CYAN RNS27 Jul 2009 09:05
Cyan Holdings Plc (AIM: CYAN.L), a fabless semiconductor company providing
configurable application software and production ready modules based on feature
rich, low power, microcontroller (MCU) chips, is delighted to announce that it
has completed a global agreement with Future Electronics Inc.
Future Electronics is one of the three largest electronics distributors in the
world, with 169 offices in 41 countries. For the first time Cyan has access to a
leading demand creation distributor with customer support and fulfilment
organisation that has a global presence and the ability to secure business that
would not otherwise be available to Cyan. Through this agreement, Cyan will make
its range of wireless metering and lighting control products available to the
global market. Cyan already has products that operate in the complete range of
ISM bands selected for wireless metering, demand control and wireless lighting
control around the world. Future Electronics already has activities and
specialised personnel focussed on these markets and this agreement recognises
the synergy between Cyan's products and these global markets where Future is
currently active or already established.