TORONTO, Dec. 16, 2016 /CNW/ - Baylin Technologies Inc. ("Baylin") (TSX: BYL), a leading provider of wireless antenna solutions, today announced the award of a significant platform with a major OEM networking customer.
Several industry mergers in the past three years have created new opportunities and this is our first major win as a result of the new networking business climate. Mr. Cliff Connors, EVP of Sales for the Networking antenna division, announced that "this award is a very substantial win for the Baylin and we expect it will lead to additional opportunities with this customer". The product deliveries are scheduled to commence in 2017 and will span four marquis platforms with this customer.
Baylin's President and CEO, Mr. Randy Dewey, said "I am delighted with the momentum in the industry and the opportunities ahead for Baylin in this sector".
About Baylin Technologies Inc.
Baylin (TSX: BYL) is a leading global wireless technology management company. Baylin focuses on design, development, manufacturing and delivery of leading wireless products and services. We aspire to meet our customers' needs and anticipate the direction of the market.
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Although we have attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of Baylin. Accordingly, readers should not place undue reliance on forward-looking statements or information. Baylin undertakes no obligation to reissue or update any forward-looking statements or information as a result of new information or events after the date hereof except as may be required by applicable securities law. All forward-looking statements and information herein are qualified by this cautionary statement
SOURCE Baylin Technologies Inc.
For further information: Investor Relations: Kelly Myles, Marketing and Communications Manager, Baylin Technologies Inc., [email protected]