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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.
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.
required field - 03 Jul 2014 08:02 - 221 of 272
They will probably have to raise some cash.....more dilution...
skinny
- 23 Jul 2014 07:10
- 222 of 272
MOU with Global Meter Vendor
Cyan signs MOU with Global Meter Vendor El Sewedy
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has signed a Memorandum of Understanding ("MOU") with El Sewedy Electrometer India Pvt Ltd ("El Sewedy") to develop, market and deploy integrated smart metering solutions in India and across the globe.
Under the MOU, El Sewedy and Cyan will tender as part of a consortium for a number of smart metering projects in India and other target markets. Cyan's smart metering solution, CyLec, will be integrated with El Sewedy's single-phase smart meters and will support the Open Meter Protocol ("OMP"), which provides an open standard protocol optimised for real-time monitoring and control over wireless mesh networks.
According to El-Sewedy*, the ABS Research-UK Report of 2009 ranked El Sewedy number five in the worldwide metering market, with more than 10 million meters and metering solutions running in more than 20 countries around the world. With group revenues in 2013 of EGP15 billion, El Sewedy employs 2,000 people in seven factories across Egypt, Ghana, Zambia, Ethiopia, Mexico, Brazil and India. El Sewedy is a member of Zaki EL Sewedy Group, which was founded 70 years ago with the aim of upgrading the global energy distribution sector through deploying the latest technologies. El Sewedy primarily sell metering solutions in Europe under the Iskraemeco brand.
John Cronin, Executive Chairman at Cyan, commented: "We are very pleased to be partnering with El Sewedy to provide smart metering technology to their customers in India and other markets. This partnership will also increase the number of qualified meter manufacturers in India using OMP as standard.
"As the Indian market moves to commercial deployments, Cyan is well positioned to support open standards for meter and communication protocols, which is imperative to ensure customers can achieve cost efficiencies and benefit from technological advances."
* http://www.sewedy.in/CompanyProfile.html
Cyan signs MOU with Global Meter Vendor El Sewedy
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has signed a Memorandum of Understanding ("MOU") with El Sewedy Electrometer India Pvt Ltd ("El Sewedy") to develop, market and deploy integrated smart metering solutions in India and across the globe.
Under the MOU, El Sewedy and Cyan will tender as part of a consortium for a number of smart metering projects in India and other target markets. Cyan's smart metering solution, CyLec, will be integrated with El Sewedy's single-phase smart meters and will support the Open Meter Protocol ("OMP"), which provides an open standard protocol optimised for real-time monitoring and control over wireless mesh networks.
According to El-Sewedy*, the ABS Research-UK Report of 2009 ranked El Sewedy number five in the worldwide metering market, with more than 10 million meters and metering solutions running in more than 20 countries around the world. With group revenues in 2013 of EGP15 billion, El Sewedy employs 2,000 people in seven factories across Egypt, Ghana, Zambia, Ethiopia, Mexico, Brazil and India. El Sewedy is a member of Zaki EL Sewedy Group, which was founded 70 years ago with the aim of upgrading the global energy distribution sector through deploying the latest technologies. El Sewedy primarily sell metering solutions in Europe under the Iskraemeco brand.
John Cronin, Executive Chairman at Cyan, commented: "We are very pleased to be partnering with El Sewedy to provide smart metering technology to their customers in India and other markets. This partnership will also increase the number of qualified meter manufacturers in India using OMP as standard.
"As the Indian market moves to commercial deployments, Cyan is well positioned to support open standards for meter and communication protocols, which is imperative to ensure customers can achieve cost efficiencies and benefit from technological advances."
* http://www.sewedy.in/CompanyProfile.html
skinny
- 24 Jul 2014 14:43
- 223 of 272
Cyan receives new lighting order from Chinese customer
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has received a purchase order from its China lighting solutions distributor, Aska Technology Limited ("Aska").
This order is for 15,000 Cyan smart lighting control modules, for 15,000 street lights, as well as the associated licenses for Cyan's server software, with delivery to be complete before the end of the year.
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has received a purchase order from its China lighting solutions distributor, Aska Technology Limited ("Aska").
This order is for 15,000 Cyan smart lighting control modules, for 15,000 street lights, as well as the associated licenses for Cyan's server software, with delivery to be complete before the end of the year.
skinny
- 07 Aug 2014 07:34
- 224 of 272
Award for Technology Innovation
Cyan wins 2014 Frost & Sullivan Award for Technology Innovation Leadership
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has won the 2014 Europe Frost & Sullivan award for Technology Innovation Leadership in developing a smart metering technology for the power sector in emerging economies.
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend toward innovation, its relevance to the industry and the positive impact on brand perception.
Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
Cyan wins 2014 Frost & Sullivan Award for Technology Innovation Leadership
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has won the 2014 Europe Frost & Sullivan award for Technology Innovation Leadership in developing a smart metering technology for the power sector in emerging economies.
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend toward innovation, its relevance to the industry and the positive impact on brand perception.
Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
skinny
- 19 Aug 2014 09:06
- 225 of 272
skinny
- 17 Sep 2014 07:05
- 226 of 272
New Pilot with Indian State-Owned Utility
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that a bidding consortium of 5 companies including Cyan, has deployed a proof of concept pilot of 60 meters to demonstrate Cyan's CyLec Advanced Metering Infrastructure ("AMI") technology with the Indian state-owned utility, Uttar Gujarat Vij Company Ltd ("UGVCL").
The pilot, in Naroda and Deesa, is part of a competitive tender process that began in late 2013 with four other bidding consortia, consisting of technology providers, system integrators and meter manufacturers supplying their AMI solutions for evaluation by the utility. The consortium which includes Cyan technology is believed to be the only one to have demonstrated an interoperable, sub-GHz smart metering solution. If Cyan's consortium is successful, it would represent a major endorsement of the Company's hardware and software and is expected to clearly illustrate the CyLec compelling value proposition for other electricity utilities across the region.
The UGVCL pilot is one of 14 smart grid pilots under the Smart Grid Task Force ("SGTF") in India being run by the Ministry of Power. Whilst no guarantee can be given at this time that the consortium will be successful in converting this pilot into a commercial order, or that UGVCL will roll out AMI on completing its evaluations of the various solutions currently in pilot phase, Cyan is pleased that its technology has already proven its interoperability across two meters supplied by different manufacturers.
In a separate smart metering initiative at the same utility, Cyan was formally invited by UGVCL in April 2014 to install a further 100 meter 865MHz smart metering proof of concept. The pilot letter specification required that the meters be capable of self forming/self healing mesh networking and be capable of being read at a range of at least 100 meters. This pilot has also now been deployed by Cyan, with UGVCL expected to evaluate the results over the next few months.
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that a bidding consortium of 5 companies including Cyan, has deployed a proof of concept pilot of 60 meters to demonstrate Cyan's CyLec Advanced Metering Infrastructure ("AMI") technology with the Indian state-owned utility, Uttar Gujarat Vij Company Ltd ("UGVCL").
The pilot, in Naroda and Deesa, is part of a competitive tender process that began in late 2013 with four other bidding consortia, consisting of technology providers, system integrators and meter manufacturers supplying their AMI solutions for evaluation by the utility. The consortium which includes Cyan technology is believed to be the only one to have demonstrated an interoperable, sub-GHz smart metering solution. If Cyan's consortium is successful, it would represent a major endorsement of the Company's hardware and software and is expected to clearly illustrate the CyLec compelling value proposition for other electricity utilities across the region.
The UGVCL pilot is one of 14 smart grid pilots under the Smart Grid Task Force ("SGTF") in India being run by the Ministry of Power. Whilst no guarantee can be given at this time that the consortium will be successful in converting this pilot into a commercial order, or that UGVCL will roll out AMI on completing its evaluations of the various solutions currently in pilot phase, Cyan is pleased that its technology has already proven its interoperability across two meters supplied by different manufacturers.
In a separate smart metering initiative at the same utility, Cyan was formally invited by UGVCL in April 2014 to install a further 100 meter 865MHz smart metering proof of concept. The pilot letter specification required that the meters be capable of self forming/self healing mesh networking and be capable of being read at a range of at least 100 meters. This pilot has also now been deployed by Cyan, with UGVCL expected to evaluate the results over the next few months.
skinny
- 29 Sep 2014 07:05
- 227 of 272
Interim Results
Financial Highlights
· Turnover of £65,510 (H1 2013: £51,512)
· Operating loss of £1,273,333 (H1 2013: £1,300,060)
· Basic and Diluted Loss Per Share of 0.03p (H1 2013: 0.05p)
· Cash and cash equivalents at 30 June 2014 of £716,786 (H1 2013: £1,725,948)
Operational Highlights
· First commercial order for retrofit smart metering solutions for Essel Utilities in India
· First pilot deployment of a retrofit smart metering solution in Brazil
· Deployment of pilots at two Tier 1 utilities with partner Nobre de la Torre in Brazil
· Teaming agreement signed with the M2M unit of Vodafone
· Board significantly strengthened with appointments of Harry Berry and Peter Mainz
· Meeting hosted in Cambridge with Chinese Minister Counsellor Zhou
Post Period Highlights
· First commercial order for smart metering solutions for Tata Power Mumbai, India
· Commercial order for 15,000 smart lighting modules in China from Aska Technology Ltd
· Second pilot deployment of a retrofit smart metering solution in Brazil
· MoU signed with global meter vendor El-Sewedy
· MoUs signed with Ecolibrium Energy & Innologix to build out India partner eco-system
· Teaming agreement signed with Gridsense Inc
· Partnership agreement signed with Dinsmore and Associates
· Award received from Frost & Sullivan for Technology Innovation Leadership
· Presentation delivered at India Utility Regulators & Policymakers Retreat, 2014 in Goa
· Placing completed to raise £3.5 million
John Cronin, Executive Chairman, commented:
"I am pleased to report that Cyan is now in the process of deploying our smart metering and lighting solutions in India, Brazil and China. The two orders we received in June and July for smart metering deployments at Tata Power Mumbai and Essel Utilities in India were quickly followed by a substantial smart lighting order from China. Additionally Cyan has now deployed multiple pilots in Brazil and opened up an additional emerging market opportunity in South Africa.
"Having raised significant additional funding from shareholders a few weeks ago, we are now very well positioned to exploit the commercial opportunity for Cyan's solutions in emerging markets across the globe and I look forward to delivering further positive news to shareholders in due course."
Financial Highlights
· Turnover of £65,510 (H1 2013: £51,512)
· Operating loss of £1,273,333 (H1 2013: £1,300,060)
· Basic and Diluted Loss Per Share of 0.03p (H1 2013: 0.05p)
· Cash and cash equivalents at 30 June 2014 of £716,786 (H1 2013: £1,725,948)
Operational Highlights
· First commercial order for retrofit smart metering solutions for Essel Utilities in India
· First pilot deployment of a retrofit smart metering solution in Brazil
· Deployment of pilots at two Tier 1 utilities with partner Nobre de la Torre in Brazil
· Teaming agreement signed with the M2M unit of Vodafone
· Board significantly strengthened with appointments of Harry Berry and Peter Mainz
· Meeting hosted in Cambridge with Chinese Minister Counsellor Zhou
Post Period Highlights
· First commercial order for smart metering solutions for Tata Power Mumbai, India
· Commercial order for 15,000 smart lighting modules in China from Aska Technology Ltd
· Second pilot deployment of a retrofit smart metering solution in Brazil
· MoU signed with global meter vendor El-Sewedy
· MoUs signed with Ecolibrium Energy & Innologix to build out India partner eco-system
· Teaming agreement signed with Gridsense Inc
· Partnership agreement signed with Dinsmore and Associates
· Award received from Frost & Sullivan for Technology Innovation Leadership
· Presentation delivered at India Utility Regulators & Policymakers Retreat, 2014 in Goa
· Placing completed to raise £3.5 million
John Cronin, Executive Chairman, commented:
"I am pleased to report that Cyan is now in the process of deploying our smart metering and lighting solutions in India, Brazil and China. The two orders we received in June and July for smart metering deployments at Tata Power Mumbai and Essel Utilities in India were quickly followed by a substantial smart lighting order from China. Additionally Cyan has now deployed multiple pilots in Brazil and opened up an additional emerging market opportunity in South Africa.
"Having raised significant additional funding from shareholders a few weeks ago, we are now very well positioned to exploit the commercial opportunity for Cyan's solutions in emerging markets across the globe and I look forward to delivering further positive news to shareholders in due course."
skinny
- 18 Dec 2014 08:30
- 228 of 272
Brazil smart metering order
Cyan Holdings (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has received a purchase order from the local contract equipment manufacturer selected by its strategic partner in Brazil, Nobre de la Torre ("Nobre").
This order is for 1,000 CyLec retrofit modules, 25 CyLec Data Concentrator Units and other smart meter components to fulfil Nobre's commitment to manufacture and stock enough bespoke retrofit units for its planned pilots with Tier 1 Brazil utilities, as well as enable them to fulfil smaller orders on short notice across the country.
Cyan Holdings (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has received a purchase order from the local contract equipment manufacturer selected by its strategic partner in Brazil, Nobre de la Torre ("Nobre").
This order is for 1,000 CyLec retrofit modules, 25 CyLec Data Concentrator Units and other smart meter components to fulfil Nobre's commitment to manufacture and stock enough bespoke retrofit units for its planned pilots with Tier 1 Brazil utilities, as well as enable them to fulfil smaller orders on short notice across the country.
required field - 06 Jan 2015 14:35 - 229 of 272
I reckon that some serious sp surges are going to happen here this year !....as the sp reacts very sharply to any contracts....
skinny
- 22 Jan 2015 07:57
- 230 of 272
GBP1m Purchase Order Released 07:00 22-Jan-2015
£1M order for public utility smart metering project in India
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces receipt of a purchase order worth approximately £1 million from Enzen Global Solutions Pvt Ltd ("Enzen") for a large pilot project being implemented for Chamundeshwari Electricity Supply Corporation Limited ("CESC"), Mysore, Karnataka in southwest India.
HIGHLIGHTS
· Cyan will supply over 21,000 smart meters and associated hardware and software
· Cyan will act as Enzen's end-to-end solution provider for smart metering
· First meters expected to go live before the end of 2015 and full rollout expected to complete in the first half of 2016
· Cyan will manage the entire supply chain using local meter manufacturers
· Cyan will provide facility management services for a period of 2 years post deployment
· Cyan's management believes this is the first commercial implementation of Advanced Metering Infrastructure ("AMI") technology by a public utility for consumers in India
· CESC distributes power to more than 1.5 million domestic customers in India
The purchase order from Enzen, worth INR 95 million (approximately £1 million), is for a project to be implemented for CESC. CESC is a public utility with responsibility for power distribution to more than 1.5 million domestic customers across five districts of Karnataka: Chamarajanagar, Mandya, Hassan, Kodagu and Mysore. CESC is implementing an AMI solution designed to reduce the cost of meter reading and aggregate technical and commercial losses, as well as to improve peak load and power outage management. Enzen is a global energy and environment company providing high-end solutions to the energy and utilities industries.
In April 2014, Enzen was awarded a contract to provide energy infrastructure solutions to CESC and Cyan will act as Enzen's end-to-end solution provider for the smart metering elements of the contract. Cyan will supply its 865MHz RF mesh communication network (including the modules, data concentrator units and head end software), a Meter Data Acquisition System and 21,824 smart meters. Cyan will manage the supply chain through local meter manufacturer partners. In addition, Cyan will provide facility management services to CESC in Mysore for a period of two years post deployment, which is expected to represent around 10% of the order value. The project is expected to go live in phases with the first meters installed, commissioned and live before the end of 2015 and the remainder live in the first half of 2016.
The project is the first of 14 smart grid pilots under the Smart Grid Task Force in India being funded by India's Ministry of Power to be rolled out. Cyan's management believes that this is the first commercial implementation of AMI technology by a public utility for consumers in India.
John Cronin, Executive Chairman, commented: "We are delighted to have our first commercial order for a public utility in India, following our two private utility project wins at Tata Power and Essel Utilities last year. The order for the CESC project, one of the 14 smart grid pilot projects in India, will provide substantial credibility for Cyan's CyLec solution amongst government-owned utilities as well as the wider energy distribution market. Furthermore, it will act as an authoritative reference to opportunities in India and across Asia.
"CyLec has been developed to address the requirements of utilities in next-generation economies, of which India is one of the leaders; India has a growing population and 300 million without power* The Indian government has committed to spend billions of dollars on smart grid infrastructure, according to a new report from Northeast Group. The report forecasts that over the period 2015-2025 the cumulative spend will be $21.6 billion**. At present, India has 200 million legacy meters currently deployed and it is estimated it will install 130 million smart meters by 2021***. We look forward to building further on our market leading position and taking a significant role in this technological evolution."
*Source: http://www.hindustantimes.com/analysis/turn-the-light-on-innovation-and-investment/article1-1260113.aspx
**Source: http://www.prnewswire.com/news-releases/india-to-spend-216-billion-on-smart-grid-infrastructure-by-2025-300021970.html
*** Source: http://asian-power.com/sites/default/files/asianpower/print/APMay_2013_lr_12.pdf
£1M order for public utility smart metering project in India
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces receipt of a purchase order worth approximately £1 million from Enzen Global Solutions Pvt Ltd ("Enzen") for a large pilot project being implemented for Chamundeshwari Electricity Supply Corporation Limited ("CESC"), Mysore, Karnataka in southwest India.
HIGHLIGHTS
· Cyan will supply over 21,000 smart meters and associated hardware and software
· Cyan will act as Enzen's end-to-end solution provider for smart metering
· First meters expected to go live before the end of 2015 and full rollout expected to complete in the first half of 2016
· Cyan will manage the entire supply chain using local meter manufacturers
· Cyan will provide facility management services for a period of 2 years post deployment
· Cyan's management believes this is the first commercial implementation of Advanced Metering Infrastructure ("AMI") technology by a public utility for consumers in India
· CESC distributes power to more than 1.5 million domestic customers in India
The purchase order from Enzen, worth INR 95 million (approximately £1 million), is for a project to be implemented for CESC. CESC is a public utility with responsibility for power distribution to more than 1.5 million domestic customers across five districts of Karnataka: Chamarajanagar, Mandya, Hassan, Kodagu and Mysore. CESC is implementing an AMI solution designed to reduce the cost of meter reading and aggregate technical and commercial losses, as well as to improve peak load and power outage management. Enzen is a global energy and environment company providing high-end solutions to the energy and utilities industries.
In April 2014, Enzen was awarded a contract to provide energy infrastructure solutions to CESC and Cyan will act as Enzen's end-to-end solution provider for the smart metering elements of the contract. Cyan will supply its 865MHz RF mesh communication network (including the modules, data concentrator units and head end software), a Meter Data Acquisition System and 21,824 smart meters. Cyan will manage the supply chain through local meter manufacturer partners. In addition, Cyan will provide facility management services to CESC in Mysore for a period of two years post deployment, which is expected to represent around 10% of the order value. The project is expected to go live in phases with the first meters installed, commissioned and live before the end of 2015 and the remainder live in the first half of 2016.
The project is the first of 14 smart grid pilots under the Smart Grid Task Force in India being funded by India's Ministry of Power to be rolled out. Cyan's management believes that this is the first commercial implementation of AMI technology by a public utility for consumers in India.
John Cronin, Executive Chairman, commented: "We are delighted to have our first commercial order for a public utility in India, following our two private utility project wins at Tata Power and Essel Utilities last year. The order for the CESC project, one of the 14 smart grid pilot projects in India, will provide substantial credibility for Cyan's CyLec solution amongst government-owned utilities as well as the wider energy distribution market. Furthermore, it will act as an authoritative reference to opportunities in India and across Asia.
"CyLec has been developed to address the requirements of utilities in next-generation economies, of which India is one of the leaders; India has a growing population and 300 million without power* The Indian government has committed to spend billions of dollars on smart grid infrastructure, according to a new report from Northeast Group. The report forecasts that over the period 2015-2025 the cumulative spend will be $21.6 billion**. At present, India has 200 million legacy meters currently deployed and it is estimated it will install 130 million smart meters by 2021***. We look forward to building further on our market leading position and taking a significant role in this technological evolution."
*Source: http://www.hindustantimes.com/analysis/turn-the-light-on-innovation-and-investment/article1-1260113.aspx
**Source: http://www.prnewswire.com/news-releases/india-to-spend-216-billion-on-smart-grid-infrastructure-by-2025-300021970.html
*** Source: http://asian-power.com/sites/default/files/asianpower/print/APMay_2013_lr_12.pdf
required field - 22 Jan 2015 10:04 - 231 of 272
Yep !...and this is just the start !.....more to come....
js8106455 - 22 Jan 2015 10:43 - 232 of 272
Watch: John Cronin, Exec Chairman, Cyan Holdings - GBP1M order for public utility smart metering project in India
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skinny
- 22 Jan 2015 13:03
- 233 of 272
I've still got quite a few of these left, but having just checked - I bought again @0.19p and sold 2 weeks later @0.61p - I'm now almost at break even on my initial purchase @0.96p.
required field - 23 Jan 2015 08:53 - 234 of 272
I reckon this company is about to take off....it's been a long time coming, but a good flow of orders this year is going to make all the difference !...
js8106455 - 26 Jan 2015 09:22 - 235 of 272
skinny
- 02 Feb 2015 12:45
- 236 of 272
Cyan Wins Innovation of the Year Award
Recognised by industry leaders at top UK event.
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has won the Innovation of the Year Award 2015 at the 6th annual Smart Energy UK & Europe Awards for its CyLec® smart metering solution designed for the power sector in next-generation economies.
Judges felt that Cyan had contributed greatly to the formation of Advanced Metering Infrastructure by enabling wireless data transmission to utilities. Cyan's CyLec solution is based on its wireless mesh networking platform, enabling the measurement and control of energy consumption for the metering market, supporting the reduction of energy losses as well as revenue assurance.
John Cronin, Executive Chairman for Cyan, commented: "It is a great honour to receive this prestigious award in recognition of Cyan's innovation in next-generation smart grids, empowering consumers to manage their energy consumption. We are very proud of the progress we have made within these markets, and optimistic about the future of smart metering in fast-growing economies. We have worked hard to create innovative solutions tailored to the specific environmental and economic conditions in which they are deployed and is great to see our hard work recognised by such a respected institution."
The European Smart Metering Awards are an initiative of Oliver Kinross aimed at recognising the achievements of solution providers and utilities. All award entries were assessed and judged upon by an independent panel of industry experts from utility companies across Europe.
The awards were presented at the 6th Smart Energy UK & Europe Awards (formerly known as the Smart Metering UK & Europe Summit), Europe's leading gathering for Smart Metering, Utilities and Grids professionals from around the world.
Recognised by industry leaders at top UK event.
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has won the Innovation of the Year Award 2015 at the 6th annual Smart Energy UK & Europe Awards for its CyLec® smart metering solution designed for the power sector in next-generation economies.
Judges felt that Cyan had contributed greatly to the formation of Advanced Metering Infrastructure by enabling wireless data transmission to utilities. Cyan's CyLec solution is based on its wireless mesh networking platform, enabling the measurement and control of energy consumption for the metering market, supporting the reduction of energy losses as well as revenue assurance.
John Cronin, Executive Chairman for Cyan, commented: "It is a great honour to receive this prestigious award in recognition of Cyan's innovation in next-generation smart grids, empowering consumers to manage their energy consumption. We are very proud of the progress we have made within these markets, and optimistic about the future of smart metering in fast-growing economies. We have worked hard to create innovative solutions tailored to the specific environmental and economic conditions in which they are deployed and is great to see our hard work recognised by such a respected institution."
The European Smart Metering Awards are an initiative of Oliver Kinross aimed at recognising the achievements of solution providers and utilities. All award entries were assessed and judged upon by an independent panel of industry experts from utility companies across Europe.
The awards were presented at the 6th Smart Energy UK & Europe Awards (formerly known as the Smart Metering UK & Europe Summit), Europe's leading gathering for Smart Metering, Utilities and Grids professionals from around the world.
skinny
- 24 Mar 2015 07:09
- 237 of 272
Proof of Concept Order and Distribution Agreement
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has signed a non-exclusive distribution agreement with XLink Communications (Pty) Ltd ("XLink") to distribute Cyan's smart metering and lighting solutions as well as related Internet of Things applications in South Africa.
XLink currently manages Machine to Machine ("M2M") solutions for over 68,000 businesses in Africa, facilitating 35 million M2M connections through the XLink Portal monthly. XLink, recognised by Frost & Sullivan in 2014 for its technology best practice in M2M, aims to be the market leader in the provision of wireless data M2M communication services and solutions throughout Africa and globally.
XLink will distribute Cyan's smart energy communication technology, which enables the measurement and control of energy consumption for the metering and lighting markets, helping to increase energy security and reduce costs. In addition, XLink will provide technical, field-based system integration and technical support for the deployment of Cyan's technology across South Africa. XLink are experienced in the deployment of infrastructure assets and associated projects for the energy, M2M and telecoms sectors.
The agreement includes an initial order for Cyan's smart metering hardware and software, CyLec, for a 100 unit Proof of Concept project in South Africa. XLink's technical support team will deploy this project in the first half of 2015, for a leading provider of energy management systems, to demonstrate and evaluate the benefits delivered by CyLec.
more....
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has signed a non-exclusive distribution agreement with XLink Communications (Pty) Ltd ("XLink") to distribute Cyan's smart metering and lighting solutions as well as related Internet of Things applications in South Africa.
XLink currently manages Machine to Machine ("M2M") solutions for over 68,000 businesses in Africa, facilitating 35 million M2M connections through the XLink Portal monthly. XLink, recognised by Frost & Sullivan in 2014 for its technology best practice in M2M, aims to be the market leader in the provision of wireless data M2M communication services and solutions throughout Africa and globally.
XLink will distribute Cyan's smart energy communication technology, which enables the measurement and control of energy consumption for the metering and lighting markets, helping to increase energy security and reduce costs. In addition, XLink will provide technical, field-based system integration and technical support for the deployment of Cyan's technology across South Africa. XLink are experienced in the deployment of infrastructure assets and associated projects for the energy, M2M and telecoms sectors.
The agreement includes an initial order for Cyan's smart metering hardware and software, CyLec, for a 100 unit Proof of Concept project in South Africa. XLink's technical support team will deploy this project in the first half of 2015, for a leading provider of energy management systems, to demonstrate and evaluate the benefits delivered by CyLec.
more....
Bullshare
- 02 Apr 2015 16:37
- 238 of 272
Shares Investor Evenings showcase up to four presentations from leading companies bringing them together in one room for one evening only.
Directors present their latest plans regarding development and growthAn opportunity to talk directly to the companies and personally put forward your questionsThe chance to network with other attendees over drinks and canapés - private investors, wealth managers, private client brokers, fund managers and financial institutionsThe evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.
Date:Wednesday 29th April 2015
Venue:Novotel Tower Bridge, London EC3N, 10 Pepys Street, London, EC3N 2NR
Event Timings:| 18.00 | Registration and coffee | |
| 18.30 | Presentations • John Cronin, Executive Chairman - Cyan Technology (CYAN) • Crispin Simon, CEO - REX Bionics (RXB) • Jog Dhody, CFO - Regenersis (RGS) • Dr. Satu Vainikka, CEO - Valirx (VAL) | |
| 20.30 | Drinks reception and canapés | |
| 21.30 | Close |
Attendance is free, but spaces are limited. Register now to secure your place!
Cyan Technology (CYAN)
 | Cyan is an integrated system design company headquartered in Cambridge, with customers, staff and partners across many of the world’s largest emerging markets. It provides a communication platform that enables the measurement and control of energy consumption for smart metering and lighting. Cyan is focussed on emerging markets, where it’s low cost, low power solution provides significant customer benefits. It delivers integrated solutions to utilities, municipalities and local authorities, with customer wins to date in India, Brazil and China |
Regenersis (RGS)
 | Regenersis is a leading, strategic outsourcing partner to the world’s premier consumer technology brands. Regenersis has built an increasingly global network of repair centres, delivered double digit revenue and profit growth, through cross-sell related services to major OEMs and network operators. In addition, the Group has traction with its scalable, high margin Advanced Solutions offering across the mobile and set top box markets. |
REX Bionics (RXB)
 | Rex Bionics Plc (The Rex Bionics Group) is the global technology leader in robotic walking devices (REX). Uniquely, REX® provides independent mobility to wheelchair users and other mobility impaired persons using advanced robotic technology, custom-designed electromechanical actuators, precision engineering, and specialised networking systems. Today there are two primary REX devices available; an adjustable REX Rehab for use in rehabilitation centres, and a streamlined, fit-for-purpose REX Personal made for each individual’s specific medical and physical requirements enabling the user to perform tasks and functions previously unavailable. Rex Bionics is a rapidly growing, exciting, innovative organisation which is proud to provide advanced robotics technology to people everywhere. |
Valirx (VAL)
 | Valirx Plc is an oncology-focussed Biopharmaceutical Company, developing treatments and diagnostics. Technologies are selected by using rigorous clinical and commercial processes to address unmet market needs. Clinical lead product is VAL201, a peptide for prostate cancer with follow-on indications in ovarian and breast cancers and endometriosis. Product VAL401, is a small molecule reformulation for lung cancers. The Company’s proprietary technology platform, GeneICE, enables selective silencing of rebellious genes’ inappropriate activity. VAL101, the first GeneICE therapeutic, targets and reduces expression of Bcl-2, implicated in about half of cancers. GeneICE extension to neurology and inflammatory diseases will follow. A novel diagnostic, the Nav3 system, detects pre-cancerous, cancerous and metastatic cells in tissue samples even before a tumour forms; indicating potential malignant formation. |
skinny
- 16 Apr 2015 07:03
- 239 of 272
Project Success at Tata Power in India
Tata Power Successfully Implements Cyan Smart Metering Solution
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has successfully deployed what the directors believe to be is the first 865MHz Advanced Metering Infrastructure ("AMI") commercial volume project in India.
more...
Tata Power Successfully Implements Cyan Smart Metering Solution
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has successfully deployed what the directors believe to be is the first 865MHz Advanced Metering Infrastructure ("AMI") commercial volume project in India.
more...
required field - 16 Apr 2015 09:27 - 240 of 272
Good progress....long may it continue.....many more contracts/sales to come....
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