xG Technology (XGTI) Posts Q1 Loss of 15c/Share

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xG Technology Reports First Quarter 2015 Results

May 15, 2015 4:05 PM EDT

SARASOTA, Fla., May 15, 2015 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of wireless communications and spectrum sharing technologies, announced its results for the first quarter ended March 31, 2015.

Key Recent Accomplishments

Entered into a Strategic Technology Alliance Agreement with Drakontas, LLC ("Drakontas"), a developer of mobile collaboration software designed to help public safety professionals share information more rapidly and more accurately, to cooperate in the marketing of each other's respective solutions, xMax and DragonForce. DragonForce is one of the most innovative emerging technologies for... More