xG Technology, Inc. (NASDAQ:XGTI) Files An 8-K Results of Operations and Financial ConditionItem 2.02
On July 13, 2017, xG Technology, Inc. (the “Company”) issued a press release announcing preliminary financial results for the fiscal quarter ended June 30, 2017.A copy of the press release is furnished herewith as Exhibit99.1. The information set forth in Item 2.02 of this Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Forward-Looking Statements
Except for historical information contained in the press release attached as an exhibit hereto, the press release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements.
Please refer to the cautionary note in the press release regarding these forward-looking statements.
| Item 9.01. | Financial Statements and Exhibits. |
| 99.1 | Press Release of xG Technology, Inc., dated July 13, 2017. |
xG TECHNOLOGY, INC. ExhibitEX-99.1 2 v470774_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 xG Technology Announces Preliminary Financial Results that Exceed Analyst Expectations with Record Revenue for the Second Quarter 2017 SARASOTA,…To view the full exhibit click here
About xG Technology, Inc. (NASDAQ:XGTI)
xG Technology, Inc. develops a portfolio of intellectual property, which is embedded in its software algorithms that offer cognitive interference mitigation and spectrum access solutions for a range of applications using commercial off the shelf devices. The Company’s products include xMax, CN5100 Mobile Hotspot, CN3100 Vehicle Modem, CN3200 Dual-Band Routing Modem, CN1100 Access Point, CN7000 Mobile Control Center and xMonitor/xDrive. The Company offers a range of frequency-agnostic cognitive radio solutions. It focuses on various industries across the world, such as telecommunications, cable, defense and public safety, municipal governments, critical infrastructure and markets ranging from rural to urban areas and expeditionary deployments. The implementation of its cognitive radio intellectual property is xMax. The Company, through Integrated Microwave Technologies, LLC (IMT), offers a spectrum of wireless video products that are built around providing a range of solutions.
