CyanConnode Holdings PLC CyanConnode selected as EESL Technology Partner
April 12 2021 - 2:00AM
RNS Non-Regulatory
TIDMCYAN
CyanConnode Holdings PLC
12 April 2021
REACH
CyanConnode Holdings plc
("CyanConnode" or the "Company")
CyanConnode selected as Technology Partner for EESL
Energy Solutions in Middle East and Africa
CyanConnode, a world leader in Narrowband Radio Frequency (RF)
Smart Mesh Networks, is pleased to announce that it has been
engaged by EESL Energy Solutions LLC, Dubai, (EESL), as technology
partner for projects in the Middle East and Africa for smart
metering and smart lighting projects.
EESL India is a joint venture of four Indian public-sector
undertakings; NTPC Limited, Power Finance Corporation Limited,
Rural Electrification Corporation Limited and POWERGRID Corporation
of India Limited. EESL has also established a Joint Venture in
Dubai, partnering with Hansa Energy Solutions to form EESL Energy
Solutions LLC.
John Cronin, Executive Chairman, CyanConnode, commented :
"I am delighted to announce this partnership with EESL Energy
Solutions, which I believe will deliver new opportunities for
CyanConnode.
"Offering a range of business models gives a flexible approach
to our partnership with EESL and we look forward to collaborating
with them to develop and deliver large-scale projects in the Middle
East and African markets."
Saurabh Kumar, EESL Executive Vice Chairperson, commented:
"EESL Energy Solutions is promoting energy efficiency projects
in the Middle East and Africa and is pleased to be partnering with
CyanConnode. We have selected CyanConnode as Technology Partner to
leverage its market-leading RF Mesh Technology.
"I look forward to a successful collaborative partnership with
CyanConnode."
- Ends -
Enquiries:
CyanConnode Holdings plc Tel: +44 (0) 1223 225 060
John Cronin, Executive Chairman www.cyanconnode.com
Arden Partners plc (Joint Broker) Tel: +44 (0) 20 7614 5900
Paul Shackleton / Dan Gee-Summons (Corporate Finance)
Simon Johnson (Corporate Broking)
About CyanConnode
CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio
Frequency (RF) Smart Mesh Networks, which are used for machine to
machine (M2M) communication. As well as being self-forming and
self-healing, CyanConnode's RF Smart Mesh Networks are designed for
rapid deployment, whilst giving exceptional performance and
competitive total cost of ownership.
In June 2018, CyanConnode launched its award-winning Omnimesh
Advanced Metering Infrastructure (AMI) platform, which has already
gained considerable commercial traction, especially in India which
is a key market for the Company.
Through a Global partner eco-system, which is vendor agnostic,
CyanConnode has several routes to market, therefore it is well
positioned to capitalise upon increasing Global demand for smart
metering solutions.
For more information, please visit www.cyanconnode.com
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