Corporate News
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xG TECHNOLOGY ISSUES LETTER TO SHAREHOLDERS AND PROVIDES CORPORATE UPDATE
SARASOTA, FL—May 2, 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 the release of the following letter to shareholders from Executive Chairman and CEO, Gary Cuccio….
XG TECHNOLOGY ANNOUNCES RETIREMENT OF CEO AND EXECUTIVE CHAIRMAN GEORGE SCHMITT; BOARD APPOINTS GARY CUCCIO AS EXECUTIVE CHAIRMAN AND INTERIM CEO
SARASOTA, FL—April 23, 2018 — 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 today that George Schmitt has elected to retire from his roles as CEO and Executive Chairman, effective…
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