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January 16, 2013

xG Technology Receives New Purchase Commitments Worth $6M for xMax

xG Technology Inc., a developer of a broad portfolio of wireless communications technologies including cognitive radio networks, has just received new purchase commitments for $6 million from several established wireless solutions providers for its xMax cognitive radio networking equipment.

The wireless solutions providers include PMC Associates (based in New Jersey), Communications Marketing Southeast (based in Georgia) and Mobile-One Communications (based in, Florida). These  companies are a part of the xG ecosystem of industry participants in multiple vertical markets to whom xG Technology will be providing its xMax solutions.

"These purchase orders bring the total announced backlog of orders for xMax equipment and services to over $14.5 million and highlight the growing appeal of xG's technology in different business sectors," xG Technology officials said in a statement. "While the previous orders were received from firms focused on the rural telecom and homeland security markets, the Providers placing the new purchase commitments provide wireless communications to a variety of sectors."

The orders total a minimum of $6 million for xMSC mobile switching centers as well as xMax cognitive radio networking equipment, including xMax wireless access points and xMod personal hotspots which support existing smartphones, tablets and laptops.

Philip Casciano, president of PMC Associates, said that his organization has seen a growing market need for highly reliable mobile broadband networking that can work in license-free spectrum bands. He added that xMax finally enables it to meet this pent-up demand and deliver a real high-performance, high-value solution to our customers.

The delivery is expected to commence in the second quarter of 2013.

In related news, recently MobilityTechzone reported that Cornet Technology had also signed a contract with xG to resell $5 million worth of xMax’s mobile broadband equipment.

Edited by Jamie Epstein

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