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xG Technology Announces Second Quarter 2014 Financial Results Conference Call

  (August 11, 2014)

SARASOTA, Fla., Aug. 11, 2014 /PRNewswire/ --xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of mobile broadband network products and spectrum sharing technologies, today announced it will issue second quarter 2014 results after the close of the market on Thursday, August 14, 2014. Management will hold a conference call to discuss these results at 5:00 p.m. Eastern Time that day.

To participate in the conference call, please call 888-803-5993 (toll free) or 706- 634-5454 (international call-in) and reference code # 70373247. The call is also being webcast at All participants should call or access the website approximately 10 minutes before the conference begins.

For those who cannot listen to the live broadcast, a replay of the call will be available from August 14, 2014 at 8:00 p.m. Eastern Time through August 16, 2014, and can be accessed by dialing (855) 859-2056 or (404) 537-3406, passcode # 70373247. A webcast replay will be available on xG's website for 90 days.

About xG Technology

xG Technologyhas created a broad portfolio of intellectual property that makes wireless networks more intelligent, accessible, affordable and reliable. The company has created xMax, a patented all-IP cognitive radio technology that enables robust mobile broadband communications for private, consumer and government networks. xMax can solve the crisis facing the wireless industry caused by data-hungry devices and applications that are straining network capacity. It eliminates the need to acquire scarce and expensive licensed spectrum, thus lowering the total cost of ownership for wireless broadband access. xG's goal is to help wireless broadband networks deliver voice, video and data services to fixed and mobile users. The xMax cognitive radio system incorporates advanced optimizing technologies that include spectrum sharing, interference mitigation, multiple-input multiple-output (MIMO) and software defined radio (SDR). These and other technologies make xMax ideal for wide area, as well as rapid emergency communication deployment. xG offers solutions for numerous industries worldwide, including urban and rural wireless broadband, utilities, defense, emergency response and public safety.

Based in Sarasota, Florida, xG has 60 U.S. and over 140 international patents and pending patent applications, and its products have been sold in both domestic and foreign markets. xG is a publicly traded company listed on the NASDAQ Capital Market where xG common stock is traded under the symbol XGTI and xG warrants are traded under the symbolXGTIW.

For more information, please visit

Free Writing Prospectus Disclosure

On April 3, 2014, the issuer, xG Technology, Inc., filed a Registration Statement on Form S-1/A Amendment No. 1 (Registration No. 333-194810) with the Securities and Exchange Commission (the "SEC") with respect to the offering to which this press release relates. A copy of the preliminary prospectus for the offering is included in that registration statement. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may obtain these documents for free by visiting EDGAR on the SEC web site at Alternatively, copies of the preliminary prospectus and, when available, the final prospectus relating to the offering may be obtained from Roth Capital Partners, LLC, Prospectus Department, 888 San Clement Drive, Newport Beach, CA 92660, telephone: 800-678-9147, e-mail:; or Feltl and Company, Inc., Prospectus Department, 800 LaSalle Avenue, Suite 2100, Minneapolis, MN, 55402, telephone: 612-492-8800, e-mail:

Media and Analyst Relations
Daniel Carpini
xG Technology
(941) 953-9035

Investor Relations:
James Woodyatt
xG Technology
(954) 572-0395

Carolyn Capaccio/Jody Burfening

SOURCE xG Technology, Inc.

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