Cyanconnode Regulatory News (CYAN)

15 Nov 2007 07:02

Cyan Holdings Plc15 November 2007 Press Release 15 November 2007 Cyan Holdings plc ("Cyan" or "the Company") Board Change Cyan Holdings Plc (AIM:CYAN.L), the fabless semiconductor company specialisingin the development of low power consumption, configurable microcontroller chips,announces that Dr. Paul Johnson, Founder, President and CTO, has resigned withimmediate effect from the Board of Cyan and as a director of the Company. Dr. Johnson founded Cyan in November 2002 and was CEO and CTO up to the recentreorganization and appointment of Kenn Lamb as CEO, at which time Paul movedinto the position of President and CTO full-time. Dr. John Read, interim Chairman, commented: "Paul's technical vision wasinvaluable in establishing the initial products for the Company and, inparticular, in inventing and defining the Cyan IDE development environment tobecome what we believe to be one of the most user-friendly software developmentenvironments in the industry and is the subject of a patent application made inFebruary 2004. The Board wishes Paul every success for the future." - Ends - For further information:Cyan Holdings plcJohn Read, Interim Chairman Tel: +44 (0) 1954 234 400 www.cyantechnology.comCollins Stewart Europe LimitedChris Howard/Oliver Quarmby Tel: +44 (0) 20 7523 8350Corporate Finance www.collins-stewart.com Media enquiries:Abchurch CommunicationsHeather Salmond/Franziska Boehnke Tel: +44 (0) 20 7398 7700franziska.boehnke@abchurch-group.com www.abchurch-group.com This information is provided by RNS The company news service from the London Stock Exchange