George F. Schmitt, Executive Chairman of the Board
George Schmitt brings to xG Technology over 40 years of broad telecom experience in wireless and wireline companies. He currently serves on the boards of Calient, Secure Alert, Ready Jet Go Airlines, and Teleworx. George is SBIC Director at TeleSoft Partners, a Silicon Valley-based venture capital firm specializing in early stage, mid stage, late stage, and growth capital.
His experience includes e.spire Communications, Omnipoint, LHS Group, Objective Systems Integrators, PCS PrimeCo, AirTouch Communications, Mannesmann Mobilfunk (Germany), Pacific Telesis, Pacific Telephone, and AT&T. Most recently, George was Chairman and Chief Executive Officer of e.spire Communications, a provider of voice, data and Internet services to markets throughout the U.S.
Previously, George was President and a Director at Omnipoint Communication Services (NASDAQ: OMPT) until VoiceStream’s acquisition of Omnipoint Corporation in 2000. Subsequently, Deutsche Telekom acquired Voicestream to form T-Mobile U.S. George was also a Director of two telecom software companies; LHS Group (NASDAQ: LHSG), where he was a Director and member of the Audit Committee prior to its acquisition by Sema in 2000, and Objective Systems Integrators (NASDAQ: OSII), where he was also a Director and Chairman of the Audit Committee and Member of the Compensation Committee, which was acquired by Agilent Technologies in 2000.
Prior to joining Omnipoint, George was President and Chief Executive Officer of PCS PrimeCo (now part of Verizon Wireless) a national PCS partnership formed by AirTouch, Bell Atlantic, NYNEX and U.S. West. He came to PrimeCo from AirTouch, where he was Executive Vice President of International Operations responsible for AirTouch’s operations in its ventures in Germany, France, Sweden, Belgium, Italy, Portugal, Japan, Korea, Spain and Thailand. Prior to PCS PrimeCo, George was a member of the board of management of Mannesmann Mobilfunk in Germany and also headed the company’s technical department. His department’s responsibilities included the complete development and operation of the D2 network, the first commercial GSM network in the world. He also served as the Chairman of the GSM Association, an international organization responsible for overseeing the worldwide implementation of GSM wireless technology.
George received an M.S. in Management from Stanford University, where he was a Sloan Fellow, and a B.A. in Political Science from Saint Mary’s College.
Richard L. Mooers, Non-Executive Director
In 1985, Rick graduated summa cum laude from the University of Maine, United States, with a bachelor of science degree in business administration. He trained as a certified public accountant and subsequently worked at various accounting firms, including Kenneth Foster & Co CPAs and MacDade Abbot & Co CPAs, in the Northeast USA from his graduation until 1991.
In late 1991, Rick joined Dominion Group Limited, an investment/merchant bank which specialized in the technology, agriculture, and environmental industries, initially as director of corporate finance. He subsequently became CEO of that company. In these roles, he gained a wide range of both international and US experience, including being involved with a number of businesses in various stages of development, including start-ups, commercializations, and public offerings.
Rick co-founded Mooers Branton & Company and MB Merchant Group, LLC with Roger Branton in 1997. Mooers Branton & Company is an international merchant bank which provides early-stage financing to emerging businesses in the technology, hospitality, and real estate sectors. Mooers Branton & Company manages its portfolio of investments through the privately held company, MB Merchant Group, LLC.
Rick’s merchant banking activities have given him a wide range of international experience, including experience in restructurings, turnarounds, and mergers and acquisitions. Together with Roger Branton and Joe Bobier, Rick co-founded xG Technology, Inc. in August 2002.
John C. Coleman, CEO
John C. Coleman brings to xG Technology, Inc. 34 years combined experience in expeditionary operations from both government service and the private sector. In his final years as a U.S. Marine, he was posted as the Chief of Staff, 1st Marines Expeditionary Force for the first two years of OPERATION IRAQI FREEDOM supervising the largest field headquarters ever assembled in wartime by the Marines. Though an Infantry Officer by trade, he was known and remains widely recognized throughout the Corps as a visionary and leading innovator in the exploitation of digital technology to enhance command, control, and communication within military forces.
Following government service, Mr. Coleman joined Hunter Defense Technologies and served for two and half years as Vice President of Business Development. At Hunter he pioneered an entirely new business sector specializing in the development and delivery of expeditionary command and control infrastructure for civil first responders and the DOD. Validating the efficacy of this effort, he led a team that deployed and operated an Expeditionary Emergency Operations Center (E2OC) in the city of Chicago for Barack Obama’s Presidential acceptance speech on 4 November 2008. Though only on the ground for 18 hours, this highly mobile facility integrated an ad hoc team from 43 different federal, state, and local agencies and provided them fully interoperable voice and data communications along with integrated visual information display.
Most recently, Mr. Coleman established Joint Command and Control Consulting (JC3). JC3 provides consulting services focused on the development, integration, and delivery of mature and emerging technologies in support of expeditionary operations, particularly as related to command, control, and communications. In conjunction with its strategic partners, JC3 provides C4ISR-related systems, service, training, and support to expeditionary responders, both civil and military.
Larry C. Townes, Non-Executive Independent Director
Larry Townes currently serves as the Chief Executive Officer of Townes Tele-Communications, Inc., a position he has held since 1981. At Townes Tele-Communications, a holding company with widely diversified business interests, Mr. Townes directs the operations as Chairman of the Board. These interests include eight incumbent rural telephone companies operating in seven states, wireless operations which include cellular radio service, petroleum exploration and production, and agricultural operations and related riparian rights in northern Texas. In addition, he has been active as a board member and investor in MB Technology Holdings, LLC. He is the owner of a bank in Arkansas and Texas. Mr. Townes also serves on the boards of a number of other privately held companies.
Mr. Townes is a member of the following xG Technology board committees: Audit, Governance and Nominations, and Compensation. He serves as chairman of the Compensation Committee.
Kenneth Hoffman, Non-Executive Independent Director
Ken Hoffman joined xG Technology in August 2010 as an advisor. He is Vice President of Regulatory Affairs for Florida Power & Light Company, the rate-regulated subsidiary of NextEra Energy, Inc. (NYSE: NEE), one of the nation’s leading electricity-related services companies. He is responsible for providing assistance in the management and oversight of FPL’s regulatory activities before state regulators and the State Legislature on energy matters.
Mr. Hoffman joined FPL in 2008 after a successful career in private law practice specializing in the representation of public utilities and telecommunications companies before the Florida Public Service Commission, the Florida Legislature and the Florida courts. He has over 25 years’ experience representing various types of telecommunications carriers including wireless before regulatory and legislative bodies. Prior to joining FPL, he was a shareholder at Rutledge Ecenia Purnell & Hoffman, PA, in Tallahassee, Florida for 14 years.
Mr. Hoffman is a member of the following xG Technology board committees: Audit, Governance and Nominations, and Compensation. He serves as chairman of the Governance and Nominations Committee.
Garry Cuccio, Non-Executive Independent Director
Gary Cuccio has over 35 years of broad operating experience in wireless, software, engineering, operations, sales and marketing. Mr. Cuccio currently serves as Chairman of Openet Telecom Ltd. Based in Dublin, Ireland, Openet Telecom is a venture-backed software company providing IP mediation to leading Telco’s on a global basis. Mr. Cuccio also serves on the board of mBlox as the chairman of its audit committee. mBlox is a venture-backed startup providing a service bureau for SMS messages in the wireless space. Headquartered in London and Sunnyvale, CA, mBlox operates in Europe, the U.S. and Asia. Previously, Mr. Cuccio was CEO of ATG, a CLEC based in California, Oregon, and Washington.
Prior to ATG, Mr. Cuccio was CEO of LHS group (Nasdaq: LHSG), a Telco billing software supplier. LHS was acquired by Sema, a French software company, in Q3, 2000 for $6.8BB. Mr. Cuccio was also COO of Omnipoint, a PCS mobile wireless carrier. Mr. Cuccio’s experience also includes several positions held at Airtouch, most notably Vice President of Operations for Europe, Vice President, Asia and President of Airtouch Paging. The company was merged with Vodafone in 1999. He has also served as chairman of the board and audit committee chairman of privately held companies and has helped sell and merge several public and privately held companies. Mr. Cuccio started his career with 27+ years at Pacific Tel in Operations, Engineering, Customer Service and Sales & Marketing, ending his tenure there as VP / General Manager. Mr. Cuccio received his AMP from Harvard University, his MBA from St. Mary’s College and his BA in Political Science from California State University Los Angeles.
Mr. Cuccio is a member of the following xG Technology board committees: Audit, Governance and Nominations, and Compensation. He serves as chairman of the Audit Committee.
Raymond M. Sidney, Non-Executive Independent Director
Dr. Sidney has established several real estate investment ventures and been involved with a number of companies, including Covia Labs, Hemedex, Edison2 and Commuter Cars as an investor, board member or advisor. He also serves on the Vision Circle of the X PRIZE Foundation. Prior to this, Dr. Sidney was the second software engineer hired at Google, Inc.
Previously, Dr. Sidney had worked as a security expert and software engineer at RSA Labs and D.E. Shaw & Co., among other companies. He provided the implementation expertise for RC6, RSA’s candidate cipher for NIST’s quest for AES, a successor to the Data Encryption Standard. Dr. Sidney attended Caltech and Harvard, and he received a bachelor’s degree in mathematics from Harvard in 1991. He then entered the graduate program in mathematics at MIT, where he specialized in cryptography and received a PhD in 1995. Dr. Sidney’s business experience includes running and investing in startups through his venture capital company, Big George Ventures. In addition, he is active in many educational and environmental undertakings in the Lake Tahoe area.
Dr. Sidney is a member of the following xG Technology board committees: Compensation, and Governance and Nominations.