/performance relationship by enabling the delivery of
mobile IP services with less infrastructure using low-cost and
readily available
unlicensed radio spectrum.
xG Technology believes that xMax is a viable solution for
mobile VoIP for a number of reasons:
- xMax is an IP solution rather than a circuit switched
solution; this is a prerequisite for handling the VoIP
application;
- xMax delivers high speed data in the order of Mbps rather
than Kbps, which is essential for supporting large numbers of
subscribers;
- xMax has a low latency physical layer, resulting in high
network efficiency;
- xMax's signal profile also allows for improved
range/coverage and better signal penetration, which is
essential for maintaining call session reliability;
and
- although this feature is not central to the VoIP application
itself, xG Flash Signal's ability to deliver wireless signals
with far less RF output power than conventional applications
means that wireless VoIP handsets will show improved battery
life over other solutions.
This information is provided by RNS The company news service
from the London Stock Exchange
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