SARASOTA, Fla., May 4, 2015 /PRNewswire/ -- xG Technology,
Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of
wireless communications and spectrum sharing technologies,
announced today that it has been awarded a new patent covering
enhanced techniques for mitigating interference in wireless
transmissions. The new patent, "Hybrid ARQ system with Snapshot
Feedback Mechanism for Interference Prone Wireless
Networks," outlines a method for faster and more
detailed analysis of data being received, which will help deliver
smoother and more reliable communications in crowded and challenged
RF (radio frequency) environments.
Impairments in wireless channels can cause data corruption and
loss, and adversely impact system throughput. The presence of
interference, both intentionally and non-intentionally generated,
exacerbates this problem and further degrades performance. This is
a growing occurrence in public cellular systems that can be weighed
down (and even become unavailable) when there is a large
concentration of users during a crisis or other event. Because many
first responders and public safety officials rely on the same
public cellular system for their mission-essential duties, there is
a risk that their ability to protect lives and property could be
compromised because of congested cellular airwaves.
xG Technology's xMax mobile, secure, high-speed wireless network
system has been engineered with sophisticated, multi-layered
interference mitigation processes. Using an industry-leading suite
of Dynamic Spectrum Access (DSA) techniques, patented spatial
processing algorithms, and multi-antenna technologies, xMax enables
the delivery of wireless services with exceptional resiliency and
redundancy. This is a critical requirement for public safety,
military and other users who must operate in unpredictable
environments and fluid situations.
George Schmitt, CEO and Board
Chairman of xG Technology, said, "This latest addition to our
patent portfolio is the most recent example of our ability to
expand our body of intellectual property with a focus on improving
the fidelity and performance of wireless communications in critical
industries. We will continue our efforts to make the duties of
those who protect us easier to fulfill by adding more intelligence,
reliability, and efficiency to the wireless systems they rely
upon."
About xG Technology, Inc.
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 50 U.S. and over 120 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
daniel.carpini@xgtechnology.com
(941) 953-9035
Investor and Analyst Relations
James Woodyatt
xG Technology
james.woodyatt@xgtechnology.com
(954) 572-0395
Jody Burfening/Carolyn Capaccio
LHA
ccapaccio@lhai.com
(212) 838-3777
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SOURCE xG Technology, Inc.