TORONTO, June 14,
2022 /CNW/ - Baylin Technologies Inc. (TSX: BYL) (the
"Company") is pleased to announce that its Advantech
Wireless Technologies (AWT) subsidiary has received a purchase
order of over $1.5 Million (CAD) for
amplifiers from a major maritime service provider. The amplifiers
will be installed on cruise ships to enable Wi-Fi coverage.
Tony Radford, Vice President of
Sales, notes that, "Maritime applications can be particularly
challenging, requiring products that must be extremely resilient to
ensure they perform reliably on platforms that are constantly
moving and subject to high ambient temperatures. Power systems on
ships can be unstable and produce voltage spikes that are damaging
to electronics. Advantech Wireless's products are equipped with
field replaceable power supplies that can be serviced quickly when
the ships are resting in port between cruises."
"Solid State Power Amplifiers from Advantech Wireless have been
used in maritime terminals for decades", explained Leighton Carroll, Baylin's CEO. "Today, ships
generate, collect, and transmit an ever-increasing volume of data.
Thanks to Advantech Wireless' GaN technology, AWT's products can
deliver the required higher volume of power without increasing the
amount of space required for SSPAs."
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 the expected performance of the
Company's amplifiers for use on maritime vessels. 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.