Replies to post #3300 on XG Technology, Inc (XGTI)

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NEP UK Places Order for $535,000 for Latest Vislink HEVC 4K-Capable HCAM Wireless Camera Systems with Focal Point Camera Control

PR Newswire PR NewswireOctober 11, 2017
Will be Used at the Winter Olympics in South Korea in February 2018 and at the Commonwealth Games in Australia in August 2018
SARASOTA, Fla., Oct. 11, 2017 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (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 a $535,000 order from NEP UK for the latest Vislink HEVC (High Efficiency Video Coding) 4K-capable HCAM Wireless Camera Systems with Focal Point Camera Control. The systems will be used at the Winter Olympics in South Korea in February 2018 and at The Commonwealth Games in Australia in August 2018.


"This commitment from NEP further solidifies our relationship, and continues to highlight the market confidence in the HCAM with pre-orders now over $2 million. I'm delighted with our progress and how our relationship with NEP continues to grow globally," said James Walton, president of IMT, Ltd. and head of all IMT and Vislink business operations outside of the Americas.
The Vislink HCAM represents the next generation of HEVC 4K UHD wireless transmitters capable of supporting premium live broadcast events, and continues Vislink's tradition of innovative, high-performance wireless camera systems. HCAM permits 4K UHD wireless video with a 70ms latency via Vislink's world- leading RF modulation.