Product Launch

Concurrent Technologies PLC 25 March 2003 Concurrent Technologies Plc Product launch Concurrent Technologies announces the launch of its latest CompactPCI(R) single board computer featuring dual Intel(R) Xeon(TM) processors. This further broadens Concurrent Technologies' range of computers and is a further demonstration of its strategy of widening and improving the product base to meet customer demand. This Xeon(TM) dual processor design is suited to intensive multitasking applications requiring scalability and high performance. It is aimed at a range of market segments with a particular focus on the telecommunications and IT markets. The product is currently under evaluation by existing and possible new Concurrent Technologies' customers. Concurrent Technologies has a world leading position in single board computers which have highly specialised applications where the need for ultra reliability combined with high processing power exists. The size of the market is estimated to be £1,700m* with the potential market for dual processor products being 5% of this. * source: Venture Development Corporation. Glen Fawcett, Managing Director, Concurrent Technologies Plc commented: 'Today's announcement is illustrative of our technical leadership and drive to expand into new market areas. Our recent results demonstrate progress despite adverse global market conditions' 25 March 2003 ENQUIRIES: Concurrent Technologies Plc Tel: 01206 752 626 Glen Fawcett, Managing Director College Hill Tel: 020 7457 2020 Nicholas Nelson This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings