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Baylin Technologies Inc
Symbol BYL
Shares Issued 18,809,347
Close 2015-08-24 C$ 1.50
Market Cap C$ 28,214,021
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Baylin appoints three to senior management roles

2015-08-27 17:08 ET - News Release

Mr. Randy Dewey reports

BAYLIN TECHNOLOGIES MAKES ORGANIZATIONAL CHANGES TO ALIGN COMPANY WITH LONG-TERM GROWTH OPPORTUNITIES

Baylin Technologies Inc. has implemented key organizational changes to position the company for long-term growth and a return to profitability.

"We bolstered our executive team with industry leaders and built out our sales staff with industry experienced sales people," said Randy Dewey, president and chief executive officer of Baylin. "We are focused on adding talent and expertise to our networking and infrastructure teams. These enhancements align our company to face present and future market conditions and realities. We are confident that these changes position Baylin to continue offering innovative, leading-edge engineered products while building a strong sales culture that will further improve our position across our three product lines."

Senior leadership appointments

As part of its plan to strengthen its businesses for long-term competitiveness and success, the company appointed these leaders to its team: David Wittwer was promoted to the role of chief technology officer. Mr. Wittwer will oversee the engineering and research and development departments in Israel and Phoenix. Mr. Wittwer is a seasoned professional with more than 25 years of experience in the technology sector, including 10 with the company.

Julia Hogan was appointed executive vice-president of the global infrastructure division. Ms. Hogan comes to the company with more than 25 years of experience in infrastructure sales.

Mike Moon was promoted to executive vice-president, mobile business. Mr. Moon is a seasoned mobile technology sales and marketing executive with multicultural and multilingual experience. He has more than 25 years of experience working for Samsung.

Sales team appointments

In addition to the senior leadership appointments, the company has also strengthened its sales team.

Bill Swafford was appointed to vice-president of business development at Galtronics. During Mr. Swafford's career, he has executed successful market strategies in the networking and infrastructure antenna space for some of the largest North American service providers.

Robert Dumont was appointed as sales manager, networking business unit, at Galtronics. Mr. Dumont has more than 20 years of experience in wireless, RF and Satcom technology sales, marketing, and business development.

Kelly Joyce was appointed as sales director, wireless marketing, at Galtronics. Mr. Joyce is a seasoned sales executive with more than 15 years of experience in the wireless communications sector.

Mo Bhuyan was appointed as director, product management and sales engineering, at Galtronics. Mr. Bhuyan has more than 15 years of experience in the wireless infrastructure business.

William Shin was appointed as Asian sales director based in Shanghai, China. Mr. Shin has more than 18 years of sales and marketing experience in the information technology components industry.

Baylin will continue to operate in its three target markets: networking, mobile and infrastructure. However, the company intends to further extend the migration from a mobile-centric company to an infrastructure-product-centric company during fiscal 2015.

We seek Safe Harbor.

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