Cyan offers flexible solutions for the remote monitoring and control of lights, energy meters and industrial telemetry.
Cyan's solutions are based on a comprehensive standard product portfolio of RF based gateways and nodes.
Metering: Gas, Electricity, Water
Lighting: Street, Tunnel, Architectural,
Industrial Telemetry: Process control, Thermo eco telemetry, Weather

Pre-close update, said:
That its "decisive action and substantial cost cutting" leaves the company in a strong position for 2010.
It has spent much time and effort in supporting prospective customers, with volume order confirmations expected in the new year.

Future prospects
Has successfully secured and maintained key partnerships, most recently with Future Electronics Inc, a top three worldwide electronic component distributor with divisions focussed on metering and lighting products.

Has successfully completed two equity placings to new and existing investors during the period, raising a total of 3.0 million of new money to fund working capital requirements to support customer trial orders and partnerships.

Directors Buying:
Over 4 Millions share were bought by directors during this month

For all this motives the shares at 1.15p are worth taking some aboard

lectricity Metering Networks
Electricity utilities and meter manufacturers are investigating ways of introducing Advanced Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) to their businesses.

These technologies can significantly improve the information made available to energy service providers, including detailed energy usage profiles, diagnostic and status data from metering devices, and instantaneous usage from industrial and domestic consumers. This in turn helps to reduce the cost of taking readings, and prevent financial loss due to the fraudulent use of supplies. Load balancing can also be improved when information on instantaneous usage is provided. In addition consumers can benefit from improved information on their energy usage patterns by making better use of off-peak tariffs.

Cyan offers wireless Point-to-Point (P2P) and Meshing solutions for electricity AMR/AMI. Cyan's P2P solution use its ISM frequency band RF nodes (433/470/868/915/865 MHz). These allow a handheld meter reading device to directly communicate with each meter. Cyans meshing solution uses the same RF nodes to connect meters to a GPRS Gateway. A CyNet mesh network is formed around the gateway, which can be used to collate energy profiles, receive instantaneous readings, and send tariff updates to the meter. Cyan's GPRS Gateways can automatically monitor the mesh network and collect meter readings. Each GRPS Gateway has a RF node to connect to the local mesh network and GPRS modem for remote collection and monitoring from the backhaul system

Gas Metering Networks
A rise in energy prices and increasing focus on environmental issues has led to the demand for energy efficiency. As a result governments are legislating for the provision of Automated Meter Reading with a long term plan to move to fully Automated Metering Infrastructure

Cyan offers a wireless gas meter network solution that enables city wide deployment of wireless gas meters. The network uses Cyan's Cy-Net low power mesh network over ISM band (433/470/868/915/865 MHz). Each gas meter becomes an RF node on the network communicating with other RF nodes as well as mains powered concentrator gateways. The concentrators, Cyan's GPRS Gateways, automatically monitor the mesh network and collect readings from the meters.

Each GRPS Gateway has a RF node to connect to the local mesh network as well as GPRS for backhaul to remote central collection and monitoring system.

Industrial
Cyan's range of gateways and radio nodes can be used in a wide variety of monitoring and control applications. The RF nodes have on board resources such as Analogue to Digital converters with 12-bit resolution, digital inputs and outputs, timers and counters.

These can be used with external circuitry to sense conditions such as temperature, humidity, and movement. The combination of these resources, the Cy-Net radio mesh, and GPRS gateway can then be used to report telemetry to a central point, and/or send control signals to each remote node.

Street and Tunnel Lighting
With the rise of energy pricing and new regulation, operators of public lighting systems are driven to reduce operating costs. These reductions can be achieved by remotely controlling each lamp and managing its brightness according to need and by decreasing maintenance requirements by detecting faults remotely.

Cyan's technologies and products provide a complete control and communications network and user interface to lighting manufacturers. This complete system solution allows lighting manufacturers to manufacture and sell RF controlled street and tunnel lighting systems.

?...more orders for chips.....you know chips...fish and you get chips...or stake and you get chips or gamble and you get chips...more chips...orders...

Check out all the recent Rns's and there's no orders.

Plenty of placings though :-))

I think the word "further" is very misleading dont you think ?

Check out the rns of the 16th june 2010....not so long ago, 10000 chips for India...dyor...

Apologies, i missed that amongst all the meaningless rns's !

Still it's hardly a ripple is it.

It's a start and this could be a tremendous recovery story at the start....what were you saying about tips before the surge ?...well this could be it....if an order for say : 50000 chips or more comes along : 1.5p minimum....

So what kind of margins are there on these potential orders ?

Not a clue.....but this company has been going for some time now.....and from what I know...the orders could flood in...I'm gambling on the potential for recovery....

One million buy just gone through......just the sort of stock EK might tuck into.....

So it is a pump and dump then !

lol

Got to give you credit you are pretty good at it !

re - One million buy just gone through

The trade is a delayed trade @ 11.04am and goes with the MM ( SCAP) move UP @ 11.05am to make 2 MMs at bid for 1 at offer

News should be coming soon.....more orders will send this higher....

Up again...oh ! sorry...was it something I said...above 1p now....

RF.

What's your username on advfn ?

Never been on......I have one from donkey's years ago but I have never posted or even logged on....

ok.

I've done some research myself, shame you dont bother and just seem to post
anything you like.

They are burning a lot of cash, there's regular placings hence the dilution has
been great, they are always bullish but orders are thin on the ground and it
will take more than a 50k chip order before they break even, dont think the
market cap has been adjusted for the recent placing so they are valued even
higher than the current 6 mil, i cannot see the value, i think it's purely because
it's a decimal share that it gets the excitement, get rick quick punters love to
push these for fast gains so long as you are in first.

Personally, I wouldn't touch any compnay Barry Muncaster was involved with, even if it was a few years ago.

I personally do not take any notice of the 2 B@stard ( STALKERS ) and better if others do the same.

any how is moving higher at 14.06pm after their loose comments

now 2 at bid for 1 at offer ( spread 0.95 / 1.05p )

Has improved again the level 2 with 3 MMs at bid now, still 1 at offer

plenty of volume now over 7 million at the LSE, plus the Plus Market

Signs of wanting to move higher again after the retracemnet ( profit taking ) of the last couple days
---------------
Result of General Meeting

The Board of Cyan is pleased to announce that at the Company's General Meeting held earlier today all of the resolutions were duly passed, including the approval of the placing of 257,333,333 new ordinary shares of 0.2 pence each at 0.75 pence per share to raise approximately 1.8 million after expenses (the "Placing").

Full details of the Placing were set out in a circular sent to shareholders on 1 September 2010 (the "Circular"). Application has been made for a total of 257,333,333 new ordinary shares issued pursuant to the Placing to be admitted to trading on AIM. Admission and dealing is expected to occur at 8.00 a.m. on 17 September 2010.

In addition, the Company announces that application has been made for admission to trading on AIM in respect of a block listing of 10,000,000 ordinary shares of 0.2p each (the "Block Listing Shares"). As referred to in the Circular, in the interests of retaining cash within the Company, certain Directors will use a determined portion of their income from the Company to purchase newly issued ordinary shares in the Company on a monthly basis on the first day of each month. The number of Block Listing Shares to be issued each month will be determined by the closing mid-market share price of ordinary shares in the Company on the trading day immediately prior to the issue of the Block Listing Shares. The Block Listing Shares may also be used to settle cash sums due by the Company for other purposes. On issue, the Block Listing Shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares in issue.

Following the admission of the Placing Shares and the Block Listing Shares on 17 September 2010 the Company's total issued share capital will be 922,115,992 ordinary shares of 0.2p each. This figure (922,115,992 ordinary shares) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

From the "UPS" thread ......

KEEP an EYE

CYAN 0.96p ( 0.92 / 1.00 )
large volume and moving higher, two large trades showing on the ticker, could be an overhang being cleared.