Export Regulations Update

RNS Number : 1403L

Concurrent Technologies PLC

01 July 2014

 



01 July 2014

Concurrent Technologies Plc

Export Regulations Update

Concurrent Technologies Plc ("the Company"), a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, today provides the following update in relation to the application of UK Government Export Control Regulations to those of its products which contain encryption technology.

The UK Department for Business, Innovation and Skills (BIS) has indicated to the Company that in two weeks' time, BIS expects to be able to publish an open licencing solution to enable the relaxation of the relevant UK export requirements in line with those that exist in the USA.

A further announcement will be made in due course.

Enquiries:

Concurrent Technologies Plc Glen Fawcett, Managing Director	[phone]
Newgate Threadneedle (Financial PR) Caroline Forde Robyn McConnachie	[phone]
Cenkos Securities plc (NOMAD) Neil McDonald Beth McKiernan	[phone] [phone]

Note to Editors:

About Concurrent Technologies Plc

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 4th generation Intel^® Core™ i7, 3rd generation Intel^® Core™ i7, 2nd generation Intel^® Core™ i7, Intel^® Core™ i7 processors and Intel^® Atom™ processors, the Company offers a wide range of computer products which are designed to be compliant with industry specifications including those for products used in extremely harsh environments.

For more information on Concurrent Technologies Plc and its products please visit www.cct.co.uk.

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

 

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