eCOG1X goes into production

Cyan Holdings Plc 31 August 2006 Press Release 31 August 2006 Cyan Holdings Plc ('Cyan' or 'the Company') Cyan becomes a multi-product company Cyan Holdings Plc (AIM: CYAN.L), the fabless semiconductor company specialising in the development of low power consumption, configurable microcontroller chips, announces today that is has expanded its product range with the release to production of eCOG1X. eCOG1X transforms Cyan from a single product company to a multi-product company with 33 products and enable Cyan to capture further design wins in a number of new markets. The eCOG1X triples the computing performance of the eCOG1k which continues in production for ultra low power applications. Cyan has already secured 14 design wins for the eCOG1X including ePOS and Telematics applications with additional opportunities in security, access control, pay phones, consumer and networking. These initial design wins are likely to total about 250,000 units per annum when all are in full production at projected annual run rates. In addition there are a further 18 opportunities of over 50,000 units per annum that could result in 3.5 million units per annum at full projected annual run rates. The unit selling price for eCOG1X products ranges from $4 to $10. Paul Johnson, CEO of Cyan, commented: 'We are delighted to go into production with eCOG1X and expect revenues in 2007. We can now offer our customers a range of microcontrollers, all providing lower power consumption, with the eCOG1X tripling the computing performance of the eCOG1k. This will enable the Company to respond to future market demands and takes the Company to the next stage of its corporate development.' - ends - For further information: Cyan Holdings plc Paul Johnson, Chief Executive Officer Tel: +44 (0) 1954 234 400 www.cyantechnology.com ------------------------ Collins Stewart Limited Simon Atkinson, Corporate Finance Tel: +44 (0) 20 7523 8350 www.collins-stewart.com -------------------------- Media enquiries: Abchurch Communications Heather Salmond / Franziska Bohnke Tel: +44 (0) 20 7398 7700 franziska.boehnke@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. CyanIDE and eCOG are registered trade marks of Cyan Holdings plc. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings