Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  XG Technology Inc    

XG TECHNOLOGY INC

  Report  
SummaryNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector news

xG Techonology, Inc. : xG Recieves Order For xMax Broadband Pilot Network From PC3 Solutions, Inc

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/12/2011 | 08:55am EDT

12 October, 2011

xG TECHNOLOGY, INC. RECEIVES ORDER FOR xMAX BROADBAND PILOT NETWORK FROM
EMERGENCY COMMUNICATION INTEGRATOR AND DEVELOPER, PC3 SOLUTIONS, INC.

Sarasota, Florida— 12 October, 2011—xG® Technology, Inc. ("xG" or the "Company"), the developer of a portfolio of wireless communications technologies, including cognitive radio networks, is pleased to announce that it has received a $55,500 sales order from PC3 Solutions, Inc. (“PC3” or “PC3 Solutions”), a San Ramon, California, based emergency communication and disaster response integrator and developer. The order covers xMax networking equipment that includes xMax wireless access points, xMod mobile data end-user devices and a mobile switching center that will enable PC3 to deploy and evaluate a pilot xMax network designed to meet the rigorous communications requirements of emergency management organizations.

xMax represents a new approach to wireless emergency response communications. By leveraging unlicensed spectrum via advanced cognitive networking techniques, xMax can deliver a licensed spectrum experience using unlicensed spectrum intended to offer a robust, rapidly deployable, cost-effective, carrier-class emergency network communications system to PC3 Solutions and its public safety users.

Commenting on PC3’s decision to partner with xG, John Wray, Chief Technology Officer of PC3, said, “As an integrator and developer of rapidly deployable communication solutions for disaster response, we are excited about offering the xMax cognitive radio solution to the disaster response community.  xG’s solution will allow it to communicate reliably in an otherwise impaired environment.”

The PC3 order is the latest in a number of memoranda of understanding and purchase orders for xMax networking equipment received by xG from domestic and international communications providers. This order also adds public safety as a new vertical market expressing commercial interest in xG’s technology.

Under the terms of the order, xG will be paid upon delivery of its broadband-enhanced xMax equipment to PC3, which is intended to take place in 2012.

END

Contacts 

xG Technology, Inc.

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)

Brian Stockbridge

+44 (0) 20 3328 5656

Dan Robinson

+44 (0) 20 3328 5656

First Columbus LLP (Joint Broker)

Chris Crawford

+44 (0) 20 3002 2073

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. For more information, please visit .

ABOUT PC3 SOLUTIONS
PC3Solutions Inc. was incorporated in the state of Nevada in February 2010.  PC3's founders have decades of experience designing, implementing and supporting mission critical communications systems.  PC3’s initial products provide emergency management agencies and first responders with customized turn-key solutions enabling them quickly to implement or restore valuable command, control, communications and intelligence systems in the event of sudden outage due to man-made or natural disasters. For further information, contact John Wray at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on XG TECHNOLOGY INC
06/18VISLINK TECHNOLOGIES : Transmitters and Receivers Deployed at First North Americ..
AQ
06/17VISLINK TECHNOLOGIES : Transmitters and Receivers Deployed at First North Americ..
AQ
06/07VISLINK TECHNOLOGIES, INC. : Triggering Events That Accelerate or Increase a Dir..
AQ
06/03Vislink technologies receives $650,000 in airborne video downlink orders from..
GL
05/31VISLINK TECHNOLOGIES : Regains full nasdaq listing compliance
AQ
05/23VISLINK TECHNOLOGIES : Hcam-ulrx camera system offers industry's lowest latency ..
AQ
05/20VISLINK TECHNOLOGIES : Joins svg europe as a gold sponsor
AQ
05/17VISLINK TECHNOLOGIES, INC. : Notice of Delisting or Failure to Satisfy a Continu..
AQ
05/15Vislink Technologies Reports Q1 2019 Financial Results
GL
05/10VISLINK TECHNOLOGIES : unifies products under single brand
AQ
More news
Financials (GBP)
Chart XG TECHNOLOGY INC
Duration : Period :
xG Technology Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
 
Mean consensus
Number of Analysts
Average target price -
Spread / Average Target -100%
EPS Revisions
Managers
NameTitle
Roger G. Branton Director, Chief Executive & Financial Officer
John Bayly Payne President & Chief Operating Officer
Susan G. Swenson Non-Executive Chairman
Mike Johnson Vice President-Engineering
Richard L. Mooers Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
XG TECHNOLOGY INC3
CISCO SYSTEMS27.86%221 656
FOXCONN INDUSTRIAL INTERNET CO LTD0.52%39 307
ERICSSON AB17.89%32 216
NOKIA OYJ-11.58%28 263
MOTOROLA SOLUTIONS43.51%25 062