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XG TECHNOLOGY ANNOUNCES RETIREMENT OF CEO AND EXECUTIVE CHAIRMAN GEORGE SCHMITT; BOARD APPOINTS GARY CUCCIO AS EXECUTIVE CHAIRMAN AND INTERIM CEO

23rd April 2018

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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xG Technology Reports 2017 Full Year Financial Results

02nd April 2018

2017 GAAP Revenues Increased to $47.8 million Compared to $6.6 million in 2016 SARASOTA, FL—April 2, 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 its results for the…

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