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.