TORONTO, July 3, 2024
/CNW/ - Baylin Technologies Inc. (TSX: BYL) (the "Company") is
pleased to announce that its Galtronics subsidiary has received a
multi-year, multi-million dollar award for a 4G/5G mobile antenna
solution.
Galtronics Embedded Antenna Group has been selected by a US
computer networking company to provide a 4G/5G antenna solution for
their mobile customer premise equipment product which will be
available to consumers through multiple US Tier 1 carriers as well
as a Tier 1 carrier outside the US. The solution will also be used
within the Public Safety Sector.
Leighton Carroll, Baylin's CEO,
said "Our Galtronics embedded business has been growing
consistently, and the continued pace of wins like this is important
for our longer-term future. The team has done a great job of
creating bespoke solutions for the world's most demanding customers
and delivering real value through quality and RF performance."
About Baylin
Baylin is a leading diversified global wireless technology
company. Baylin focuses on research, design, development,
manufacturing and sales of passive and active radio-frequency
products, satellite communications products, and supporting
services. Baylin aspires to exceed its customers' needs and
anticipate the direction of the market. For further information,
please visit www.baylintech.com.
Forward Looking Statements
This press release includes forward-looking information and
forward-looking statements (together, "forward-looking statements")
within the meaning of applicable securities laws. Forward-looking
statements are not statements of historical fact. Rather, they are
disclosure regarding conditions, developments, events or financial
performance that we expect or anticipate may or will occur in the
future, including, among other things, information or statements
concerning our objectives and strategies to achieve those
objectives, statements with respect to management's beliefs,
estimates, intentions and plans, and statements concerning
anticipated future circumstances, events, expectations, operations,
performance or results. Forward-looking statements can be
identified generally by the use of forward looking terminology,
such as "anticipate", "believe", "could" "should", "would",
"estimate", "expect", "forecast", "indicate", "intend", "likely,
"may", "outlook", "plan", "potential", "project", "seek", "target",
"trend" or "will", or the negative or other variations of these
words or other comparable words or phrases, and are intended to
identify forward-looking statements, although not all
forward-looking statements contain these words.
The forward-looking statements in this press release include
statements regarding the availability of the mobile CPE product of
the US and other carriers for which the Galtronics antenna has been
selected and its use within the public safety sector.
Forward-looking statements are based on certain assumptions and
estimates made by us in light of the experience and perception of
historical trends, current conditions, expected future
developments, including projected growth and sales in passive and
active radio frequency and terrestrial microwave products and
services, and other factors we believe are appropriate and
reasonable in the circumstances, but there can be no assurance that
such assumptions and estimates will prove to be correct.
Many factors could cause our actual results, level of activity,
performance or achievements or future events or developments to
differ materially from those expressed or implied by the
forward-looking statements, including the risk factors discussed in
the Company's most recent Annual Information Form, which is
available on the Company's profile on SEDAR+ at
www.sedarplus.ca. All the forward-looking statements in this
press release are qualified by these cautionary statements and
other cautionary statements or factors in this press release. There
can be no assurance that the actual results or developments will be
realized or, even if substantially realized, will have the expected
consequences to, or effects on, the Company. Unless required by
applicable securities law, the Company does not intend and does not
assume any obligation to update these forward-looking
statements.
SOURCE Baylin Technologies Inc.
