xG Technology Announces New Cognitive Radio System Software Now Shipping

SARASOTA, Fla., Oct. 15, 2014 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of wireless communications and spectrum sharing technologies, has announced that a substantially upgraded version of the new xMax cognitive radio system software product, release 2.6, is now available for delivery. Release 2.6 provides an advanced set of performance features and capabilities that enable higher throughput, stronger security, longer range, and enhanced management tools. The software will be included with xMax product shipments in fulfillment of existing orders, as well as in new deployments.

Release 2.6 leverages xG Technology's patented software-defined radio (SDR) platform to rapidly deliver its upgraded capabilities and features as an over-the-air software update to its customers' networks. This is in marked contrast to upgrades delivered on non-SDR systems, which can entail a full refresh of installed hardware and considerable deployment costs.

Release 2.6 represents a significant upgrade to the core xMax system and incorporates numerous functional enhancements, including the following:

• Increased user throughput of up to 20Mb/s resulting from a new dual radio strategy that leverages both the 900 MHz and 2.4 GHz spectrum bands;
• RADIUS authentication to enable greater system security;
• Next-generation Self-Organizing Network (SON) innovations that drive greater interference mitigation and reduce RF planning and network engineering costs;
• Improved network management, with emphasis on authentication, error logging, location display maps, and performance monitoring delivered through an improved, intuitive GUI interface.

The xMax CN3200 Dual Band Routing Modem (which received FCC certification as previously announced on Oct. 1, 2014), takes full advantage of Release 2.6's capabilities.

According to John Coleman, CEO of xG Technology, this new release is noteworthy for the rich feature set of capabilities it delivers, in addition to the innovative SDR-based delivery method used to distribute and deploy it. "The availability of these extended capabilities and enhancements will drive new solutions in a number of customer areas. Rural telcos will be able to meet performance requirements for cost recovery as well as opening up non-regulated revenue opportunities for them. Meanwhile, sectors like emergency management, utilities and other critical infrastructure, and municipal and other government agencies will benefit from the augmented mix of throughput and mobility."

Mr. Coleman continued, "Rolling out this new product as a simple, over-the-air software update underscores the fundamental benefit and advantage of our software-defined radio platform over other solutions. By removing the need for a hardware refresh, which is usually required in the case of major releases such as this, xG is able to eliminate the extensive costs typically incurred in new hardware distribution and installation, like truck rolls and component replacement. Moreover, this allows xG to significantly extend the product end-of-life of its own xMax hardware products, and drive new and improved revenue streams."  

About xG Technology

xG Technology has created a broad portfolio of intellectual property that makes wireless networks more intelligent, accessible, affordable and reliable. The company has created xMax, a patented all-IP cognitive radio technology that enables robust mobile broadband communications for private, consumer and government networks. xMax can solve the crisis facing the wireless industry caused by data-hungry devices and applications that are straining network capacity. It eliminates the need to acquire scarce and expensive licensed spectrum, thus lowering the total cost of ownership for wireless broadband access. xG's goal is to help wireless broadband networks deliver voice, video and data services to fixed and mobile users. The xMax cognitive radio system incorporates advanced optimizing technologies that include spectrum sharing, interference mitigation, multiple-input multiple-output (MIMO) and software defined radio (SDR). These and other technologies make xMax ideal for wide area, as well as rapid emergency communication deployment. xG offers solutions for numerous industries worldwide, including urban and rural wireless broadband, utilities, defense, emergency response and public safety.

Based in Sarasota, Florida, xG has 60 U.S. and over 130 international patents and pending patent applications. xG is a publicly traded company listed on the NASDAQ Capital Market where xG common stock is traded under the symbol XGTI and xG warrants are traded under the symbol XGTIW. For more information, please visit www.xgtechnology.com.

Cautionary Statement Regarding Forward Looking Statements

Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties.  These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words "anticipate," "believe," "estimate," "upcoming," "plan," "target", "intend" and "expect" and similar expressions, as they relate to xG Technology, Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.

For More Information:

Media Relations
Daniel Carpini
xG Technology
[email protected]
(941) 953-9035

Investor and Analyst Relations
James Woodyatt
xG Technology
[email protected]
(954) 572-0395

Jody Burfening/Carolyn Capaccio
LHA
[email protected]
(212) 838-3777

SOURCE xG Technology, Inc.

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