CYAN Cyanconnode Holdings Plc

RNS Number:2760I
Cyan Holdings Plc
31 August 2006

Press Release                                                     31 August 2006

                                Cyan Holdings Plc
                                        
                            ("Cyan" or "the Company")
                                        
                      Cyan becomes a multi-product company

Cyan Holdings Plc (AIM: CYAN.L), the fabless semiconductor company specialising
in the development of low power consumption, configurable microcontroller chips,
announces today that is has expanded its product range with the release to
production of eCOG1X. eCOG1X transforms Cyan from a single product company to a
multi-product company with 33 products and enable Cyan to capture further design
wins in a number of new markets. The eCOG1X triples the computing performance of
the eCOG1k which continues in production for ultra low power applications.

Cyan has already secured 14 design wins for the eCOG1X including ePOS and
Telematics applications with additional opportunities in security, access
control, pay phones, consumer and networking. These initial design wins are
likely to total about 250,000 units per annum when all are in full production at
projected annual run rates. In addition there are a further 18 opportunities of
over 50,000 units per annum that could result in 3.5 million units per annum at
full projected annual run rates. The unit selling price for eCOG1X products
ranges from $4 to $10.

Paul Johnson, CEO of Cyan, commented: "We are delighted to go into production
with eCOG1X and expect revenues in 2007. We can now offer our customers a range
of microcontrollers, all providing lower power consumption, with the eCOG1X
tripling the computing performance of the eCOG1k. This will enable the Company
to respond to future market demands and takes the Company to the next stage of
its corporate development."

                                    - ends -

For further information:
Cyan Holdings plc
Paul Johnson, Chief Executive Officer          Tel: +44 (0) 1954 234 400
                                               www.cyantechnology.com
                                               ------------------------
Collins Stewart Limited
Simon Atkinson, Corporate Finance              Tel: +44 (0) 20 7523 8350
                                               www.collins-stewart.com
                                               --------------------------

Media enquiries:
Abchurch Communications
Heather Salmond / Franziska Bohnke              Tel: +44 (0) 20 7398 7700
franziska.boehnke@abchurch-group.com            www.abchurch-group.com
--------------------------------------          -------------------------


Notes to Editors

Cyan Holdings plc is a fabless semiconductor company which specialises in the
design, sale and support of a range of 16-bit and 32-bit general-purpose low
power, high performance microcontroller chips ("MCUs"). These chips are integral
components used in nearly all electronic products, ranging from mobile phones
and washing machines to toys, televisions and motorcars. Consumer entertainment
markets require more powerful processors and are usually based on 32-bit chips
which Cyan is developing to serve this market segment. Cyan operates in a $14
billion worldwide market for microcontrollers, which is poised to grow to $20
billion by 2010. Cyan has identified Europe and South East Asia as the largest
markets for its products, and as such aims to have 1% of the microcontroller
market within 5 years.

Originally Cyan was a spin out from Cambridge Consultants Limited to use its
16-bit core, the same core used in CSR's Bluetooth chips. Since Cyan was founded
in 2002, it has achieved 100 design wins for its initial eCOG1(R)k product and
is expanding the range of the patent-protected eCOG1(R) family and introducing a
new range of 32 bit microcontrollers.

Cyan has introduced design integration support software, CyanIDE(R), to support
the Company's entire range of current and future microcontrollers. The software
makes chip integration into customers' products vastly more simple, quick,
reliable and hence less expensive while dramatically reducing development time.
Cyan created CyanIDE(R) to avoid relying on standard tools from third party
suppliers.

The company is headquartered in Cambridge, UK and opened a sales and technical
support office in Hong Kong in May 2005 which services the Chinese market. Cyan
employs 32 people.

CyanIDE and eCOG are registered trade marks of Cyan Holdings plc.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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