CyanConnode Holdings Plc provided revenue guidance for the year ended December 31, 2017. The company has been notified by a significant customer that deployment for one of these larger contracts has been delayed, owing to circumstances outside the company's control, and that deployment is now expected to commence in the first half of 2018. This customer has reiterated that it remains committed to using CyanConnode for this project and additional projects in other jurisdictions. Therefore, given delivery is now expected to be made during 2018, hardware and service revenues relating to this project will now be recognised in the company's current financial year. As a result of this delay, revenue for the 12-month period to 31 December 2017 will be significantly below market expectations at £1.2 million.