CYAN Cyanconnode Holdings Plc

 

TIDMCYAN 
 
RNS Number : 5306X 
Cyan Holdings Plc 
08 December 2010 
 

 
8 December 2010 
 
                                Cyan Holdings Plc 
                            ("Cyan" or "the Group") 
 
                  Order Update: China Public Lighting Control 
 
Cyan Holdings plc (AIM:CYAN.L), announces that it has received an important 
initial order for wireless monitoring and control of outdoor public lighting in 
China. Cyan manufactures a range of module products that implement wireless 
utility metering and lighting control systems. 
 
The initial order is for 10,000 modules, and installation will start after the 
Chinese New Year in Q1 2011. The customer's initial project requires the 
replacement of 200,000 street lights in a single city and the installation rate 
is expected to exceed 10,000 units per month by Q4 2011. The end customer is a 
large established Chinese lighting manufacturer who has informed Cyan's 
management that it has already won, or expects to win, contracts in three 
further cities, albeit for smaller projects. 
 
Cyan products will be used to manage and dim a new generation of High Intensity 
Discharge ("HID") lights, which are both brighter and lower cost than LED 
streetlights. In the local Chinese government trial that preceded the award of 
this order, the HID lights, when assisted by Cyan lighting control systems, 
consumed less power than LED lighting. 
 
Cyan developed additional features for this customer incorporating metering 
technology to measure energy usage so that savings can be calculated, thereby 
creating a real-time energy management platform. This was an essential feature 
as the customer will receive payments based on the actual energy savings 
realised.  Cyan also developed map based remote management systems that allow 
individual light locations to be identified on interactive maps that display 
current status, enabling remote control of individual lights and changes to 
lighting profiles. Control is provided over the mobile phone network using other 
Cyan products. 
 
Following this contract win and the impressive results of the trial, the 
customer now plans to market Cyan controlled HID products across the whole of 
China through its network of over 2,000 agents. Cyan is currently in negotiation 
with the customer to further develop their HID lighting product by tightening 
the integration between Cyan lighting control and the other elements of the HID 
light to create a highly integrated and lower total cost HID lighting solution. 
 
Kenn Lamb, CEO of Cyan Holdings plc commented: 
 
"I am delighted to announce an initial order for HID lighting systems in China 
so soon after an initial LED lighting system order in India. The previous 
announcement included more background information on the market drivers and 
features of Cyan's lighting products, but it is now evident that Cyan offers 
significant benefits across a range of different lighting types. We are also 
impressed with the relative energy saving performance of HID compared to LED, 
which was the presumed lowest power technology. In the opinion of Cyan's 
management, the cost of LED lighting has prevented large volume deployment to 
date; the significantly lower cost of Cyan controlled HID lighting may prove to 
be decisive in making large installations affordable in China and could be the 
driver for future exports of such lighting from China into other markets." 
 
 
www.cyantechnology.com 
 
 
Enquiries: 
 
+------------------------------+---------------------------------------+ 
| Cyan Holdings plc            | Tel: +44 (0) 1954 234 400             | 
| Kenn Lamb CEO                |                                       | 
|                              |                                       | 
+------------------------------+---------------------------------------+ 
| Cenkos Securities plc        | Tel: +44 (0)20 7397 8900              | 
| Stephen Keys / Adrian        |                                       | 
| Hargrave                     |                                       | 
|                              |                                       | 
+------------------------------+---------------------------------------+ 
| Hansard Communications Ltd   | Tel: +44 (0)20 7245 1100              | 
| John Bick / Kirsty Corcoran  | Tel: +44 (0) 7872 061007              | 
+------------------------------+---------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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