18th Jan 2007 07:00
Cyan Holdings Plc18 January 2007 Press Release 18 January 2007 Cyan Holdings Plc ("Cyan" or "the Company") Holding(s) in Company Cyan Holdings plc ("Cyan" or "the Company"), the fabless semiconductor companyspecialising in the development of low powered, configurable microcontrollerchips, was advised by Peter Lobbenberg that following a purchase of 1,500,000 on17th January 2007, he has an interest in the Company of 4.200,000 ordinaryshares of 0.2 pence each, representing 4.93% of the issued share capital of theCompany. The new holding will be registered in the name John Peter Lobbenbergand Michael David Wood. - Ends - For further information:Cyan Holdings plcAndrew Lee, Finance Director Tel: +44 (0) 1954 234 400 www.cyantechnology.com Media enquiries:Abchurch CommunicationsHeather Salmond/ Franziska Boehnke Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com Notes to Editors Cyan Holdings plc is a fabless semiconductor company which specialises in thedesign, sale and support of a range of 16-bit and 32-bit general-purpose lowpower, high performance microcontroller chips ("MCUs"). These chips areintegral components used in nearly all electronic products, ranging from mobilephones and washing machines to toys, televisions and motorcars. Consumerentertainment markets require more powerful processors and are usually based on32-bit chips which Cyan is developing to serve this market segment. Cyanoperates in a $14 billion worldwide market for microcontrollers, which is poisedto grow to $20 billion by 2010. Cyan has identified Europe and South East Asiaas the largest markets for its products, and as such aims to have 1% of themicrocontroller market within 5 years. Originally Cyan was a spin out from Cambridge Consultants Limited to use its16-bit core, the same core used in CSR's Bluetooth chips. Since Cyan wasfounded in 2002, it has achieved 100 design wins for its initial eCOG1(R)kproduct and is expanding the range of the patent-protected eCOG1(R) family andintroducing a new range of 32 bit microcontrollers. Cyan has introduced design integration support software, CyanIDE(R), to supportthe Company's entire range of current and future microcontrollers. The softwaremakes chip integration into customers' products vastly more simple, quick,reliable and hence less expensive while dramatically reducing development time.Cyan created CyanIDE(R) to avoid relying on standard tools from third partysuppliers. The company is headquartered in Cambridge, UK and opened a sales and technicalsupport office in Hong Kong in May 2005 which services the Chinese market. Cyanemploys 32 people. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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