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19 March 2007
xG Technology Inc.
FIRST STAGE OF BETA FIELD TESTING NEARS COMPLETION
The Board of xG Technology,
Inc. ("xG or the company") (AIM: XGT), the Florida based
communications technology business, is pleased to announce
that the first stage of beta field testing is nearly complete.
The first xMax beta network is operational and is successfully
making calls over the air using xMax protocols and handsets.
The completion of this initial
field testing will allow xG to proceed with the second xMax
beta network in Daytona Beach, Florida, which will be operated
and tested by Far Reach Communications. Launch of this second
beta network is scheduled to take place by the end of this
month, with deliveries of commercial xMax base stations to
begin in April.
Commenting on today's
announcement Roger Branton, COO and CFO said:
"We are extremely pleased with
the results from our beta testing program. Having achieved our
technical goals on time, we now look forward to building
networks with our customers. The Company remains on target for
the US mobile VoIP commercial launch in Q2 2007."
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 -
Enquiries:
Rick Mooers - Chairman and
Chief Executive
Roger Branton - Chief Operating Officer and Chief Financial
Officer
020 7638 9571
Seb Hoyle / Lucie Holloway
Citigate Dewe Rogerson
020 7638 9571
ABOUT XG TECHNOLOGY
Based in Florida, USA, xG
Technology, Inc. has developed innovative technologies that
have the potential to 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. The key attractions of the technology include:
-Ability to transmit
substantially more information than other technologies
operating at similar power
-Low costs of deployment,
resulting in significantly reduced network capital
expenditures
-Utilization of unlicensed
spectrum
-Patented IP
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