13 Mar 2023 07:00
13 March 2023
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CyanConnode Holdings plc
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("CyanConnode" or the "Company")
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CyanConnode Banking Arrangements
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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.
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For further information, please contact:
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CyanConnode Holdings plc John Cronin, Executive Chairman Β | +44 (0) 1223 225 060 |
Strand Hanson Limited (Nominated and Financial Adviser) James Harris Richard Johnson David Asquith Β Β | +44 (0) 20 7409 3494 |
Zeus Capital Limited (Broker) Simon Johnson Alexandra Campbell-Harris Β | +44 (0) 20 3829 5000 |
About CyanConnode
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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.
Β 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 visitΒ Β www.cyanconnode.com
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