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Last 0.28 GBp
Change Today 0.00 / 0.00%
Volume 6.8M
CYAN On Other Exchanges
As of 11:30 AM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

cyan holdings plc (CYAN) Snapshot

0.28 GBp
Previous Close
0.28 GBp
Day High
0.28 GBp
Day Low
0.28 GBp
52 Week High
07/2/14 - 0.61 GBp
52 Week Low
05/19/14 - 0.14 GBp
Market Cap
Average Volume 10 Days
-0.0008 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for CYAN HOLDINGS PLC (CYAN)

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cyan holdings plc (CYAN) Details

Cyan Holdings plc provides smart energy solutions for the utility and lighting markets in the United Kingdom and internationally. It develops wireless monitoring and control products for smart metering infrastructure and intelligent lighting. The company’s products include CyLec, an integrated solution for automated meter reading and advanced metering infrastructure deployments; CyLux, an integrated solution for automated smart lighting control and management; CyGas, an integrated power mesh networking solution for smart gas and water metering deployments; and CyNet, a mesh networking protocol for smart metering, energy efficient smart lighting, and other applications. It also provides CyLec server and CyLux server software products, which enable end-to-end system integration of its smart energy wireless solutions. The company was founded in 2002 and is based in Cambridge, the United Kingdom.

25 Employees
Last Reported Date: 05/16/14
Founded in 2002

cyan holdings plc (CYAN) Top Compensated Officers

Executive Chairman, Member of Audit Committee...
Total Annual Compensation: 104.5K GBP
Chief Financial Officer, Executive Director, ...
Total Annual Compensation: 73.3K GBP
Compensation as of Fiscal Year 2013.

cyan holdings plc (CYAN) Key Developments

Tata Power Successfully Implements Cyan Holdings Plc's Smart Metering Solution

Cyan Holdings Plc announced that it has successfully deployed what the directors believe to be is the first 865MHz Advanced Metering Infrastructure (AMI) commercial volume project in India. In July 2014, Cyan announced an order from Larsen & Toubro (‘L&T’) to provide a complete CyLec AMI solution to Tata Power Mumbai (Tata Power), consisting of 865MHz radio frequency (RF) modules, Data Concentrator Units, Head End Server software licenses, onsite software installation services and an annual software maintenance contract. The initial contract with Tata Power was for the deployment of 5,000 consumer meters in a district in Mumbai and around 4,000 meters are live with the remainder expected to be completed before the end of second quarter of 2015. The Cyan RF modules were installed inside the L&T smart meters that have been deployed by Tata Power. The smart meters, integrated with Tata Power's control centre, are now providing data to generate customer bills, real-time information on outages and other factors related to the quality of power. Cyan's AMI platform supports fully automated, accurate billing for Tata Power. On the last billing cycle, Tata Power achieved 100% success rate in communicating meter readings from the CyLec-enabled meters to their consumer billing system. In addition the AMI platform enables Tata Power to manage grid emergencies with increased efficiency, improving the reliability of the customer's power supply and optimising peak power demand management.

Cyan Signs Non-Exclusive Distribution Agreement with XLink Communications (Pty) Ltd

Cyan announced that it has signed a non-exclusive distribution agreement with XLink Communications (Pty) Ltd. to distribute Cyan's smart metering and lighting solutions as well as related Internet of Things applications in South Africa. XLink will distribute Cyan's smart energy communication technology, which enables the measurement and control of energy consumption for the metering and lighting markets, helping to increase energy security and reduce costs. In addition, XLink will provide technical, field-based system integration and technical support for the deployment of Cyan's technology across South Africa. XLink are experienced in the deployment of infrastructure assets and associated projects for the energy, M2M and telecoms sectors. The agreement includes an initial order for Cyan's smart metering hardware and software, CyLec, for a 100 unit Proof of Concept project in South Africa. XLink's technical support team will deploy this project in the first half of 2015, for a leading provider of energy management systems, to demonstrate and evaluate the benefits delivered by CyLec.

Cyan Appoints Vikas Kashyap to the Role of Vice President Asia

Cyan announced that Vikas Kashyap has been appointed to the role of Vice President Asia, with responsibility for business development and sales across Asia. Vikas is based at the company's headquarters in Cambridge UK, and will manage strategic relationships established in India and China as well driving existing and new sales opportunities, as part of Cyan's strategy to expand its sales and business development leadership. In addition, Vikas will identify key markets and partners across Asia for large scale deployment of smart metering and lighting solutions. Vikas will focus on exploiting the significant growth potential in the region - Northeast Group LLC, forecasts that Southeast Asian countries will deploy 37.3 million smart meters between 2014 and 2024, accounting for $8.8 billion of the $13.6 billion forecasted investment in smart grid infrastructure over the same period. Before joining Cyan, Vikas held the position of Director of Sales at Secure Meters (UK) Ltd.


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Price/Sales 56.6x
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