Baylin Technologies Announces Receipt of $675,000 Purchase Order

TORONTO, Dec. 19, 2018 /CNW/ - Baylin Technologies Inc. ("Baylin") (TSX: BYL) today announced that its Kirkland, Quebec wholly owned subsidiary, Alga Microwave Inc. ("Alga"), has received a purchase order of $675,000 from a major European partner. The order is scheduled for immediate fulfillment.

Randy Dewey, President and CEO of Baylin, said, "I am delighted to announce the receipt of this purchase order from one of our major European customers. Our partners appreciate the exceptional linearity and operating efficiencies that the Alga line of GaN Ku-band BUCs offer. The compact size, light weight, superior phase noise, and compliance with stringent regulatory specifications are among the many characteristics that make these units extremely versatile."

Alga is a global provider of leading-edge satellite communications equipment including passive and active Radio Frequency (RF) products, Microwave Solid State Power Amplifiers (SSPAs), Block Up Converters (BUCs), Pulsed Amplifiers for radar applications and transmittr and transceiver products. Alga is one of the few companies in the world offering products in the 2.0 to 31.0 GHz radio frequency and the 5 to 16,000 watt power spectrum.

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.

[ Back To TMCnet.com's Homepage ]