13:16:35 EDT Sat 04 May 2024
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Baylin Technologies Inc
Symbol BYL
Shares Issued 88,375,693
Close 2023-06-06 C$ 0.35
Market Cap C$ 30,931,493
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Baylin's Galtronics receives $860,000 in orders

2023-06-07 10:59 ET - News Release

Mr. Leighton Carroll reports

BAYLIN TECHNOLOGIES ANNOUNCES RECEIPT OF OVER $860,000 CAD IN PURCHASE ORDERS FOR THREE NFL STADIUMS AND ONE MLB STADIUM

Baylin Technologies Inc.'s Galtronics subsidiary has received a series of orders for over $860,000 for its antennas to be deployed at four major United States stadium venues. The projects are all related to C-band upgrades to enhance carriers' 5G networks, enabling greater capacity and higher data speeds.

"As stadiums continue to upgrade their equipment to enhance the fan experience, we are very pleased to have received these four orders," said Whit Martin, vice-president of sales for Galtronics. "Due to the quality connections Galtronics antennas provide, we are increasingly receiving requests to work with more and varied customers upgrading connectivity at major sporting events, convention centres, airports, and other large-scale venues and facilities."

Leighton Carroll, chief executive officer of Baylin Technologies, said: "Galtronics antennas are specifically designed to support all bands and frequencies, including C-band. To have our antennas selected for Arrowhead Stadium, home of the Kansas City Chiefs, Ford Field, home of the Detroit Lions, Bank of America Stadium, home of the Carolina Panthers, and T-Mobile Park, home of MLB Seattle Mariners, is very exciting."

About Baylin Technologies Inc.

Baylin is a leading diversified global technology company. The company focuses on research, design, development, manufacturing, and sales of passive and active radio-frequency products, satellite communications products, and supporting services. Baylin strives to meet its customers' needs and anticipate the direction of the market.

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