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Baylin Technologies Announces Expansion of its LATAM operations and Participation at SET EXPO Technology Congress 2018

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Baylin Technologies Announces Expansion of its LATAM operations and Participation at SET EXPO Technology Congress 2018

Canada NewsWire

TORONTO, Aug. 8, 2018 /CNW/ - Baylin Technologies Inc. ("Baylin") (TSX:BYL) announced today that its Dorval, Quebec subsidiary, Advantech Wireless Technologies Inc. (Advantech) has expanded its Latin American operations by opening a new office and service centre in Brazil.

Baylin Technologies Inc. (CNW Group/Baylin Technologies Inc.)

The new Brazil office and service center have been opened to meet the growing demand for Advantech's new line of Second Generation Gallium Nitride (GaN) technology based Solid State Power Amplifiers (SSPAs) and Block Up Converters (BUCs).

The new office will provide customer service and support as well as sales, training and timely delivery of finished inventory stock. The new office is conveniently located in Rua Capricornio, a suburb of Sao Paulo.

"Latin America is an important and growing market for Advantech. Expanding our operations and service center in Brazil reinforces our commitment to our customers and will guarantee that all services and support requirements are addressed promptly," said Eduardo Alecci, Vice President, Sales LATAM.

"The official opening of the new Advantech location is a testament to our Brazilian customers. We have had a presence in Brazil for over 20 years and have contributed to major technological achievements in the Satellite Broadcasting Industry there.  It is vitally important to have direct contact with our customers and be able to offer turnkey solutions including installation and repair services," said Cristi Damian, VP Business Development at Advantech.  "In addition, we intend to collaborate with our local industry partners to promote advanced 5G Cellular, SATCOM and Terrestrial Microwave Solutions based on our more than 30 years of R&D expertise."

Join us at SET EXPO 2018, the largest technology event for media and entertainment in Latin America, from August 28th to 30th. The show is located at the Expo Center Norte Red Pavilion and Convention Center, São Paulo, Brazil. To schedule a meeting with one of our team members please visit advantechwireless.com/set-expo-2018/

About Baylin

Baylin (TSX:BYL) is a diversified leading global wireless technology management company. Baylin focuses on research, design, development, manufacturing and sales of passive and active RF products and services. We aspire to meet our customers' needs and anticipate the direction of the market.

Forward-looking Information Cautionary Statement

This news release contains statements that may constitute "forward-looking statements" or "forward looking information" under applicable securities laws, including statements relating to, the customers and potential sales of products by Baylin and assumptions regarding the future performance of Baylin. Certain statements made in this news release that are not historical facts are also forward-looking statements. These forward-looking statements reflect management's current internal projections, expectations or beliefs and are based on information currently available to Baylin. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "predict", "potential", "continue" or the negative of these terms or other comparable terminology. A number of factors could cause actual events or results to differ materially from those discussed in the forward-looking statements. Risks and uncertainties that could cause or contribute to such differences include, but are not limited to those described under "Risk Factors" in Baylin's most recent annual information form, which is available on SEDAR. Baylin has made a number of assumptions in making forward-looking statements in this news release. Although management believes that the forward-looking statements contained herein are based on reasonable assumptions, an investor cannot be assured that actual results will be consistent with such statements. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. Baylin cannot provide any assurance that forward-looking statements will materialize. The forward-looking statements included in this news release are made as of the date of this news release and Baylin undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise except as may be required by applicable securities laws.

SOURCE Baylin Technologies Inc.

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