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Pin to quick picksCyanconnode Regulatory News (CYAN)

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Market Cap: £29.22m
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Order Update

15 Nov 2013 09:34

RNS Number : 1427T
Cyan Holdings Plc
15 November 2013
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15 November 2013

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Cyan Holdings plc

("Cyan" or the "Company")

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Order Update

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Cyan Holdings plc (AIM:CYAN.L), the integrated system and software design company delivering wireless solutions for utility metering and lighting control, provides the following order update.

On 24 December 2012, Cyan notified shareholders that an order from a major metering customer in India (originally announced in May 2012 and exceeding $1m) would be fulfilled in 2013 due to delays in the TNEB tender process.

Due to the continued delays in the TNEB tender process, the customer has informed Cyan that their order will be carried forward into the new calendar year and that they are optimistic that they will require delivery in 2014, although this remains contingent on the TNEB tender and their participation therein.

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Enquiries:

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Cyan Holdings plc

John Cronin, Chairman

www.cyantechnology.com

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Tel: +44 (0)1954 234 400

Allenby Capital Limited

Nominated Adviser and Joint Broker

Jeremy Porter

Mark Connelly

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Tel: +44 (0)20 3328 5656

XCAP Securities plc

Joint Broker

Jon Belliss

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Tel: +44 (0)20 7101 7070

Walbrook PR

Financial PR

Paul Cornelius

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Tel: +44 (0)20 7933 8780

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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MSCEANFSFDDDFEF
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