xG Technology, Inc. (NASDAQ: XGTI) (NASDAQ: XGTIW) said it has entered into a funded product testing agreement with Autonomous University of Nuevo Leon in Monterey, Mexico.
The university is being commissioned by a major Mexican corporation to evaluate the company´s xMax network system for a set of potential use cases identified by the corporation. It is anticipated that the evaluation will be completed within 180 days.
xMax operates in unlicensed spectrum that is widely available across the Americas, making it ideal for local, regional and international deployments.
xG Technology has created a broad portfolio of intellectual property that makes wireless networks more intelligent, accessible, affordable and reliable. Based in Sarasota, Florida, xG has 60 US and over 130 international patents and pending patent applications, and its technology is available for licensing in both domestic and foreign markets. For more information, visit www.xgtechnology.com.