Mr. Leighton Carroll reports

BAYLIN TECHNOLOGIES ANNOUNCES $2.7 MILLION (CAD) AWARD FOR ITS ADVANTECH SUBSIDIARY

Baylin Technologies Inc.'s Advantech subsidiary has been awarded the first phase of a direct-to-home (DTH) satellite broadcast network from a major cable operator in India. The first phase of the order is valued at $2.7-million.

John Restivo, Advantech president, said: "I am pleased to see the demand for our high-power Summit on a steady rise for the past several years. Summit has become the go-to product for satellite gateways, DTH, defence TT&C [telemetry, tracking and control] and near space, wherever there is a need for very high-reliable RF power."

The first phase of the award consists of four 3.2-kilowatt Summit systems, each comprising eight 500W C-band solid state power amplifiers (SSPAs) arranged in a soft-fail redundant architecture. Additionally, the order includes a bank of frequency converters with associated redundancy.

The second phase of the order is expected late spring 2024 and phase 3 is expected in March, 2025.

Leighton Carroll, Baylin's chief executive officer, said: "This is a solid win for Advantech to start 2024. The future phases of the order are expected to be comprised of four to five additional Summit systems. Programs of this size require unique capabilities, technology and ultimately value. This was a very competitive bidding process and for Advantech to win over an incumbent legacy technology speaks volumes to the new Summit platform and what the Advantech team is achieving."

About Baylin Technologies Inc.

Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, satellite communications products and supporting services. Baylin aspires to exceed its customers' needs and anticipate the direction of the market.

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