xG TECHNOLOGY’S VISLINK BUSINESS RECEIVES ORDERS VALUED AT $250,000 FROM LOCAL TELEVISION STATIONS FOR HIGH-PERFORMANCE DIGITAL MICROWAVE SYSTEMS
SARASOTA, FLORIDA, JUNE 20, 2017 – xG® Technology, Inc. (“xG”) (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 Vislink business has received orders valued at approximately $250,000 from prominent local television stations for high-performance digital microwave systems.
The equipment covered by the orders includes digital microwave transmitter and receiver components and other related hardware, implemented in a comprehensive solution that supports both on-scene and in-studio applications. A key attribute of the Vislink systems is a purpose-built approach designed to meet broadcasters present requirements as well as their future growth plans.
“Our IMT and Vislink brands continue to excel in designing and delivering systems that meet and exceed market requirements in wireless broadcast technologies,” says George Schmitt, Executive Chairman and CEO of xG Technology. “Through their expanding product ranges and commitment to innovations such as 4K ultra high-definition TV, High-Efficiency Video Coding (HEVC) and IP-based newsgathering platforms, they remain leaders in enabling broadcasters to improve efficiencies and build audience engagement.”