TORONTO, July 18,
2023 /CNW/ - Baylin Technologies Inc. (TSX: BYL) is
pleased to announce that its Galtronics subsidiary has begun
selling its multibeam antennas directly to European wireless
carriers and systems integrators, a first for the company.
Wireless carriers have been preparing their networks this spring
and summer in advance of the jam-packed concert and event season.
Large events require technologies capable of handling high capacity
and high data throughput in dense customer environments. The
patented Galtronics multibeam antennas are unique in their ability
to handle large scale events in a cost-effective manner for
wireless carriers. Based on the strength of their adoption in
the United States and Canada, European wireless customers have
started to use the technology as well.
The first European multibeam antenna was deployed at Phoenix
Park in Dublin in time for the
June 1st to 5th
Bord Bia Bloom festival, one of
Ireland's largest (120,000
attendees) events. Just north of Dublin, Galtronics had its multibeam antenna
installed at Slane Castle to support the wireless traffic generated
by the 80,000 people who attended the Harry
Styles concert on June
10th.
Galtronics multibeam antennas were also deployed by an Italian
wireless carrier to provide enhanced capacity, coverage, and
throughput to the large crowds at various concerts in both
Rome and Milan.
Most recently, Galtronics antennas have also been installed for
the Pope's upcoming visit to Portugal for the 37th World Youth
Day, August 2nd to
6th, where 400,000 are expected to gather. Moreover,
several of the carriers have ordered additional units after
seeing the capabilities of the multibeam antennas first-hand during
their recent deployments.
Baylin CEO, Leighton Carroll,
said, "When your technology is truly innovative and cost-effective,
you have the opportunity to open new markets for your business. The
Galtronics multibeam antennas are a unique technology which is
opening doors for our business in markets where we have not been
previously. We look forward to continuing to build on these new
customer relationships."
About Baylin
Baylin is a leading diversified global technology company. It
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.