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12 Jul 2019 | 08:06

CyanConnode receives follow-on Nordic order worth €489,000

CyanConnode Holdings said it had received a follow-on Nordic order worth €489,000 from an existing partner for the company's legacy hardware and software.

The existing partner and the end customer, a Nordic Utility, was expanding an existing smart metering deployment, the company said. The company expected to recognise 50% of the revenues for this follow-on order in 2019 and 50% in 2020.

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