10 November 2021
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Cambridge Wireless Best Connector Business
CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has won the Cambridge Wireless Best Connector Business'' Award.
This award recognises teams or businesses that are deploying wireless technology to improve products, increase operational efficiency or bring other benefits. This award celebrates impactful applications of wireless technology.
CyanConnode was recognised for their success in bringing smart metering technologies to market.
John Cronin, Executive Chairman, commented:
"We are pleased to have received the Cambridge Wireless Best Connector Business'' Award. This is a result of years of continuous R&D efforts, leading to development of our 3rd generation Omnimesh IoT platform. This award only strengthens our core belief of not just meeting customer expectations but exceeding them. CyanConnode being lead technology innovation player will continue raising the bar for quality Smart Metering deployment.
Smart Metering is now at the forefront of many Governments reforms priority list. The Government of India is pushing forward to install 250 million smart prepaid meters over the next 5-10 years, and special purpose vehicles will be required to roll out these large infrastructure projects. CyanConnode is strategically placed to help drive these projects forward and was recognised by the Department of International Trade in May 2021 as one of the key trade and investment partnerships between UK and India.
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CyanConnode Holdings plc Tel: +44 (0) 1223 225 060
John Cronin, Executive Chairman www.cyanconnode.com
Arden Partners plc (Nomad and Broker) Tel: +44 (0) 20 7614 5900
Paul Shackleton / Elliot Mustoe (Corporate Finance)
Simon Johnson (Corporate Broking)
CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, which are used for machine to machine (M2M) communication. As well as being self-forming and self-healing, CyanConnode's RF Smart Mesh Networks are designed for rapid deployment, whilst giving exceptional performance and competitive total cost of ownership.
In June 2018, CyanConnode launched its award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform, which has already gained considerable commercial traction, especially in India which is a key market for the Company.
Through a Global partner eco-system, which is vendor agnostic, CyanConnode has several routes to market, therefore it is well positioned to capitalise upon increasing Global demand for smart metering solutions.
For more information, please visit www.cyanconnode.com
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