RNS Number : 1650C
xG Technology Inc.
28 August 2008
FOR IMMEDIATE RELEASE 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. +44 20-7367-8888
Richard Mooers, Chairman and Chief Executive Officer www.xgtechnology.com
Roger Branton, Chief Operating Officer and Chief
Financial Officer
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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