X-TEL is incorporated as a privately held subchapter S corporation in the state of Illinois by its Co-Founders. Total invested: $1,002.00 USD. The company Bootstraps R&D funding for drive-test development by providing RF engineering consulting services.
Consulting services in year one consist of:
X-TEL is the first company to deploy high-speed spectrum scanning along with the leading Nokia IS-136 Phone. Product is used by top wireless operators for their analog to digital rollout in the United States and Latin America. The original host controller unit (HCU) platform, used as the core of this system for X-TEL products, is not retired until the mid-2000's. The product proved to be the most cost effective field test system ever used by wireless carriers for drive testing and optimization during its tenure, as it only required new expansion modules for each new digital technology rollout.
X-TEL's host controller unit (HCU) rapidly becomes one of the best buys for wireless test and measurement. The modular and scalable host controller unit does not become obsolete until the mid-2000's. This establishes X-TEL as the first and only drive test vendor at the time with flexibility and scalability in one platform.
Combined in the same platform is full functionality for indoor collection with true dead-reckoning navigation atop digitized floor plans.
The advantages of the Host Controller System at the time:
X-TEL continues to grow throughout North America and in key emerging international markets. Revenues accelerate due to wider market acceptance while EBIT grows even faster. Much of this is due to the low cost of supporting, maintaining, and upgrading X-TEL's HCU platform. In November of 1999, X-TEL's chief competitor at the time Comarco Wireless Technologies announces the release of its new XK-25. "XK" rumored to stand for "X-TEL Killer," designed by engineers for engineers according to Comarco Wireless. Fortunately X-TEL lived on. The company and its host controller platform remained resilient for several more years. It would not be until the mid-2000's before smartphone technology displaced X-TEL's host controller unit concept.
X-TEL opens one of the first offshore software development centers in Costa Rica. Begins recruiting campaign for RF engineers, software developers and marketing personnel. Locates its development center near the University of Costa Rica and the Costa Rica Technology Institute and heavily recruits from these two universities.
The company begins accelerating its international expansion into Asia, Europe and Latin America.
X-TEL becomes one of the first vendors to deploy true Mean Opinion Scoring based on the PESQ ITU standard. The product is named XQi for X-TEL Quality Index.
Key advantages to X-TEL's approach at the time:
X-TEL retains the investment advisory firm of Duff & Phelps to begin exploring M&A options.
X-TEL receives acquisition offers from two separate industry leaders. Term sheet negotiations result in offers in line with original valuation. Both transactions never close. Failure to close is unrelated to X-TEL. The first company is purchased by X-TEL's competitor. The second encounters problems with the SEC for accounting irregularities.
X-TEL discontinues M&A activities to refocus its energies on 3G wireless development and deployments.
X-TEL launches DataVault service. Complete cloud control for remote monitoring, data storage and automated management reports.
X-TEL continues to develop its cloud storage and smartphone collection strategy.
X-TEL launches consumer security product JTREK. JTREK is the first and only personal security product of its kind operating as a smartphone App. It combines the cloud, social media, and smartphone video cameras into an evidence gathering social media panic alert system.
JTrek Commercial (2008)
Financial crisis hits, wireless rollout of LTE is slower than expected. X-TEL management makes decision to gradually wind down support for its drive test products due to the slow LTE rollout and for personal reasons. X-TEL’s intellectual property and 3rd-party ICD licensing is never divested.
X-TEL closes its development operations in Costa Rica.
Co-Founders retire X-TEL from drive-test and walk-test products. Pursue other business outside of wireless.
A group of enterprising engineers approach X-TEL with the desire to purchase X-TEL’s intellectual property and 3rd-party licensing. An agreement is reached between parties, but the developers are unable to raise the capital for the initial down payment. Many months pass. X-TEL management steps in and offers to help market the new product. A new agreement is negotiated and an OEM arrangement is established. This results in the new Xpedite Android. Xpedite Android is launched in December 2013.
X-TEL preparing for the launch of Nemesis. Seeking new partners to put its intellectual property and 3rd party licenses to work in testing wireless and evolving IoT/IoE applications.