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Baylin Technologies Inc
Symbol BYL
Shares Issued 31,207,357
Close 2018-06-27 C$ 3.42
Market Cap C$ 106,729,161
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ORIGINAL: Baylin Technologies Announces One Million Dollar NATO Country Order

2018-06-27 12:01 ET - News Release

Baylin Technologies Announces One Million Dollar NATO Country Order

Canada NewsWire

TORONTO, June 27, 2018 /CNW/ - Baylin Technologies Inc. ("Baylin") (TSX: BYL) today announced that its subsidiary, Advantech Wireless Technologies Inc., ("Advantech"), has received an order from a NATO member country for over one million dollars of its X-Band line of SSPAs and BUCs which are designed for strategic wide band military applications.

Baylin Technologies Inc. (CNW Group/Baylin Technologies Inc.)

Randy Dewey, Baylin President and CEO, explains "These military grade X-Band Solid State Power Amplifiers (SSPAs) and Block Up Converters (BUCs), are designed and produced by Advantech to meet the stringent requirements of military standards for large data rates and wide bandwidth applications."

The latest generation of X-Band SSPAs features exceptional linearity and operating efficiency and are built to deliver outstanding performance in the most challenging environments. These high power X-Band SSPA's are designed to provide very high throughput for large strategic military satellite teleports in any environmental condition.

John Restivo, President of Advantech Wireless, further clarifies: "In the last few years we have seen a significant migration from the traditional way of designing large satellite uplinks. Our customers are adopting Advantech's solid state technology and phasing out the old Klystrons and TWTs which are reaching end of life. The new technology's advantages include massive OPEX reduction and increased teleport technological capabilities".

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 meet 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.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/June2018/27/c6326.html

Contact:

Investor Relations: Kelly Myles, Marketing and Communications Manager, Baylin Technologies Inc., kelly.myles@baylintech.com

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