$XGTI: - NEWS just released: xG Technology IMT Bu
Post# of 22755
Posted On: 07/21/2016 2:05:02 PM
$XGTI: - NEWS just released:
xG Technology IMT Business Unit's 58microLite HD Mini Kit System Makes a Splash With WebCast-TV
2:00 PM ET 7/21/16 | PR Newswire
xG Technology business unit Integrated Microwave Technologies (IMT), the leader in advanced digital microwave systems serving the broadcast, sports, entertainment and law enforcement markets, had its 58microLite HD Mini Kit, a highly portable, professional grade wireless camera transmission link, take to the water during a live stream by WebCast-TV.com at the 57th Masters Waterski and Wakeboard Tournament. The tournament is an annual event known throughout the world as one of the most prestigious water sports competitions.
https://photos.prnewswire.com/prnvar/20160721/391952
The 58microLite HD Mini Kit--a complete solution including transmitter, receiver, antennas and cables housed in a soft case--is capable of providing high-quality video at distances over one-mile line-of-sight. It will also be used at the U.S. Open of Water Skiing that will take place in Florida this fall.
George Schmitt, CEO and Board Chairman of xG Technology, said, "The success of IMT's 58microLite HD Mini Kit at this tournament highlights our ability to deliver a product that meets the market's need to capture professional-grade video over long ranges in a highly portable form factor. The microLite's size and performance makes it ideal for live sports, newsgathering, reality-based programs, and any other type of live event coverage."
"The 57th Masters Waterski and Wakeboard Tournament was three days of using the equipment nonstop and it went perfectly," said Tom Grey, CEO of WebCast-TV. "When it wasn't being used in the boat, we used it for getting interviews and wandering around the site to get other shots. We were able to walk all around the boat and behind solid objects, and the microLite worked flawlessly. We had multiple people at the Masters ask us what we were using," says Grey. "Everyone just thought it was an amazing product. There was a lot of interest in it and we plan to get another one soon."
WebCast-TV was created in 2005 by Tom Grey, who came from a video photography and web design background, and is primarily involved in the water sports industry. The company specializes in live streaming video that allows customers to view content of their events online on any device around the world, in real-time. They needed a new professional-grade HD wireless video solution, since the WebCast-TV camera crew jumps from boat to shore quickly, capturing the skiing from every angle, as well as capturing interviews with the athletes before and after they compete. A compact and portable solution was a must. Mobility is very important for live video production and the water sports industry in particular.
"The best thing for us was that we attached the microLite transmitter on top of the camera and it was so compact and lightweight," says Grey. "Before the microLite, we had an older system with separate parts: cables, transmitter and antennas. All of that had to be attached to the boat separately from the camera, taking up time we didn't have. For us, having the portability of the microLite on the camera was a really big improvement from what we had before and saved us a lot of time."
"We had used another system for many years but it was bulky and expensive to replace," says Grey. "However, while looking for new equipment we found that most of them were either designed for larger professional cameras and too expensive, or non-professional and just unreliable. We wanted something small and lightweight that was designed for small- to medium-sized cameras. I came across the 58microLite Mini Kit and knew it was the right fit for us, and perfect for our application. When we tested it, we were blown away with how easy it was to set up. It did all the work for us and is much more affordable."
About xG Technology, Inc.
Founded in 2002, xG Technology has created a broad portfolio of intellectual property that enables always-available, always-connected and always-secure voice, broadband data and video communications. The company's technology portfolio includes solutions marketed under xG's xMax brand as well as under the brands of its business unit Integrated Microwave Technologies (IMT).
xMax is a patented all-IP software-defined cognitive radio network that delivers mission-assured wireless connectivity in any RF environment. xMax provides a solution to the challenges of interoperability, survivability and flexibility in expeditionary and critical communications networks. xMax can be deployed as fixed or mobile infrastructure to enhance and integrate seamlessly with legacy communications systems, both private and commercial. Access and priority can be controlled, and in the event of congestion, failure or denial of access to commercial networks, xMax provides a fully secure, scalable, private and highly resilient network for essential communications - all at zero bandwidth cost.
xMax incorporates advanced optimizing technologies that include spectrum sharing, interference mitigation, multiple-input multiple-output (MIMO) and software defined radio (SDR). xMax offers key benefits for numerous industries worldwide, including military, emergency response and public safety, telemedicine, urban and rural wireless broadband, utilities, and critical infrastructure.
IMT further supports xG's military and public safety customers with its mission-critical wireless video solutions. IMT is a leader in advanced digital microwave systems and a provider of engineering, integration, installation and commissioning services serving the MAG (Military, Aerospace & Government), broadcast, and sports & entertainment markets. IMT's product lines include digital broadcast microwave video systems and compact microwave video equipment for licensed and license-free applications. More information on IMT can be found at www.imt-solutions.com.
Based in Sarasota, Florida, xG 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.
For More Information:
Media RelationsDaniel CarpinixG Technologydaniel.carpini@xgtechnology.com(941) 953-9035
Investor and Analyst RelationsJames Woodyatt xG Technologyjames.woodyatt@xgtechnology.com (954) 572-0395
Photo - http://photos.prnewswire.com/prnh/20160721/391952
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/xg-technology-imt-business-units-58microlite-hd-mini-kit-system-makes-a-splash-with-webcast-tv-300302303.html
SOURCE xG Technology, Inc.
xG Technology IMT Business Unit's 58microLite HD Mini Kit System Makes a Splash With WebCast-TV
2:00 PM ET 7/21/16 | PR Newswire
xG Technology business unit Integrated Microwave Technologies (IMT), the leader in advanced digital microwave systems serving the broadcast, sports, entertainment and law enforcement markets, had its 58microLite HD Mini Kit, a highly portable, professional grade wireless camera transmission link, take to the water during a live stream by WebCast-TV.com at the 57th Masters Waterski and Wakeboard Tournament. The tournament is an annual event known throughout the world as one of the most prestigious water sports competitions.
https://photos.prnewswire.com/prnvar/20160721/391952
The 58microLite HD Mini Kit--a complete solution including transmitter, receiver, antennas and cables housed in a soft case--is capable of providing high-quality video at distances over one-mile line-of-sight. It will also be used at the U.S. Open of Water Skiing that will take place in Florida this fall.
George Schmitt, CEO and Board Chairman of xG Technology, said, "The success of IMT's 58microLite HD Mini Kit at this tournament highlights our ability to deliver a product that meets the market's need to capture professional-grade video over long ranges in a highly portable form factor. The microLite's size and performance makes it ideal for live sports, newsgathering, reality-based programs, and any other type of live event coverage."
"The 57th Masters Waterski and Wakeboard Tournament was three days of using the equipment nonstop and it went perfectly," said Tom Grey, CEO of WebCast-TV. "When it wasn't being used in the boat, we used it for getting interviews and wandering around the site to get other shots. We were able to walk all around the boat and behind solid objects, and the microLite worked flawlessly. We had multiple people at the Masters ask us what we were using," says Grey. "Everyone just thought it was an amazing product. There was a lot of interest in it and we plan to get another one soon."
WebCast-TV was created in 2005 by Tom Grey, who came from a video photography and web design background, and is primarily involved in the water sports industry. The company specializes in live streaming video that allows customers to view content of their events online on any device around the world, in real-time. They needed a new professional-grade HD wireless video solution, since the WebCast-TV camera crew jumps from boat to shore quickly, capturing the skiing from every angle, as well as capturing interviews with the athletes before and after they compete. A compact and portable solution was a must. Mobility is very important for live video production and the water sports industry in particular.
"The best thing for us was that we attached the microLite transmitter on top of the camera and it was so compact and lightweight," says Grey. "Before the microLite, we had an older system with separate parts: cables, transmitter and antennas. All of that had to be attached to the boat separately from the camera, taking up time we didn't have. For us, having the portability of the microLite on the camera was a really big improvement from what we had before and saved us a lot of time."
"We had used another system for many years but it was bulky and expensive to replace," says Grey. "However, while looking for new equipment we found that most of them were either designed for larger professional cameras and too expensive, or non-professional and just unreliable. We wanted something small and lightweight that was designed for small- to medium-sized cameras. I came across the 58microLite Mini Kit and knew it was the right fit for us, and perfect for our application. When we tested it, we were blown away with how easy it was to set up. It did all the work for us and is much more affordable."
About xG Technology, Inc.
Founded in 2002, xG Technology has created a broad portfolio of intellectual property that enables always-available, always-connected and always-secure voice, broadband data and video communications. The company's technology portfolio includes solutions marketed under xG's xMax brand as well as under the brands of its business unit Integrated Microwave Technologies (IMT).
xMax is a patented all-IP software-defined cognitive radio network that delivers mission-assured wireless connectivity in any RF environment. xMax provides a solution to the challenges of interoperability, survivability and flexibility in expeditionary and critical communications networks. xMax can be deployed as fixed or mobile infrastructure to enhance and integrate seamlessly with legacy communications systems, both private and commercial. Access and priority can be controlled, and in the event of congestion, failure or denial of access to commercial networks, xMax provides a fully secure, scalable, private and highly resilient network for essential communications - all at zero bandwidth cost.
xMax incorporates advanced optimizing technologies that include spectrum sharing, interference mitigation, multiple-input multiple-output (MIMO) and software defined radio (SDR). xMax offers key benefits for numerous industries worldwide, including military, emergency response and public safety, telemedicine, urban and rural wireless broadband, utilities, and critical infrastructure.
IMT further supports xG's military and public safety customers with its mission-critical wireless video solutions. IMT is a leader in advanced digital microwave systems and a provider of engineering, integration, installation and commissioning services serving the MAG (Military, Aerospace & Government), broadcast, and sports & entertainment markets. IMT's product lines include digital broadcast microwave video systems and compact microwave video equipment for licensed and license-free applications. More information on IMT can be found at www.imt-solutions.com.
Based in Sarasota, Florida, xG 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.
For More Information:
Media RelationsDaniel CarpinixG Technologydaniel.carpini@xgtechnology.com(941) 953-9035
Investor and Analyst RelationsJames Woodyatt xG Technologyjames.woodyatt@xgtechnology.com (954) 572-0395
Photo - http://photos.prnewswire.com/prnh/20160721/391952
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/xg-technology-imt-business-units-58microlite-hd-mini-kit-system-makes-a-splash-with-webcast-tv-300302303.html
SOURCE xG Technology, Inc.
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