Vislink Enters into Strategic Partnership with Cogent Technologies

Published: 13 August 2018

xG Technology, Inc. (“xG” or the “Company”) (Nasdaq: XGTI, XGTIW), whose brands are recognized as the global leaders in live video communications in the broadcast, sports and entertainment and public safety markets, announces today that Vislink has undertaken a strategic cooperation with Cogent Technologies Limited (Cogent), a wholly-owned subsidiary of Century Sage Scientific Holdings Limited (CSS Group) of which shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 1450). Pursuant to terms of a memorandum of understanding the companies have entered into, Vislink will have the exclusive right to help promote and sell Cogent’s products and solutions to all regions outside of China.

“We are excited to enter into this strategic partnership with Cogent,” says John Payne, President and Chief Operating Officer of IMT Vislink. “We are very confident that this agreement will be mutually beneficial to both companies. CSS Group has built a reputation as the leading provider of media solutions in China, with a focus on high-end systems for content production, broadcast and transmission, event broadcast services, and broadcasting equipment development and sales. We look forward to serving as the exclusive distributor of Cogent’s products in international markets outside of China.”

Cogent is mainly engaged in research, development and sales of transmission products including, but not limited to, 4G portable transmission devices, bonded cellular solutions and wireless microwave transmission products, which are able to provide quality and smooth broadcasting and signal return services for live events. Since its founding in 2007, CSS Group has had a long-term business relationship with Vislink and companies of xG. The establishment of the strategic cooperation relationship represents a broader and deeper cooperation between the companies.

About Century Sage Scientific Holdings Limited

Founded in 2007, CSS Group operates through Application Solutions, Sports and Events Business, System Maintenance Services, and sales of Self-Developed Products segments. It offers media and TV broadcast application solutions and system integration services and operates sports events. The company is also involved in the research, development, and sale of technical products; event broadcast and equipment trading activities; and provision of turnkey solutions to Internet protocol TV and over-the-top video service operators. The company is headquartered in Beijing, the People’s Republic of China, and operates in China and internationally.

About xG Technology, Inc.

xG Technology’s IMT and Vislink brands are recognized as the global leaders in live video communications and are trusted suppliers to tier-1 customers in broadcast/sports/entertainment, and law enforcement/public safety/defense markets. Their products are recognized for high levels of performance, reliability, build quality, extended operating ranges and compact form factors. In the broadcast, sports and entertainment sectors, IMT and Vislink provide high-definition communication links to reliably capture, transmit and manage live event footage. In the law enforcement, public safety & defense markets, IMT and Vislink provide secure video communications and mission-critical solutions to local, national and international agencies and organizations. More information can be found at www.imt-solutions.com and www.vislink.com.

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.

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