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Baylin Technologies Inc
Symbol BYL
Shares Issued 39,803,181
Close 2018-07-17 C$ 3.49
Market Cap C$ 138,913,102
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Baylin's Alga receives orders for $1.6-million

2018-07-17 10:22 ET - News Release

Mr. Randy Dewey reports

BAYLIN TECHNOLOGIES ANNOUNCES RECEIPT OF 1.6 MILLION DOLLARS IN ORDERS FROM A EUROPEAN NATO CUSTOMER

Baylin Technologies Inc.'s newly acquired Kirkland, Que., subsidiary, Alga Microwave Inc. (Alga), has received multiple orders totalling more than $1.6-million from a European NATO customer for its X-Band satellite communication (SATCOM) transceivers.

"Defence and military customers are important sectors for Alga. These orders represent the continuation of a long-standing relationship with an important European NATO customer and further solidify Alga's position as a global provider of leading-edge satellite communications equipment," said Randy Dewey, president and chief executive officer of Baylin Technologies.

Alga is a market leader in the engineering, design and development of radio frequency and microwave components, and a leading supplier of radio frequency and microwave solid-state power amplifiers, pulsed amplifiers for radar applications, transmitter and transceiver products as well as radio frequency passive components and systems.

About Baylin Technologies Inc.

Baylin 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. The company aspires to meet its customers' needs and anticipate the direction of the market.

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