CyanConnode Holdings PLC Frost & Sullivan Company of the Year Award

TIDMCYAN

CyanConnode Holdings PLC

19 November 2018

CyanConnode Holdings plc

("CyanConnode" or the "Company")

CyanConnode wins Frost & Sullivan Company of the Year for the Global Smart Metering Industry

CyanConnode, a world leader in narrowband radio frequency mesh networks, has won the 2018 Company of the Year Award for the Global Smart Metering Industry. Frost & Sullivan found CyanConnode's innovation in the Smart Meter Industry highly impressive and recognised that the Company has grown from a European pioneer into a Global Leader.

The award acknowledged CyanConnode's 'path breaking' narrowband RF mesh network technologies which are self-forming and self-healing as well as its revolutionary Ominmesh platform that can manage multiple communication systems through one management control interface, thereby significantly reducing complexity and integration costs.

Gautham Gnanajothi, Global Research Director, Frost & Sullivan commented:

"CyanConnode is clearly a torchbearer in the field of narrowband radio frequency mesh networks and its visionary and unique products are likely to be disruptive to existing technologies. Innovation excellence has catapulted CyanConnode in the technology curve, which has placed it well ahead of its competitors in terms of mesh network topologies. CyanConnode's aspiration to have the best-in-class products through continuous innovation, gives it a distinctive edge in the global market and the Company's track record with many of the world's leading utilities confirms it's positioned as a safe pair of hands when it comes to ensuring a project's success."

John Cronin, CyanConnode Executive Chairman, commented:

"On behalf of the Company, its Staff and our Global Partners, I would like to thank Frost & Sullivan for recognising CyanConnode with their Company of the Year Award for the Global Smart Metering Industry. The Company's solutions represent the next generation of communication systems which are not only simple, reliable and efficient, they also allow Customers to mix and match multiple communication systems on a single command and control platform. CyanConnode's strong global partnerships include multiple meter manufacturers and system integrators who can support the transfer of skills to facilitate Customer ownership."

Enquiries:

 
 CyanConnode Holdings plc                         Tel: +44 (0) 1223 225 
                                                   060 
 John Cronin, Executive Chairman                  www.cyanconnode.com 
 
 FinnCap Ltd (Nomad and Broker)                   Tel: +44 (0) 20 7220 
                                                   0500 
 Ed Frisby/ Giles Rolls (Corporate Finance) 
  Alice Lane (Corporate Broking) 
  Arden Partners plc (Joint Broker)                Tel: +44 (0) 20 7614 
   Paul Shackleton / Dan Gee-Summons (Corporate     5900 
   Finance) 
 Walbrook PR (Financial PR)                       Tel: +44(0) 20 7933 8780 
  Paul Cornelius / Nick Rome                       cyanconnode@walbrookpr.com

About CyanConnode

CyanConnode is a world leader in narrowband radio frequency (RF) mesh networks that facilitate machine to machine (M2M) communication. CyanConnode's innovative technology uses the industrial, scientific, and medical radio band, (ISM), which is optimised to give exceptional performance and competitive total cost of ownership. Through global partnerships, CyanConnode provides customers with a solution for the rapid deployment of local or countrywide ISM RF mesh networks that provide reliable and secure M2M communication.

For more information, please visit www.cyanconnode.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages more than 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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November 19, 2018 02:00 ET (07:00 GMT)

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