Concurrent Technologies Plc
Trading Update
Concurrent Technologies Plc, (the "Company") a leading manufacturer of high-end
embedded computer products for critical applications in the defence,
transportation, communications and industrial markets, announces a trading
update for the six months ended 30 June 2008.
The Directors are pleased to announce that trading in the first six months was
encouraging. Good progress has been made across the Company with new customers
being attracted and good margins being sustained. The Company continues to
remain well funded with healthy cash reserves and no borrowing
The first half of the year has seen the Company strengthen its presence in the
market place with a number of new product launches. Coupled with this, the
Company has increased its investment in design and development of products both
in the UK and overseas with the recent establishment of a development centre in
Bangalore, India. The announcement of international senior management
appointments underlines our strategy to further develop our global reach.
10 July 2008
Contacts:
Concurrent Technologies Plc 01206 752 626
Glen Fawcett, Managing Director
Haggie Financial LLP 020 7417 8989
Nicholas Nelson/Kathy Boate
Nominated Adviser
Brewin Dolphin 0845 213 1120
Alan Stewart
Note to Editors:
Concurrent Technologies Plc develops and manufactures high-end embedded
computer products for use in a wide range of high performance applications
within the telecommunications, defence, security, telemetry, scientific and
aerospace markets. Using Intel® processors, including the latest Intel® Core™2
dual-core processors, the Company offers a wide range of computer
products which are designed to be compliant with the most stringent industry
specifications including those for products used in extremely harsh
environments.
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