Board Appointment

Concurrent Technologies PLC

05 February 2024

 

5 February 2024

Concurrent Technologies Plc

(the 'Company')

Board Appointment

Concurrent Technologies Plc (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems and mission critical solutions used in high-performance markets by some of the world's major OEMs, announces the appointment of Isabel ("Issy") Urquhart as an independent Non-Executive Director to the Company with immediate effect.

Issy is an experienced commercial human resources (HR) director with over 30 years' experience working with global technology and financial services businesses in both the public and private sectors.  Issy is currently Chief People Officer and Director at AIM-listed SaaS business Craneware plc. Previous roles include HR Director for EMEA at CommScope, a Fortune 500 organisation with 30,000 employees worldwide, Vice President (VP) of HR at Wolfson Microelectronics plc and VP of HR for EMEA, LATAM and APAC at Convergys. Across all roles, Issy has been responsible for implementing successful people programs and leading extensive business change and culture initiatives. She brings specialist experience in M&A and delivering effective global, collaborative working.

Mark Cubitt, Chairman of Concurrent Technologies, commented: "We are delighted to welcome Issy to the Board at a particularly exciting time for the Company and look forward to benefitting from her expertise in driving people and change management strategies across trans-Atlantic operations. I am confident Issy will be an invaluable guide to the business as we deliver on our growth strategy and create the right environment for our people to succeed."

Enquiries:

Concurrent Technologies Plc Miles Adcock - CEO Kim Garrod - CFO	[phone]
Alma Strategic Communications Hannah Campbell Josh Royston	[phone]
Cavendish Capital Markets Limited (NOMAD) Neil McDonald Peter Lynch	[phone] [phone]

The following disclosures are made pursuant to Schedule 2 paragraph (g) of the AIM Rules.

Isabel Urquhart, age 55, holds/held the following directorships and/or partnerships:

Current Directorships / Partnerships	Former Directorships / Partnerships (within the last 5 years)
Craneware plc	-

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded Plug In Cards and Systems for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest generation embedded Intel® Core™ processors, Intel® Xeon® and Intel Atom™ processors.  The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems.  The products are sold world-wide.

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.

All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.

 

END