China shipment

Cyan Holdings Plc 13 April 2006 Press Release 13 April 2006 Cyan Holdings Plc ('Cyan' or 'the Group') Cyan announces China shipment Cyan Holdings Plc (AIM: CYAN.L), the fabless semiconductor company specialising in the development of low power consumption, configurable microcontroller chips, is pleased to announce that the first volume shipment to our Chinese customer was made on the 12th April 2006. This initial shipment of 17,500 microcontrollers from an order for 100,000 units to be delivered by the end of June 2006 is the first volume shipment made by the company and is in line with the timetable reported to shareholders at the time of the preliminary results announcement. Our customer is manufacturing government tax control POS terminals, a market which is estimated to require in excess of 30 million units in China. Paul Johnson, CEO of Cyan, commented: 'This first shipment to China offers validation for our quality microcontrollers and further endorses our decision to expand throughout Asia from our Hong Kong base.' - ends - For further information: Cyan Holdings plc Paul Johnson, Chief Executive Officer Tel: +44 (0) 1954 234 400 www.cyantechnology.com Collins Stewart Limited Stephen Keys, Corporate Finance Tel: +44 (0) 20 7523 8312 www.collins-stewart.com Media enquiries: Abchurch Communications Heather Salmond / Dana Thomas Tel: +44 (0) 20 7398 7700 heather.salmond@abchurch-group.com www.abchurch-group.com Notes to Editors Cyan Holdings plc is a fabless semiconductor company which specialises in the design, sale and support of a range of 16-bit and 32-bit general-purpose low power, high performance microcontroller chips ('MCUs'). These chips are integral components used in nearly all electronic products, ranging from mobile phones and washing machines to toys, televisions and motorcars. Consumer entertainment markets require more powerful processors and are usually based on 32-bit chips which Cyan is developing to serve this market segment. Cyan operates in a $14 billion worldwide market for microcontrollers, which is poised to grow to $20 billion by 2010. Cyan has identified Europe and South East Asia as the largest markets for its products, and as such aims to have 1% of the microcontroller market within 5 years. Originally Cyan was a spin out from Cambridge Consultants Limited to use its 16-bit core, the same core used in CSR's Bluetooth chips. Since Cyan was founded in 2002, it has achieved 100 design wins for its initial eCOG1(R)k product and is expanding the range of the patent-protected eCOG1(R) family and introducing a new range of 32 bit microcontrollers. Cyan has introduced design integration support software, CyanIDE(R), to support the Company's entire range of current and future microcontrollers. The software makes 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 party suppliers. The company is headquartered in Cambridge, UK and opened a sales and technical support office in Hong Kong in May 2005 which services the Chinese market. Cyan employs 32 people. This information is provided by RNS The company news service from the London Stock Exchange
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