Cyanconnode Regulatory News (CYAN)

16 June 2014

Cyan Holdings plc

("Cyan" or the "Company")

Appointment of Non-Executive Director

Cyan Holdings plc (AIM: CYAN), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that Peter Mainz has been appointed to the Board as a non-executive director of the Company with effect from 1 July 2014.

Until recently, Peter was the CEO & President of global smart metering leader Sensus USA Inc. and this is his first non-executive role since stepping down. Sensus is a leader in the electricity, water and gas smart metering markets with operations in 22 countries across 5 continents. Under his tenure the company grew into a leading technology provider to the global utility industry through multiple technology acquisitions, resulting in one of the largest installed Advanced Metering Infrastructure ("AMI") bases in the world. The growth included being part of the winning consortium for the UK smart metering rollout for the North of England and Scotland announced in August 2013 to connect 16M meters to 10M homes.

Peter has over 20 years of financial and communication systems business experience. He has a wealth of experience in both operational and commercial roles, with an emphasis on management roles. He has held roles at IBM and Schlumberger before joining Invensys plc in 1999 where he served as VP Finance for various economic zones. In 2003, he joined Sensus, which was created as the result of a private equity spin out of a division of Invensys plc. From January 2003 to August 2007 he served as the CFO of Sensus and in August 2007 he was also appointed as the Executive VP of Operations. In April 2008, he was appointed to the Board of Sensus and took over as CEO & President.

John Cronin, Executive Chairman of the Company, commented: "We are delighted to have Peter join the Board. I believe his appointment will significantly enhance the Company's ability to accelerate its strategic objectives and, in particular, its position at the forefront of a number of emerging markets. Peter is very well connected in smart metering, brings with him significant experience and will no doubt assist the Company in achieving commercial success in its chosen markets."

Peter Mainz commented: "Cyan has now established itself as a leading supplier of smart metering solutions for emerging markets and I'm delighted to join at this time where customer projects in India and Brazil are now getting underway. Having spent a substantial period of my career at Sensus, I was able to recognise that Cyan's emerging market solution is fundamentally different and look forward to helping the Company deliver commercial success that will drive significant market value appreciation for shareholders."

Peter will be at the Cyan AGM to be held on June 17th 2014 (http://www.cyantechnology-ir.com/html/investors/important_dates.asp) and there will be an opportunity for shareholders to meet him.

Pursuant to the AIM Rules for Companies the following is disclosed in relation to Peter Mainz:

Peter Mainz, aged 50, is, or has been within the past five years, a director or partner of the following entities:

Enquiries:

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.