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28 August 2008
xG Technology, Inc.
FIRST TX60 MOBILE VOIP HANDSET ASSEMBLY
xG Technology, Inc. ("xG" or "the
Company"; LSE-AIM: XGT"), the communications technology
business, has this week reached a further significant
milestone in its goal of developing next generation mobile
VoIP communications with the manual assembly of its TX60
handsets by Cambridge Consultants, the design and
development house. After testing, the handset design will be
passed to xG's production partner in China.
The second generation BSN250 base stations that will operate
with the TX60 mobile VoIP handsets are nearing completion
and will be subsequently rolled out to replace the first
generation BSN200s that have been used by xG's dealer
customers for territory mapping.
ENDS
CONTACTS
xG Technology, Inc
Richard Mooers, Chairman and Chief Executive Officer
Roger Branton, Chief Operating Officer and Chief Financial
Officer
+44 20-7367-8888
www.xgtechnology.com
Bankside
+44 20-7367-8888
Steve Liebmann or Simon Bloomfield
ING Bank N.V., London Branch (Nominated Adviser)
+44 20-7767-1000
Xavier Moreels or Francis Moore
About xG Technology
Based in Florida, USA, xG Technology has developed
innovative, patented wireless communications technologies
which offer the potential to reduce significantly the
capital investment in and running costs of wireless voice
and data communications services.
xG has designed a mobile VoIP (Voice over Internet Protocol)
base station and handset product line. Branded as xMax,
these products are intended for use by regional carriers
(internet service providers, competitive local exchange
carriers and entrepreneurial parties) seeking to deliver
mobile Internet Protocol voice and data services directly to
consumers without using the incumbent circuit switched or
coaxial cable networks. The xMax system provides an extended
range of operation and is expected to provide superior
handset battery performance. Planned future releases of the
xMax product line include integrated video and data
applications.
This information is provided by RNS
The company news service from the London Stock Exchange
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