TORONTO, Feb. 27,
2023 /CNW/ - Baylin Technologies Inc. (TSX: BYL)
(the "Company") is pleased to announce that its Galtronics US
subsidiary has received its first order for its multibeam antennas
from the European market.
The Galtronics sales team are in Barcelona this week attending Mobile World
Congress, the world's largest and most influential connectivity
event. Galtronics is very pleased to receive an order from
this part of the world. The antennas have already been purchased by
North American customers and have been very well received.
Galtronics is looking to build on their favourable reception in
North America by aggressively
expanding sales globally.
Galtronics President, Minya
Gavrilovic said, "I am thrilled with the response to the
newly released Galtronics multibeam antennas which rival expensive
lens-based solutions by providing lens-like beam stability at a
panel antenna price point. Now more than ever, people expect
high-capacity connectivity no matter where they are."
Multibeam antennas are deployed by wireless carriers for various
use cases covering high-traffic and challenging locations, such as
major airports as well as high-capacity venues, where the density
of customer traffic requires an exceptional wireless solution.
About Baylin
Baylin is a leading diversified global technology company. The
Company focuses on the research, design, development,
manufacturing, and sale of passive and active radio-frequency
products, satellite communications products, and supporting
services.
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. They 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", "plan", "potential", "project", "outlook", "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 expansion of sales of our multibeam
antennas into other markets. 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.sedar.com. All
the forward-looking statements made 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.