Interim Results

CONCURRENT TECHNOLOGIES PLC
13 October 1999

                    Concurrent Technologies Plc
                                 
                   Interim Results Announcement
                                 
                     Strong forward order book
                                 
Concurrent  Technologies Plc, which designs, produces and  markets
single board computers known as Multibus II and VME, announces its
Interim Results for the six months ended 30 June 1999.

*     Turnover  for  the period was £1.9 million (1998H1:  £2.08m,
      1998:£3.7m)

*     Loss  for  the  period  £331,636  (1998H1:  £1,895  profit,
      1998:£359,915 loss)

*     Strong balance sheet

*     Substantial forward order book, at end of September

*     H2 sales expected to be £3.6 million

*     Further   range   of  products  introduced   -   CompactPCI
      architecture


Michael Collins, Chairman, commented:

'.. we are starting to see real tangible benefits from the raising
of  new  share  capital last year, the expansion  of  our  product
portfolio and our investment in further design and development and
in the USA sales team.

'..  in  the  last quarter of the year, we anticipate that  sales
will  be  approximately £2.17m, an average of over  £720,000  per
month. This compares with an average of £266,000 per month in the
first quarter of this year.

'Our  forward  order  book  gives us confidence  that  sales  will
continue  into  2000  at the same level as or  better  than  those
anticipated in the last quarter of 1999.

'I  have  in the past been extremely conservative in my statements
about  Concurrent  Technologies.  I  feel,  however,  that  I   am
justified  at this time in stating to you more bullish  sentiments
about the company's prospects.'

                                                   13 October 1999
Enquiries:

Concurrent  Technologies Plc                Tel.No.0171 457 2020 (today)
Glen Fawcett, Managing Director             Tel.No.01206 752626


College Hill                                Tel. No. 0171 457 2020
Michael Padley
THE CHAIRMAN'S STATEMENT

    * Significantly  increased sales anticipated  for  second
       half of 1999 and into 2000
    * Positive sales indications from USA for 2000 and 2001
    * Substantial  new  markets  opening  up  for  Concurrent
       Technologies products in VME and CompactPCI
    * Confident  of significantly improved financial  results
       in 2000

Financial

The  turnover for the group for the six month period  ended  30th
June  1999 was £1,914,259. Although this was slightly behind  the
turnover  for  the  same  period in  1998  there  are  now  clear
indications  that  we are starting to see real tangible  benefits
from  the  raising of new share capital last year, the  expansion
of  our  product  portfolio and our investment in further  design
and  development  and in the USA sales team.  The  loss  for  the
period was £331,636.

Our  balance  sheet  remains strong. As at  30th  June  1999  our
management  figures indicate that our current  assets  (including
cash  of  £1.58m) exceeded our current liabilities by over  £2.5m
and  our  total  assets exceeded our total  liabilities  by  over
£2.9m.  Also  the shareholders should note that the  considerable
investment  in product design and human resources which  are  not
reflected   in   the  balance  sheet  have  had  an   impact   on
profitability.

Our  outstanding sales order book as at the end of September 1999
leads  us  to  believe that sales for the whole of 1999  will  be
approximately £5.5m. In support of this statement, we have  taken
the  unusual step of having our Auditors review and confirm  this
figure.  We anticipate that in the second half of the year  sales
will  be  approximately £3.6m which is about 90% up on the  sales
in  the  first half of the year. Further, in the last quarter  of
the  year, we anticipate that sales will be approximately £2.17m,
an  average  of  over £720,000 per month. This compares  with  an
average of £266,000 per month in the first quarter of this year.

Our  forward  order  book  gives us confidence  that  sales  will
continue  into  2000 at the same level as or  better  than  those
anticipated in the last quarter of 1999 and the Board expects  to
approve a sales budget for 2000 in the region of £10m.

Our  confidence is based upon the fact that a major part of  this
anticipated  level  of  business  is  from  customers  who   have
indicated  to us that their requirements in 2000 and  beyond  are
anticipated  to be higher than they have been this year.  We  are
achieving  continued  success  with  the  original  Multibus   II
product range where we have been particularly successful of  late
in     achieving    design    wins    in    projects    involving
telecommunications, medical imaging and air traffic control.

Although  in the immediate future our sales will continue  to  be
dominated  by  Multibus II projects, the key to  our  anticipated
expansion   lies  with  the  broadening  of  our  product   range
including  VME  single  board computers  ('SBCs')  and  ancillary
products.  I  am  also  able to announce that  we  have  recently
introduced  a  further  range of products  using  the  CompactPCI
architecture.  All our SBCs, however, are still  based  primarily
on  the Intel  Pentium, Pentium II and successor processors which
continue  to  be  the  processors  of  choice  for  many  systems
builders.

In  2000  we  shall begin to see real benefits from our  recently
recruited  USA  sales  force  which  is  opening  up  many   more
opportunities  than  were previously available  to  the  company.
They  have submitted very positive sales indications for the  USA
in  2000 and 2001. I am confident that our sales in the USA  will
build   substantially  and  are  likely  to  be   a   significant
proportion of group sales in future years.

Dividends

The Board does not propose to pay an interim dividend.

Markets

Concurrent  Technologies' growing range of  products  has  gained
universal  acceptance  amongst many leading  companies.  Projects
such  as  telecommunications systems  (including  mobile  digital
telephone   systems),  radar  networks,  aerospace  applications,
defence,  medical  and industrial systems incorporate  Concurrent
Technologies' SBCs.

For  the  first  twelve  years  or  so  of  its  life  Concurrent
Technologies  produced SBCs based primarily on  the  Multibus  II
Architecture.  In that period it built up a substantial  body  of
knowledge  and experience on Intel microprocessor technology  and
the  operating systems most often used by customers who  purchase
Multibus  II  SBCs.  It  is  clear now that  major  changes  have
occurred and are continuing to occur in the market for SBCs,  the
most significant of which being the trend towards Intel CPUs  and
operating  systems which work well with them such as  Microsoft's
Windows NT operating system.

A  significant  part  of  the  SBC  market  consists  of  systems
integrators  and  original equipment manufacturers  (OEMs)  which
are  using the VME Architecture which traditionally has not  been
linked  in  any significant way with Intel CPUs. Intel  has  also
promoted  the  development of another architecture  designed  for
use  with Intel CPUs, namely CompactPCI. Many systems integrators
and  OEMs previously used Motorola CPUs, which either have  never
worked  with Windows NT or are unlikely to work with  Windows  NT
in  the  future, and they need to move towards using Intel  CPUs.
This  has  presented  a  significant opportunity  for  Concurrent
Technologies to increase its range of SBCs by migrating  some  of
its designs from its original Multibus II based product range  to
new  ranges  of  VME  and CompactPCI SBCs. We  believe  this  has
opened  up  a  market  to Concurrent Technologies,  which  on  an
annual  basis  during the next three years, is many times  larger
than that in which the Company has operated previously.

A  recent survey undertaken by Venture Development Corporation of
the  market  for  merchant  computer boards  for  real  time  and
embedded applications using bus architectures ('bus boards'),  of
which  SBC's are the major part, estimated that in 2002  VME  bus
boards  would  constitute  42.6%,  CompactPCI  boards  4.7%   and
Multibus  I  and II boards 0.3% of this market. The  same  survey
estimated   the  market  for  these  bus  boards  to  have   been
$1,999,000,000  in  1994  and  to  be  $3,936,000,000  in   2002.
Concurrent  Technologies has as yet a comparatively  small  share
of  the  total  market  but we expect to have  an  expanding  and
substantial share of the available Multibus II segment, which  we
believe  will become increasingly specialist, and we  should  see
sales  opportunities  opening up for our new  products  in  2000.
Because  of this we anticipate that Concurrent Technologies  will
move up to a higher level in terms of its activity.


Commitment of Directors

The directors and their associates hold between them over 18%  of
the issued ordinary share capital of the Company.

Marketability of the Shares in Concurrent Technologies

We  have  been  satisfied with our experience on the  Alternative
Investment  Market,  which  enabled  us  to  raise  capital   for
expansion  and investment in further design and development  when
we  required  it in 1998. We will now be considering  whether  we
should  move  the listing of the Concurrent Technologies'  shares
to  another  market.  There  is  some  interest  already  in  the
proposals  recently  announced by the Stock Exchange  to  set  up
'TechMARK'  as a new market specialising only in high  technology
stocks.  We  will be considering this and other possibilities  in
the coming months.

Outlook and Future Plans

In  July  1998 our successful fund raising from the  Placing  and
Open  Offer which took place at that time allowed us to  increase
the  number  of qualified engineers and sales support  staff,  to
expand  our marketing activities, particularly in North  America,
and  to  consolidate  our production. We  believe  that  we  have
premises  and  production facilities fully capable  of  producing
products of at least £20m per year subject to incurring a  modest
amount  of further expenditure on additional production equipment
as  turnover expands. We do not anticipate that we will  have  to
increase our share capital to fund this.

Your  Board will be giving consideration to the establishment  of
strategic  alliances  with  one or  more  other  companies  where
complementary  products  can  be  combined  to  offer  a   system
solution to customers of either party.

I  have  in the past been extremely conservative in my statements
about  Concurrent  Technologies.  I  feel,  however,  that  I  am
justified  at this time in stating to you more bullish sentiments
about  the company's prospects. This confidence is based upon  an
in  depth review that your directors have recently undertaken, in
conjunction  with our salesmen in USA, Europe, South  Africa  and
UK,  as  to  the current situation of the company and  its  sales
prospects until the end of 2000.


                                                  MICHAEL COLLINS
                                                         CHAIRMAN
                                                  13 October 1999


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                                                    organisations.

                   CONSOLIDATED TRADING RESULTS


                                                                     
                               Unaudited    Unaudited       Audited  
                              Six months          Six    Year ended
                              to 30/6/99       months      31/12/98
                                                   to
                                              30/6/98
                                                                     
                                     £'s          £'s           £'s  
Turnover                       1,914,259    2,083,029     3,688,895  
                                                                     
Profit on ordinary             (331,636)        2,199     (383,918)  
activities before taxation
                                                                     
Taxation                               -          304      (24,003)  
                                                                     
                                                                     
                                                                     
(Loss) / Profit on ordinary    (331,636)        1,895     (359,915)  
activities after
taxation retained for the                                            
period
                                                                     
Earnings / (Loss) Per            (0.47)p        0.00p       (0.61)p  
Equity Share
                                                                     

Notes:

1 The results for the year ended 31 December 1998 are abridged
  from the Financial Statements for the year which contain an
  unqualified audit report and have been filed with the Registrar
  of Companies.

2 The Consolidated Trading Results have been prepared on a basis
  consistent with the Financial Statements for the year ended 31
  December 1998.

3 Copies of this report have been sent to Shareholders and are
  available at the Company's Registered Office.