34 Company Alliance Will Evaluate xMax Cognitive Radio Technology for Delivery of Advanced Security and Monitoring Services

August 10, 2011: xG Technology, Inc. (LSE-AIM: XGTU, "xG" or the "Company"), the developer of a broad portfolio of wireless communications technology, including cognitive radio networks, and the Security Network of America (SNA), which represents 34 independent security companies serving over 647,000 residential and business customers in the United States, is pleased to announce that they have has signed Memorandum of Understanding ("MoU") that will enable SNA will roll out and evaluate xG’s xMax wireless networks in select SNA territories. Collectively, SNA member companies represent the nation’s fourth largest security company.  xMax will provide SNA members with an all-IP, single network solution for alarm monitoring, voice communications, real-time video, and other services.

 

“The SNA is always looking for ways to improve our services and reduce costs for our customers.   Like many other industries, wireless technology is playing an increasing role in our business strategy,” said David Carter, SNA Managing Director.  “xMax offers SNA companies a way to deliver new and affordable wireless broadband-based services including real-time video monitoring, while potentially extending wireless security services to  customers not covered by commercial cellular networks. We look forward to working with xG to further strengthen SNA member businesses.”

SNA partners with leading equipment providers from around the globe.  These partnerships assure customers are afforded not only the latest in security technology, but also the backing of some of the most recognized names in the industry.  SNA continually searches for and tests innovative products and technologies to add to its customer offerings.

“We are excited to be working with the SNA and are proud to be associated with this premier group of independently operated security companies in the United States,” said John Coleman, xG Technology CEO. “The interest demonstrated by SNA clearly illustrates the versatility of our xMax cognitive radio system to provide robust and affordable wireless broadband solutions to additional industries beyond traditional telecommunications markets.”

The SNA agreement is another example of growing interest demonstrated by leading companies who have been exposed to xMax’s capabilities. Increased MoU and purchase order activity from companies in multiple market verticals is being driven by xMax’s ability to demonstrate significant benefits to their customers and businesses.

END

Contacts

xG Technology, Inc.	www.xgtechnology.com
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
Allenby Capital Limited (Nominated Adviser & Broker)	www.allenbycapital.com
Brian Stockbridge	+44 (0) 20 3328 5656
Dan Robinson	+44 (0) 20 3328 5656
First Columbus LLP (Joint Broker)	www.first-columbus.com
Chris Crawford	+44 (0) 20 3002 2073
Fusion PR (Media and Analyst Relations)	+1 212 651 4227
Heather Lukens

 

ABOUT XG TECHNOLOGY

xG Technology is a leading developer of innovative and disruptive communications technologies for wireless networks. Its extensive patented intellectual property portfolio covers a broad 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 revenue-generating 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 Technology offers turnkey xMax network solutions including base stations, mobile switching centres, network management systems, deployment tools, handsets 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 are also being tested and trialed by the US Army at two of its US bases. Based in the USA, xG Technology has over 50 US and more than 100 international patents and pending patent applications. For more information, please visit www.xgtechnology.com.

 

ABOUT SECURITY NETWORK OF AMERICA

The Security Network of America was created over 20 years ago to help a select group of independent security firms compete with the larger national companies. By sharing industry knowledge and financial resources, our members are better equipped to achieve success in the marketplace.

Our organization is made up of elite security companies possessing the same core values: an entrepreneurial spirit, a proven track record in the community, an unmatched level of technological expertise and a strong commitment to customer satisfaction. SNA member companies share business strategies and industry knowledge, and benefit from increased buying power to always be on the cutting edge of technology and security products.

 

With national strength and local responsiveness, no wonder more than half a million homes and businesses trust SNA.