Board Change
November 15 2007 - 2:02AM
UK Regulatory
RNS Number:7689H
Cyan Holdings Plc
15 November 2007
Press Release 15 November 2007
Cyan Holdings plc
("Cyan" or "the Company")
Board Change
Cyan Holdings Plc (AIM:CYAN.L), the fabless semiconductor company specialising
in the development of low power consumption, configurable microcontroller chips,
announces that Dr. Paul Johnson, Founder, President and CTO, has resigned with
immediate effect from the Board of Cyan and as a director of the Company.
Dr. Johnson founded Cyan in November 2002 and was CEO and CTO up to the recent
reorganization and appointment of Kenn Lamb as CEO, at which time Paul moved
into the position of President and CTO full-time.
Dr. John Read, interim Chairman, commented: "Paul's technical vision was
invaluable in establishing the initial products for the Company and, in
particular, in inventing and defining the Cyan IDE development environment to
become what we believe to be one of the most user-friendly software development
environments in the industry and is the subject of a patent application made in
February 2004. The Board wishes Paul every success for the future."
- Ends -
For further information:
Cyan Holdings plc
John Read, Interim Chairman Tel: +44 (0) 1954 234 400
www.cyantechnology.com
Collins Stewart Europe Limited
Chris Howard/Oliver Quarmby Tel: +44 (0) 20 7523 8350
Corporate Finance
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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