Lockheed Martin STAR Supplier

RNS Number : 5315H

Concurrent Technologies PLC

23 February 2010

 



Concurrent Technologies Plc

Lockheed Martin STAR Supplier Award Win

Concurrent Technologies Plc ("Concurrent" or the "Company"), a leading developer and  manufacturer of high end embedded computer products for critical applications in the defence, communications, transportation, aerospace and industrial markets, is pleased to announce it has been presented with a STAR Supplier Award from Lockheed Martin Corporation ("Lockheed Martin") for supplier performance excellence.

At a recent ceremony at Lockheed Martin's Eagan, Minnesota, USA facility, Concurrent was presented with a STAR Supplier Award by senior management of Lockheed Martin. Concurrent supplies high performance single board computers and this award recognises the Company as one of the top-performing suppliers to Lockheed Martin.

The prestigious award is made only to Lockheed Martin suppliers who distinguish themselves by meeting some of the most stringent performance criteria in the aerospace industry.  Concurrent met the rigorous established criteria for Lockheed Martin's Supplier Performance Evaluation metric that evaluates Quality, Delivery, Affordability and Management/Administration. First established in 1999, this award is an effort to quantitatively measure supplier quality and to create a group of preferred suppliers.

Lockheed Martin STAR Suppliers are provided visibility across Lockheed Martin Corporation. This results in increased opportunity for more business and consideration for reduction of Lockheed Martin oversight at the supplier level.

Glen Fawcett, Managing Director, Concurrent Technologies, commented:

"We are delighted to have earned this very prestigious recognition from Lockheed Martin for our products and services. This is quite an achievement for our Company and serves to demonstrate the quality of our work as well as strength of our client relationships."

"We have been a long standing partner for a number of years and are very pleased with this recognition for our performance, along with the subsequent visibility that it will bring.  Concurrent will strive to maintain our excellent level of service and performance to customers, as well as continue to develop and deliver the innovative products that place us at the forefront of the marketplace."

23 February 2010

Enquiries:

Concurrent Technologies Plc	01206 752 626
Glen Fawcett, Managing Director
Haggie Financial LLP	020 7417 8989
Nicholas Nelson/Kathy Boate
Nominated Adviser
Brewin Dolphin Investment Banking	0845 213 4726
Neil Baldwin/Neil McDonald

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 and its products please visit http://www.cct.co.uk

All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.

 

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