3rd May 2016 07:48
LONDON (Alliance News) - Cyan Holdings PLC on Tuesday said it has signed a contract with JST Group under which the latter will distribute Cyan's smart meter technology in Thailand.
JST is a technical products and services provider in Thailand. Cyan has installed the CyLec smart metering technology in JST's laboratory in Bangkok.
No financial details were disclosed.
"We are delighted to have signed a distributor agreement with JST which provides another new channel to market for Cyan," said Cyan Executive Chairman John Cronin.
Cyan shares were up 0.7% to 0.28 pence Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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