Cyan Holdings Plc CyanConnode recognised for innovation excellence

TIDMCYAN

Cyan Holdings Plc

26 September 2016

Cyan Holdings plc

("CyanConnode" or the "Group")

CyanConnode recognised for innovation excellence

CyanConnode, the world leader in narrowband RF networks for Omni IoT communications, has been recognised at the Independent Power Producers Association of India ("IPPAI") Power Awards for providing one of the industry's best smart metering innovations.

The company has successfully deployed smart metering solutions in a highly competitive business environment and has built strong partner ecosystems within its target markets, helping to retain its position at the top of the industry, as well as to attract new customers. CyanConnode's innovation was recognised for its low implementation costs, successful customer deployments (including Tata Power, CESC and PVVNL) and scope for future development.

The award was presented at the Regulators & Policymakers Retreat in Goa India, organised by IPPAI. CyanConnode's Executive Chairman, John Cronin, presented at the event and also accepted this prestigious award.

John commented: "We take an enormous amount of pride in consistently delivering high levels of value through our innovative technology and strategic partnerships, which enable the transfer of skills and local wealth generation. CyanConnode's customers in emerging markets are realising the benefits of its innovative solutions - addressing real challenges today and future proofing systems for tomorrow."

CyanConnode provides narrowband RF mesh technology globally. Its Ultimesh solutions are optimised for exceptional performance and total cost of ownership. Ultimesh includes hardware, software and network management - by understanding all the elements of the end-to-end solution CyanConnode is able to increase the performance of its technology.

CyanConnode uses sub GHz frequencies that maximise the range of its low power network and provides excellent penetration through obstructions, such as buildings, in smart metering deployments.

Enquiries:

 
 Cyan Holdings plc                 Tel: [phone] 
                                    234 400 
 John Cronin, Executive Chairman   www.cyantechnology.com 
 
 Cantor Fitzgerald Europe -        Tel: [phone] 
  Nomad and Broker                  7000 
 Andrew Craig / Richard Salmond 
 
 Beaufort Securities Limited       Tel: +44 (0) 20 
  - Joint Broker                    7382 8300 
 Jon Belliss 
 
 Walbrook PR - Financial PR        Tel: [phone] 
                                    8780 
 Paul Cornelius/Nick Rome          [e-mail] 
 

About CyanConnode

CyanConnode is a world leader in narrowband RF mesh networks that enable Omni IoT communications. Cyan's Ultimesh provides narrowband RF mesh network, optimised for exceptional performance and total cost of ownership and Connode's Panmesh delivers standards-based IPv6 solutions, enabling rapid innovation for the implementation of 3(rd) party applications. The Group provides customers with the flexibility and choice required to converge networks for applications in smart cities and IoT, delivering increased customer value.

For more information, please visit www.cyanconnode.com.

About IPPAI

IPPAI was set up as a not-for-profit association shortly after the Government of India opened the power sector to private industry. Since its inception as an independent body in 1994, IPPAI's aim has been to provide a neutral platform for the examination of issues critical to the development of the power sector in India, to discuss energy policy and to focus on strategic, financial, legal, regulatory and technical issues in the power, oil, gas and allied sectors with a prime focus on independent power producers.

As we initiate dialogues within the power sector incorporating environmental and socio-ecological concerns in our deliberations, we look at strategies which are more holistic and do not prescribe economic growth at the cost of the environment. Moving ahead, we are keen to bring a sustainable approach in our policies.

For more information, please visit www.ippai.org/home.aspx

This information is provided by RNS

The company news service from the London Stock Exchange

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September 26, 2016 02:01 ET (06:01 GMT)