DS Technology is an Information Communication Technology (ICT) infrastructure and services integration company. The company is a trusted integrator to the Utility, Oil and Gas, Government, Defence and Telecommunications sectors and focuses on very large-scale telecommunications and network infrastructure, applications and services which are designed, deployed and supported by highly skilled technical and management teams.
Under the terms of the Agreement CyanConnode displaces a significant competitor. The Agreement also includes various sales performance milestones. DS Technology will distribute CyanConnode's RF Mesh Networks, which are self-forming and self-healing, as well as its revolutionary Ominmesh platform that can manage multiple communication systems through one management control interface, thereby significantly reducing complexity and integration costs.
The Gulf Corporation Council ("GCC") has estimated that GCC member states may be able to save up to US$ 10 billion in infrastructural investment by 20201, through the use of information technology, including smart grids and smart metering. The GCC estimate provides DS Technology and CyanConnode with an immense opportunity to work with integrated utilities in the region.
Harry Berry, CyanConnode's Chief Operating Officer, commented: "We are excited to announce this Partnership with DS Technology, who have decided to replace a previous vendor's solution with CyanConnode's RF Mesh Networks and Omnimesh.
"With DS Technology's established customer base in UAE and Bahrain, this partnership provides CyanConnode with a quick route to market. The partnership will maximise sales potential in two new territories as well as widening the Company's global distribution channels."
Omar Barzanji, DS Technology's CEO, commented: "As the integrator of one of the largest Smart Grid deployments in the region, DS Technology is a market leader who offers highly innovative and sustainable telecom solutions to its utility customers.
"DS Technology is delighted that it can now offer its customers CyanConnode's RF Mesh Networks and Ominmesh solutions, which are uniquely suited for our regional utilities and in the knowledge that CyanConnode's technology has been proven by large commercial scale deployments."