TORONTO, April 20,
2022 /CNW/ - Baylin Technologies Inc. (TSX: BYL) (the
"Company") is pleased to announce that its Galtronics
USA subsidiary has received its
first in a series of expected orders from a Smart City
Solutions Provider who has partnered with a Tier 1 US carrier to
deploy its small cell antennas on streetlights to help accelerate
the carrier's 5G roll-out across the
United States.
This smart city solution pairs four Galtronics antennas with a
small cell radio which sits just above the streetlight case next to
the light, allowing it to blend seamlessly into the existing
infrastructure, eliminating bulky boxes and wires. This solution
has significant advantages for areas that cannot wait the 12-18
months for wireless operators to select small cell sites, engineer
unique designs, secure zoning and permitting from municipalities,
and ultimately deploy an approved small cell, by dramatically
speeding up zoning, permitting and electrical work for
carriers.
Minya Gavrilovic, President of
Galtronics USA, is pleased with
the creation of this unique solution that has been in development
with Galtronics' Embedded engineering team for over 18 months. "For
the past 5 years, Galtronics has been a leader with its
best-in-class small cell antennas for Tier 1 carriers. We are
pleased to extend the versatility of our antenna offerings, and
this smart solution transforms a streetlight into a 4x4 MIMO
capable mid-band 5G site in a cost effective and timely manner.
These streetlight small cells provide coverage to a small area,
requiring more antennas to provide complete coverage"
About Baylin
Baylin is a leading diversified global technology company. The
Company focuses on the research, design, development, manufacture,
and sale of passive and active radio-frequency products, satellite
communications products, and supporting services.
Forward-Looking
Statements
This press release includes forward-looking information and
forward-looking statements (together, "forward-looking statements")
within the meaning of applicable securities laws. Forward looking
statements are not statements of historical fact. Rather, they are
disclosure regarding conditions, developments, events 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,
estimates, intentions and plans, and statements concerning
anticipated future circumstances, events, expectations, operations,
performance or results. 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", "outlook" "plan", "potential", "project", "seek", "target",
"trend" or "will", or the negative or other variations of these
words or other comparable words or phrases, and are intended to
identify forward-looking statements, although not all
forward-looking statements contain these words.
The forward-looking statements in this press release include
statements regarding expected orders for the Company's
antennas for use in street light small cells. Forward-looking
statements are based on certain assumptions and estimates made by
us in light of the experience and perception of historical trends,
current conditions, expected future developments, including
projected growth and sales in passive and active radio frequency
and satellite communications products, and supporting services, and
other factors we believe are appropriate and reasonable in the
circumstances, but there can be no assurance that such assumptions
and estimates will prove to be correct.
Many factors could cause our actual results, level of activity,
performance or achievements or future events or developments to
differ materially from those expressed or implied by the
forward-looking statements, including the risk factors discussed in
the Company's most recent Annual Information Form, which is
available on the Company's profile on SEDAR at www.sedar.com. All
the forward-looking statements made in this press release are
qualified by these cautionary statements and other cautionary
statements or factors in this press release. There can be no
assurance that the actual results or developments will be realized
or, even if substantially realized, will have the expected
consequences to, or effects on, the Company. Unless required by
applicable securities law, the Company does not intend and does not
assume any obligation to update these forward-looking
statements.
SOURCE Baylin Technologies Inc.