SARASOTA, Fla., Aug. 27, 2018 /PRNewswire/ -- xG
Technology, Inc. ("xG" or the "Company" (Nasdaq: XGTI, XGTIW),
whose brands are recognized as the global leaders in live video
communications in the broadcast, law enforcement and defense
markets, announced that its Vislink business has supplied a
comprehensive suite of wireless video transmission equipment as
Official Radio Frequency Broadcast Equipment Supplier to the Volvo
Ocean Race event.
Vislink wireless broadcast video equipment was selected to
ensure that high-quality footage of racing yachts taken from
cameras on chase boats and helicopters would be transmitted without
degradation back to shore live, as it happened, for viewing on
giant video walls at the Race Village as well as on international
TV broadcasts.
Vislink's extensive experience in transmitting video across
large distances, in all weather, and in challenging conditions
during racing, sports and broadcast events was critical.
"As the world's leading provider of end-to-end live video
communications solutions, we are proud to have partnered with the
Volvo Ocean Race as an Official Supplier," said David Robins, Global Sales Director for IMT
Vislink. "This prestigious event is considered one of the most
extreme sporting venues in the world. It was an outstanding
opportunity to showcase our expertise in live broadcast technology
and in delivering exceptional performance and reliability, even in
the most demanding and unpredictable environments."
Round-the-world yacht racing is one of the most grueling
sporting challenges, and the Volvo Ocean Race is considered the
ultimate one of its kind—circumnavigating the globe over a course
covering 45,000 nautical miles, facing waves of over 40m and extreme temperature ranges from -5 to
40°C. During the event, teams on 22m-length yachts crossed four oceans over 9
months, competing in 11 legs between a dozen host city ports, and
finishing up in The Hague,
Netherlands.
Vislink's Case Study discussing the challenges involved
in covering the event, and the solutions that Vislink implemented
to overcome them, can be read at this link.
The video Vislink Broadcast Technology at the Volvo Ocean
Race can be viewed at this link.
About xG Technology, Inc.
xG Technology's IMT and Vislink brands are recognized as the
global leaders in live video communications and are trusted
suppliers to tier-1 customers in broadcast/sports/entertainment,
and law enforcement/public safety/defense markets. Their products
have been engineered to deliver elevated levels of performance,
reliability, build quality, extended operating ranges and compact
form factors. In the broadcast, sports and entertainment sectors,
IMT and Vislink provide high-definition communication links to
reliably capture, transmit and manage live event footage. In the
law enforcement, public safety & defense markets, IMT and
Vislink provide secure video communications and mission-critical
solutions to local, national and international agencies and
organizations. More information can be found at
www.imt-solutions.com and www.vislink.com.
Based in Sarasota, Florida, xG
Technology has over 80 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
Investor Relations:
John
Marco
CORE IR
516-222-2560
johnm@coreir.com
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SOURCE xG Technology, Inc.