Total Voting Rights
xG, the developer of a portfolio of wireless communications technologies, including cognitive radio networks, announces that the Company’s issued share capital at the date of this announcement consists of 210,575,954 shares of common stock with a nominal value of $0.01 each, each Share having equal voting rights. the Company holds 40,000 Shares in treasury. Consequently, the total number of Shares with voting rights is 210,535,954. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
xG Innovation is a developer of innovative and disruptive communications technologies for wireless networks. its patented intellectual property portfolio covers a 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 during simplifying the delivery of profitable fixed and mobile services. using field-proven cognitive radio innovation, xMax enables the delivery of these 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 as well offers in a class by itself capabilities to enterprises, utilities, government agencies and others who require advanced wireless communications to support business operations and mission critical applications.
xG offers turnkey xMax network solutions including base stations, mobile switching centres, network management systems, deployment tools, end-user equipment and customer support.
xG has deployed a 32 square mile xMax network in Fort Lauderdale, Florida to showcase its cognitive radio, mobile VoIP (Voice over Internet Protocol) and dynamic interference mitigation capabilities. the Company’s xMax products have been successfully tested and trialled by the US Army at two of its US bases. Based in the USA, xG has over 60 US and more than 130 international patents and pending patent applications. for more information, please visit .
