Notice of Results
February 20 2007 - 2:01AM
UK Regulatory
RNS Number:5025R
Cyan Holdings Plc
20 February 2007
Press Release 20 February 2007
Cyan Holdings plc
("Cyan" or "the Company")
Notice of Preliminary Results - Thursday 29th March
Cyan Holdings plc ("Cyan" or "the Company"), the fabless semiconductor company
specialising in the development of low powered, configurable microcontroller
chips, will announce its Preliminary Results for the year ended 31 December
2006, on Thursday 29 March 2007.
An analyst briefing given by Paul Johnson (CEO) and Mike Hughes (Chairman), will
be held at 09:30 a.m. on 29 March 2007 at Abchurch Communications, 5th Floor,
100 Cannon Street, London EC4N 6EU.
- Ends -
For further information:
Cyan Holdings plc
Andrew Lee, Finance Director Tel: +44 (0) 1954 234 400
www.cyantechnology.com
Collins Stewart Limited
Simon Atkinson, Corporate Finance Tel: +44 (0) 20 7523 8312
SAtkinson@collins-stewart.com www.collins-stewart.com
Media enquiries:
Abchurch Communications
Heather Salmond/ Franziska Boehnke Tel: +44 (0) 20 7398 7700
franziska.boehnke@abchurch-group.com www.abchurch-group.com
About Cyan Technology
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 achieved over 100 design wins during 2006 for its initial eCOG1k
product and is expanding the range of the patent-protected eCOG1 family and
introducing a new range of 32 bit microcontrollers. Volume shipments on the
eCOG1k processor started in 2006 and the eCOG1X family of 30 products will be
available to ship in volume in Q2 2007. Cyan has already established, through a
customer in China, a significant share of the huge China Tax Control POS
Terminal market. Also Cyan has a high volume opportunity with a tier 1 global
brand name for its new eCOG1X chip.
Cyan has introduced design integration support software, CyanIDE, 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 time to market for
our customers. Cyan created CyanIDE to avoid relying on costly standard tools
from third party suppliers. CyanIDE is available free of charge to our
customers.
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 40 people.
Cyan Holdings plc is listed on the Alternative Investment Market on the London
Stock Exchange, symbol CYAN.L
This information is provided by RNS
The company news service from the London Stock Exchange
END
NORILFFRFLIALID
Cyanconnode (LSE:CYAN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Cyanconnode (LSE:CYAN)
Historical Stock Chart
From Jul 2023 to Jul 2024