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XG TECHNOLOGY CLOSES $4 MILLION PRIVATE PLACEMENT FINANCING
Additional Capital Plus Further Cost-Cutting Initiatives Position Company for Continued Near-Term Execution SARASOTA, FL—May 30, 2018 — 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 it completed…
xG Technology Announces Results for the First Quarter of 2018
Revenues Increased 4% while Gross Margins Increased 11% YOY SARASOTA, FL—May 15, 2018 —xG Technology, Inc. (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, announced today its results for the first quarter ended March 31, 2018. Management…
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