xG Technology (XGTI) Reports Q3 Loss of $0.42/Share

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xG Technology Reports Third Quarter 2015 Results

November 16, 2015 4:30 PM EST

SARASOTA, Fla., Nov. 16, 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 third quarter ended September 30, 2015.

Key Recent Accomplishments

Entered into a partnership with GlobalMedia Group, LLC ("GlobalMed") to market integrated health delivery systems that incorporate xG mobile broadband technology and GlobalMed's telemedicine hardware, devices and software. The xMax Telemedicine Network Solution ("xMax TMN") facilitates the immediate and reliable transmission of critical health information, multimedia medical applications, and lifesaving services to locations that are... More