Category Archives: News Releases

Official news releases from Baylin Technologies.

Edgewater Wireless and Galtronics Build World’s First Multi-Channel WiFi Antennas

Edgewater Wireless and Galtronics Build World’s First Multi-Channel WiFi Antennas

aera™ Multi-Channel Access Points Powered by WiFi3™ Now Available with Innovative Antenna Array   OTTAWA, CANADA November 28th, 2017 – Edgewater Wireless Systems Inc. (TSX.V: YFI)is pleased to announce that the company, in close collaboration with Galtronics – a subsidiary of Baylin Technologies (TSX: BYL), have recently completed production of the world’s first antenna solution designed… Continue Reading

Baylin Technologies Announces Closing of Bought Deal Offering

Baylin Technologies Announces Closing of Bought Deal Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA.   Toronto, CANADA, November 28, 2017 – Baylin Technologies Inc. (TSX: BYL) (the… Continue Reading

Baylin Technologies Announces $15 Million Bought Deal Offering of Common Shares

Baylin Technologies Announces $15 Million Bought Deal Offering of Common Shares

Toronto, CANADA, November 16, 2017 – Baylin Technologies Inc. (TSX: BYL) (the “Company” or “Baylin”) is pleased to announce that it has entered into an agreement with Raymond James Ltd., on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase on a “bought deal” basis 6,382,979 common shares of the Company (the “Common Shares”) at a price of C$2.35 per Common Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$15,000,001 (the “Offering”). Continue Reading

Baylin Reports Record Quarterly Revenue and EBITDA

Baylin Reports Record Quarterly Revenue and EBITDA

Investor Conference Call on November 2, 2017 at 8:00 a.m. EDT.   Revenue in the third quarter of 2017 was $27.1 million (CAD); a 21% increase from the prior year period. Gross profit was at the highest level in the past 15 quarters. Q3 2017 operating expenses were lower than the prior year period due… Continue Reading

Baylin Reports Continued Positive Adjusted EBITDA

Baylin Reports Continued Positive Adjusted EBITDA

Investor Conference Call on August 3, 2017 at 8:00 a.m. EDT.   Revenue in the second quarter of 2017 was $20.3 million (CAD); a 2% decrease from a year ago. Gross profit and gross margin, both at the highest level in the past 14 quarters, sustained their sequential upward trend. Q2 2017 Operating expenses, adjusted… Continue Reading

Baylin Technologies Appoints new CFO

Baylin Technologies Appoints new CFO

Toronto, Ontario-August 1, 2017 — Baylin Technologies Inc. (“Baylin”) (TSX:BYL) today announced that it has appointed Mr. Michael Wolfe, MBA, CPA, CA, as its Chief Financial Officer (“CFO”). Mr. Wolfe holds an MBA from McMaster University, a BA from the University of Western Ontario and CPA, and CA. Prior to joining Baylin, Mr. Wolfe enjoyed a… Continue Reading

Baylin Reports Continued Positive Adjusted EBITDA

Baylin Reports Continued Positive Adjusted EBITDA

Baylin Financial Statements 31 03 2017_ Final AC>>  Investor Conference Call on May 9, 2017 at 8:00 a.m. EDT. Revenue in the first quarter of 2017 was $19.8 million (CAD); a 5% decrease from a year ago.  • Gross profit and gross margin continued to improve, both at the highest level in the past 13… Continue Reading

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