LONDON, UK: CyanConnode Holdings plc (AIM: CYAN) has received an order for a smart metering deployment in MENA Region (Middle East and North Africa), which is a brand new territory for the company.
This order is for CyanConnode’s mobile communications product which will be deployed to attach smart electrical energy and smart water meters.
Under the contract, CyanConnode will provide mobile hubs, with a capability to deal with as much as 1 million meters.
Following an preliminary stage of acquiring certifications, it’s anticipated that supply against the order will commence throughout this calendar year.
John Cronin, Executive Chairman, commented: “We are delighted to have received this order from a brand new territory with CyanConnode’s mobile product. We look ahead to working with this buyer to additional develop our enterprise in MENA.”
CyanConnode (AIM:CYAN.L), is a world chief in Narrowband Radio Frequency (RF) Smart Mesh Networks, that 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, while giving distinctive efficiency and aggressive total cost of ownership.
In June 2018, CyanConnode launched its award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform, which has already gained appreciable commercial traction, particularly in India which is a key marketplace for the Company.
Through a Global partner eco-system, which is vendor agnostic, CyanConnode has a number of routes to market, therefore it’s well positioned to capitalise upon increasing Global demand for smart metering solutions.
www.cyanconnode.com