TORONTO, June 7, 2023
/CNW/ - Baylin Technologies (TSX: BYL) is pleased to announce that
its Galtronics subsidiary has received a series of orders for over
$860,000 for its antennas to be
deployed at four major US stadium venues. The projects are all
related to C-Band upgrades to enhance carriers' 5G networks,
enabling greater capacity and higher data speeds.
"As stadiums continue to upgrade their equipment to enhance the
fan experience, we are very pleased to have received these four
orders", said Whit Martin, Vice
President of Sales for Galtronics. "Due to the quality connections
Galtronics antennas provide, we are increasingly receiving requests
to work with more and varied customers upgrading connectivity at
major sporting events, convention centers, airports, and other
large scale venues and facilities."
Leighton Carroll, CEO of Baylin
Technologies, said "Galtronics antennas are specifically designed
to support all bands and frequencies, including C-Band. To have our
antennas selected for Arrowhead Stadium, home of the Kansas City
Chiefs; Ford Field, home of the Detroit Lions, Bank of America
Stadium, home of the Carolina Panthers, and T-Mobile Park, home of
MLB Seattle Mariners, is very exciting."
About Baylin
Baylin is a leading diversified global technology company. The
Company focuses on research, design, development, manufacturing,
and sales of passive and active radio-frequency products, satellite
communications products, and supporting services. We strive to meet
our customers' needs and anticipate the direction of the
market.
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 benefits and technical attributes of the
Galtronics antennas. 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.