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30 April 2007
xG Technology, Inc.
FIRST SHIPMENT OF COMMERCIAL BASE STATIONS
xG Technology, Inc. ("xG
Technology"and "xG") (AIM: XGT), the Florida based
communications technology business, is pleased to announce
that it has made the first shipment of commercial base
stations to Far Reach Technologies ("Far Reach") in the United
States. Far Reach will be deploying the initial shipment of
five base stations in the Daytona Beach area and will be
offering their customers mobile VoIP services, followed by
mobile Broadband.
Commenting on today's announcement, CFO Roger Branton stated:
"While we are of course pleased with our first commercial
sales, to see our continued success in meeting timelines and
the launch of xMax network deployment is most gratifying."
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
Nigel Daly/Xavier Moreels
Piper Jaffray Ltd.
020 3142 8700
ABOUT XG
TECHNOLOGY
XG TECHNOLOGY’S
BUSINESS
Based in Florida, USA, xG Technology has developed innovative
technologies that the directors believe 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.
xG Technology is now designing a mobile VoIP (Voice over
Internet Protocol) base station and handset product line.
Branded as xMax, these products are intended to be sold to
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. In time, it is intended that 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 will be 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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