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Cornet Technology, Inc. Enters into Agreement to Resell xMax Mobile Broadband Equipment



Cornet Technology, Inc. Enters into Agreement to Resell xMax Mobile Broadband
                                  Equipment

PR Newswire

SARASOTA, Fla., Jan. 15, 2013

SARASOTA, Fla., Jan. 15, 2013 /PRNewswire/ -- xG® Technology, Inc. ("xG" or
the "Company") (AIM: XGTU.L, XGT.L), the developer of a portfolio of wireless
communications technologies, including cognitive radio networks, is pleased to
announce that Cornet Technology, Inc. ("CTI" or "Cornet Technology") has
entered into an agreement with the Company to resell $5,000,000 worth of xMax
mobile broadband equipment over the three year term of the agreement, subject
to placing purchase orders.

Under the terms of the agreement, CTI is granted non-exclusive rights to sell
xG's products to United States Government and Department of Defense (DoD)
customers. CTI has also been granted exclusive rights to resell xMax equipment
when sold as part of an end-to-end two-way video streaming solution for
vehicles that is currently under development.

Cornet Technology has 23 years of engineering experience in delivering data,
video, and voice products and solutions to a wide range of commercial and
government clients. The firm designs, engineers and manufactures advanced
Command, Control, Communications, Computer, Intelligence, Surveillance, and
Reconnaissance (C4ISR) solutions targeted at U.S. and international defense
and aerospace agencies and prime contractors to the US government.

"Robust and reliable mobile broadband communications form the backbone of many
of the advanced applications that our customers demand," said Nat Kumar, CEO
of Cornet Technology. "xG has the products and technology that meet the high
level performance and flexibility we need to deliver our next-generation
offerings. We look forward to working closely with xG to integrate xMax
technology into our product set, particularly our streaming video solutions."

CTI's customer base of Government, Department of Defense, Department of
Homeland Security and other customers, directly complements other xG resellers
whose market focus includes rural telcos, public safety, education, utilities,
local government, gaming and casinos, hospitality, transportation and
logistics, manufacturing and healthcare.     

"Cornet Technology has an exemplary reputation for creating tailored solutions
that combine cutting edge with proven technologies. We are proud to be working
with them to deliver security and mobile communications infrastructure to some
of our nation's largest and most vigilant agencies," said John Coleman, Chief
Executive Officer of xG Technology. "xMax goes beyond traditional radio
technologies by using its built-in cognitive capabilities to offer a robust
data and voice solution for real-time applications. We look forward to
delivering solutions that meet the exacting requirements of the markets and
customers that Cornet Technology serves."

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 global wireless spectrum crisis
through advanced technology. xG is commercializing some of these technologies
to create xMax, the world's first carrier-class cognitive (i.e. smart) radio
network. The Company's technology provides ways to significantly increase the
efficient use of spectrum, allowing network operators to offload existing
voice or data traffic, reduce dropped calls, and enhance network capacity for
their customers. xMax's standards-based IP architecture minimizes network
deployment, management and operational costs while simplifying the delivery of
high quality fixed and mobile voice and data services. xMax can enhance and
extend any wireless network, and provides an economical last mile solution for
hard to reach customers and devices. Using field-proven technology, xMax
enables the delivery of mobile broadband services to consumers, agencies and
enterprises worldwide in both licensed and free unlicensed bands. Based in the
USA, xG has over 60 US and more than 140 international patents and pending
patent applications. xG's intellectual property is available for licensing in
domestic and international markets. For more information, please visit
www.xgtechnology.com.

PRESS CONTACT

David Worthington, Fusion PR
212.651.4200
david.worthington@fusionpr.com

ABOUT CORNET

Cornet Technology, Inc. is a leading secure/non-secure communications
equipment supplier to the defense industry in the United States and overseas.
Its solutions deliver voice, video, and data communications and video
surveillance and distribution solutions to some of the world's most exacting
users. Headquartered in Northern Virginia, CTI has wholly owned subsidiaries
in Germany, Japan, and India. All CTI products are manufactured in the U.S. at
its 9001:2008 registered facility in Springfield, Virginia. Information on
CTI's products and services is available at the CTI website www.cornet.com.

SOURCE xG Technology, Inc.

Website: http://www.xgtechnology.com
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