George F. Schmitt, Executive Chairman of the Board and CEO
George Schmitt has over 45 years of broad telecom experience in wireless and wireline companies. Mr. Schmitt is a Director of MB Technology Holdings, LLC (MBTH), which holds a controlling interest in xG Technology. He also serves on the boards of Calient, Secure Alert, Ready Jet Go Airlines, and Teleworx. Mr. Schmitt is an SBIC Director at TeleSoft Partners, a Silicon Valley-based venture capital firm specializing in early stage, mid stage, late stage, and growth capital.
Mr. Schmitt’s experience includes e.spire Communications, Omnipoint Communications, LHS Group, Objective Systems Integrators, PCS PrimeCo, AirTouch Communications, Mannesmann Mobilfunk (Germany), Pacific Telesis, Pacific Telephone, and AT&T.
Most recently, Mr. Schmitt 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, Mr. Schmitt was President and Director of 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.
Mr. Schmitt also served as a Director of two telecom software companies: LHS Group (NASDAQ: LHSG), where he was a member of the Audit Committee prior to its acquisition by Sema in 2000, and Objective Systems Integrators (NASDAQ: OSII), where he was Chairman of the Audit Committee and member of the Compensation Committee. That company was acquired by Agilent Technologies in 2000.
Prior to joining Omnipoint, Mr. Schmitt 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. Mr. Schmitt 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 and Thailand.
Prior to PCS PrimeCo, Mr. Schmitt was a member of the board of management of Mannesmann Mobilfunk in Germany, and also headed the company’s technical department. Mr. Schmitt’s department was responsible for the complete development and operation of the D2 network, the first commercial GSM network in the world. Mr. Schmitt also served as the Chairman of the GSM Association, an international organization responsible for overseeing the worldwide implementation of GSM wireless technology.
In 2013, Mr. Schmitt was inducted into the Wireless Hall of Fame by the Wireless History Foundation, an organization formed to preserve and promote the history of the wireless industry. The Wireless Hall of Fame Program provides public recognition of outstanding individuals across all segments of the wireless industry. Induction into the Wireless Hall of Fame is one of the industry’s highest honors, acknowledging the leadership, innovation and achievement of each honoree.
Mr. Schmitt 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
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.
Together with Roger Branton and George Schmitt, Rick Mooers co-founded MB Technology Holdings, LLC (MBTH) in July 2010. MBTH, which holds a controlling interest in xG Technology, is a technology holding and service company whose mission is to pursue suitable acquisitions for its portfolio by identifying companies requiring assistance in their next phases of growth, both organically and via add-on acquisitions. Rick currently serves as CEO and Chairman of MBTH.
Rick is a generalist in a world of specialists. Rick possesses a working knowledge or better in areas such as management, finance, accounting, tax; international dealings, restructurings/turnarounds, business startups, mergers and acquisitions, securities, legal, investment banking, consulting, negotiating and structuring transactions, licensing; regulatory issues, and most importantly risk management. Rick has both international and US-based experience. Rare and uniquely beneficial to an early stage company, he brings this multinational experience, as well as his key international relationships, to MBTH. Rick has been involved in leading the various stages of business, from start-up to private placements, commercialization, IPO and exit.
In 1985, Rick graduated summa cum laude from the University of Maine with a Bachelor of Science degree in business administration. He trained as a certified public accountant. 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 became CEO where 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 startups, commercializations and public offerings.
John C. Coleman, Director
John C. Coleman brings to xG Technology, Inc. 34 years combined experience in expeditionary operations from both government service and the private sector.
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.
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.
James T. Conway, Non-Executive Independent Director
General James T. Conway retired from active duty in 2010 after serving our nation for 40 years. Since then, he has joined and consulted for numerous corporate and non-profit boards, including Textron Inc., Colt Defense and General Dynamics. He also co-chairs the Energy Security Leadership Council (Securing America’s Future Energy), a non-partisan energy policy think tank.
Prior to his retirement, General Conway served as the 34th Commandant of the U.S. Marine Corps for four years. As Commandant, he served as the senior uniformed Marine responsible for the organization, training, and equipping of over 250,000 active duty, reserve, and civilian personnel throughout the United States and overseas, as well as the management of the $40 billion annual Marine Corps budget.
Prior to becoming Commandant, General Conway served for four years on the Joint Chiefs of Staff as Senior Operations Officer in the U.S. military, where he oversaw the war efforts in Iraq and Afghanistan. As a member of the Joint Chiefs of Staff, General Conway functioned as a military advisor to the Secretary of Defense, the National Security Council, and the President.
During his tenure, the Marine Corps experienced growth of 27,000 additional personnel, undertook major military construction efforts at bases and stations throughout the U.S., and integrated multiple next-generation weapons systems into its inventory. General Conway initiated new programs for the care of wounded warriors and brought Marine Corps family programs onto a war-time footing.
Among his numerous leadership positions, General Conway served as Commanding General of 1st Marine Division, and he was the commander of I Marine Expeditionary Force during two combat tours in Iraq, with 60,000 troops under his command, including Marines, soldiers, sailors, and British forces. He took part in the 2003 invasion of Iraq and First Battle of Fallujah.
General Conway graduated with honors from The Basic School, the U.S. Army Infantry Officers Advanced Course, the Marine Corps Command and Staff College and the Air War College. He was born in Walnut Ridge, Arkansas and graduated from Southeast Missouri State University in 1969. He was commissioned as an infantry officer in 1970.
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.
Gary 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, Ph.D., Non-Executive Independent Director
Dr. Sidney has established several real estate investment ventures and been involved with a number of companies, including Covia Labs, Planetary Resources, Edison2, and AnthroTronix 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. His higher mathematics knowledge will be helpful to our development team. Dr. Sidney also has an MBA from UC Berkeley’s Haas School of Business. In addition, he is active in educational and environmental undertakings in the Lake Tahoe, NV area.
Dr. Sidney is a member of the following xG Technology board committees: Compensation, and Governance and Nominations.