Baylin Technologies Announces $1.7M Order from Large North American Carrier
TORONTO, March 1, 2019 /CNW/ - Baylin Technologies Inc. ("Baylin") (TSX: BYL) today announced that its Kirkland, Quebec wholly owned subsidiary, Advantech Wireless Technologies Inc. ("Advantech") has received a $1.7 million dollar order from a large North American carrier for its Summit Series of SSPA's. This is expected to be the first of several purchase orders for this carrier to fulfill its 2019 requirements related to providing 5G backhauling services.
Advantech's recently launched fully modular line of Solid State Pulsed Amplifiers (SSPA's) is available in power levels of 10kW+, in both GaN and GaAs configurations, in Ku, X and C bands and provides soft-fail (switchless) redundancy. This line of pulsed amplifiers is designed to be a direct replacement of Klystrons, or travelling wave tubes, and their high power, wide bandwidth ruggedized systems will allow operation with multiple carriers and provide outstanding linearity.
Randy Dewey, President and CEO of Baylin Technologies, is particularly excited about this order. "Prior to purchasing Advantech Wireless just over one year ago, one of the intercompany synergies we expected to realize was extending our existing Galtronics' carrier relationships to Advantech's customer base. It is encouraging to see the manifestation of this expectation as our affiliates optimize opportunities in their specific business units."
Advantech Wireless is a leading wireless broadband communications solutions provider for commercial, critical infrastructure, government and military clients.
About Baylin
Baylin (TSX: BYL) is a diversified leading global wireless technology management company. Baylin focuses on research, design, development, manufacturing and sales of passive and active RF products and services. We aspire to meet our customers' needs and anticipate the direction of the market.
Forward-looking Information Cautionary Statement
This news release contains statements that may constitute "forward-looking statements" or "forward looking information" under applicable securities laws, including statements relating to, the customers and potential sales of products by Baylin and assumptions regarding the future performance of Baylin. Certain statements made in this news release that are not historical facts are also forward-looking statements. These forward-looking statements reflect management's current internal projections, expectations or beliefs and are based on information currently available to Baylin. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "predict", "potential", "continue" or the negative of these terms or other comparable terminology. A number of factors could cause actual events or results to differ materially from those discussed in the forward-looking statements. Risks and uncertainties that could cause or contribute to such differences include, but are not limited to those described under "Risk Factors" in Baylin's most recent annual information form, which is available on SEDAR. Baylin has made a number of assumptions in making forward-looking statements in this news release. Although management believes that the forward-looking statements contained herein are based on reasonable assumptions, an investor cannot be assured that actual results will be consistent with such statements. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. Baylin cannot provide any assurance that forward-looking statements will materialize. The forward-looking statements included in this news release are made as of the date of this news release and Baylin undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise except as may be required by applicable securities laws.
SOURCE Baylin Technologies Inc.
Investor Relations: Kelly Myles, Marketing and Communications Director, Baylin Technologies Inc., [email protected]
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