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Report and Financial Statements 2008
Chairmans Statement
Chief Executives Review of Operations
Directors Report
Board of Directors
Corporate Governance Report
Remuneration Committee Report
Statement of Directors Responsibilities
Independent Auditors Report
Financial Statements
Notes to the Financial Statements
Notice of AGM
Form of Proxy
Officers and Professional Advisers
Based in Cambridge in the UK, Cyan Holdings
plc is a fabless semiconductor company
specializing in the development of
applications solutions collectively known as
Cy-Solved which are built upon the
companys low powered, configurable
eCOG1kG and eCOG1x microcontroller chips
(MCUs).
Cy-Solved accelerates design in of Cyan
products by providing a ready to run solution
that a customer can use to prototype and then
easily modify using Cyan tools.This avoids
competing at component level where margins
are thin and only a few cents can determine
the lowest successful bidder. A Cyan customer
makes their own modification to a Cy-Solved
solution resulting in a unique piece of
application software, developed specifically by
them, to provide them with an edge in their
chosen markets.This can deliver dollars of
value to the customer, a value that is only
available when using Cyan MCU products.
Cy-Solved incorporates ready to go
solutions, software stacks, applications
examples,modular software based on easy to
use APIs, evaluation boards and production
hardware modules from partners, all pulled
together through Cyans free integrated
development environment CyanIDE.
Cy-Solved can be incorporated as-is into an
application but also supports an ability to be
easily customised either way, giving users a
head start on the road to market and in many
cases removing the need to understand the
underlying technology.This is a critical
advantage in the Chinese market where the
supplier undertakes a large proportion of
product design as a part of the vendor
selection process.With Cy-Solved Cyan Asias
distributors are all now equipped to quickly
and easily provide customised solutions for
each prospect thus enhancing Cyans
competitiveness in the fastest moving and
most price sensitive of markets.
Currently available Cy-Solved applications
include RF-Solved, USB-Solved, Ethernet-Solved
and Motor Control-Solved all of which already
allow Cyan to address a diverse range of
markets including Automated Utility Metering,
Remote Energy Metering, Asset Monitoring,
White Goods, Security Systems, Industrial
Controls and a wide range of Handheld
Terminals.These markets can be directly
addressed by Cyan during 2009 while
additional Cy-Solved products, released
during the year, will further extend the range
of markets addressable by Cyan during 2009
and beyond.
The Company was founded in 2002 and listed
on AIM in 2005, Cyan Holdings plc operates
through the brand Cyan.
Website: http://www.cyantechnology.com
About Cyan
