Boston, MA 04/08/2014 (wallstreetpr) – XG Technology Inc. (NASDAQ:XGTI) a developer of wireless communication and spectrum sharing technologies has been awarded a cognitive radio patent, to be used in enabling high performance spectrum sharing. The rising demand for high bandwidth wireless services continues to drive the need for cognitive radios with high sharing capabilities.
New Technology to Drive Revenue Growth
The new technology allows base stations the ease of coordinating for measurement of spectrum usage as well as making it easy to determine optimum channels to be used for communications. The patent will protect XG Technology’s ability to deliver high performance cognitive radio systems. The technology should also be efficient in operating at highly challenging and crowded frequencies.
The approval of the patent attests XG Technology Inc. (NASDAQ:XGTI)’s position as a leader in the innovation and development of cognitive radio platforms. The latest patent adds to the company’s expansive portfolio that includes 60 U.S patent matters (49 issued) and 64 issued international patent matters.
XG Technology made tremendous progress in the rolling out of xMax Cognitive radio access in 2013 that has been a success in enabling high performance spectrum sharing. The company reiterated in its fourth quarter financial results plans to develop consistent revenue streams this year. This should make it possible for the company to enjoy rapid growth and significant market adoption.
XMax Solution Capabilities
XG Technology Inc. (NASDAQ:XGTI) is currently completing its transition to volume contract manufacturing to fulfill a backlog orders as well as new orders. The company has already invested heavily in sales and customer service teams, as a way of offering value added services to clients. XG Technology is strategically positioned to capitalize on policy and market support for the growing sharing spectrum.
XG Technology Inc. (NASDAQ:XGTI)’s xMax, is a mobile broadband solution designed to offer rapid deployment as well as guaranteeing low operating costs. The solution offers a carrier grade user experience that can serve as a network backbone for a number of applications. XMax enables XG Technology to deliver capability updates through software roll out compared to hardware upgrades or replacements that is common with competitive solutions.
