XG Tech Share Discussion Threads

[andrbea] 20/3/2012 08:00

rns

...... who have subscribed 400,000 new shares of $0.01 each in the common stock of the Company ("Shares") at $1.00 per Share, which represents a substantial premium to the current market price.

[andrbea] 31/1/2012 07:28

Sarasota, Florida-30 January, 2012-xG, the developer of a portfolio of wireless communications technologies, including cognitive radio networks, is pleased to announce that it has received an up to $1,072,000 12-month sales order from CSATNET,a Virginia-based provider of satellite and terrestrial communications systems for mission critical applications.

[andrbea] 04/1/2012 17:14

xgtu 8%

04/01/2012 16:39:37 XGTU 0.60 O 4,000
04/01/2012 16:35:28 XGTU 0.65 UT 4,000
04/01/2012 15:51:23 XGTU 0.70 O 4,000
04/01/2012 15:00:21 XGTU 0.60 UT 2,449
04/01/2012 11:00:24 XGTU 0.60 UT 12,551

[andrbea] 22/12/2011 14:25

dec 22





xG TECHNOLOGY, INC. SIGNS TEAMING AGREEMENT WITH MILITARY
AND FEDERAL GOVERNMENT PROVIDER FORCE 3, INC.

xMax Cognitive Radio Solutions to be Included
in Upcoming US Army Contract Proposal



Sarasota, Florida-December 22, 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 signed a Teaming Agreement (the "Agreement") with Force 3, Inc. ("Force 3"), a Crofton, Maryland -based technology integrator and solutions provider.

xG has been selected by Force 3 to be a named strategic partner in the proposal Force 3 will submit under the ITES-3H (Information Technology Enterprise Solutions-3 Hardware) contract awards process. The Army will issue its RFP (Request for Proposal) in February 2012, and the award will be announced in the summer of 2012.

If Force 3 is awarded the US Army ITES-3H contract, xG's xMax cognitive radio solutions and services will be used to fulfill the cellular wireless component of the award. The xMax cognitive radio solution was deployed earlier this year in six-month field trials conducted by the US Army, as well as by technicians in the Army Research laboratory.

"We are excited to partner with innovative companies like xG Technology that have developed and deployed cutting-edge systems that answer global mobile communications needs," said Mike Greaney, Vice President of Sales for Force 3. "Their xMax cognitive radio networking system offers a compelling solution to the challenge faced by the military of ensuring robust, reliable communications that support all phases of military operations."

The ITES-3H contract will serve as a vehicle for the purchase of xMax cognitive radio equipment by military branches, as well as Federal agencies. The key technical aspect of the Agreement with Force 3 outlines the use of xMax cognitive radio access network (C-RAN) solutions to offer a cellular wireless component that extends the Cisco VoIP core and IP enterprise infrastructure, while adding extra wireless capacity to military and federal networks. This capability is made possible by the ability of xMax to operate over freely available unlicensed frequencies without the need to acquire and purchase costly additional wireless spectrum.

In addition to providing xG prospective customers with a streamlined procurement path for obtaining its products, the Agreement will give xG the opportunity to benefit from joint marketing activities with Force 3, as well as access to other Force 3 strategic value chain partners.

As the primary vehicle for the Army's Program Executive Office-Enterprise Information Systems to purchase state-of-the-art commercial server, storage, networking equipment and related products on a worldwide basis, the ITES-3H will consist of multiple catalogs for commercial IT products.

"We are proud to partner with strong, established organizations like Force 3. Teaming arrangements such as this one, with companies that are focused on the delivery of products and services through a comprehensive, global value chain, are consistent with our go-to-market strategy for growing the sale and distribution of xMax equipment into additional vertical markets," said John Coleman, Chief Executive Officer of xG Technology.

If chosen to fulfill the award by the Department of the Army, Force 3 will serve as the prime contractor and xG would enter into a formal subcontractor agreement with Force 3 to supply and deliver xMax products and services in fulfillment of the contact.

Force 3 has a proven history with the Department of Defense, having provided it with products, services and support to nearly 150 locations around the world since 1991. Force 3 is a Cisco Gold Partner, VMware Premier Partner, and Velocity Advantage and Authorized Services Network Partner for EMC Corporation.

[andrbea] 22/12/2011 14:23

December 20, 2011


xG Technology, Inc.

("xG", "xG Technology" or the "Company")


Expert patent valuation report


xG, the developer of a portfolio of wireless communications technologies, including cognitive radio networks, is pleased to announce that the Company has received an expert patent valuation report prepared by AccuVal Associates, Incorporated ("AccuVal").


AccuVal reported on a number of customary patent and business valuation methodologies. AccuVal concluded that, as of November (Stuttgart: A0Z24E - news) 15, 2011, the fair market value from exploitation of xG's United States patent portfolio (the valuation did not value patents filed in foreign jurisdictions) was $350m.

[looky] 22/12/2011 12:13

market cap just over $100m and they have sold a license for a small part of Florida for $15m excluding military which solves the cash burn issue.

There must be significant upside from here as i thought the military applications were the near term revenue drivers

[andrbea] 22/12/2011 08:20

nice fat fee agreed (today's rns)

looking for some upside from this low share price
and it can move fast (low free float)

xG, the developer of a portfolio of wireless communications technologies, including cognitive radio networks, is pleased to announce that the Company has entered into an agreement (the "Market Agreement") with Care21 Limited ("Care21") granting exclusivity for the deployment of xMax, the Company's wireless cognitive cellular network system, in the Broward and Miami-Dade Counties of Florida, United States (the "Territory"). The Market Agreement, which Care21 is signing on behalf of an international investor group led by Markus Losada, the founder of Care21, is for a term of five years and provides for payment of a market exclusivity fee of a total of $15 million (the "Fee").

[looky] 19/12/2011 22:32

Great posts - thanks

[andrbea] 16/12/2011 13:38

Despite the questions and criticisms of xG Technology, the military has opted to conduct its own tests of the cognitive-radio solution that avoids interference by assessing the radio-frequency environment in a given location every 33 milliseconds and utilizing airwaves that are available. And the xMax system tested at Fort Bliss was "exceptionally impressive," according to Mike McCarthy, director of operations for the Mission Command Complex at the Brigade Modernization Command at Fort Bliss.

RELATED: Military official: xG Technology system a 'potential game changer

Some of the key advantages of the xG Technology solution is that it inherently avoids interference from jamming and - by automatically operating on available spectrum-does not require a lot of preplanned spectrum coordination by platoons on the move.

McCarthy said the military plans to conduct further tests in the spring to "push that system as far as we can push it." The results of these tests should be of interest to many, not just those in the military. If the xMax system proves that it can provide reliable communications over unlicensed spectrum, the utility of unlicensed bands and prospects for wireless communications operating in the TV white spaces could be transformed in the near future.

[andrbea] 16/12/2011 13:37

xG has announced in a press release that it has received a sales order from PC3 Solutions, Inc., 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.

[andrbea] 16/12/2011 13:36

Recap: xG Presentation at Software Defined Radio Conference
December 13th, 2011
xG was represented by Rick Rotondo at SDR '11 – WinnComm (The Wireless Innovation Forum Conference on Communications Technologies and Software Defined Radio) in Washington, DC last week. Rick took part in a three-person panel discussion about the commercial potential of TV White Spaces. The session was well-attended and well-received.

The panel was moderated by noted wireless industry analyst Craig Mathias of Farpoint Technologies. Craig also added a post to his Nearpoints blog about the event. He made specific reference to the importance of employing cognitive radio technologies in conjunction with geolocation databases in White Spaces.

Craig prepared a white paper last year entitled Redefining Cellular Infrastructure:Cognitive Radio and Unlicensed Spectrum in which he stated that the availability of carrier-class cellular capabilities based on cognitive radio technology like xG's xMax "changes the mobile communications game to a remarkable degree."

[andrbea] 22/11/2011 08:55

XG TECHNOLOGY'S xMAX NOMINATED FOR TECHNOLOGY OF THE YEAR
BY THE WIRELESS INNOVATION FORUM

xMax Cognitive Radio Access Network (C-RAN) System Selected as Finalist
in 2011 Achievement Awards

Sarasota, Florida-27 October, 2011-xG® Technology, Inc. ("xG" or the "Company"), the developer of a broad portfolio of wireless communications technologies, including cognitive radio networks, is pleased to announce that it has been nominated for Technology of the Year by the Wireless Innovation Forum ("the Forum"). xG's xMax cognitive radio access network system was selected as a finalist in the Forum's Annual Achievement Awards.

[andrbea] 22/11/2011 08:54

xG will be participating at SDR '11 – WinnComm (The Wireless Innovation Forum Conference on Communications Technologies and Software Defined Radio). The event will take place Nov. 29-Dec. 2, 2011 at the Hyatt Regency Crystal City (Reagan National Airport) in Washington, DC.

xG's Rick Rotondo will be taking part in a panel session entitled "TV White Spaces Commercial Opportunities." He will be discussing how advanced cognitive radio network technologies like xMax can help unlock the commercial potential of the newly-freed up white space frequencies. This panel session will take place Thursday, Dec. 1 at 1:30PM.

[andrbea] 08/11/2011 08:07

Tks for that GoodGrief

'significant upside' sounds good

[goodgrief] 08/11/2011 08:05

In-depth broker note from First Colombus

[andrbea] 02/11/2011 08:50

yep, geat article!

xgtu gone blue

In the spring, the military plans to expand its tests to include several hundred different phones in a limited geographic area, McCarthy said.

"I'm going to push that system as far as we can push it, because I want to know the limitations," he said. "We're doing the same for all of the systems that we're looking at, but this system - if it proves out during our evaluation - is a potential game changer, in terms of how we can use smartphones on the battlefield."

McCarthy said he considers the xG Technology system and other solutions being tested by the military to be "complementary" to the military's own development of advanced communications that leverage cognitive radio and other information-assurance techniques. It is possible that the U.S. Army could make decision on at least some of these technologies soon, so the solutions could be used by soldiers on battlefields as early as next year, he said.

"Instead of being years away on that, I think we're closer to months away to having a viable solution," McCarthy said.

[looky] 01/11/2011 16:00

This shows the XG potential

[andrbea] 31/10/2011 08:31

PC3 Communications, a San Ramon, California-based emergency communication and disaster response developer, has placed a $55,000 sales order with xG Technology (News - Alert) for a variety of xMax networking equipment, including a mobile switching center, xMax wireless access points and xMod mobile data end-user devices.

[andrbea] 04/10/2011 11:14

Monday 3rd October 2011, 2:39am
COMPANY NEWS
● XG Technology also announces tomorrow. The Aim-listed company develops a broad portfolio of intellectual property, designed to enhance wired and wireless communications.

[andrbea] 26/9/2011 13:30

Weightless isn't the only contender vying to fill the white spaces. The strict out-of-band restrictions imposed by the FCC make white space unsuitable for LTE (Long Term Evolution, the 4G standard which is selling itself as ideal for every radio application at the moment) but Xg Technology is pushing into the space with a credible protocol, and there are other contenders waiting in the wings.