Cyan Wins Smart Metering, ICT & Data Management Award
Recognised by Industry leaders at top European event
Cambridge, UK: Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, has won the Smart Metering, ICT & Data Management Award at the European Utility Week 2015 Awards for its CyLec® retrofit smart metering module – designed for the power sector in emerging economies.
Judges felt that Cyan had contributed greatly to the formation of Advanced Metering Infrastructure, praising the originality, practicality and sustainability of Cyan’s CyLec Connect retrofit module. The technology provides smart metering functionality to legacy meters to accelerate the rollout of smart grids without having to ‘rip and replace’ the existing meter stock.
John Cronin, Executive Chairman of Cyan Technology, commented: “We are thrilled to receive this prestigious award in recognition of Cyan’s innovation in next-generation smart grids. We continue to create innovative solutions tailored to the specific environmental and economic conditions in which they are deployed. It’s great to see our hard work recognised by such a respected institution.”
The awards were presented at European Utility Week, held in Vienna over 3 days, which brings together 10,000 smart energy professionals from around the world. These experts share insights on how the energy sector can move forward, where innovation is needed and also the role of the policy maker and new market entrant in establishing a cleaner future.
John Cronin, Executive Chairman
Tel: +44 (0) 1954 234 400
Cantor Fitzgerald Europe – Nomad and Broker
Andrew Craig / Richard Salmond
Tel: +44 (0)207 894 7000
Beaufort Securities Limited – Joint Broker
Tel: +44 (0) 207 382 8300
Walbrook PR – Financial PR
Paul Cornelius / Nick Rome
Tel: +44(0) 20 7933 8780
CyanConnode is a world leader in narrowband RF mesh networks that enable Omni IoT communications. Cyan’s Ultimesh provides narrowband RF mesh network, optimised for exceptional performance and total cost of ownership and Connode’s Panmesh delivers standards-based IPv6 solutions, enabling rapid innovation for the implementation of third party applications. The Group provides customers with the flexibility and choice required to converge networks for applications in smart cities and IoT, delivering increased customer value.
For more information, please visit www.cyanconnode.com.
CyLec® is a complete control and communication network for electricity metering. CyLec® uses wireless technology to enable the collection and delivery of data from and to a meter, such as energy profiles, instant readings and the sending of tariff updates. Priority data can also be sent back to the utilities such as information regarding tampering enabling the utility to take action immediately.