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IMT Vislink Receives $2.3 Million Contract To Supply Professional US Sports Association With Live Video Transmission SystemsSARASOTA, Fla., June 19, 2018 /PRNewswire/ -- 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 its IMT Vislink business has been awarded a $2.3 million contract to supply live video transmission equipment to a major professional US sports association. The order includes the supply of HD transmitters and multi-channel receive systems installed in arenas and configured to capture and distribute live images of in-game action. James Walton, president of IMT, Ltd, said, "We are pleased to have been chosen to supply our equipment to this association. Our systems have been designed from the ground up to deliver reliable, high-quality video that meets the stringent broadcasting requirements for live televised sporting events." For decades, IMT Vislink wireless video technology has been trusted to cover some of the most challenging and high-profile international sporting events, including the World Cup, London Marathon, 24 Hours of Le Mans, America's Cup Sailing, Formula E, World Wingsuit League, 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. In addition to providing onboard systems for MotoGP, Vislink is also the official supplier of all RF communications. 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 providesecure 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. xG is also the developer of xMax, a secure, rapid-deploy mobile broadband system that delivers mission-assured wireless connectivity in demanding operating environments. xMax was specifically designed to serve as an expeditionary and critical communications network for use in unpredictable scenarios and during fluid situations. This makes it a compelling solution for disaster response, emergency communications, and defense applications. More information about xMax can be found at http://www.xgtechnology.com/system-overview/. In addition to the above business lines, xG has a dedicated Federal Sector Group (xG Federal) focused on providing next-generation spectrum sharing solutions to national defense, scientific research and other federal organizations. Additional information about xG Federal can be found at http://www.xgtechnology.com/technology/xg-federal/. Based in Sarasota, Florida, xG Technology has over 100 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 For More Information xG Technology: Investor Relations:
View original content with multimedia:http://www.prnewswire.com/news-releases/imt-vislink-receives-2-3-million-contract-to-supply-professional-us-sports-association-with-live-video-transmission-systems-300668175.html SOURCE xG Technology, Inc. |