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xG TECHNOLOGY CLOSES ON DEBT FINANCING

04th December 2018

Proceeds to be Used for Additional Working Capital Purposes SARASOTA, FL—December 4, 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 closed on a $2…

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