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Baylin Technologies Receives Over $1.3 Million (CAD) in Purchase Orders From a European System Integrator
Baylin Technologies Receives Over $1.3 Million (CAD) in Purchase Orders From a European Sy...
About this update from Baylin Technologies, Inc.
[{"type":"text","content":"\n\n\n\nBaylin Technologies Receives Over $1.3 Million (CAD) in Purchase Orders From a European System Integrator\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, June 8, 2020\n\n\n\nTORONTO, June 8, 2020 /CNW/ - Baylin Technologies Inc. (TSX: BYL) (the \"Company\" or \"Baylin\") today announced that its subsidiary, Alga Microwave Inc. (\"Alga\"),  has received purchase orders totalling over $1.3 million for its C-Band and Ku-Band BUC transmitters.\n\n \n \n \n \n \n \n\n \nAlga's C-Band and Ku-Band transmitters are used in the broadcast of satellite signals by converting the corresponding band of frequencies from a lower frequency to a higher frequency. The lightweight Alga solutions are built for VSAT stabilized platforms and mobile earth stations while offering benefits for fixed site and offshore applications as well.\n\"These purchase orders are from an existing customer and the products will be used to update their ground stations\",  explained Randy Dewey, President and CEO of Baylin.\nForward-Looking Statements\nThis press release includes forward-looking information and forward-looking statements (\"forward-looking statements\") within the meaning of applicable securities laws. They are not statements of historical fact.   Rather, it is disclosure regarding events, conditions, developments or financial performance that we expect or anticipate may or will occur in the future including, among other things, information or statements concerning our objectives and strategies to achieve those objectives, statements with respect to management's beliefs, plans, estimates and intentions and statements concerning anticipated future events, circumstances, expectations, results, operations or performance. Forward-looking statements can be identified generally by the use of forward–looking terminology, such as \"anticipate\", \"believe\", \"could\" \"should\", \"would\", \"estimate\", \"expect\", \"forecast\", \"indicate\", \"intend\", \"likely, \"may\", \"plan\", \"potential\", \"project\", \"outlook\", \"seek\", \"...