LAS VEGAS, MARCH 14, 2018 - xG Technology, Inc. ("xG") (Nasdaq: XGTI, XGTIW), a leading provider of wireless video solutions for the broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, announces that its IMT Vislink business has been selected to present at the Broadcast Engineering and Information Technology Conference (BEITC) at this year's 2018 NAB Show in Las Vegas. The session, titled "Bringing Studio Workflows to the Field: Leveraging Licensed Broadcast Spectrum Assets," will take place on April 10th from 11:00AM - 11:20AM (PST) in the North Hall Meeting Room (N255).
"While the Internet, IP technology and bonded cellular networks have radically and positively changed the way ENG is performed, too often broadcasters are connecting field and studio via unsecured, at-will broadband infrastructures they do not have control over," says John Payne IV, president of IMT USA. "In our presentation, we will be discussing the shift in video technology toward acceptance, and now the adoption, of IP-based links into ENG workflows. We will also address the importance of preserving the security of the licensed BAS 2GHz frequency band while maximizing its efficiency."
Payne continued, "Our newsnet solution is one of the exciting approaches to meeting this challenge. newsnet can help deliver higher production values, lower operational costs, workflow efficiency through doing more with less, and channel resiliency provided by using BAS-licensed spectrum and the dynamic allocation of bandwidth to the most important transmissions. We have started to implement newsnet within select, prominent broadcast stations, with very encouraging results."
Lowell Beckner, newsnet product manager at IMT Vislink, said, "newsnet was designed for broadcasters seeking to maximize coverage while fully leveraging studio assets to deliver a more immersive experience for their viewers. It takes advantage of newsroom automation systems by tying a live shot into the rundown and letting it dictate the priorities, enabling high-speed file transfers and access to the servers, intercom, prompters and other features."
newsnet incorporates a high-speed and reliable bi-directional IP network that utilizes the exclusive and highly coveted 2 GHz BAS-licensed spectrum, thereby increasing the number of live ENG transmissions and workflows that can be performed from the field. The newsnet system consists of one or more mobile high-speed IP network nodes that easily connects with a base station, typically located at existing ENG receive sites. Each mobile node not only offers high-quality video transmission capability, but also a private and reliable ingress point for other IP-centric edge devices-allowing users to control their own private high-speed IP licensed wireless network and ensuring that their content newsgathering workflows and intellectual property are never at risk.
At NAB 2018 (Booth C6008), IMT Vislink will be showcasing a wide array of solutions alongside the newsnet ecosystem. A variety of wireless camera transmitters will be on display including the MicroLite 2 HD ultra-compact, ultra-low latency wireless video transmitter and the HCAM HEVC 4K UHD Wireless Camera Transmitter.
About xG Technology, Inc.
xG Technology's brands provide wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in challenging environments. xG's brand portfolio includes Integrated Microwave Technologies (IMT), Vislink and xMax.
IMT and Vislink are the leading suppliers of advanced digital microwave systems for capturing, transmitting and managing secure, high-quality, live video. IMT and Vislink are trusted suppliers to tier-1 global customers in the 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 collect and distribute 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.
xMax is 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
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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