Cyan sizzles on Tata contract win in Mumbai
1st Jul 2014 11:30
Shares in Cyan, the developer of smart utility meters and lighting controls, have sparkled after its technology received a major contract boost in India. A consortium that will employ Cyan's CyLec advanced metering infrastructure (AMI) solution has been selected by Tata Power Mumbai for a sizeable
Read moreCyan jumps on further contract win in Brazil
17th Jun 2014 09:55
AIM-listed Cyan Holdings saw its shares leap by a third on Tuesday morning after the software designer won a contract from partner Nobre to run a second pilot of its retrofit smart metering unit in Brazil, following the success of the first. The second pilot will test whether the consumer's power
Read moreCyan Holdings to raise 1.1m pounds in placing
2nd Dec 2013 15:22
Wireless technology group Cyan Holdings unveiled plans to raise 1.1m pounds in a share placing, hitting its shares by 0.03p to 0.18p at 15:09 in London. Cyan, which designs software for wireless utility metering and lighting control, plans to issue 733m ordinary shares at 0.15p each. It expects t
Read moreCyan signs Brazilian smart-meter partnership
18th Sep 2013 11:32
Wireless technology innovator Cyan Holdings has formed a partnership in Brazil with a local technology company to sell automated electricity meter reading (AMR) products and services. Cyan has teamed up with systems integrator Nobre de la Torre to collaborate on the development, supply and system
Read moreCyan suffers Indian delay but eyes imminent close
31st May 2013 11:45
Wireless controls specialist Cyan's revenues shrank by almost a third last year but the company trimmed losses and said a 'transformational' contract in India was nearing completion. The Aim outfit, whose wireless solutions are being used by a number of utility meter companies to create 'smart met
Read moreMonday broker round-up UPDATE
8th Apr 2013 07:21
Aberdeen Asset Management: Jefferies takes target price from 400p to 420p maintaining a hold recommendation. Admiral Group: Credit Suisse increases target price from 1320p to 1351p keeping a neutral rating. Antofagasta: Investec moves target price from 958p to 934p keeping a sell recommendation.
Read moreCyan Holdings raises funds as it waits on India contract
5th Apr 2013 11:43
Cyan Holdings has raised one million dollars as it waits for a decision on an electricity metre contract in India. The company sold 223m new ordinary shares at price of 0.45p per share to raise the funding needed to tide it over until an agreement is reached with the Tamil Nadu Electricity Board (T
Read moreCyan increases operations in India
25th Mar 2013 12:16
AIM-listed Cyan Holdings, the integrated system and software design company, has appointed Shiv Kaushik as Country Manager in India. Kaushik, who has more than 18 years of experience with IT companies, will be involved in Cyan's strategy to build key relationships in the energy and utility sector
Read moreCyan Holdings shares rise on India pilot
11th Feb 2013 08:58
Software design company Cyan Holdings on Monday said one of its manufacturing partners has started a pilot with a large public utility in north India. Shares in the company rose 4.38% to 0.72p after the group revealed its flexible wireless technology CyLec was being deployed with the utility for t
Read moreCyan forecasts 'growing demand' for smart metering solutions in India
15th Jan 2013 10:57
The Indian market is gearing up for large scale deployment of advanced metering infrastructure, according to the predictions of software design company Cyan and recent indications from IMS Research. AIM-listed Cyan said that it welcomed a recent forecast by IMS Research that smart utility meters w
Read moreSmall caps round-up: Pipehawk, Maxima Holdings, Low Carbon Accel...
22nd Oct 2012 16:59
Electronic systems development firm Pipehawk rose 2.6 per cent after it said the second half of the year had showed a great improvement over the first and the firm had managed to turn a half year loss into a full year profit. Revenues were £3.34m in the year to the end of June, with a profit after
Read moreArden Partners COO buys shares after disappointing results
20th Jul 2012 16:20
Steve Wassell, the Chief Operating Officer of stockbroker Arden Partners, purchased 195,000 in the stockbroker through his self-invested personal pension on Thursday. Wassell bought the shares at 43.50p each for a total of £84,825, increasing his stake in the company to 373,743 shares, equal to aro
Read moreCyan makes double placing ahead of 'crucial phase'
13th Jul 2012 11:02
Cyan Holdings, an integrated system and software design company, has made two placings, as a result of which just over 602m shares will be issued at 0.35p each. The placing will raise £2.1m before expenses, which will be used for general working capital requirements, business development and other
Read moreSmall caps round-up: Cyan, Aer Lingus, Mobile Tornado ...
7th Jun 2012 13:59
Cyan Holdings, the wireless solutions company, has revealed that three more Cyan partners have received requests from the Tamil Nadu Electricity Board (TNEB) Automatic Meter Reading tender to proceed with installation and commissioning of 500 unit pilots within the next 25 days. The news follows Cya
Read moreSmall caps round-up; Cyan, Victoria, Physiomics ...
7th Mar 2012 12:28
Semiconductor company Cyan Holdings has reported that 16 firms have submitted proposals for the tender relating to the Tamil Nadu Electricity Board (TNEB) Automatic Meter Reading, and that five of these are based on the company's Cylec technology. TNEB is one of the largest electricity distributors
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