SARASOTA, Fla., Oct. 3, 2016 /PRNewswire/ -- xG Technology,
Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of
robust and resilient wireless communications and spectrum sharing
technologies, announced that, together with partner Southwest
Research Institute® ("SwRI®"), it has received a $3.0M award issued by the Defense Information
Systems Agency for Prototype Spectrum Sharing Systems for the
2025-2110 MHz Band.
xG will perform a significant portion of the project, and the
award represents a significant milestone in the application of xG's
highly unique core technology to Government efforts to permit
spectrum sharing between certain government and commercial
applications. Government initiatives in spectrum sharing have been
identified by xG as a key strategic focus.
John Coleman, President of xG's
Federal Business Unit, said, "xG's unique knowledge and expertise
in the arenas of spectrum sharing and interference mitigation,
together with the Electronic News Gathering (ENG) market leadership
of our business unit IMT, make us exceptionally well-positioned to
deliver innovation and value in this effort as part of the
Southwest Research Institute team. xG believes it can make
important contributions to more efficient use of America's valuable
spectrum through spectrum sharing technologies."
In January 2015, the U.S.
government concluded an auction of the 1755-1780 MHz Federal use
radio frequency spectrum to Advanced Wireless Services
licensees. As part of the auction, some DOD systems are
relocating operations into the 2025-2110 MHz region of the
spectrum, where they will share that spectrum with ENG operations.
The overall objective of this Initiative is to develop a prototype
architecture and associated set of concept of operations (CONOPS)
and Use Case (UC) materials for a dynamic spectrum sharing system
for DOD operations transitioning into the 2025-2110 MHz band and
incumbent ENG services. This prototype architecture and
documentation will be used to accelerate development of the
production sharing system under the DISA transition plan. It is
expected that radios operating in this band in the future will
adopt the innovative technologies and systems developed under the
transition plan to optimize spectrum sharing and co-use.
About xG Technology, Inc.
Founded in 2002, xG Technology has created a broad portfolio of
intellectual property that enables always-available,
always-connected and always-secure voice, broadband data and video
communications. The company is the developer of xMax, a patented
all-IP software-defined cognitive radio network that delivers
mission-assured wireless connectivity in any RF environment. xMax
provides a solution to the challenges of interoperability,
survivability and flexibility in expeditionary and critical
communications networks. xMax can be deployed as fixed or mobile
infrastructure to enhance and integrate seamlessly with legacy
communications systems, both private and commercial. Access and
priority can be controlled, and in the event of congestion, failure
or denial of access to commercial networks, xMax provides a fully
secure, scalable, private and highly resilient network for
essential communications – all at zero bandwidth cost.
xMax 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 in unpredictable environments
and during fluid situations. xG offers solutions for numerous
industries worldwide, including military, emergency response and
public safety, telemedicine, urban and rural wireless broadband,
utilities, and critical infrastructure.
xG's Integrated Microwave Technologies (IMT) business unit
further supports xG's military and public safety customers with its
mission-critical wireless video solutions. IMT is a leader in
advanced digital microwave systems and a provider of engineering,
integration, installation and commissioning services serving the
MAG (Military, Aerospace & Government), broadcast, and sports
& entertainment markets. IMT's product lines include
digital broadcast microwave video systems and compact microwave
video equipment for licensed and license-free applications. More
information on IMT can be found at www.imt-solutions.com.
Based in Sarasota, Florida, xG
has over 100 patents and pending patent applications. xG is a
publicly traded company listed on the NASDAQ Capital Market
(symbol: XGTI) For more information, please visit
www.xgtechnology.com
About Southwest Research Institute (SwRI)
Southwest Research Institute (SwRI), headquartered in
San Antonio, Texas, is one of the
oldest and largest independent, nonprofit, applied research and
development organizations in the United
States. SwRI's technical divisions offer a wide range of
technical expertise and services in such areas as chemistry, space
science, nondestructive evaluation, automation, engine design,
mechanical engineering, electronics and more. The Institute
occupies more than 1,200 acres and provides more than 2 million
square feet of laboratories, test facilities, workshops and
offices. In 2015, SwRI sponsored more than $7.2 million in internal research to develop
innovative technologies that ultimately benefit clients.
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
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SOURCE xG Technology, Inc.