In a press release issued today, xG Technology announced new management appointments in support of its realigned IMT and Vislink businesses. The key appointees are James Walton and John Payne, who will play key roles in pursuing worldwide growth opportunities for mission-critical video solutions.
James Walton has been appointed president of IMT Ltd., the new legal entity created by the acquisition of Vislink by xG. Mr. Walton, who previously served as the Chief Executive Officer of Vislink, will assume responsibility for the management of Vislink offices located in the United Kingdom, and all IMT and Vislink business operations outside of the Americas. This includes the sale of all current IMT and Vislink products in those areas. Mr. Walton has also been appointed a corporate officer of xG Technology.
John Payne IV, who previously served as president of the IMT division of xG Technology, will now serve as president of IMT USA, with responsibility for all IMT and Vislink business operations in the Americas, including the sale of all current IMT and Vislink products in those areas.
George Schmitt, Executive Chairman and CEO of xG Technology, said, “We are pleased that James Walton will be spearheading our efforts to promote our best-in-class video capture, transmit and management solutions to broadcast, sports and entertainment, and mission-critical public safety and defense sectors around the world. At the same time, John Payne and his team at IMT will now have at their disposal expanded product capabilities to deliver innovative solutions to customers in North and South America.”
Read the entire press release at this link.