XG Technology, Inc (XGTI)

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xG Technology's IMT Business Unit Deploys RefCam Integrated Sports Camera/Transmitter at Canadian Hockey League Memorial Cup Tournament

HD Video Transmitter Captured Unprecedented On-Ice Footage During the Games; Will be Featured in Future Professional Hockey Matches in the US and Canada

https://finance.yahoo.com/news/xg-technologys-imt-business-unit-110000964.html

SARASOTA, Fla., June 1, 2016 /PRNewswire/ -- Integrated Microwave Technologies (IMT), an xG Technology business unit and the leader in advanced digital microwave systems serving the broadcast, sports, entertainment and law enforcement markets, announces that its RefCam HD-I ("RefCam") integrated sports camera and transmitter was featured as an integral part of the Canadian Hockey League's Memorial Cup broadcast. The RefCam HD-I is a COFDM (Coded Orthogonal Frequency Division Multiplexing), HD video transmitter with an integrated high definition camera that captured unprecedented footage from the referee's point-of-view—bringing fans an entirely new way to experience the sport.

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The Memorial Cup tournament, which concluded this past weekend, was broadcast across Canada on Sportsnet, a multichannel brand property of Canadian media giant Rogers. The games were also broadcast on the NHL Network in the U.S.

The RefCam was previously used at the 2016 NHL All-Star Game in Nashville, TN, allowing viewers to see on-ice shots of their favorite players. IMT also showcased the RefCam at the NAB (National Association of Broadcasters) 2016 Show last month in Las Vegas, NV. It is expected to be used in future high-profile professional hockey games and tournaments.

"The RefCam HD-I transmitter brings viewers closer to the action at live sporting events than ever before and we are excited to have it being used extensively throughout the Memorial Cup broadcast," says John Payne IV, President of IMT. "It allows fans to experience the event from an entirely new perspective. With the Memorial Cup, IMT gains a superb platform to showcase the capabilities of our technology to the broadcast world."

George Schmitt, CEO and Board Chairman of xG Technology, said, "The announcement of the deployment of the RefCam product is another example of the innovations IMT is bringing to the markets they serve, in this case the sports and entertainment sector. It will serve to strengthen the strong presence they already have among leading sports leagues and teams."

"We could not be more excited for the RefCam HD-I to be involved with the broadcast of the Memorial Cup," said Chris Stramacchia, Founder of iSee, IMT's integration partner for the RefCam. "The RefCam HD-I delivers incredible live shots of the faceoff and live-action goal shots. As the games progressed, the league gained confidence in the reliability and superb image quality and has used the live feed repeatedly."

The RefCam HD-I was specifically created to be worn with or integrated into a sports helmet in a small, low-power consumption form factor. Featuring a sleek, contoured design, the RefCam HD-I is unobtrusive to the wearer as well as players. With an easy to clip on battery module, users have over one hour of continuous runtime and can easily switch out batteries in between play.

Additional RefCam product information can be viewed at http://www.imt-broadcast.com/refcam-transmitter-hd-i.

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 is the developer of xMax, 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). These and other technologies make xMax ideal for wide area, as well as rapid emergency communication deployment in unpredictable environments and during fluid situations. xG offers solutions for numerous industries worldwide, including military, emergency response and public safety, telemedicine, urban and rural wireless broadband, utilities, and critical infrastructure.

xG's Integrated Microwave Technologies (IMT) business unit 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:

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xG Technology
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xG Technology
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