Baylin Technologies Announces Receipt of over $860,000 CAD in Purchase Orders for Three NFL Stadiums and One MLB Stadium

TORONTO, June 7, 2023 /CNW/ - Baylin Technologies (TSX: BYL) is pleased to announce that its Galtronics subsidiary has received a series of orders for over $860,000 for its antennas to be deployed at four major US stadium venues. The projects are all related to C-Band upgrades to enhance carriers' 5G networks, enabling greater capacity and higher data speeds.

"As stadiums continue to upgrade their equipment to enhance the fan experience, we are very pleased to have received these four orders", said Whit Martin, Vice President of Sales for Galtronics. "Due to the quality connections Galtronics antennas provide, we are increasingly receiving requests to work with more and varied customers upgrading connectivity at major sporting events, convention centers, airports, and other large scale venues and facilities."

Leighton Carroll, CEO of Baylin Technologies, said "Galtronics antennas are specifically designed to support all bands and frequencies, including C-Band. To have our antennas selected for Arrowhead Stadium, home of the Kansas City Chiefs; Ford Field, home of the Detroit Lions, Bank of America Stadium, home of the Carolina Panthers, and T-Mobile Park, home of MLB Seattle Mariners, is very exciting."

About Baylin

Baylin is a leading diversified global technology company. The Company focuses on research, design, development, manufacturing, and sales of passive and active radio-frequency products, satellite communications products, and supporting services. We strive to meet our customers' needs and anticipate the direction of the market.

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. They 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", "plan", "potential", "project", "outlook", "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 benefits and technical attributes of the Galtronics antennas. 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 terrestrial microwave products and 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.

Copyright 2023 Canada NewsWire