IMT VISLINK RECEIVES OVER $400,000 IN ORDERS FOR AIRBORNE VIDEO DOWNLINK EQUIPMENT FROM LAW ENFORCEMENT AGENCIES IN SOUTHERN...
December 21 2018 - 8:45AM
Air to-Anywhere Design Allows Real-time
Video to be Gathered, Distributed and Managed Across all Deployed
Assets
xG Technology, Inc. (“xG” or the “Company”) (Nasdaq: XGTI,
XGTIW), announced that its IMT Vislink business has received orders
valued at over $400,000 for high-definition airborne video downlink
system (“AVDS”) equipment and related services from law enforcement
agencies located in Southern California and Washington State.
The IMT Vislink AVDS includes an integrated
suite of downlink transmitters, receivers and antennas. The system
is purpose-built to capture real-time, reliable high-definition
video from helicopters and other aircraft for display at Emergency
Operation Centers, mobile command units and on smartphones via
cellular and Wi-Fi networks.
“For over 40 years, IMT Vislink has been the
leader in mission-critical video transmission systems,” said John
Payne, President and COO of IMT Vislink. Our AVDS solutions meet
the stringent mission-critical requirements of law enforcement
organizations around the world, enabling timely and accurate
decision making and enhancing the safety of the public and law
enforcement personnel.”
Among the law enforcement functions the IMT
Vislink AVDS supports are search and rescue operations, narcotics
surveillance/interdiction, personnel/cargo transport, inter-agency
pursuit coordination, wildfire suppression, emergency medical
services transport and patrol support.
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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