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RCS - CyanConnode Holdings - CyanConnode Recognized as WIRED Trailblazer 2024

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RNS Number : 2157F  CyanConnode Holdings PLC  23 September 2024

23 September 2024

CyanConnode Holdings plc

("CyanConnode" or the "Company")

 

CyanConnode Recognized as WIRED Trailblazer 2024

CyanConnode Holdings plc (LSE: CYAN), a global leader in narrowband radio
frequency (RF) smart mesh networks, is pleased to announce that it has been
named a WIRED Trailblazer 2024. This prestigious recognition, awarded by WIRED
Magazine in partnership with HSBC UK, highlights innovative companies driving
positive economic, social, and environmental change through technology.

CyanConnode's inclusion in the 2024 Trailblazer list recognises the Company's
pioneering contributions to the global smart metering industry. The Company
delivers critical IoT solutions that empower utilities and drive digital
transformation across regions such as India, Southeast Asia, and Europe.

The WIRED Trailblazers programme celebrates organizations that are making a
tangible impact on the future of industries by tackling key global challenges
such as sustainability and resource management. CyanConnode's commitment to
innovation, demonstrated through its award-winning RF communication solutions
and large-scale project deployments, positions the Company as a leader in
smart energy transformation.

John Cronin, Executive Chairman of CyanConnode, commented:

"We are honoured to be named a WIRED Trailblazer for 2024. This recognition
validates our ongoing efforts to leverage IoT technology for the greater good.
As we continue to expand our footprint globally, this acknowledgement
motivates us to accelerate the digitalization of energy networks further and
contribute to a sustainable future. Our recent £5.4 million fundraise, which
was heavily oversubscribed, and at a 17.6% premium, will support the
acceleration of our growth."

 

 

-Ends-

 

 

Enquiries:

 

CyanConnode Holdings plc
                                Tel: +44 (0) 1223 865 750

John Cronin, Executive Chairman
 
www.cyanconnode.com

Strand Hanson Limited (Nominated and Financial Adviser)
    Tel: +44 (0) 20 7409 3494

James Harris / Richard Johnson / David Asquith

 

Zeus Capital Limited (Joint
Broker)
                Tel: +44 (0) 20 3829 5900

Simon Johnson / Louisa Waddell

 

Panmure Liberum (Joint
Broker)
                Tel: +44 (0) 20 7886 2500

Rupert Dearden / James Sinclair-Ford

 

 

About CyanConnode

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.

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