AGM Statement

RNS Number : 3607M

Concurrent Technologies PLC

21 May 2010

 



Concurrent Technologies Plc

AGM Statement

At today's Annual General Meeting of Concurrent Technologies Plc (the "Company"), which manufactures high end embedded computer products for critical applications in the defence, aerospace, transportation, telecommunications, scientific and industrial markets, Michael Collins, Chairman, will make the following statement:

"In our year end statement announced on 15^th April, we reported on our marketplace as being rich in opportunity particularly in the defence sector. Moreover, I noted that we are seeing strong interest in our products for projects involving the detection and detonation of improvised explosive devices (IEDs) and for electronic, aerial and battlefield surveillance. As conflicts overseas continue unabated our position remains unchanged.

 Recognition of our technology and our ability to react swiftly to the demands of our customers continues to stand us in good stead and provides us with competitive advantages. Furthermore the investment that we have made, and continue to make, in new product development should ensure strong ongoing interest worldwide.

We look forward to an exciting year ahead and are strongly positioned to seize on opportunities as they arise."

21 May 2010

All companies and product names are trademarks of their respective organisations.

Enquiries:

Concurrent Technologies Plc                         01206 752 626
Glen Fawcett, Managing Director                  

Haggie Financial LLP                                      020 7417 8989
Nicholas Nelson/Henny Breakwell                 

Nominated Adviser
Brewin Dolphin Investment Banking               0845 213 4726
Neil Baldwin   

Note to Editors:

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 Intel^® Core^™ i7 processors, Intel^® Xeon^®, Atom^™ and Core^™ 2 dual-core processors, the Company offers a wide range of computer products which are designed to be compliant with the most stringent industry specifications including those for products used in extremely harsh environments.

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

 

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