xG Technology is a relatively small company. How could it come up with a technology that major manufacturers have not been able to develop?
A. Existing cellular companies are understandably committed to supporting legacy technologies that they have spent many years and billions of dollars to bring to market. Unencumbered by the limitations of having to support legacy systems, xG has been able to start fresh and take advantage of newer technologies and solutions. The Company sought the most advanced approaches to solving the specific problem of delivering voice and data services in unlicensed spectrum, and developed its technology from the ground up as an Internet-based, all-digital system. xG also had the benefit of $100 million in financing provided by visionary backers and the support of technology partners in Europe and Asia. By leveraging IP-based networking technology, using off-the-shelf server equipment, open source software standards and cutting edge DSP devices, xG was able to build a very cost effective platform that reduced much of the engineering to a software development effort. Q.