Opening of new Asia office
April 30 2008 - 3:01AM
UK Regulatory
RNS Number:3797T
Cyan Holdings Plc
30 April 2008
Press Release 30 April 2008
Cyan Holdings Plc
("Cyan" or "the Group")
Cyan opens new Asia office
Cyan Holdings Plc (AIM: CYAN.L), a fabless semiconductor company providing
configurable application software and production ready modules based on feature
rich, low power, microcontroller chips, has received the required authorisation
to open an office in the People's Republic of China.
Cyan's first Asia office was opened in Hong Kong in 2005 and supports sales in
the Asian region including the People's Republic of China. This new office is
located in the central region of Shenzhen city, Futian, and will allow Cyan to
directly support customers and partners in the People's Republic of China with
local personnel. This office will eventually accommodate product development to
support partners such as South West Computer. It will also provide a base for
operations, managing module manufacture for Cy-SolvedTM and other products plus
technical support engineers for customers throughout China.
The Futian district of Shenzhen is home to a growing number of technology
companies and is conveniently located for Shenzhen's exhibition centre. Cyan's
offices in the Golden Central Tower are similar in size to the original Hong
Kong office which was increased to 1300 sq ft, double the floor area, in 2007.
Dominic Lun, CEO Cyan Asia, said: 'Cyan Asia is now positioned to increase our
technical staff to track the growth of sales for our new products in China.'
-Ends-
For further information, please contact:
Cyan Holdings plc
Kenn Lamb, CEO Tel: +44 (0) 1954 234 400
Andrew Lee, Finance Director www.cyantechnology.com
Collins Stewart Europe Limited
Nick Ellis / Oliver Quarmby Tel: +44 (0) 20 7523 8350
Corporate Finance www.collinsstewart.com
Media enquiries:
Abchurch Communications
Heather Salmond / Jack Ballantyne Tel: +44 (0) 20 7398 7714
jack.ballantyne@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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