Business
Second Pilot in Brazil and Order Update
Second Pilot in Brazil and Order Update.
About this update from Cyanconnode Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 4539P Cyan Holdings Plc 19 August 2014 \n \n\n \nCyan Holdings plc(\"Cyan\" or the \"Company\")\n \nSecond CyLec Pilot Successfully Deployed in Brazil and Order Update\n \nCyan Holdings (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, provides the following order update and announces a new smart metering pilot in Brazil.\n \n1. New smart metering pilot with a second Tier 1 utility in Brazil\n \nAs announced on 18 December 2013, Cyan signed a strategic partnership agreement with Nobre de la Torre (\"Nobre\") to collaborate on the development, supply and system integration of CyLec®, Cyan's smart metering solution, in Brazil. \n \nOn 5 March 2014, Cyan announced Nobre had successfully installed a small number of CyLec retrofit units to existing meters for an unnamed Tier 1 utility. This first pilot proved that the CyLec technology met the overall expectations of the utility customers. Following the first pilot, Nobre started to design products fully integrated to Brazilian electricity meters, including three retrofit solutions designed in collaboration with engineers from the utilities. Nobre believe that this approach will lead to a faster acceptance of smart metering technology in Brazil.\n \nToday, Cyan announces Nobre has successfully deployed a second pilot with another Tier 1 utility. In order to provide a thorough evaluation of the Nobre/Cyan technology in the field, the utility selected three different locations, each with different deployment challenges for smart metering technology: \n \n• The first location was one where multiple electricity meters are installed on a pole. The meters are securely contained inside a metal cabinet (at a height of 4 metres) which has a viewing lens and clear window to allow visual reading of the meters. These cabinets can reach temperatures of up to 90°C and also suffer from tampering whereby the viewing lens is painted over to prevent meter reading and this issue is completely resolved with the Cyan solution where the meter readings are transmitted over the CyLec two way wireless communication network back to the utility's billing systems.\n \n•  ...