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(XGT.L) xG Technology Inc Buy/Sell
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(RNS)
2009-09-02 07:01
xG Technology Inc. - Status of Talks; xMax Rural Market Pilot Update |
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RNS Number : 3774Y xG Technology Inc. 02 September 2009 2 September, 2009 Status of Talks; xMax Rural Market Pilot Update xG Technology, Inc. (LSE-AIM: XGT, the "Company"), which has developed an innovative, low-cost, mobile VoIP and data communications system, is pleased to announce that interest in deploying xMax both in the United States and internationally has been received from a number of parties to whom the Company is now talking alongside Townes Tele-Communications, Inc. As announced previously, the xMax rural market pilot has now been expanded. Two base stations are operating in neighbouring towns at the trial site and hand-off is being successfully completed in a vehicle moving at highway speeds. Off a 100 foot high tower, a range of 2.5 miles is being achieved, operating with a power limit of one watt in unlicensed spectrum. Journalists and analysts are invited to visit the xG Pilot so that they can experience xMax in a rural deployment for themselves.
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ABOUT XG TECHNOLOGY Based in Florida, United States, xG Technology, Inc. has developed innovative, patented wireless communications technologies which offer the potential to significantly reduce the required capital investment and operating costs of wireless voice and data communications services. Its mobile VoIP (Voice over Internet Protocol) base station and handset product line - branded as xMax - is intended for use by regional carrier partners which seek 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 and double the call capacity of mobile WiMAX networks. 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 END
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