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cyan AG, DE000A2E4SV8

cyan AG, DE000A2E4SV8

07.08.2019 - 10:24:20

cyan AG: Relocation to new headquarters in Vienna

cyan: Relocation to new headquarters in Vienna

New headquarters lays foundation for future growth and provides space for more than 100 IT specialists Important step towards "ONE brand - ONE company" Sale of I-New office building in Mattersburg completed

Vienna, August 7, 2019 - cyan and I-New will operate in a new headquarters, the ICON Vienna building, at Vienna Central Station. For cyan, the merger of the two Austrian locations results in considerable efficiency gains of internal processes.

Peter Arnoth, CEO of cyan: "The joint headquarters will lead to significantly shorter communication channels and improved knowledge exchange under optimal working conditions. With the gradual implementation of our brand strategy "ONE brand - ONE company" cyan is moving more and more into the center of attention. We will already present ourselves under the united brand cyan at the Mobile World Congress in Los Angeles in October."

The construction of the office extension will begin immediately, which will also provide the basis for a faster roll-out of cyan products. A total of about 65 employees moved into the new building. In addition, about 75 further employees are spread across global branches such as Colombia, Mexico, Chile and Hungary.

About cyan Cyan (XETR:CYR) is a leading global provider of intelligent, white labeled IT security solutions and telecom services with more than 15 years of experience in the area of IT security. The main business areas of the company are cyber security solutions for the end customers of mobile network operators and fixed line internet service providers (MNO), mobile virtual network operators (MVNO) as well as for the banking sector and insurance companies. cyan's solutions are integrated into the business partner's infrastructure and then offered under its own name ("white labeled") to its end customers ("B2B2C").

Today, the group has more than 50 international customers, through whom cyan's products are sold to around 8 million end customers. cyan offers a service along the entire value chain, from the platform to data optimization and cyber security. The company also operates its own research & development center with the goal of recognizing trends in the industry at an early stage and to create the best possible product solutions. In December 2018 cyan has concluded a global group contract with Orange for its cyber-security solutions. Cooperation partners include Aon, the world's leading insurance broker, and the payment service provider Wirecard.

Further information is available at www.cyansecurity.comInvestor Contact Florian Rukover, Head of IR cyan AGflorian.rukover@cyansecurity.com

Press Contact Frank Ostermair Better Orange IR & HV AG Tel. +49 89 88 96 906 14 frank.ostermair@better-orange.de

End of Media Release Issuer: cyan AG Key word(s): Real estate

07.08.2019 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: cyan AG Friedrich-Herschel-Strasse 5 80679 Munich

Germany Internet: www.cyansecurity.com ISIN: DE000A2E4SV8 WKN: A2E4SV Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange EQS News ID: 852373   End of News DGAP Media

852373  07.08.2019 

@ dgap.de