Cyanconnode Regulatory News (CYAN)

REACH

CyanConnode Holdings plc

("CyanConnode" or the "Company")

CyanConnode announces Global Strategic Alliance with Smart Energy Water

CyanConnode, a world leader in narrowband radio frequency ("RF") Mesh Networks, is pleased to announce that it has signed a Global Strategic Alliance Agreement with SEW (Smart Energy Water).

Headquartered in California, SEW is a global energy and water cloud platform provider serving over 300+ Utilities worldwide. The company delivers and builds the best digital customer and workforce experiences in the utility industry. Its innovative solutions are easy to use andintegrate seamlessly with utility enterprise systems to improve customer and operational efficiency using artificial intelligence (AI), cloud and mobile technologies.

Under the terms of the Agreement, each of CyanConnode and SEW shall promote and be authorised to sell the others Products and Services, as well as refer potential customers to each other, expanding the geographical reaches of each Company.

John Cronin, Executive Chairman, commented:

"I am pleased to announce this Partnership with SEW, which will maximise sales potential in existing as well as new territories while widening the Company's global distribution channels.

In addition, CyanConnode offering SEW's products and services will enable customers to make informed decisions for how to conserve energy and water through simple and intuitive ways through digital cloud platforms and deliver unique customer experiences powered by AI/ML."

Deepak Garg, SEW's Founder & CEO, commented:

"The Energy & Utilities industry worldwide is going through a major transformation in customer experience and mobile workforce operations. SEW is delighted to partner with CyanConnode and offer its customers CyanConnode's intelligent communication solutions, in the knowledge that this technology has been proven by worldwide commercial scale deployments.

At the same time this collaboration will allow our platform to be deployed globally as utilities continue their digital transformation journey."

Enquiries:

About CyanConnode

CyanConnode is a world leader in narrowband radio frequency (RF) Mesh Networks that facilitate machine to machine (M2M) communication. CyanConnode's innovative technology uses the industrial, scientific, and medical radio band, (ISM), which is optimised to give exceptional performance and competitive total cost of ownership. Through global partnerships, CyanConnode provides customers with a solution for the rapid deployment of local or countrywide ISM RF Mesh Networks that provide reliable and secure M2M communication.

For more information, please visit www.cyanconnode.com

About SEW

SEW, with its innovative and industry-leading cloud platforms, aims to deliver the best Digital Customer Experiences and Mobile Workforce Experience powered by AI, ML, and IoT Analytics to the global energy, water, and gas providers. We partner with businesses to deliver solutions that are easy-to-use, integrate seamlessly, and help build a strong technology foundation that allows energy, water, and gas providers to become future-ready, by harnessing the power of digital technologies.

To learn more about Smart Energy Water, visit www.SEW.ai.

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