Business
Significant Initial Orders in New Territories
Significant Initial Orders in New Territories.
About this update from Cyanconnode Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 6323E Cyan Holdings Plc 11 April 2011 \n \n\n\n11 April 2011 \nCyan Holdings plc\n(\"Cyan\" or the \"Company\")\n \nSignificant Initial Orders in New Territories\n \nCyan Holdings plc (AIM: Cyan.L), the integrated system design company delivering mesh based flexible wireless solutions for lighting control, utility metering and industrial telemetry, is pleased to announce two new orders that will see Cyan's 'CyLux' lighting control systems installed in two new geographical regions and market segments for the Company.\n \nAs part of today's agreement, Cyan has received an initial order for 10,000 units of CyLux, which the Company understands will be installed in a new vapour sealed HID lighting product to be used on gas and oil installations in India and the Middle East.\n \nIn addition, Cyan has received the first order for a CyLux installation in Europe. LED lighting, monitored and controlled by CyLux wireless lighting control systems, is to be installed into a road tunnel in Italy.\n \nCyLux is suitable for new lighting installations or can be retrofitted to existing systems. Indeed, through two of Cyan's partner companies, CyLux modules are being installed into ballasts for HID and HPS lights as well as drivers for LED lights. This eases the adoption of CyLux monitoring and control for lighting manufacturers as they can now simply install 'Cyan-Inside' ballasts or drivers to make CyLux enabled lighting products. The Company believes this factor will lead to a rapid rise in CyLux shipments.\n \n \nKenn Lamb,CEO, Cyan commented: \n \n\"These customers are installing our products within early stage projects and we expect high levels of follow on orders as their projects unfold. Initial orders, therefore, represent a small fraction of the much larger opportunity with each new customer\".\n \n\"Today's announcement is significant in that it is taking us into new world markets beyond our existing reach as a business; principally Asia. It is pleasing to see our hard work leading to expansion into other geographical regions, which could well be the turning point for the Company\". \n \nEnquiries:\n \n\n\n\n\nCyan Holdings plc\nKenn Lamb, CEO\nwww.cyantechnology.com\n \n\n\nTel: +44 (0) 1954 234 400\n \n\n\n\n\nCenkos Securities pl...