Subcontracts, Payment Solutions, New Sponsorships, and Technical Updates - Analyst Notes on xG, Wix.com, Cray, Harmonic and Applied Optoelectronics

NEW YORK, June 27, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding xG Technology, Inc. (NASDAQ: XGTI), Wix.com Ltd. (NASDAQ: WIX), Cray Inc. (NASDAQ: CRAY), Harmonic Inc. (NASDAQ: HLIT) and Applied Optoelectronics, Inc. (NASDAQ: AAOI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4204-100free.

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xG Technology, Inc. Analyst Notes
On June 24, 2014, xG Technology, Inc. (xG) announced that the Company has been selected as a subcontractor by the U.S. Army's Communications-Electronics Research, Development and Engineering Center (CERDEC) Space and Terrestrial Communications Directorate (S&TCD). According to the Company, it teamed with Science Applications International Corporation (SAIC) on a five-year period of performance, multiple-award indefinite delivery/indefinite quantity (IDIQ) contract that has a ceiling value of $497 million. Additionally, the Company stated that under the subcontract, it will provide research, development and evaluation in support of communications and networks systems under the five S&TCD Division technology areas which include antennas, system engineering, satellite communication, cybersecurity, and communications networks. Commenting on the subcontract, Company CEO, John Coleman, stated, "We are proud to have been chosen to support the SAIC team in this important contract, and we are committed to working with them to help meet CERDEC S&TCD's objectives." The full analyst notes on xG are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/XGTI/report.pdf

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Wix.com Ltd. Analyst Notes
On June 17, 2014, Wix.com Ltd. (Wix.com) announced that it has developed a proprietary billing system, which enables Wix.com to integrate with any local payment gateway and acquirer in the world. According to the Company, the internally-developed payment solution is vital to Wix.com's localization and growth strategy in multiple markets. Additionally, the Company stated that through its payment solution, the Company's users will be able to upgrade to premium subscriptions, purchase domains and all premium App packages using a payment method that they recognize, trust and can easily access. Wix.com President and Chief Operating Officer, Nir Zohar, stated, "Not being able to find a solid payment solution for our new markets was slowing us down - something that we could not accept. So we did what we do best: we developed our own technological solution, which is already being successfully used by us and gaining interest from third party partners." The full analyst notes on Wix.com are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/WIX/report.pdf

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Cray Inc. Analyst Notes
On June 24, 2014, Cray Inc. (Cray) announced that it has joined the OpenStack® Foundation as a Corporate Sponsor. According to the Company, the OpenStack Foundation promotes development, distribution and adoption of the OpenStack cloud operating system while serving developers, users and the entire ecosystem. The Company stated that it will collaborate with OpenStack and research common open source components to benefit the supercomputing industry, along with contributing to integrate open source capabilities into future Cray products and services. Cray's Senior Vice President of High Performance Computing Systems, Peg Williams, stated, "We want to ensure that Cray customers benefit from interoperability with OpenStack. System management capabilities with OpenStack, for example, will help improve total cost of ownership, productivity, and ease-of-use in sophisticated datacenter environments. We support the OpenStack Foundation because it enables our customers to take advantage of the economics and flexibility of open source by leveraging OpenStack capabilities." The full analyst notes on Cray are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/CRAY/report.pdf

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Harmonic Inc. Analyst Notes
On June 24, 2014, Harmonic Inc.'s (Harmonic) stock dipped by 0.27%, ending the day at $7.44. Over the previous five-day trading session, Harmonic's stock increased by 0.27% compared to the Nasdaq Composite which gained 0.30% during the same trading session. The full analyst notes on Harmonic are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/HLIT/report.pdf

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Applied Optoelectronics, Inc. Analyst Notes
On June 24, 2014, Applied Optoelectronics, Inc.'s (Applied Optoelectronics) stock increased by 1.73%, closing at $23.46. For the past six-month trading session, Company's stock reflected a significant increase of 57.13% compared to the Nasdaq Composite which went up by 4.86% during the same trading period. The full analyst notes on Applied Optoelectronics are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/AAOI/report.pdf

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