SARASOTA, Fla., Nov. 6, 2017 /PRNewswire/ -- xG Technology,
Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a leading
provider of wireless video solutions to broadcast, law enforcement
and defense markets, and private mobile broadband networks for
critical communications, announced that its IMT Vislink business
has received a $343,000 order from a
leading robotic defense contractor for wireless video transmission
modules for use in military remote ordnance disposal
applications.
IMT Vislink video transmission products provide enhanced
situational-awareness capabilities in mission-critical environments
such as covert surveillance, tactical-systems monitoring and
strategic detection.
Among the products included in the solution are IMT Vislink
VSRx receivers and VSTx transmitters. The VSRx is
a ruggedized dual-diversity COFDM receiver offering exceptional RF
performance combined with high ease of operation. The VSTx
is an ultra-compact COFDM video/audio/data transmitter that
transmits images in a line of site environment for more than 200
meters. The VSRx and VSTX feature AES decryption capabilities,
making them ideal for public security monitoring, covert
surveillance, and other secure transmission applications.
"We are pleased to have been chosen to supply video transmission
technology for this critical application," said John Payne IV, president of IMT USA. "The solution builds on our proven
ability to develop and deliver extremely compact solutions that are
characterized by ruggedness, high reliability, outstanding video
quality, and exceptional range in challenging conditions. These
features enable us to meet and exceed the stringent requirements of
defense, security and law enforcement markets."
About xG Technology, Inc.
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.
IMT has pioneered advanced digital microwave systems and is a
trusted supplier to broadcast, sports and entertainment, and MAG
(Military, Aerospace & Government) markets. Their products are
recognized for their high level of performance, reliability, build
quality, extended operating ranges and compact form factors. More
information about IMT can be found at www.imt-solutions.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/.
xMax is a secure, rapid-deploy mobile broadband system that
delivers mission-assured wireless connectivity in demanding
operating environments. It was designed to serve as an
expeditionary and critical communications network for use in
unpredictable scenarios and during fluid situations, making it
ideal for disaster response, emergency communications, and defense
applications. More information about xMax can be found at
http://www.xgtechnology.com/system-overview/. In addition to the
above business lines, xG has a dedicated Federal Sector Group (xG
Federal) focused on providing next-generation spectrum sharing
solutions to national defense, scientific research and other
federal organizations. Additional information about xG Federal can
be found at http://www.xgtechnology.com/technology/xg-federal/.
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.
Cautionary Statement Regarding Forward Looking
Statements
Statements contained herein that are not based
upon current or historical fact are forward-looking in nature and
constitute forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements reflect the
Company's expectations about its future operating results,
performance and opportunities that involve substantial risks and
uncertainties. These statements include but are not limited to
statements regarding the intended terms of the offering, closing of
the offering and use of any proceeds from the offering. When used
herein, the words "anticipate," "believe," "estimate," "upcoming,"
"plan," "target", "intend" and "expect" and similar expressions, as
they relate to xG Technology, Inc., its subsidiaries, or its
management, are intended to identify such forward-looking
statements. These forward-looking statements are based on
information currently available to the Company and are subject to a
number of risks, uncertainties, and other factors that could cause
the Company's actual results, performance, prospects, and
opportunities to differ materially from those expressed in, or
implied by, these forward-looking statements.
FOR MORE INFORMATION
xG Technology:
Daniel
Carpini
941-953-9035
daniel.carpini@xgtechnology.com
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SOURCE xG Technology, Inc.