Agreement

Concurrent Technologies PLC
15 April 2004



Concurrent Technologies Plc

Agreement with Thales Computers to

Co-develop Pentium(R) M processor boards

Colchester, UK and Toulon, France - April 2004 - Concurrent Technologies, a
leader in the design and development of high-performance and innovative single
board computer products based on Intel(R) Pentium(R) and Motorola(R) PowerPC(R)
technology, and Thales Computers, a leader in the development of
high-performance PowerPC- and Pentium-based VMEbus systems, announced that under
a recently signed agreement, they will be undertaking the joint development of a
new family of Pentium M-based VME processor boards. The boards will be available
in commercial, extended-temperature, and rugged versions.

Under the agreement, Concurrent Technologies will be responsible for the design
and manufacture of the commercial product lines, and Thales Computers will be
responsible for the design and manufacture of the extended and rugged products.
Both companies will sell all versions under a cross-distribution agreement.

Glen Fawcett, Managing Director of Concurrent Technologies, stated:

'This agreement combines the complementary expertise and skills of Concurrent
Technologies and Thales Computers to bring to the market a product family that
will meet the needs of our customers, whether they are involved in commercial or
defense oriented products. The products will be designed to be electronically
compatible so customers can start development with commercial versions and
progress to the rugged versions as necessary, safe in the knowledge that their
software can transfer seamlessly from one version to the other.'

Alain Albarello, CEO of Thales Computers, said:

'This joint development agreement will enable both companies to go to market
sooner with new products, while addressing a wider range of customer needs.
Thales Computers proposes using its patented RuggedizerTM technology to
transform the commercial version of the board into a rugged product. There is a
clear contribution to the project from both companies, hence minimizing joint
development risks. This agreement will be fully beneficial to both of our
customer communities.'

The first commercial products are due for release during Q2, 2004, and the
rugged products will be available later this year.

                                                           15 April 2004

ENQUIRIES:

Concurrent Technologies Plc                       Tel: [phone]
Glen Fawcett, Managing Director

College Hill                                      Tel: [phone]
Nicholas Nelson

Notes to Editors:

Concurrent Technologies

Concurrent Technologies is an international ISO 9001 company specializing in the
design and manufacture of commercial-off-the-shelf and custom-designed
industrial computer boards for real-time embedded applications. The company,
which was founded in 1985, has offices in the USA and UK. In addition to its
original Multibus II product line, the company has a wide range of
high-performance, Intel processor-based VME and CompactPCI products, which are
complemented by an extensive offering of PMC (PCI Mezzanine Card) products. The
company offers support for many of today's leading industry standard operating
systems.

Thales Computers
Thales is an international electronics and systems group serving the defense,
aerospace, and security markets.  The group employs 62,000 people worldwide and
generated revenues of €10.6 billion in 2003.

Thales Computers is a leading developer of commercial and ruggedized VMEbus
systems solutions based on PowerPC and Pentium microprocessors.  The company's
products are optimized for a wide variety of applications in the military,
aerospace, transportation, communications, and industrial markets and are used
by customers worldwide, including Lockheed Martin, Raytheon, Boeing, Bombardier,
Toshiba, BAE, British Aerospace, Ericsson, Alcatel, Thales Group, and others.



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