Cyan Holdings Plc European Metering Award
November 04 2015 - 2:00AM
RNS Non-Regulatory
TIDMCYAN
Cyan Holdings Plc
04 November 2015
4 November 2015
Cyan Holdings plc
("Cyan" or the "Company")
Cyan Wins Smart Metering, ICT & Data Management Award
Recognised by Industry leaders at top European event
Cambridge, UK: Cyan (AIM:CYAN.L), the integrated system and
software design company delivering mesh based flexible wireless
solutions for utility metering and lighting control, has won the
Smart Metering, ICT & Data Management Award at the European
Utility Week 2015 Awards for its CyLec(R) retrofit smart metering
module - designed for the power sector in emerging economies.
Judges felt that Cyan had contributed greatly to the formation
of Advanced Metering Infrastructure, praising the originality,
practicality and sustainability of Cyan's CyLec Connect retrofit
module. The technology provides smart metering functionality to
legacy meters to accelerate the rollout of smart grids without
having to 'rip and replace' the existing meter stock.
John Cronin, Executive Chairman of Cyan Technology, commented:
"We are thrilled to receive this prestigious award in recognition
of Cyan's innovation in next-generation smart grids. We continue to
create innovative solutions tailored to the specific environmental
and economic conditions in which they are deployed. It's great to
see our hard work recognised by such a respected institution."
The awards were presented at European Utility Week, held in
Vienna over 3 days, which brings together 10,000 smart energy
professionals from around the world. These experts share insights
on how the energy sector can move forward, where innovation is
needed and also the role of the policy maker and new market entrant
in establishing a cleaner future.
Enquiries:
Cyan Holdings plc Tel: +44 (0) 1954
234 400
John Cronin, Executive Chairman www.cyantechnology.com
Cantor Fitzgerald Europe - Tel: +44 (0)207
Nomad and Broker 894 7719
Andrew Craig/Chris Viggor
Beaufort Securities Limited Tel: +44 (0) 20
- Joint Broker 73828300
Jon Belliss
Walbrook PR - Financial PR Tel: +44(0) 20 7933
8780
Paul Cornelius/Nick Rome cyan@walbrookpr.com
About Cyan
Cyan provides a communication platform for energy, lighting and
emerging applications in the wider 'Internet of Things' network.
Its integrated platform and partner collaborations deliver
end-to-end solutions that connect millions of devices and support
bidirectional communication with the end customer. Cyan's smart
metering and lighting solutions enhance quality of service in
emerging regions, through power savings, lower operating costs and
increased cost efficiency. Our vision to create improved value
through Smart City solutions has provided our customers with the
foundation upon which to build incremental services as these
markets evolve.
For more information, please visit www.cyantechnology.com.
About CyLec(R)
CyLec(R) is a complete control and communication network for
electricity metering. CyLec(R) uses wireless technology to enable
the collection and delivery of data from and to a meter, such as
energy profiles, instant readings and the sending of tariff
updates. Priority data can also be sent back to the utilities such
as information regarding tampering enabling the utility to take
action immediately.
This information is provided by RNS
The company news service from the London Stock Exchange
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