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CyanConnode - $10M follow-on order

Tue, 15 Aug 2017, 07:15am BST

John Cronin, Executive Chairman, announces a further $10M follow-on order for a smart metering project in Bangladesh. CyanConnode announced an initial order of $5M for this project in February, which was then extended to $9M in June. Only two months later, the customer has now placed a new extension order of $10M for a further 300,000 units taking the total order to date to 550,000 units, with an overall value of $19M.

John Cronin
Executive Chairman