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Baylin Technologies Inc
Symbol C : BYL
Shares Issued 39,976,429
Close 2019-01-11 C$ 3.62
Recent Sedar Documents

Baylin Technologies to make parts for Swedish outfit

2019-01-14 09:52 ET - News Release

Mr. Randy Dewey reports

BAYLIN TECHNOLOGIES ANNOUNCES SIGNING OF AGREEMENT TO SUPPLY TIER ONE GLOBAL TELECOMMUNICATIONS PROVIDER

Baylin Technologies Inc.'s wholly owned subsidiary, Alga Microwave Inc., based in Kirkland, Que., has signed an agreement in principle to design and manufacture key components for a Tier 1 global telecom equipment producer headquartered in Sweden. The supply agreement, which commences immediately and extends through the end of 2020, represents a multimillion-dollar program whereby Alga will furnish critical passive components used in point-to-point and point-to-multipoint telecom equipment, along with engineering design and support services.

"This agreement extends our long-standing relationship with this important customer and strengthens Alga's position as a global provider of leading-edge equipment," explained Randy Dewey, Baylin's president and chief executive officer. "Alga's strategy of providing high-value technical solutions to the industry continues to be effective. We are introducing new technologies to our customer base, opening new markets and establishing ourselves as a global leader for large-scale telecommunications initiatives."

Alga is a leading designer and provider of radio frequency (RF) components and systems for the telecommunications and satellite communications industries, as well as a variety of other sectors. Alga is one of the few companies in the world offering products in the 2.0-gigahertz-to-31.0-gigahertz radio frequency and the five-to-16,000-watt power spectrum.

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.

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