INTEGRATED MICROWAVE TECHNOLOGIES (IMT) RECEIVES $500,000 ORDER FOR WIRELESS VIDEO TRANSMISSION MODULES FOR MILITARY ROBOTICS APPLICATION
MOUNT OLIVE, NJ, OCTOBER 13, 2016 – Integrated Microwave Technologies (“IMT”), a business unit of xG Technology, Inc. (“xG”) (Nasdaq: XGTI, XGTIW), and a leader in advanced digital microwave systems serving the law enforcement, broadcast, sports and entertainment markets, announced it has received a $500,000 order from a leading robotic defense contractor for wireless video transmission modules for use in military remote ordnance disposal applications.
One of the key advantages of the IMT solution is the ability to deliver a customized robotic integration that enables high-data rate video links in UGV (Unmanned Ground Vehicle) systems.
“The selection of IMT to supply video transmission technology for this critical application affirms our commitment to meeting demanding defense and law enforcement requirements,” said John Payne IV, president of IMT. “We were able to offer a compelling solution that delivers reliable video across extended ranges, while utilizing a highly compact size, weight and power (SWaP) format designed to operate in the most challenging environments. We are proud that our technology will help keep our warfighters and first responders out of harm’s way as they fulfill their important missions.”
About Integrated Microwave Technologies
Integrated Microwave Technologies (IMT), a business unit of xG Technology, Inc., is a leader in advanced digital microwave systems and a provider of engineering, integration, installation and commissioning services serving the broadcast, sports, entertainment and law enforcement markets. The company comprises the leading microwave brands Nucomm, RF Central and IMT, offering customers worldwide complete video solutions. Nucomm is a premium brand of digital broadcast microwave video systems. RF Central is an innovative brand of compact microwave video equipment for licensed and license-free sports and entertainment applications. IMT is a trusted provider of mission-critical wireless video solutions to state, local and federal police departments.
More information can be found at www.imt-solutions.com.
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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.
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