Cyanconnode Regulatory News (CYAN)

25 Apr 2008 07:01

Cyan Holdings Plc25 April 2008 Press Release 25 April 2008 Cyan Holdings Plc ("Cyan" or "the Group") Cyan signs new sales agreement Cyan Holdings Plc (AIM: CYAN.L), a fabless semiconductor company providingconfigurable application software and production ready modules based on featurerich, low power, microcontroller chips, is delighted to announce it has signed aglobal distribution and stocking agreement with Mouser Electronics Inc ("Mouser"). Mouser Electronics Inc. based in Mansfield Texas, will be stocking the fullrange of Cyan 16-bit MCU products and Cy-Solved solutions, and promoting Cyan toits 280,000 global customers in 170 countries. Cyan products and solutions willbe featured in both Mouser's printed catalogue that is published every 90 daysand also on Mouser's extensive website and online shop. Mouser will supportboth channels with regular promotional activity on Cyan's products to targetedcustomer groups. The Board believes this gives Cyan a major sales channelpresence in the North American market. This agreement with Mouser gives customers across the globe immediate access topurchase Cyan's products and the ability to begin designing with Cyan's newlylaunched Integrated Development Environment 'CyanIDE2', which takes advantage ofthe industry standard open source Eclipse environment. Cyan's recently launched range of development and evaluation kits for its 16-bitMCU and Cy-Solved solutions are specifically for design engineers, Mouser'scustomer base, and accordingly the Board is of the view that the partnership forboth companies promises to be very successful. Mouser Electronics, Inc. is an electronic component distributor, focused on therapid introduction of new products and technologies to electronic designengineers. Mouser's 2,100+ page catalogue is published every 90 days, providingdesigners with up-to-date data on the components now available for the nextgeneration of electronic devices. Mouser ships globally to over 280,000customers in 170 countries from its 432,000 sq. ft. state-of-the-art facility inMansfield, Texas, USA. Mouser Inc, and its affiliate TTi Inc, are part of the Berkshire Hathaway Group,whose Chairman and CEO is Warren Buffett. -Ends- For further information, please contact:Cyan Holdings plcKenn Lamb, CEO Tel: +44 (0) 1954 234 400Andrew Lee, Finance Director www.cyantechnology.com Collins Stewart Europe LimitedNick Ellis / Oliver Quarmby Tel: +44 (0) 20 7523 8350Corporate Finance www.collinsstewart.com Media enquiries:Abchurch CommunicationsHeather Salmond / Jack Ballantyne Tel: +44 (0) 20 7398 7700jack.ballantyne@abchurch-group.com www.abchurch-group.com This information is provided by RNS The company news service from the London Stock Exchange