Will Lead a Workshop Session on Using HDR (High Dynamic Range)
Imaging to Expand the Fan Experience

NEW YORK, DECEMBER 6, 2018 — xG Technology, Inc.’s (“xG” or the “Company”) (Nasdaq: XGTI, XGTIW), IMT Vislink business will be showcasing its class-leading wireless camera solutions for live sporting events at the 2018 SVG (Sports Video Group) Summit on December 10-11 at the New York Hilton Midtown Hotel. IMT Vislink will be displaying products from its range of high-quality wireless camera transmitters at stand 38, including HCAM 4K, MicroLite 2, IMTDragonFly, and Clip-On 4, which have been engineered for demanding live sporting events and entertainment applications.

In addition to its product display, IMT Vislink will be sponsoring a panel session at the SVG Venue Production Workshop titled The Great Debate: Is HDR the Future of In-Venue Video? This panel will bring together leading firms in in-venue video production to discuss the role that HDR imaging plays in the sports-venue space. The Vislink HCAM 4K ships HDR-ready, ensuring that event operators can support both current and future technologies. David Edwards, IMT Vislink Product Manager, will be a featured participant on the panel.

“IMT Vislink has a history of being at the forefront of 4K wireless camera systems and was the first to provide these solutions to sports broadcasting professionals worldwide,” says Jeff Daubert, field integration manager, IMT Vislink. “Our innovative line of high-performance wireless camera systems provides broadcasters with the ability to go places and do things that were never possible before, both out in the field and covering live broadcast events. SVG is the leading sports production and video technology organization, making it the ideal forum for us to share our technology innovations and interact directly with the user community.”

IMT Vislink’s wireless video technology has been trusted to cover some of the most challenging and high-profile international sporting events for decades, including the World Cup, London Marathon, 24 Hours of Le Mans, America’s Sailing Cup, Volvo Ocean Race, Formula E, professional soccer matches and championship golf tournaments. IMT Vislink has also developed a longstanding relationship with MotoGP, the premier motorcycle racing series in the world. Vislink not only provides onboard systems for MotoGP but is also the official supplier of all RF communications.

Equipment being showcased at SVG will include:

• HCAM, the ultra-low latency HEVC 4K UHD on-camera wireless transmitter
• MicroLite 2, a mid-range, highly portable professional-grade HD system
• IMTDragonFly transmitter, a miniaturized transmitter that can used in drone-based applications as well as an embedded solution for ActionCam body-worn video applications
• Clip-On 4, a wireless camera transmitter designed for use with both HD and SD cameras for electronic newsgathering, television outside broadcasts and studio applications
  

About xG Technology, Inc./IMT/Vislink

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 are recognized for high 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). More info: www.xgtechnology.com.

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 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

The post IMT VISLINK TO SHOWCASE ITS PREMIUM WIRELESS CAMERA SOLUTIONS FOR LIVE SPORTING EVENTS AT THE 2018 SVG SUMMIT appeared first on xG Technology.

RefCam Provides Unprecedented Views of the Action from Michigan-Ohio State and Notre Dame-USC Games Broadcast over ESPN and Fox Sports Networks

Hackettstown, NJ, DECEMBER 12, 2018 — Video transmission technology supplied by xG Technology, Inc.’s (Nasdaq: XGTI, XGTIW) IMT Vislink business powered the Vicareo RefCam™ worn by referees at recent nationally televised NCAA college football games, including Michigan–Ohio State and Notre Dame–University of Southern California (USC) matches. RefCam is a unique sports camera designed to be worn by officials and participants at sporting events. It allows viewers to experience events from entirely new perspectives and points of view during broadcasts. RefCam was successfully launched at the 2016 NHL All-Star Game in Nashville, TN and has been used extensively, including at the NHL Winter Classic and other events where it provided unprecedented angles and footage from the action taking place.

The Notre Dame-USC game was notable for having four RefCam units using split channels for the first time. IMT Vislink-powered RefCams are now being used on a regular basis at a variety of college football matches taking place at different locations across the country. A video featuring excerpts of shots captured by the RefCam at a college football game can be viewed here.

The RefCam units being used at NCAA college football games consist of is an integrated video camera and transmission units integrated into the referees’ caps. The solution includes IMT Vislink’s proprietary miniaturized RF system that features the IMTDragonFly transmitters and diversity receive systems. This solution has been specifically configured to support demanding sports and entertainment applications that absolutely require ultra-compact equipment form factors and reliable, high-quality, long-range performance. Additional RefCam product information and videos can be viewed at this link.

“Today’s audiences want to engage with sporting events in deeper and more exciting ways than before, says Jeff Daubert, field integration manager of IMT Vislink. Our partnership with Vicareo on RefCam allows them to do that. From day one, IMT Vislink has been committed to the fan experience. Our deep history as a video technology innovator gives us an engineering, manufacturing, and market perspectives unmatched by simple off-the-shelf vendors. It is this kind of expertise we bring to specialized solutions like the RefCam project. We look forward to expanding our engagement with Vicareo to give sports audiences new and provocative looks at their favorite teams in action.”

IMT Vislink’s wireless video technology has been trusted to cover some of the most challenging and high-profile international sporting events for decades, including the World Cup, London Marathon, 24 Hours of Le Mans, America’s Sailing Cup, Volvo Ocean Race, Formula E, professional soccer matches and championship golf tournaments. IMT Vislink has also developed a longstanding relationship with MotoGP, the premier motorcycle racing series in the world. Vislink not only provides onboard systems for MotoGP but is also the official supplier of all RF communications. Videos showcasing IMT products in action can be viewed on our YouTube page.

IMT Vislink is committed to empowering our partners with technology. Please contact us if interested in becoming an OEM partner at sales@imt-solutions.com or 908-852-3700. 

About xG Technology, Inc./IMT/Vislink

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 are recognized for high 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). More info: www.xgtechnology.com.

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

The post IMT Vislink Video Technology Powers Vicareo RefCam™ at Nationally Televised NCAA College Football Games appeared first on xG Technology.

Air-to-Anywhere Design Allows Real-time Video to be Gathered, Distributed and Managed
Across all Deployed Assets 

SARASOTA, FL—December 21, 2018 — 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

The post IMT VISLINK RECEIVES OVER $400,000 IN ORDERS FOR AIRBORNE VIDEO DOWNLINK EQUIPMENT FROM LAW ENFORCEMENT AGENCIES IN SOUTHERN CALIFORNIA AND WASHINGTON STATE appeared first on xG Technology.

SARASOTA, FL—January 7, 2019 — xG Technology, Inc. (“xG” or the “Company”) (Nasdaq: XGTI, XGTIW), whose brands are recognized as the global leaders in live video communications, today announced that its IMT Vislink business has been awarded a $900,000 order to supply airborne video downlink solutions for use by the U.S. Air Force. The contract calls for the supply of transmit and receive systems, ground-based units designed to display real-time video imagery taken by aerial assets, related component and accessories, and training services.

This is a follow-on order to one previously announced on May 23, 2018, and similar to an order IMT Vislink received from the U.S. Army that was announced on November 20, 2017.

“IMT Vislink remains a trusted partner to our armed forces, owing to our reliable, high-performance, rapidly deployable video communications systems,” said John Payne, President and COO of IMT Vislink. “Our ability to provide solutions that meet stringent requirements and can support the most demanding applications and deployment scenarios, underscores our leadership in customizable, mission-critical video technology.” 

About xG Technology, Inc./IMT/Vislink

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 are recognized for high 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). More info: www.xgtechnology.com.

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

The post IMT VISLINK RECEIVES $900,000 CONTRACT TO SUPPLY AIRBORNE VIDEO DOWNLINK, TRANSMIT AND RECEIVE SYSTEMS FOR USE BY THE U.S. AIR FORCE appeared first on xG Technology.

IMT Vislink’s wireless camera transmitters give sports broadcasters the ability to provide viewers with an immersive experience and bring fans closer to the action, even at the most demanding sports events. SVG, the Sports Video Group —the preeminent association serving sports television professionals — recently sat down with Jeff Daubert, IMT Vislink Sports and Entertainment Sales Manager. They discussed Jeff’s 20+ years of expertise in the sports industry in both professional sales and field engineering. Jeff also shared his thoughts on where he sees the industry — and IMT Vislink’s place in it — is headed in the future.

Read more…

The post Blog Post: IMT Vislink’s Jeff Daubert Interviewed by Sports Video Group on the Evolution and Future of the Sports Industry appeared first on xG Technology.

As one of the leading global vendors of satellite communications services to clients in broadcast & media, law enforcement, public safety and defense, IMT Vislink was recently invited by Satnews Magazine to provide our view on the current state of the SATCOM industry—where we are now, the key trends driving the industry, and what is in store for 2019. Satnews is a leading publisher of satellite news, events, publications, research and other satellite industry information in both commercial and military enterprises worldwide. That story, contributed by IMT Vislink Product Manager David Edwards, appears below, and can also be read in its original PDF format at this link.

Read the full post…

The post Blog Post: IMT Vislink Talks SATCOM: 2018 Review, 2019 Outlook appeared first on xG Technology.

IMTDragonFly transmitters and diversity receive systems powered Vicareo RefCam™ units that were worn by referees at the Alabama-Clemson matchup of the 2019 College Football Playoff National Championship on January 6^th. RefCams were affixed to four referees’ hats, providing a similar camera view as the refs’ own line of sight. The cameras were worn by the line judge, field judge, side judge, and back judge. The CFP National Championship game, broadcast by ESPN, took place at Levi’s Stadium in Santa Clara, CA.

Read the full post…

The post Blog Post: IMTDragonFly Powers Vicareo RefCams at 2019 College Football Playoff National Championship appeared first on xG Technology.

SARASOTA, FL— January 22, 2019 — xG Technology, Inc. (“xG” or the “Company”) (Nasdaq: XGTI, XGTIW), whose brands are recognized as the global leaders in live video communications, today announced preliminary estimated revenue results for the fourth quarter ended December 31, 2018.

xG anticipates overall revenue for the quarter to reach approximately $10.9 million. Gross margins for the quarter are forecast to be in the historical range reported by the Company of approximately 50%, and the Company expects to end the year with approximately $2.1 million cash on hand.

“We are pleased to report these preliminary revenue results, which is in keeping with our efforts since Q2 2018,” said Roger Branton, CEO and co-founder of xG Technology. “In the second quarter of 2018, we implemented decisive measures to strengthen the financial position of the company and enable profitable and stable revenue growth. Our initial goal was cost-justifying all aspects of our business. We accomplished that goal by the end of Q3 with our announcement that we realized over $8 million in labor and non-labor annual savings. Having successfully addressed our expenses and supplier issues, we are better positioned to enable topline improvements and focus on growing the business.”

Mr. Branton continued, “As we enter 2019, our primary objective is to build on the sales momentum we attained in Q4 2018, while maintaining our focus on positive cash flow and profitability to underpin our revenue base. We look forward to sharing additional details when we announce our full results.”

xG has not finalized its financial statements for 2018. As a result, the information in this release is preliminary and based upon the information available to xG as of the date of this release. During the course of finalizing its financial results, items may be identified that would require the Company to make adjustments, which could be material, and result in changes to these preliminary results. As a result, the preliminary selected financial information above is forward-looking information and subject to risks and uncertainties, including possible adjustments to the preliminary unaudited financial information. 

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 are recognized for high 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.

Headquartered 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). More info: www.xgtechnology.com.

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Note on Forward-looking Statements 

This press release may contain projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements in this press release include, but are not limited to, our expectations regarding our revenue, including the impact of price protection charges, gross margin and operating expenses for the fourth quarter of 2018; our preliminary business outlook for 2019; and anticipated reductions in operating expenses for 2018 as compared to 2017.  These statements involve risks and uncertainties, and actual events or results may differ materially. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are the risk that our reduction in operating expenses may impact our ability to meet our business objectives and achieve our revenue targets and may not result in the expected improvement in our profitability, the fact that our future growth depends in part on further penetrating our addressable market and also growing internationally, and we may not be successful in doing so; our dependence on sales of certain products to generate a significant portion of our revenue; the effect of a decrease in the sales or change in sales mix of these products would harm our business; the risks that an economic downturn or economic uncertainty in our key U.S. and international markets may adversely affect demand for our products; difficulty in accurately predicting our future customer demand; the importance of maintaining the value and reputation of our brand; and other factors detailed in the Risk Factors section of our Registration Statement on Form S-1, as amended (No. 333-225975), which is on file with the Securities and Exchange Commission. Additional information will also be set forth in our Annual Report on Form 10-K for the year ended December 31, 2018. These forward-looking statements speak only as of the date hereof or as of the date otherwise stated herein. xG disclaims any obligation to update 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

The post xG Technology Announces Preliminary Estimated Revenue Results for the Fourth Quarter of 2018 appeared first on xG Technology.

IMT Vislink is pleased to announce that Lowell Beckner has been appointed Regional Sales Manager, Broadcast, for the Southeast Region. He will be based in the region and his territory will exclusively include broadcast industry clients located in North Carolina, South Carolina, Georgia, Florida, Tennessee, Mississippi, Alabama, Arkansas and Louisiana. Lowell is a specialist in IMT Vislink’s market-leading broadcast solutions that include  electronic news gathering, wireless camera systems, portable microwave, and spectrum repack/ATSC 3.0-ready fixed point-to-point systems.

Read the full post…

The post Blog Post: IMT Vislink Appoints Lowell Beckner to Regional Sales Manager, Broadcast for the Southeast Region appeared first on xG Technology.

Proceeds to be Used for Additional Working Capital Purposes

SARASOTA, FL—December 4, 2018 — xG Technology, Inc. (“xG” or the “Company”) (Nasdaq: XGTI, XGTIW), whose IMT and Vislink brands are recognized as the global leaders in live video communications in the broadcast, law enforcement and defense markets, today announced that it closed on a $2 million tranche of $3.5 million debt financing in principal amount of 10% Senior Secured Convertible Debentures to institutional investors. The Debentures were issued pursuant to a Securities Purchase Agreement dated December 3, 2018. The proceeds will be used for additional working capital purposes.

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 are recognized for high 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. This press release is issued pursuant to Rule 135c under the Securities Act and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state.

# # # 

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

The post xG TECHNOLOGY CLOSES ON DEBT FINANCING appeared first on xG Technology.