XG Technology, Inc. (NASDAQ: XGTI), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, today announced that its Vislink business has received orders worth approximately $1 million for its HCAM High Efficiency Video Coding (HEVC) 4K Wireless Camera Systems. The Vislink HCAM was originally unveiled at NAB 2017 in April, when it was hailed as the next generation of HEVC 4K UHD wireless transmitters. The latest orders, which are to be deployed in China, are part of global preorders exceeding $2.5 million for Vislink’s latest wireless camera technology. “This HCAM pre-order further emphasises market confidence in Vislink leading the development of next generation wireless camera systems,” James Walton, president of XGTI’s IMT, Ltd. and head of all IMT and Vislink business operations outside of the Americas, stated in the news release. Delivery of ordered systems is expected to take place by the end of 2017.
To view the full press release, visit http://nnw.fm/9vPpV
About xG Technology, Inc.
xG Technology’s brands provide wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in challenging environments. xG’s brand portfolio includes Integrated Microwave Technologies (IMT), Vislink, and xMax. Based in Sarasota, Florida, xG Technology has over 100 patents and pending patent applications. xG is a publicly traded company listed on the NASDAQ Capital Market (symbol: XGTI) For more information, please visit www.xgtechnology.com.
NetworkNewsBreaks (NNB) provide a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer