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xG Technology Inc. (XGT)

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Thursday 30 June, 2011

xG Technology Inc.

Posting of Annual Report and Accounts

RNS Number : 4080J
xG Technology Inc.
30 June 2011
 

30 June 2011

xG TECHNOLOGY, INC.

 

Posting of annual report and accounts

 

xG Technology, Inc. ("xG", "xG Technology" or the "Company"), the developer of a broad portfolio of wireless communications technologies, including cognitive radio networks, has today posted to shareholders a copy of the Company's annual report and accounts. 

 

A copy of the annual report is also available from the Company's website, www.xgtechnology.com.

Contacts

xG

 

John Coleman, Chief Executive Officer

+1 212 651 4219

Roger Branton, Chief Financial Officer

+1 212 651 4219

James Woodyatt, Investor Relations

+1 954 572 0395

 

 

Allenby Capital Limited (Nominated Adviser & Broker)

+44 20 3328 5656

Brian Stockbridge

 

Dan Robinson

 

Alex Price

 


 

Fusion PR (Media and Analyst Relations)

+1 212 651 4227 

Heather Lukens

 

ABOUT xG TECHNOLOGY

xG Technology is a leading developer of innovative and disruptive communications technologies for wireless networks.  Its extensive patented intellectual property portfolio covers a broad range of applications including cognitive radio networks.  The Company has commercialized some of these technologies to create xMax, the world's first carrier-class cognitive radio network.

xMax's standards-based IP architecture minimizes network deployment, management and operational costs while simplifying the delivery of profitable fixed and mobile services.  Using field-proven cognitive radio technology, xMax enables the delivery of these revenue-generating mobile services in both licensed and unlicensed bands.  In its initial commercial offering, the xMax cognitive radio system enables carriers and other operators to monetize profitably the free unlicensed spectrum in the 900MHz ISM band.

xMax also offers unique capabilities to enterprises, utilities, government agencies and others who require advanced wireless communications to support business operations and mission critical applications.

xG Technology offers turnkey xMax network solutions including base stations, mobile switching centers, network management systems, deployment tools, handsets and customer support.

xG has deployed a 32 square mile xMax network in Fort Lauderdale, Florida to showcase its cognitive radio, mobile VoIP, and dynamic interference mitigation capabilities.  The Company's xMax products are also being tested and trialed by the US Army at two of its US bases.  Based in the USA, xG Technology has over 50 US and more than 100 international patents and pending patent applications.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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