Will Leverage Vislink Technology to Deliver Impressive New
and Improved Efficiencies and Services to Rail
Operations
HEMEL HEMPSTEAD, England, Sept. 15, 2017 /PRNewswire/
-- Vislink, an xG Technology, Inc. company (Nasdaq: XGTI,
XGTIW), and a leading provider of wireless video solutions to
broadcast, law enforcement and defense markets, announced that it
has entered into an agreement with Panasonic System Solutions
Europe ("Panasonic") to collaborate on projects to bring Vislink's
proven video communications technology to the rail industry. This
technology has the potential to deliver unprecedented capabilities
and enhancements to rail operations.
Vislink's decades-long experience in the design and delivery of
reliable, high-quality video transmission systems built to perform
in demanding environments brings unique and compelling benefits to
the rail industry. Vislink solutions are perfectly suited for
situations that involve high-speed vehicles, the effects of shock
and vibration and challenging RF (radio frequency) conditions,
which are all typical in rail operations.
James Walton, President of IMT
Ltd., and head of IMT and Vislink operations outside of the
Americas, said, "We are pleased to embark on this exciting
partnership with Panasonic to introduce our technology to the rail
market, where it has the opportunity to significantly improve
efficiency of operations, leading to new and better services,
enhanced reliability and improved passenger safety. We have a
successful history of working with the team at Panasonic, combining
our wireless systems with their broadcast video products for use at
many events and installations around the world. By formalizing this
partnership, it brings our technical and commercial teams even
closer together. We are confident that this will allow both
companies to leverage their respective strengths to work on shared
projects that have the potential to positively impact new
markets."
The collaboration with Panasonic leverages Vislink's proven
proficiency in onboard wireless technologies that it has developed
for use in demanding, real-time sports broadcasting, as well as
their pedigree as a trusted provider of mission-critical video
solutions for law enforcement, defense and public safety
applications.
For its part, Vislink's collaboration with Panasonic follows its
strategy of partnering with tier-one technology providers to
jointly identify and pursue business opportunities in targeted
vertical markets. In joining forces with Panasonic, Vislink has
aligned itself with a leading provider of technology solutions and
a major player in the European transportation sector.
Tony O'Brien, Managing Director
of Panasonic System Solutions Europe, said, "We have a stated aim
of providing the connected technology solutions for a safer, more
efficient rail industry. We needed to find the right technology
partner to help us in this challenging environment and in Vislink
we have found it. Together, we can solve long standing challenges
that the industry faces, such as the ability to offer latency-free
surveillance across the rail network. By combining Panasonic's
innovative surveillance technology with Vislink's wireless
technology this is now a step closer."
About xG Technology, Inc. and Vislink
xG Technology's brands provide wireless video solutions to
broadcast, law enforcement and defense markets, and private mobile
broadband networks for use in challenging environments. xG's brand
portfolio includes Integrated Microwave Technologies (IMT),
Vislink, and xMax. Based in Sarasota,
Florida, xG Technology has over 100 patents and pending
patent applications. xG is a publicly traded company listed on the
NASDAQ Capital Market (symbol: XGTI) For more information, please
visit www.xgtechnology.com.
Vislink specializes in the wireless capture, delivery and
management of secure, high-quality, live video, and serves
broadcast & media and public safety & surveillance markets.
More information about Vislink can be found at
http://www.vislink.com/.
About Panasonic System Solutions Europe
Panasonic System Solutions Europe (PSSEU), a division of
Panasonic Marketing Europe, was founded in April 2016 and develops world class solutions for
larger customers offering a single point of contact and
accountability. These solutions involve Panasonic hardware,
software, connectivity capability and third party products,
delivered with world class engineering and project management and
services. Industries in focus are energy, transportation and
logistics.
FOR MORE INFORMATION
xG Technology, Inc.:
Daniel
Carpini
+1 941 953 9035
daniel.carpini@xgtechnology.com
Panasonic System Solutions Europe:
Michael Pullan
+44 (0) 1344 853856
michael.pullan@eu.panasonic.com
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