20th Feb 2007 07:00
Cyan Holdings Plc20 February 2007 Press Release 20 February 2007 Cyan Holdings plc ("Cyan" or "the Company") Notice of Preliminary Results - Thursday 29th March Cyan Holdings plc ("Cyan" or "the Company"), the fabless semiconductor companyspecialising in the development of low powered, configurable microcontrollerchips, will announce its Preliminary Results for the year ended 31 December2006, on Thursday 29 March 2007. An analyst briefing given by Paul Johnson (CEO) and Mike Hughes (Chairman), willbe held at 09:30 a.m. on 29 March 2007 at Abchurch Communications, 5th Floor,100 Cannon Street, London EC4N 6EU. - Ends - For further information:Cyan Holdings plcAndrew Lee, Finance Director Tel: +44 (0) 1954 234 400 www.cyantechnology.comCollins Stewart LimitedSimon Atkinson, Corporate Finance Tel: +44 (0) 20 7523 [email protected] www.collins-stewart.com Media enquiries:Abchurch CommunicationsHeather Salmond/ Franziska Boehnke Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com About Cyan Technology 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 are integralcomponents used in nearly all electronic products, ranging from mobile phonesand washing machines to toys, televisions and motorcars. Consumer entertainmentmarkets require more powerful processors and are usually based on 32-bit chipswhich Cyan is developing to serve this market segment. Cyan operates in a $14billion worldwide market for microcontrollers, which is poised to grow to $20billion by 2010. Cyan has identified Europe and South East Asia as the largestmarkets for its products, and as such aims to have 1% of the microcontrollermarket 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 was foundedin 2002, it achieved over 100 design wins during 2006 for its initial eCOG1kproduct and is expanding the range of the patent-protected eCOG1 family andintroducing a new range of 32 bit microcontrollers. Volume shipments on theeCOG1k processor started in 2006 and the eCOG1X family of 30 products will beavailable to ship in volume in Q2 2007. Cyan has already established, through acustomer in China, a significant share of the huge China Tax Control POSTerminal market. Also Cyan has a high volume opportunity with a tier 1 globalbrand name for its new eCOG1X chip. Cyan has introduced design integration support software, CyanIDE, to support theCompany'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 time to market forour customers. Cyan created CyanIDE to avoid relying on costly standard toolsfrom third party suppliers. CyanIDE is available free of charge to ourcustomers. 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 40 people. Cyan Holdings plc is listed on the Alternative Investment Market on the LondonStock Exchange, symbol CYAN.L This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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