Cyan Holdings PLC (CYAN.LN), an integrated system design company delivering mesh based flexible wireless solutions, Monday announces an alliance with Wipro Technologies, a global Information Technology, Consulting and Outsourcing business of Wipro Ltd. (WIT).

MAIN FACTS:

-Wipro will provide Consulting and IT Services to power utility companies in India deploying wireless meters incorporating CyLec(TM), Cyan Technology's wireless communication solution for electricity metering.

-No financial details disclosed.

-Cyan shares at 1005 GMT up 11% at 0.775 pence valuing the company at GBP8.33 million.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com

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