13 March 2023
CyanConnode Holdings plc
("CyanConnode" or the "Company")
CyanConnode Banking Arrangements
In response to enquiries from shareholders following the announcement by Silicon Valley Bank (SVB) on 10 March 2023, CyanConnode Holdings plc (AIM: CYAN), would like to confirm that the Company has no relationships with or banking arrangements involving SVB.
For further information, please contact:
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CyanConnode Holdings plc John Cronin, Executive Chairman |
+44 (0) 1223 225 060 |
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Strand Hanson Limited (Nominated and Financial Adviser) James Harris Richard Johnson David Asquith |
+44 (0) 20 7409 3494 |
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Zeus Capital Limited (Broker) Simon Johnson Alexandra Campbell-Harris |
+44 (0) 20 3829 5000 |
About CyanConnode
CyanConnode (AIM:CYAN), 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.
CyanConnode's award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform has 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