TORONTO, Jan. 10, 2020 /CNW/ - Baylin Technologies Inc.
(TSX: BYL) (the "Company") announced that its wholly owned
subsidiary, Advantech Wireless Technologies Inc., ("Advantech"),
has received over two million dollars in orders of
its satellite communication terminals from a NATO member
country.
Randy Dewey, Baylin Technologies'
President and CEO, is pleased to share that "The products that
have been ordered from Advantech are advanced satellite terminals
which include state of the art digital and RF
technologies. These orders are part of a complex modernization
program that this active NATO member and has been undergoing in the
field since 2017."
The Engage™ Class Flyaway Terminal Solution includes the most
advanced SATCOM technology. This flexible and compact satellite
terminal has a fully integrated tri-band system designed for
strategic applications, ease of deployment and operation under
harsh environmental conditions. The entire Satcom terminal has been
tested for the highest level of performance and compliance with
military requirements. The terminal is based on high efficiency,
ruggedized tri-band ready 1.2 Meter and 2.4 Meter Flyaway
Antennas which can cover X-Band, Ku-Band, or Ka-Band by replacing
the feed only. The antenna is fully motorized and includes an
integrated satellite detection controller.
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 exceed
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.