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14 January 2008
xG Technology, Inc.
xG Ships
Network Equipment to New Markets
xG
Technology, Inc. (“xG”), the Florida based communications
technology business, is pleased to announce that shipments
of the Company’s xMax base stations are commencing to
markets beyond its initial market in Daytona Beach, Florida,
including to new customers in Maryland, South Carolina,
Kansas and elsewhere in Florida.
Frank
Peake, Deputy COO, said: “It is rewarding to be at the stage
where we are supplying a number of new customers in multiple
markets who will be deploying their networks using our low
cost solution and equipment.”
xG is a
registered trade mark of xG Technology, Inc. under US Trade
Mark Registration Number 3039835. xMax is a trademark of xG
Technology, Inc.
- Ends –
For more information, please
visit the xG Technology, Inc. website:
www.xgtechnology.com
Enquiries:
Rick Mooers, Chairman and CEO
Roger Branton, COO and CFO
020 7638 9571
Nigel Daly/James Steel
Piper Jaffray Ltd.
020 3142 8700
Seb Hoyle
Lucie Holloway
Citigate Dewe Rogerson
020 7638 9571
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
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