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.

AGM Statement.

At today's AGM of Cyan (AIM:CYAN), the integrated system design company delivering mesh based flexible wireless solutions for lighting control, utility metering and industrial telemetry, Kenn Lamb, CEO made the following statement:

"The progress that we reported at the time of our preliminary results on 28th March continues unabated. The upswing in order enquiries continues and we now see substantial momentum in our lighting control business.

"Accordingly, we remain convinced that this year will be the major turning point following two years of trials and product development by the Company. Since March we have announced another initial order for 10,000 units of CyLux taking the company into lighting on gas and oil installations in India and the Middle East.CyLux, our wireless lighting control system is proving popular and easy to integrate into a wide range of lights.

"In addition, the Company received the first order for a CyLux installation in Europe, where CyLux controlled LED lighting is to be installed into a road tunnel in Italy.

"In common with prior lighting order announcements these represent initial orders for initial projects with the expectation of follow on orders to satisfy the total requirement of the initial project as well and new projects from these customers. Initial orders, therefore, represent a small fraction of the much larger opportunity with each new customer.

"Cyan now has an established foothold in lighting control markets where energy saving is a powerful market driver and ROI periods are short. The board looks forward to the year ahead with confidence."

29 June 2011

Cyan Holdings Plc

("Cyan" or "the Company")

Order Update: China Public Lighting Control

Cyan Holdings Plc (AIM:CYAN.L), the integrated system design company delivering mesh based flexible wireless solutions for lighting control, utility metering and industrial telemetry announces that it has received a follow on order from a previously announced Chinese Lighting customer.

This follow on order is for a further 12,000 modules, for a project which has now grown to over 220,000 units in a single city. Including this order Cyan has received orders for 24,000 units to date from this customer for this project and Cyan expects to receive orders to fulfil it.

The Board of Cyan understands that since the initial order, this customer has been actively marketing their HID lighting solution incorporating Cyan's technology and has three further cities poised to order their product. This follow-on order will be installed in a suburb of the city for which the first order was made before the end of Q3, in order to demonstrate a single installation of greater than 10,000 lights and also to demonstrate a new maintenance feature implemented by Cyan. This additional software feature will signal the location and type of any light failure and provide a list of required maintenance calls each morning. Cyan understands that this demonstration of a 10,000 light installation is a prerequisite for orders from these three cities. Cyan believes that it is reasonable to assume that new cities will have comparable requirements.

Since the original order this customer's product has received authorization and endorsement from multiple Chinese agencies. Additionally Cyan has been informed that in July this customer expects to be allocated further cities under a government sponsored and investment funded energy management contract (Emc). The Board understands that the potential contract could require replacement levels in excess of five million of units over a three year period.

Kenn Lamb, CEO of Cyan Holdings plc commented:

"I am delighted to announce this follow on order. We have been working with this customer on their initial installations and have developed a hand held unit that will accelerate deployment, but even without this the customer is on track to achieve their target installation rate of 10,000 units per month in this first city. We can see that a further three cities are likely to place orders early in Q4, but it is the breaking news of the imminent release of government funds for EMC contracts that will transform the size of the market for this customer and for Cyan lighting control products. The potential requirement for millions of units in over three years is consistent with our understanding of the size of the lighting market in China and could be transformational in the Company's growth. This is one of a number of active lighting customers in China and India, which together promise to deliver significant revenue growth. I am pleased to announce that first half 2011 revenues will exceed revenues for the whole of 2010 despite this being only the very beginnings of the expected revenue growth curve."

Nice candle with volume.

Trading Update for the First Half of 2011

Cyan (AIM:CYAN), the integrated system design company delivering mesh based flexible wireless solutions for lighting control, utility metering and industrial telemetry, is pleased to provide the following trading update for the six months ended 30 June 2011.

In the first half of 2011 revenues significantly exceeded revenues for the whole of 2010.

Additionally, Cyan has received a new order for 50,000 units of a legacy product increasing a substantial order backlog. Assuming this backlog of orders, accumulated during the first half of 2011, is delivered within the current financial year, the revenues generated in the second half of this year are likely to be double that shown in the first half and in excess of the total revenues shown in 2009 and 2010 combined.

Kenn Lamb CEO of Cyan Holdings commented:

"I am delighted to be able to report such strong growth in the first half despite the seasonal effects of reduced first quarter trading in China. The revenues and backlog halfway through the year represent the tip of the anticipated growth curve and we expect bookings in the second half to be stronger than those in the first half.

"The backlog represents only the initial orders for initial projects of existing customers, who prefer to place regular orders that match the rate of installation and not a single order for the total opportunity. Whilst we are targeting orders from new customers during the second half of 2011, additionally, we expect significant repeat orders for initial projects from existing customers, as well as new orders from existing customers for new projects. Added to this we expect to enjoy a run of orders from a pipeline of new customers.

"These factors should support a faster rate of growth in the second half than we have experienced during the first half of 2011."

Interim Results.

Highlights


Turnover of 220,277 was up significantly on H1 2010 (H1 2010: 66,207).

Successful fund raising of circa 1.1 million (net of expenses).

Increased number of orders from the Chinese lighting market and a high probability of orders from the Indian metering market

Prospects in the Indian Electricity metering market substantially improved over the last 6 months.

The Chinese lighting market has been transformed by the introduction of Energy Management Contracts (EMC) which provide access to Government funding through investment in new EMC companies.

RNS Number : 9201Q

Cyan Holdings Plc

27 October 2011

27 October 2011

Cyan Holdings Plc

("Cyan" or "the Company")

Strategic Agreement with Shanghai Yaming Lighting Company

Cyan Holdings Plc (AIM:CYAN.L), the integrated system design company delivering mesh based flexible wireless solutions for lighting control, utility metering and industrial telemetry announces that it has signed a strategic partnership agreement with the Shanghai Yaming Lighting Co., Ltd 'Yaming'.

Yaming is a well respected and long established lighting company that claims to be the largest manufacturer of Street Lighting sold in China. Established in 1923, Yaming has 87 years of experience in lighting development and has several subsidiary companies and operates as part of several joint ventures.

A new Yaming Emc (Energy Management Contract) company has been seeking a wireless control partner for its HPS (High Pressure Sodium) and HID (High Intensity Discharge) and LED Lighting Products. Cyan has been chosen by Yaming to be that partner.

Yaming's long history, the size of the company and its reputation for quality puts Yaming in a strong position to win future EMC lighting contracts across China, and Cyan is delighted that Yaming has selected Cyan's CyLux lighting control technology.

Yaming has already purchased a number of CyLux controllers that have been installed in Yaming lights for a pilot installation used to demonstrate the working product to municipality officials. Other controllers have been purchased so that the entire assembly can be put through accelerated life tests and meet Yaming quality standards. These products are scheduled to commence production shipments in February 2012.

Cyan has signed an agreement to co-operate in the addition of further customer requested features into the Cyan lighting management system and to modify the graphics to feature Yaming Branding.

Kenn Lamb, CEO of Cyan Holdings Plc commented:

"We have worked hard for some time to secure this strategic partnership, as we believe that it positions us well for future growth in the Chinese street lighting market. Yaming is likely to be awarded a significant portion of future EMC's and, as such, we look forward to Yaming winning large contracts for its wireless lighting control product. Yaming's selection of Cyan is expected to have a positive influence on other companies seeking a wireless lighting control solution."

Up 36% atm RSI looking a bit over cooked.

Substantial Developments in the Indian Smart Metering Electricity Market

Leading Supplier Status for Indian Market

New Tender for 1.5M Units Released

Short Term 200K Unit Opportunity

Mind the gap - now +44%.

INDIAN SUMMER FOR CYAN

Cyan Holdings, which provides wireless solutions for lighting control and other sectors, has been confirmed as a leading supplier of a smart metering solution for the Indian market.
The Cambridge UK business was the only company at the Smart Energy Conference in Delhi to demonstrate a live metering installation that conformed to the specifications as published by India's Central Electricity Authority (CEA).
The CEA is an attached office of the Ministry of Power, which set up a committee to finalise the specification of single-phase electricity meters for India's advanced metering infrastructure and has published a report which refers to a 200 million meter requirement in India.
The committee to which Cyan demonstrated at the show comprised representatives from electricity utilities, meter manufacturers, component manufacturers and India's standards bodies.

This may be good news, but CYAN needs to come home and show it has a grip on matters nearer to home.
The issue in India isn't reading meters . . . they have millions who can do this - it's paying for the infrastructure and finding enough souls to pay for it (and the Electric). I don't think the meter-market is that bouyant, although the Elec-Bosses think of nothing else.

Nearer to home CYAN is a serial disappointer, having a technology that they cannot sell in sufficient volume to repay all that research cost. It might be brilliant stuff, but to make money you have to sell it on.
Sadly this is a common issue with BritUK co's, .....yet, they jet-about trying to sell their wares....

hangon - unfortunately that is largely true - lets see if history repeats itself.

There is also the Chinese market which is huge......the market cap is tiny and this company could be worth about 50 million soon....at the present time just 7 million...: room for the sp to climb a few pennies perhaps ?....

RNS Number : 7759T

Cyan Holdings Plc

12 December 2011

12 December 2011

Cyan Holdings Plc

("Cyan" or "the Company")

Cyan Technology and Wipro enter into an Alliance to help Indian Utility customers implement Advanced Metering Infrastructure

Cyan Holdings Plc (AIM:CYAN.L), the integrated system design company delivering mesh based flexible wireless solutions for lighting control, utility metering and industrial telemetry announces an alliance with Wipro Technologies, the global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE:WIT). Wipro will provide Consulting and IT Services to power utility companies in India deploying wireless meters incorporating CyLec(TM) , Cyan Technology's wireless communication solution for electricity metering. Cyan Technology is an integrated system design company delivering mesh based flexible wireless solutions for utility metering and has become a recognised player in the Indian utility sector.

The alliance with Wipro forms the core of Cyan Technology's approach to building strategic partnerships with key players in India to become a major player in the fast growing Indian electricity metering market. The alliance brings together Wipro's strong track record of success in the energy and utilities space and Cyan's world-class CyLec(TM) solution to provide Advanced Metering Infrastructure (AMI) that offers seamless, robust, end to end wireless communication right from the customer's meter all the way to the utilities' internal IT systems and applications.

Indian utilities can now benefit from the advanced features provided by CyLec(TM) and Wipro's extensive capabilities in the Utilities sector to address the need for immediate and automatic detection of tampering, enable load balancing through remote connect and disconnect, provide live monitoring of energy usage and forecast of energy requirements. Besides, Indian utilities are suffering staggeringly high aggregate technical and commercial (AT&C) losses at 28.4% and they are very keen to adopt solutions that help them reduce these losses that result in lost revenues.

Faced with oncoming challenges such as efficient grid integration of renewable sources for the Indian smart grid, Indian utilities are keen to implement AMI as part of their distribution infrastructure, with typical installations running into a few millions of wireless enabled meters.

"Wipro is a global leader in the Energy and Utilities sector with proven expertise in IT transformational programs and significant domain expertise in the 'Utilities space'." said Bijan Mohandes, Vice President - World Wide Sales and Marketing, Cyan Technology. "We believe that by partnering with Wipro, we can combine their service delivery expertise with Cyan's CyLec(TM) solution to deliver much sought-after benefits to Indian utilities."

Proposed Placings and Notice of General Meeting

Looks like private investors have been shafted - no change there then.

Not too happy with this.....another one I shall now be stuck in....

RNS Number : 0211V

Cyan Holdings Plc

05 January 2012

Cyan Holdings plc

("Cyan" or "the Company")

Directorate Change

For health reasons Kenn Lamb will stand down as CEO and as a board member of Cyan Holdings plc and all other Group companies from 5 January 2012 and will be employed as Chief Strategy Officer for Cyan Holdings plc and Cyan Technology Ltd from that date until 28 February 2013 when he will leave the Company.

The non-executive directors are currently considering the appropriate ongoing structure of the Board and further announcements will be made when appropriate.

Investec > 3%

perhaps the Directors could use this time to find out exactly what their story is so far, so private shareholders can fathom out why the sp always goes down.
I suspect it's a Gravity thing, maybe caused by using Heavy Silicon.

Am I right in thinking this is the only UK-based manufacturer* of silicon chips?

Grief, it's woeful when you think every appliance has at least one in it and cars probably twenty, or more. Each one an Import.

FWIW I discount any excitement in Chinese meter-reading - since China can make their own chips, probably better than we - and certainly a lot faster, so I'd expect any sales to China merely to accelerate the manufacture of copy-cat (or better) which will do Cyan no good at all.... it's like " ... pouring your IP down the drain...."
-ditto- India, S.America: although they "might" respect Patents better(& IP), how on earth can anyone Police it?


IMHO Cyan needs to satisfy a home-market first; to be close to its customer(s) so the product really satisfies real-world needs. Any company that finds it difficult in their "home market" is, IMHO, selling the Wrong Stuff.


* please don't let's get into discussion whether CYAN make the chips themselves
- Rolls Royce makes car, but they don't make the steel from ore.