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Baylin Technologies Announces Receipt of $600k Purchase Order From Tier 1 European Defense Contractor
Baylin Technologies Announces Receipt of $600k Purchase Order From Tier 1 European Defense...
About this update from Baylin Technologies, Inc.
[{"type":"text","content":"\n\n\n\nBaylin Technologies Announces Receipt of $600k Purchase Order From Tier 1 European Defense Contractor\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, Aug. 12, 2019\n\n\n\nTORONTO, Aug. 12, 2019 /CNW/ - Baylin Technologies (TSX:BYL) is pleased to announce that its wholly owned subsidiary, Alga Microwave Inc. (\"Alga\"), has received a purchase order from a Tier 1 defense company totalling 600,000 CAD for its newest C-Band and Ku-Band modular type transmitters. \n\n \n \n\n \nRandy Dewey, President and CEO explains that: \"These orders are part of a multi year platform which Alga won in 2018. The order is representative of Alga's expertise fulfilling new technology requirements for its customers. Alga continues to establish itself as a global leader providing quality products for large scale telecommunications initiatives.\"\nAlga's C-Band and Ku-Band transmitters are ideal solutions for both mobile and fixed communication terminals. They are designed for high efficiency resulting in an optimal compact form factor providing high performance and reliability. Alga specializes in custom designs for its customers' unique requirements.\nAbout Baylin\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 exceed our customers' needs and anticipate the direction of the market.\nForward-looking Information Cautionary Statement\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 forward-looking statements reflect management's current internal projections, expectations or beliefs and are based on informa...