TORONTO , July 11, 2022 /CNW/ - Baylin Technologies Inc. (TSX BYL) (the "Company") is pleased to announce that its Galtronics subsidiary has been selected to provide embedded antenna solutions for an innovative US Computer Networking Hardware Company to provide a wireless solution to a Major US Telecommunications Service Provider.

With millions of people continuing to enjoy hybrid and remote work options, the need for efficient, secure internet access is essential. Galtronics will provide the antennas for a 5G mobile hotspot solution which allows service provider's users to utilize a 5G internet connection with multi-gigabit speeds at home and on the move. Galtronics was awarded a multi-year contract and has shipped over $500,000 CAD in product, year to date.

Minya Gavrilovic , President of Galtronics USA , said "Our Embedded Antenna team thrives on finding solutions to difficult problems and we are excited to have developed this product for our customer and their client. This product will provide an ultra-fast connection and wide-ranging geographic coverage to customers."

"Our engineering teams continue to provide high quality solutions for our customers who require superior performance to optimize their products, their networks, and ultimately the end customer experience", explained Leighton Carroll , CEO of 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.

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 embedded antenna product. 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.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2022/11/c8075.html

Bank of Montreal ( TSE:BMO ) will increase its dividend from last year's comparable payment on the 26th of August to...

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is joining its tech peers in a stock split. The trillion-dollar tech giant, which is the parent company of Google, plans to do a 20:1 stock split on Friday, July 15. If you're aiming to buy Alphabet before the stock split, the clock is ticking.

Rogers knows how to survive — and thrive — in turbulent times.

Inflation is running hot at 9%. Suze likes this asset to beat it.

Mining stocks could capitulate given waning demand for industrial metals

For nearly six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has stood head and shoulders above most money managers. Since taking the reins of Berkshire in 1965, Buffett has overseen the creation of more than $610 billion in value for shareholders, as well as led the company's Class A shares (BRK.A) to an aggregate return in excess of 3,600,000%. Given the Oracle of Omaha's incredible track record, investors tend to pay close attention to what he and his investing team are buying and selling.

Yahoo Finance Live examines several of today's trending stocks, including China's tech crackdowns on Alibaba for private data hacks and the outlook for cannabis stocks as American and German lawmakers on legalization bills.

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Citigroup's latest earnings beat means that it could be priced fairly for once

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a strong earnings report from Citigroup.

The Oracle of Omaha knows how to beat inflation. So ride his coattails.

MARK HULBERT A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly versus the euro. A secondary bold bet is that U.S. stocks will lag international equities. Dollar weakness would represent a reversal of a trend dating back several years.

Every investor wants to see his stocks pay off – or he wouldn’t be in the markets. But finding the right investment, the ‘one’ that will bring profits, can sometimes be challenging, especially in today's market conditions. The two simplest courses of action an investor can take to ensure solid returns are based on common sense. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth pote

Yahoo Finance's Rachelle Akuffo discusses why Pinterest stock is popping on Thursday.

Russia is positioning itself to engage in 'expropriation blackmail,' according to Mark Dixon, founder of the Moral Rating Agency.

Alphabet stock will undergo a 20-for-1 stock split on July 18. Here's how to trade the stock into the event.

(Bloomberg) -- Carson Block was on a Delta flight to New York when he felt blood pooling on his seat.Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesWall Street Texting Habit Sticks Banks With Rare $1 Billion BillBiden to Leave Mideast With No Immediate Announcement on OilIt’s a tale the famous, filter-free founder of trading firm Muddy Waters Capital launches into to make a point about misdoings among shor

Yahoo Finance Live anchors discuss quarterly earnings for Wells Fargo and Citigroup.

Yahoo Finance's Ines Ferré breaks down how markets are performing as banks report earnings 

(Bloomberg) -- As if another inflation shock and earnings drama at big banks weren’t enough for stock investors, Friday brings a critical moment where many option traders must decide their next move on hedging. Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesUS Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go BigStocks Bounce Off Lows as Traders Temper Fed Bets: Markets WrapFed Could Weigh Historic