xG, the developer of a portfolio of wireless communications
technologies, including cognitive radio networks, announces
that the Company's issued share capital at the date of this
announcement consists of 210,575,954 shares of common stock
with a nominal value of $0.01 each ("Shares"), each Share
having equal voting rights. The Company holds 40,000 Shares
in treasury. Therefore, the total number of Shares with
voting rights is 210,535,954. This figure may be used by
shareholders in the Company as the denominator for the
calculations by which they will determine if they are
required to notify their interest in, or a change to their
interest in, the share capital of the Company.
END
Contacts
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
Nick Naylor
+44 20 3328 5656
Mark Connelly
+44 20 3328 5656
Chris Crawford
+44 20 3002 2073
Fusion PR (Media and Analyst Relations)
Heather Lukens
+1 212 651 4227
ABOUT XG TECHNOLOGY
xG Technology is a developer of innovative and disruptive
communications technologies for wireless networks. Its
patented intellectual property portfolio covers a 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 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 offers turnkey xMax network solutions including base
stations, mobile switching centres, network management
systems, deployment tools, end-user equipment 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 have been successfully tested and
trialled by the US Army at two of its US bases. Based in
the USA, xG has over 60 US and more than 130 international
patents and pending patent applications. For more
information, please visit .
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