xg technology inc (XGT:London)

Executive Profile*

Background*

Mr. Richard Lee Mooers, Rick Co-Founded xG Technology Inc. and served as its Chief Executive Officer until December 2, 2010. Prior to xG Technology, Mr. Mooers Co-Founded Mooers Branton & Company and MB Merchant Group, Inc. Prior to that, he served as Chief Executive Officer of another merchant/investment bank, Dominion Group Limited. He was originally trained as a CPA and worked at various firms throughout the Northeast. In late 1991 he joined Dominion Group Limited, ... an investment/merchant bank which specialized in the technology, agriculture and environmental industries, initially served as Director of corporate finance. He subsequently became Chief Executive Officer of Dominion Group Limited. He serves as Executive Chairman at xG Technology Inc. and previously served as Chairman until December 2, 2010. He serves as a Director of MB Technology Holdings, LLC. 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 1985, Mr. Mooers graduated summa cum laude from the University of Maine, United States, with a bachelor of science degree in business administration.

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