News
Cyan achieves GPS application-win in India, wireless-metering deal in China and a new global distribution channel
Cy-Solved™ solutions gain ground and Cyan gains a distributor with a US focus
Cambridge-based fabless semiconductor company Cyan has received an initial order from an Indian corporation, together with a forecast for a significant quantity of eCOG microcontrollers to be delivered over the next 12 months.
The Indian developer has already accepted small initial orders but the latest order and forecast from the distributor is indicative of the project moving to full deployment. Cyan's easy to implement 16bit microcontrollers will be used for vehicle tracking using GPS, enabling logistics optimisation within a new fleet management application.
Furthermore Cyan has received an order for 100,000 microcontroller chips to be delivered to a new Chinese customer South West Computer. The devices will be used in a wireless utility meter reading system designed by Cyan in association with a new manufacturing partner. The first deliveries are already taking place with further deliveries scheduled throughout 2009.
In October 2007 Cyan entered into a partnership agreement with South West Computer whereby Cyan provides design expertise and microcontroller technology for a range of products to be manufactured and sold by the company.
Commenting on Cyan's recent successes, Kenn Lamb, CEO of Cyan, said: "In the last year we've applied a lot of development time and effort to our Cy-Solved solutions and this has resulted in a number of notable opportunities. These successes in India and China are just two indicators that this investment is paying off and that our strategies are working."
Cyan also confirms that Mouser Electronics Inc has signed a global distribution agreement with the company. This expands Cyan's reach into the USA where interest in the solutions-based product range has developed considerably over the last 12 months.
About Cyan
Based in Cambridge in the UK, Cyan Holdings plc is a fabless semiconductor company specialising in the development of applications solutions collectively known as Cy-Solved which are built upon the company's low powered, configurable eCOG1kG and eCOG1x microcontroller chips.
Cy-Solved incorporates ready to go solutions, software stacks, applications examples, modular software based on easy to use APIs, evaluation boards and production hardware modules from partners, all pulled together through Cyan's free integrated development environment CyanIDE. Cy-Solved can be incorporated as-is into an application but also supports an ability to be easily customised - either way, giving users a head start on the road to market. Currently available Cy-Solved applications include RF-Solved, USB-Solved, Ethernet-Solved and Motor Control-Solved.
The Company was founded in 2002 and listed on AIM in 2005 Cyan Holdings plc operates through the brand 'Cyan'.
Website: http://www.cyantechnology.com
Cyan editorial and sales contact:
Emma Stewart, Cyan, Buckingway Business Park, Swavesey, Cambridge, CB4 5UQ UK Tel: +44 (0)1954 234400 sales@cyantechnology.com
Editorial enquiries
Juliet Philip, EML, +44 (0)20 8408 8000 or cyan@eml.com