Last checked at 25 Mar 2013 07:00
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25 March 2013
Cyan Holdings plc
("Cyan" or the "Company")
Cyan increases operations in India
Cyan Holdings plc (AIM: CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, today announces that Shiv Kaushik has been appointed as Country Manager in India.
Mr Kaushik, who has more than 18 years of experience with leading IT companies, joins Cyan to support its strategy to build key relationships in the energy and utility sector in India. Shiv has a wealth of experience in this sector selling software based solutions for companies such as Oracle, Wipro and Ferranti. Whilst employed in senior business development roles in India, Shiv worked with system integrators and utilities to manage the deployment of the IT based systems required for the implementation of energy management solutions.
Furthermore, Cyan has recruited two local senior field application engineers to provide additional customer and technical support in India.
In addition to the recruitment of field based personnel, Cyan is also qualifying additional manufacturing facilities in the form of two India based Tier-1 Contract Equipment Manufacturers. Both manufacturers are global companies offering a comprehensive range of Original Equipment Manufacturer services and hold ISO 9001 and other regulatory certificates. Part of the qualification process is a pre-production build to verify quality and performance. These additional manufacturing facilities will work in parallel with the current production in China to meet volume demands going forward.
John Cronin, Executive Chairman of Cyan, commented: "We are pleased to welcome Shiv and the application engineers to Cyan. As demand grows for Cyan's Advanced Metering Infrastructure solutions, it is necessary for Cyan to develop partnerships with industry leaders who can provide the knowledge and expertise. We are also pleased to be adding additional manufacturing capacity to meet local demand in India."
Enquiries:
Cyan Holdings plc John Cronin, Executive Chairman | www.cyantechnology.com Tel: +44 (0) 1954 234 400 |
Cenkos Securities plc (NOMAD and Joint Broker) Stephen Keys / Adrian Hargrave | Tel: +44 (0)20 7397 8900
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XCAP Securities plc (Joint Broker) Jon Belliss / Adrian Kirk | Tel: +44 (0)20 7101 7070 |
Walbrook PR Ltd Bob Huxford Paul Cornelius | Tel: +44 (0)20 7933 8780 bob.huxford@walbrookpr.com paul.cornelius@walbrookir.com |
About Cyan
Cyan is an integrated system design company delivering mesh based flexible wireless solutions for utility metering, lighting control & industrial telemetry. For more information, please visit:
www.cyantechnology.com