(XGT.L) xG Technology Inc Buy/Sell

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Summary

Current Market Information

Time: 05:58 (Market Closed)

Bid	0.35
Ask	0.43
Price	0.39
Previous	0.40
Change	-0.01 (-2.50%)
Last Trade	0.39 (16:30:09)
Trading Vol.	95,000
Today's High	0.43
Today's Low	0.35

52 Wk Low	0.20
52 Wk Low	(19/10/2009)
52 Wk High	3.25
52 Wk High	(24/04/2009)
52 Wk Change	-1.61
52 Wk Change	(-80.50%)
4 Wk Volume	5,354,650
ISIN Number	USU984031059
Currency	USD

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Recent News
Date/Time	Headline	Source
13-11-09	xG Technology Inc. - Market update	RNS
RNS Number : 5005C xG Technology Inc. 13 November 2009 13 November, 2009 Share price movement, proposed issue of new equity and payment under Infrastructure Agreement xG Technology, Inc. (LSE-AIM: XGT, "xG" or the "Company"), which has developed an innovative, low-cost, mobile VoIP and data communications system, has noted the rise in its share price this morning and advises that Treco International SA ("Treco") and MB Merchant Group, LLC (a company in which Richard Mooers, Chairman and CEO, and Roger Branton, COO and CFO, have family interests) have agreed, subject to completion of relevant Securities Purchase Agreements with xG, to invest a total of $3,370,058 in the Company by the purchase of 9,911,934 newly issued shares of Common Stock in the Company at $0.34 per share, approximately a 21% premium over the latest closing mid-price. Of the capital raise mentioned above, it is anticipated that Treco will buy 6,235,464 new shares for an aggregate purchase price of $2,120,058. On completion of this purchase, Treco will own a total of 12,301,168 shares in the Company. Together with payments being made under the Infrastructure Agreement between xG and Treco, the cash proposed to be paid into the Company by Treco is expected to total $5 million. MB Merchant Group, LLC will agree to buy the balance of the capital totalling 3,676,470 new shares for an aggregate purchase price of $1,250,000. On completion, MB Merchant Group, LLC will own a total of 60,398,372 shares in the Company. The Company is in discussion with a number of other interested parties, including Directors, about joining the investment at $0.34 per share. The Company will update the market accordingly as commitments are concluded. ENDS CONTACTS `xG Technology, Inc. www.xgtechnology.com` `Richard Mooers, Chairman and Chief Executive Officer +44 7827 444634` `Roger Branton, Chief Operating Officer and Chief +44 7827 444634` Financial Officer `Jonas Krepp, Director of Investor Relations +44 7827 444634` Cenkos Securities (Nominated Adviser & Broker) `Ken Fleming +44 (0) 131 220 9772` `Alan Stewart +44 (0) 131 220 9772` ABOUT XG TECHNOLOGY Based in Florida, United States, xG Technology, Inc. has developed innovative, patented communications technologies which offer the potential to significantly reduce the required capital investment and operating costs of wireless and wired voice and data communications services. xG's mobile VoIP and data system - branded as xMax - operating in the license-free ISM 900MHz band (902-928MHz) is an end-to-end Internet Protocol (IP) system infrastructure which represents the first fully mobile VoIP network. xG's package of hardware and intellectual property delivers high-margin, low-cost, mobile and fixed voice, and broadband data services that can operate in licensed or unlicensed spectrum. xMax networks deployed in license-free spectrum can be significantly less expensive and faster to market than other technologies. xMax modules can also be incorporated into any Customer Premise Equipment (CPE) or device hardware and software. xMax technology offers advantages for numerous types of prospective domestic and international carriers. These organizations include incumbent local exchange carriers (ILECs), competitive local exchange carriers (CLECs), original equipment manufacturers (OEMs), mobile operators, cable companies and other content providers, and infrastructure mobile virtual network enablers (MVNE). This information is provided by RNS The company news service from the London Stock Exchange END MSCUORSRKORAAAA More
02-11-09	xG Technology Inc. - Blocklisting Interim Review	RNS
This news article is displayed preformatted as it may contain results tables RNS Number : 5779B xG Technology Inc. 02 November 2009 2 November 2009 xG Technology, Inc. 31 October 2009 BLOCKLISTING INTERIM REVIEW 1. Name of company: xG Technology, Inc. 2. Name of the schemes: A) 2004 Share Incentive Plan B) 2005 Share Incentive Plan C) 2006 Share Incentive Plan 3. Period of return: From 1 May 2009 to 31 October 2009 4. Number and class of shares not issued under the schemes at beginning of period: A) 1,162,963 Common Shares B) 200,000 Common Shares C) 1,489,359 Common Shares Total: 2,852,322 Common Shares 5. Number of shares issued / allotted under the schemes during period: A) 0 B) 0 C) 0 Total: 0 6. Balance under the schemes not yet issued / allotted at end of period: A) 1,162,963 Common Shares B) 200,000 Common Shares C) 1,489,359 Common Shares Total: 2,852,322 Common Shares 7. Number and class of shares originally listed and the date of admission: A) 1,715,000 Common Shares B) 285,000 Common Shares C) 1,611,775 Common Shares Total: 3,611,775 Common Shares All admitted on 30 April 2008 8. Total number of shares in issue at the end of the period: 132,588,615 Common Shares CONTACTS xG Technology, Inc. www.xgtechnology.com Richard Mooers, Chairman and Chief Executive Officer +44 7827 444634 Roger Branton, Chief Operating Officer and Chief Financial Officer +44 7827 444634 Jonas Krepp, Director of Investor Relations +44 7827 444634 Cenkos Securities (Nominated Adviser & Broker) Ken Fleming +44 (0) 131 220 9772 Alan Stewart +44 (0) 131 220 9772 ABOUT xG TECHNOLOGY Based in Florida, United States, xG Technology, Inc. has developed innovative, patented communications technologies which offer the potential to significantly reduce the required capital investment and operating costs of wireless and wired voice and data communications services. xG's first suite of products - branded as xMax - is a mobile VoIP and data system operating in the license-free ISM 900MHz band (902-928MHz). xMax is an end-to-end Internet Protocol (IP) system infrastructure that includes a line of base stations, mobile switching centers (MSC), handsets, and modems which represents the first commercially available, fully mobile VoIP network. xG's package of hardware and intellectual property delivers high-margin, low-cost, mobile and fixed voice, and broadband data services that can operate in licensed or unlicensed spectrum. xMax networks deployed in license-free spectrum can be significantly less expensive and faster to market than other technologies. xMax modules can also be incorporated into any Customer Premise Equipment (CPE) or device hardware and software. xMax technology offers advantages for numerous types of prospective domestic and international carriers. These organizations include incumbent local exchange carriers (ILEC), competitive local exchange carriers (CLEC), original equipment manufacturers (OEM), mobile operators, cable companies and other content providers, and infrastructure mobile virtual network enablers (MVNE). This information is provided by RNS The company news service from the London Stock Exchange END BLRKKLBLKBBEFBK More
26-10-09	xG Technology Inc. - Extension of Lock-up Agreement	RNS
RNS Number : 3414B xG Technology Inc. 26 October 2009 26 October, 2009 Extension of Lock-up Agreement relating to shares in which Director is interested xG Technology, Inc. (LSE-AIM: XGT, "xG" or the "Company"), which has developed an innovative, low-cost, mobile VoIP and data communications system, is pleased to announce that the lock-up agreement dated 23rd April, 2009 and relating to a total of 22,344,191 shares in the Common Stock of xG owned by Stormur Holding AB (in which Palmi Sigmarsson, Director, has an indirect 58.7% controlling interest), representing approximately 16.9% of the Company's share capital), has been extended for a further term of six months. ENDS CONTACTS `xG Technology, Inc. www.xgtechnology.com` `Richard Mooers, Chairman and Chief Executive Officer +44 7827 444634` `Roger Branton, Chief Operating Officer and Chief +44 7827 444634` Financial Officer `Jonas Krepp, Director of Investor Relations +44 7827 444634` Cenkos Securities (Nominated Adviser & Broker) `Ken Fleming +44 (0) 131 220 9772` `Alan Stewart +44 (0) 131 220 9772` ABOUT XG TECHNOLOGY Based in Florida, United States, xG Technology, Inc. has developed innovative, patented communications technologies which offer the potential to significantly reduce the required capital investment and operating costs of wireless and wired voice and data communications services. xG's mobile VoIP and data system - branded as xMax - operating in the license-free ISM 900MHz band (902-928MHz) is an end-to-end Internet Protocol (IP) system infrastructure which represents the first fully mobile VoIP network. xG's package of hardware and intellectual property delivers high-margin, low-cost, mobile and fixed voice, and broadband data services that can operate in licensed or unlicensed spectrum. xMax networks deployed in license-free spectrum can be significantly less expensive and faster to market than other technologies. xMax modules can also be incorporated into any Customer Premise Equipment (CPE) or device hardware and software. xMax technology offers advantages for numerous types of prospective domestic and international carriers. These organizations include incumbent local exchange carriers (ILECs), competitive local exchange carriers (CLECs), original equipment manufacturers (OEMs), mobile operators, cable companies and other content providers, and infrastructure mobile virtual network enablers (MVNE). This information is provided by RNS The company news service from the London Stock Exchange END MSCPUGRPUUPBGRA More
01-10-09	xG Technology Inc. - Director Increases Equity Position	RNS
RNS Number : 0104A xG Technology Inc. 01 October 2009 1 October 2009 DIRECTOR INCREASES EQUITY POSITION xG Technology, Inc. ("xG" or the "Company") was notified on 30 September 2009 that Mats Wennberg, a Non-Executive Director of the Company, purchased in the market 20,000 Common Shares in the Company on 30 September 2009 at a price of 0.70 US Dollars per share. Following this transaction, Mats Wennberg's total beneficial holding in xG, privately and through his wholly owned company, is 2,644,000 Common Shares, representing approximately 2% of the total issued share capital of the Company. ENDS CONTACTS `xG Technology, Inc. www.xgtechnology.com` `Richard Mooers, Chairman and Chief Executive Officer +44 7827 444634` `Roger Branton, Chief Operating Officer and Chief +44 7827 444634` Financial Officer `Jonas Krepp, Director of Investor Relations +44 7827 444634` Cenkos Securities (Nominated Adviser & Broker) `Ken Fleming +44 (0) 131 220 9772` `Jon Fitzpatrick +44 (0) 131 220 9773` ABOUT xG TECHNOLOGY Based in Florida, United States, xG Technology, Inc. has developed innovative, patented communications technologies which offer the potential to significantly reduce the required capital investment and operating costs of wireless and wired voice and data communications services. xG's first suite of products - branded as xMax - is a mobile VoIP and data system operating in the license-free ISM 900MHz band (902-928MHz). xMax is an end-to-end Internet Protocol (IP) system infrastructure that includes a line of base stations, mobile switching centers (MSC), handsets, and modems which represents the first commercially available, fully mobile VoIP network. xG's package of hardware and intellectual property delivers high-margin, low-cost, mobile and fixed voice, and broadband data services that can operate in licensed or unlicensed spectrum. xMax networks deployed in license-free spectrum can be significantly less expensive and faster to market than other technologies. xMax modules can also be incorporated into any Customer Premise Equipment (CPE) or device hardware and software. xMax technology offers advantages for numerous types of prospective domestic and international carriers. These organizations include incumbent local exchange carriers (ILEC), competitive local exchange carriers (CLEC), original equipment manufacturers (OEM), mobile operators, cable companies and other content providers, and infrastructure mobile virtual network enablers (MVNE). This information is provided by RNS The company news service from the London Stock Exchange END RDSCKKKQABKDNCN More

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Date/Time	Subject	Author
Thu 01:13	Re: Apples and Oranges	Beerson


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	"The people buying shares today are they all brain damaged too? " "people"??? You make it sound like there's more than one buyer. More \| View thread (4) \| Respond \| Login to Vote up \| Login to Vote down
Mon 10:49	Re: Apples and Oranges	deathlehem2


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	"Is Bohman brain damaged?" The people buying shares today are they all brain damaged too? More \| View thread (4) \| Respond \| Login to Vote up \| Login to Vote down
Sun 15:44	Re: Apples and Oranges	Beerson


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	"The 1 watt limit of xMax is always going to compromise its performance." The 1 Watt limit of anything operating in the 902-928 MHz ISM band compromises performance. And that is exactly what makes xG's business proposition untenable. It always has and always will -- that is, unless the regulations are changed. But then, if power limits are raised everybody will raise power for a zero sum game. Wide-area use of unlicensed spectrum is simply a no-go. I fail to see how anybody with any level of understanding of the subject can think that xMax provides any sort of competitive advantage. That's been absolutely clear right from the start. And the FCC report on the BSN250, the specs, and Rich Tehrani's recent visit and report all confirm that the system has short range, low capacity, and sub dial-up speeds. And that's without any significant interferers in the area. But they're able to squeeze more money from Treco???? Is Bohman brain damaged? More \| View thread (4) \| Respond \| Login to Vote up \| Login to Vote down
Sun 09:19	Apples and Oranges	Asymptote	1


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	In the interview, besides ducking important questions like delivery dates, Whitely exaggerated xMax's supposed advantages by comparing it to dissimilar entities: 1. Spectrum costs. He kept on about the price paid for 3G spectrum, but xMax is a 2G service. The spectrum for 2G (GSM, etc) was not expensive - some countries gave it away - and its costs have long been recouped in the 15+ years of business. 2. Base station density. Again, he compared it to 3G/4G operating bands, but xMax operates at the same frequencies as GSM. If you look at the cell towers of one of the GSM operators in Fort Lauderdale, you will see that they use less sites than xMax for the same coverage area. 3. Power. Here he compared the maximum available power of both systems as if they always operate at those levels. GSM only need to use their allotted 40 watts when operating at maximum range (22 miles). At the ranges that xMax can manage, then the power outputs are almost the same. The 1 watt limit of xMax is always going to compromise its performance. The realities of xMax are that it needs more, not less, infrastructure and also its base stations cost about 6 times more than GSM units. More \| View thread (4) \| Respond \| Login to Vote up \| Login to Vote down

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