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CYAN Technology of flexible solutions for the Future (CYAN)     

Master RSI - 28 Jul 2010 12:29

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.

Chart.aspx?Provider=EODIntra&Code=CYAN&S

skinny - 30 Nov 2011 12:46 - 89 of 272

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.

hangon - 30 Nov 2011 12:56 - 90 of 272

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....

skinny - 30 Nov 2011 17:36 - 91 of 272

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

required field - 01 Dec 2011 20:10 - 92 of 272

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 ?....

skinny - 12 Dec 2011 10:01 - 93 of 272

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."

skinny - 15 Dec 2011 15:30 - 94 of 272

Proposed Placings and Notice of General Meeting

skinny - 15 Dec 2011 15:59 - 95 of 272

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

required field - 16 Dec 2011 08:42 - 96 of 272

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

skinny - 05 Jan 2012 07:07 - 97 of 272

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.

skinny - 10 Jan 2012 10:21 - 98 of 272

Investec > 3%

hangon - 10 Jan 2012 14:00 - 99 of 272

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.

required field - 10 Jan 2012 14:07 - 100 of 272

No...PVCS is one...IQE...another....

skinny - 10 Jan 2012 14:28 - 101 of 272

hangon - methinks you have the wrong company. Cyan Technology.

skinny - 16 Jan 2012 07:57 - 102 of 272

Further Developments in the Chinese Lighting Market

skinny - 31 Jan 2012 06:13 - 103 of 272

30 January 2012

Cyan Holdings plc

Directors' Share Purchase Scheme

Further to the Companies circular dated 1 September 2010, in the interests of retaining cash within the Company, Simon Smith has agreed to join the Company's Directors' Share Purchase Scheme whereby he will use a proportion of his income to purchase newly issued shares on a monthly basis. The amount agreed on will be GBP1,041.67 per month which represents 25% of his gross pay.

This purchase will take place on the 1(st) day of each month, with the number of shares purchased being determined by the closing mid-market share price of the ordinary shares on the trading day immediately prior to the issue of the ordinary shares.

Total Voting Rights and Block Listing Information

Further to the Company's circular dated 1 September 2010 and the announcements referring to the block listings on 28 October 2010 and 6 July 2011, and the issue of ordinary shares of 0.01p each in the Company since that time, the Company confirms that it has 1,613,621,471 ordinary shares of 0.01p each in issue. Below is an interim review for the block listings.

skinny - 14 Feb 2012 07:14 - 104 of 272

RNS Reach

14 February 2012

Cyan Holdings plc

("Cyan" or the "Company")

Update on TNEB Tender

-- TNEB 1.5 million tender submission date extended to 20 February 2012
-- Expected to mean that the number of meters submitted which incorporate Cyan's CyLec technology will be higher than originally anticipated

-- Board will update investors when further information becomes available
Cyan Holdings plc (AIM:CYAN.L), the integrated system design company delivering wireless solutions for lighting control and utility metering today gives an update regarding the Tamil Nadu Electricity Board (TNEB) Automatic Meter Reading tender.

TNEB is one of the largest electricity distributors in India. In November, it published a tender for the supply of 1.5 million meters as part of its consumer network upgrade programme. This represents the first phase in what is anticipated to be a total upgrade programme of 18 million meters.

Cyan has received information that TNEB has agreed to extend the deadline for submission of samples to 20 February 2012, a further 10 day extension to the original closing date of 10 February 2012.

Cyan is confident that two Indian metering manufacturers, both main suppliers of TNEB, have CyLec compliant meters ready to submit and understands that several other manufacturers of CyLec interoperable meters will now also be in a position to meet the new deadline.

Bijan Mohandes, VP Worldwide Sales and Marketing at Cyan commented, "The extension to the tender submission deadline was unexpected however it does benefit Cyan as we understand it will allow a greater number of CyLec interoperable meters to be fully developed and submitted. We believe this tender represents a significant opportunity for Cyan over the next five years and we will update shareholders as further information becomes available."

skinny - 21 Feb 2012 08:53 - 105 of 272

Cyan Holdings plc
("Cyan" or the "Company")

Strategic Partnership Agreement with Larsen & Toubro


Cyan Holdings and Larsen & Toubro (L&T) enter into Strategic Partnership Agreement to provide Indian Utility customers with AMI Advanced Metering Infrastructure products.


Cyan Holdings plc (AIM:CYAN.L), the integrated system design company delivering wireless solutions for lighting control and utility metering has formed a strategic partnership with L&T to collaborate in the development, supply and delivery of Advanced Metering solutions comprising utility meters equipped with Cyan's wireless communication capability for AMI, Smart Metering and Smart Grid Pilot projects.

"L&T is a recognised leader in the Energy and Utilities sector with proven products and a tier 1 reputation" said Bijan Mohandes, Vice President - World Wide Sales and Marketing, Cyan Technology. "We are very pleased to be partnering with L&T. By using Cyan's wireless modules incorporating CyLec, L&T Meters will be capable of interoperable two-way communication and remote collection of metering data and control of the meters."

Both parties have identified a number of projects in India where there is a need for 865MHz based interoperable Wireless AMI with a short term requirement for end to end communications enabling remote tamper detection and reporting. The parties have entered into this strategic alliance as they believe that thistechnology is likely to become a major factor in the fast growing Indian electricity metering market.

The alliance with L&T is in line with Cyan's strategy of building strategic partnerships with key established players in India.

Larsen and Toubro Limited, is a company existing under the Companies Act 1956 , having its registered office at L&T House, Ballard Estate Mumbai 400001, operating through its Metering & Protection Systems Business Unit having its office at Mysore Campus, KIADB Industrial Area, Hebbal-Hootagalli, Mysore, 570 018, India ("L&T").

CyLec is a trademark of Cyan Technology Ltd.

skinny - 21 Feb 2012 09:58 - 106 of 272

L&G (From 9% to 11%)

skinny - 07 Mar 2012 07:30 - 107 of 272

Cyan Holdings plc
("Cyan" or the "Company")
Update on TNEB Tender

· Cyan has been informed that 16 companies have submitted proposals, 5 based on Cyan's CyLec® technology
· Cyan believes that the vast majority of the other companies are not able to meet all the requirements of the tender

Cyan Holdings plc (AIM:CYAN.L), the integrated system design company delivering wireless solutions for lighting control and utility metering today gives an update regarding the Tamil Nadu Electricity Board (TNEB) Automatic Meter Reading tender.

TNEB is one of the largest electricity distributors in India. In November, it published a tender for the supply of 1.5 million meters as part of its consumer network upgrade programme. This represents the first phase in what is anticipated to be a total upgrade programme of 18 million meters.

The submission process for the tender is now complete and Cyan understands that a total of 16 companies have submitted units; 5 of these companies have submitted meters containing Cyan CyLec technology, two of whom are suppliers to TNEB.

TNEB will now carry out a full compliance check on all the documents provided at the submission. Cyan is told this is underway and will take 10 days to complete. The submitted meters will be sent to the certification authority in India. The Company is informed that this process of verification will take up to 2 months. In parallel, there will be pilots run to check the operational functionality of all submitted equipment, for a minimum of 2 months.

Bijan Mohandes, VP Worldwide Sales and Marketing at Cyan commented:

"The submission phase of the tender process is now complete and we are in a strong position with 5 of the 16 candidates submitting meters containing CyLec technology, including two suppliers to TNEB. We expect the outcome of the tender to be announced within the next two months and look forward to updating shareholders as further information becomes available."

skinny - 02 Apr 2012 07:24 - 108 of 272

Preliminary Results

for the year ended 31 December 2011

Cyan Holdings plc (AIM: CYAN.L), the integrated system design company delivering wireless solutions for lighting control, utility metering and industrial telemetry announces its audited full year results for the year ended 31(st) December 2011.

Key achievements

-- Strategic partnership with China's largest street lighting manufacturer
-- Strategic agreement with major Indian supplier of IT services to power utilities

-- Substantial follow on orders from Chinese public lighting authority for tens of thousands of units

-- Equity fund raisings during the year of GBP2.0M net to position for substantial growth opportunities

-- Design wins for CyLec product in several major Indian electricity meter suppliers

-- Successful metering trial and demonstration of 150 plus meter installations in Noida suburb of Delhi

-- Demonstration of live metering installation at International Smart Energy Conference in Delhi

Financial highlights

-- Substantial increase in revenue during 2011 to GBP455,591 (2010: GBP139,047)
-- Operating loss for the year of GBP3,499,499 (2010: GBP2,954,055)
-- Cash balance at end of year GBP364,590 (2010: GBP1,484,437)

Post period end highlights

-- Equity fund raising of a further GBP1.5M net in January 2012, with warrants attached giving potential further investment of GBP2.4M by July 2012

-- Five Indian meter suppliers submit CyLec based meters for TNEB project for 1.5M units, the positive outcome of which would be transformational for Cyan

-- John Cronin appointed as non-executive director to Cyan Board and will take over from John Read as Executive Chairman at the Company's AGM in May

Dr John Read, Chairman of Cyan, commented:

"2011 was a strong year for relationship building and pilot demonstrations of Cyan products. We have secured strategic partnerships with majors in both of our key markets, China and India, and on both sides of our product range. These agreements are expected to result in significant orders for the company in due course.

"We have seen follow on orders from China's main Government authority on street lighting, now into the tens of thousands, with the opportunity for eventual orders to total many millions of units. This stands out amongst a number of smaller but nonetheless important orders.

"We are extremely well positioned to exploit significant opportunities in our target markets of metering and lighting in both India and China respectively. Similarly we have the right product range to be seen as the optimum choice in any bidding situation for which we put ourselves forward. The Board is therefore confident that 2012 will be Cyan's most successful year to date."
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