xG Technology Inc. XGT Total Voting Rights

  xG Technology Inc. (XGT) - Total Voting Rights

RNS Number : 9601P
xG Technology Inc.
31 October 2012




                                                               31 October 2012

                                                                             

                             xG Technology, Inc.

                   ("xG","xG Technology" or the "Company")

                                      

                             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  211,437,230 shares  of 
common stock with a nominal value of $0.01 each ("Shares"), each Share  having 
equal voting rights. The Company  holds 80,000 Shares in treasury.  Therefore, 
the total number of Shares with voting rights is 211,357,230. 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.



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   and www.allenbycapital.com 
Broker)
Nick Naylor                                           +44 20 3328 5656       
Mark Connelly                                         +44 20 3328 5656       
                                                                             
First Columbus LLP (Joint Broker)                     www.first-columbus.com 
Chris Crawford                                        +44 20 3002 2073       
                                                                             
Fusion PR (Media and Analyst Relations)
David Worthington                                     +1 212 651 4200
                                                                             
                                                                             





ABOUT XG TECHNOLOGY

xG  Technology  is   a  leading   developer  of   innovative  and   disruptive 
communications technologies for wireless  networks. Its patented  intellectual 
property portfolio  covers  a broad  range  of applications,  including  smart 
wireless networks that can help address the looming global spectrum  shortage. 
The Company is commercializing some of these technologies to create xMax,  the 
World's first  carrier-class  cognitive  (i.e.  smart)  radio  network.xMax's 
standards-based IP architecture minimizes  network deployment, management  and 
operational costs while simplifying the delivery of fixed and mobile services.
Using field-proven technology, xMax enables  the delivery of mobile  broadband 
services in  both licensed  and unlicensed  bands. xMax  enables carriers  and 
other wireless  network  operators to  utilize  and monetize  free  unlicensed 
spectrum to deliver high quality voice  and data services. Based in the  USA, 
xG has over 60 US and more  than 130 international patents and pending  patent 
applications. For more information, please visitwww.xgtechnology.com.





                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


TVRGMMFGMMLGZZM -0- Oct/31/2012 11:10 GMT