Re Agreement

Cyan Holdings Plc 19 June 2007 Press Release 19 June 2007 Cyan Holdings plc ('Cyan' or 'the Company') New agreement speeds Cyan's entry into the wireless market Cyan Holdings plc (AIM: CYAN.L) the fabless semiconductor company specialising in the development of low powered, configurable microcontroller chips, is pleased to announce that it has completed a joint development and marketing agreement with Adaptive Modules Ltd an established supplier of wireless modules to European Markets which will speed up Cyan's entry into the wireless market. Kenn Lamb, CEO of Cyan commented: 'Following my description of Cyan's new strategy at the recent AGM I am delighted to be making our first announcement of a partnership in the wireless communication space. Cyan already had a capability in wireless communication and has developed valuable application software that enables flexible and low cost production solutions. Adaptive Modules already had a customer requirement and by agreeing a partnership where Adaptive become the manufacturing and sales channel with a product enhanced by Cyan's MCU and programmed by Cyan's software tools will accelerate and broaden Cyan's penetration of this fast growing market. This initial module demonstrates that Cyan can offer cost savings through a reduced bill of materials, faster time to market through use of our graphical tools and added value through application software which is sold at extra cost alongside the MCU's as an integral part of this agreement. I expect to be making further announcements in the future demonstrating Cyan's commitment to a new partner based go-to-market strategy.' Adaptive Modules (http://www.adaptblue.com/wireless_technologies.htm) and Cyan will produce a new range of low cost wireless communication modules fully supported by Cyan's point and click graphical development tool. The agreement licenses an existing wireless module design developed by Cyan together with application software integrated as a complete system. Adaptive Modules will manufacture and market this module and future modules to its broad base of customers. Adaptive's customers may choose to simply deploy this module in their production product, or to modify or extend the software by using a modified but integral Cyan graphical software development system. Andrew Aslett, Managing Director of Adaptive Modules commented 'The combination of Cyan's MCU and the software development system offers our customers a very attractive combination of a low cost, production ready product, but with the flexibility to add their own application specific software. Cyan's technology makes it very easy for us to develop new modules to suit our customers' requirements and allows our customers to easily add their own differentiating features. We became familiar with Cyan while developing this first module for a specific customer and are delighted to be able to extend the module's availability to all our customers and agree a development program that will extend our range of Cyan based modules to additional wireless communication standards.' - Ends - For further information: Cyan Holdings plc Kenn Lamb, 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 Boehnke Tel: +44 (0) 20 7398 7700 franziska.boehnke@abchurch-group.com www.abchurch-group.com This information is provided by RNS The company news service from the London Stock Exchange
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