LONDON (Alliance News) - Cyan Holdings PLC Wednesday said its CyLec smart meter has been deployed in a pilot project in Brazil for the first time.
In a statement, the utility metering and lighting control product company said it had launched a CyLec retrofit module specifically designed to fit to static electricity meters in Brazil in December, allowing utility firms to read meters wirelessly.
Its partner in Brazil has now fitted a pilot advanced metering infrastructure set-up on a small number of retrofit units for an unnamed utility and will fit more later.
"This utility will evaluate the technology's various advantages, including functions such as remote disconnect and tamper alerts, in addition to allowing the utility to remotely monitor usage over the next several months," Cyan said.
Cyan Holdings shares were down 5.3% at 0.18 pence Wednesday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
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