Cyanconnode Share Discussion Threads

[lwaxf13] 22/11/2018 17:04

The PowerPoint orders :-) I doubt anyone believes a word this lot say. Could be another distribution relationship worth ten tenths of nothing again.

[mtw] 22/11/2018 16:39

Maybe it will be one of those Cronin specials... you know the ones... the "orders" which don't actually put any cash in the bank. The revenue forecast will be met of course... it has to be... the bonuses depend on it.

[lwaxf13] 22/11/2018 16:31

Maybe Cyan might sell something here but then again I know that Is a tall ask for them :-(

[realist1950] 22/11/2018 15:24

Exactly my point!

In which case they would have hardly been 'displaced'.

[davep4] 22/11/2018 15:13

Maybe the competitor's solution didn't work or was too expensive!

[realist1950] 22/11/2018 14:53

"DS Technology is delighted that it can now offer its customers CyanConnode's RF Mesh Networks and Ominmesh solutions, which are uniquely suited for our regional utilities"

If Cyan's solutions are UNIQUELY suited, this would imply the competitor Cyan "displaced" was not actually suitable in the first place!?

Just an observation.

lol.

[multibagger] 22/11/2018 10:29

Thanks for kindly sharing your research davep4 - much appreciated :)

[davep4] 22/11/2018 10:03

It also appears Silver Spring has been bought:

[davep4] 22/11/2018 10:00

multibagger:

Silver Spring no longer appear as a partner on the tpfz website:

[multibagger] 22/11/2018 09:51

If we have indeed displaced Silver Spring, then it is a massive vote of confidence.

In cost insensitive countries (relatively speaking) like UAE, I would imagine that they would place an emphasis on reliability and future proof technical specifications meeting high global standards.

Also though the CYAN emphasis so far has been on smart metering for electricity, we do have the products and technical ability to deliver on gas and water metering as well. So given the pressure on water resources in the dry parts of the Middle East, we could find ourselves possibly getting involved in these areas as well ? Just a thought....all very interesting :)

[multibagger] 22/11/2018 09:46

Hi cpapman,

My gut feeling (nothing more) is that we could possibly make $5-8 per meter with these distribution agreements in Phillipines/UAE/Bahrain (when compared to about $25-30 I am led to believe that we make per meter over a 5 year period for smart meters in places like India).

Maintenance agreements are in the range of $2 per meter/year it would seem after the 5 yr period....so in these Phillipines and UAE/Bahrain agreement could be about 50 cents/each/year possibly ?

[davep4] 22/11/2018 09:34

Maybe the displaced competitor is mentioned in this press release:

[mtw] 22/11/2018 08:57

Another slot in another sales catalogue will no doubt make the happy clappers hands sore...

[cpap man] 22/11/2018 08:15

Another thought multibagger is that even if these DA's made CYAN self financing with enough left over to go and pursue certain other lucrative deals that would be no bad thing eh?

[realist1950] 22/11/2018 08:13

There's the RNS I mentioned yesterday.

There may be another.

But the price will continue to slide imo.

[davep4] 22/11/2018 08:13

Which significant competitor has been displaced?

“Under the terms of the Agreement CyanConnode displaces a significant competitor.”

[detective1] 22/11/2018 08:04

so you bought at 60p and been bitter ever since

[cpap man] 22/11/2018 07:50

Yes agreed multibagger - by the way do we have any understanding of what CYAN might be able to earn out of these very interesting DA's?

[lwaxf13] 22/11/2018 07:38

Another distribution agreement?!! Yawn. That’s got to be worth a nice bonus to someone on the team.

[multibagger] 22/11/2018 07:35

Distribution arrangements - Recently Phillipines and now the Middle East....CYAN seems to be picking up a head of steam ! Revenues will hopefully follow soon :)

[multibagger] 22/11/2018 07:33

Excellent news of our expanding footprint through distribution partners...reducing our capex and implementation risks.

Also given the countries involved funds to implement ambitious projects less likely to be an issue ?

[cpap man] 22/11/2018 07:15

CyanConnode Holdings plc

("CyanConnode" or the "Company")



CyanConnode Enters United Arab Emirates and Bahrain smart metering market



CyanConnode, a world leader in narrowband radio frequency ("RF") Mesh Networks, is pleased to announce that on 19 November 2018 it signed a distribution agreement with DS Technology DWC LLC ("DS Technology") (the "Agreement"), as a Systems Integration and Distribution Partner for the United Arab Emirates ("UAE") and Bahrain.



DS Technology is an Information Communication Technology (ICT) infrastructure and services integration company. The company is a trusted integrator to the Utility, Oil and Gas, Government, Defence and Telecommunications sectors and focuses on very large-scale telecommunications and network infrastructure, applications and services which are designed, deployed and supported by highly skilled technical and management teams.



Under the terms of the Agreement CyanConnode displaces a significant competitor. The Agreement also includes various sales performance milestones. DS Technology will distribute CyanConnode's RF Mesh Networks, which are self-forming and self-healing, as well as its revolutionary Ominmesh platform that can manage multiple communication systems through one management control interface, thereby significantly reducing complexity and integration costs.



The Gulf Corporation Council ("GCC") has estimated that GCC member states may be able to save up to US$ 10 billion in infrastructural investment by 20201, through the use of information technology, including smart grids and smart metering. The GCC estimate provides DS Technology and CyanConnode with an immense opportunity to work with integrated utilities in the region.



Harry Berry, CyanConnode's Chief Operating Officer, commented: "We are excited to announce this Partnership with DS Technology, who have decided to replace a previous vendor's solution with CyanConnode's RF Mesh Networks and Omnimesh.



"With DS Technology's established customer base in UAE and Bahrain, this partnership provides CyanConnode with a quick route to market. The partnership will maximise sales potential in two new territories as well as widening the Company's global distribution channels."



Omar Barzanji, DS Technology's CEO, commented: "As the integrator of one of the largest Smart Grid deployments in the region, DS Technology is a market leader who offers highly innovative and sustainable telecom solutions to its utility customers.



"DS Technology is delighted that it can now offer its customers CyanConnode's RF Mesh Networks and Ominmesh solutions, which are uniquely suited for our regional utilities and in the knowledge that CyanConnode's technology has been proven by large commercial scale deployments."



1hxxps://www.middleeastelectricity.com/content/dam/Informa/Middle-East-Electricity/en/pdf/GCC%20Power%20Market%20Report%20-%20Oct17.pdf