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Baylin Technologies Announces Receipt of 1.6 Million Dollars in Orders from a European NATO Customer

Baylin Technologies Announces Receipt of 1.6 Million Dollars in Orders from a European NAT...

articleBaylin Technologies, Inc.July 17, 20183/company/baylin-technologies-inc/news/baylin-technologies-announces-receipt-of-16-million-dollars-in-orders-from-a-european-nato-customer
Baylin Technologies Announces Receipt of 1.6 Million Dollars in Orders from a European NATO Customer

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[{"type":"text","content":"\n\n\n\nBaylin Technologies Announces Receipt of 1.6 Million Dollars in Orders from a European NATO Customer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, July 17, 2018\n\n\n\nTORONTO, July 17, 2018 /CNW/ - Baylin Technologies Inc. (\"Baylin\") (TSX: BYL) announced today that its newly acquired Kirkland, Quebec subsidiary, Alga Microwave Inc. (Alga) has received multiple orders totalling more than $1.6 million dollars from a European NATO customer for its X-Band satellite communication (SATCOM) transceivers.\n\n\n \n \n\n \n\"Defense 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 CEO of Baylin Technologies Inc.\n\nAlga is a proud Canadian supplier of passive and active Radio Frequency (RF) products, Microwave Solid State Power Amplifiers (SSPAs), Block Up Converters (BUCs), Pulsed Amplifiers for radar applications and transmitter and transceiver products. Alga is one of the few companies in the world offering products in the 2.0 to 31.0 GHz radio frequency and the 5 to 16,000 watt power spectrum.  \n\nAbout Baylin\n\nBaylin (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.\n\nForward-looking Information Cautionary Statement\n\nThis 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...

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