New processor Plug In Card launched

Concurrent Technologies PLC

30 May 2024

 

30 May 2024

Concurrent Technologies Plc

(the 'Company')

New processor Plug In Card launched

Concurrent Technologies, (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, is excited to announce the launch of Magni, a SOSA (open-standard) aligned, high-performance Plug In Card based on an Intel® processor. The Company will market Magni as a Plug In Card to system integrators and use it as the basis for its own system level products. 

Magni is a highly rugged card and incorporates on-board graphics processing capabilities offered by Intel®.  For some customers this will enable them to avoid the need for a dedicated GPGPU (General Purpose Graphics Processor Unit) card that would occupy an additional slot in the overall system. This in turn helps systems to be smaller and more efficient. Additionally, this product has an expansion interface on the board itself, to which a host of accelerator, storage  or custom processing cards can be directly attached. This allows for a wide range of customer specific configurations, providing flexibility for systems integration. Typical applications include high performance mission control, encryption processing and secure storage.

 
Miles Adcock, CEO of Concurrent Technologies, commented: "Magni complements our product portfolio and will be useful to ourselves and other systems integrators with improved scope for flexible design solutions that optimise for size, weight, and power. This extends the user applications that we can serve whether as a standalone card or as an integrated system."

Enquiries:

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

Note to Editors:

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.

 

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