Concurrent Technologies Plc
Pre Close Trading Update
Concurrent Technologies Plc (the "Company"), a leading developer and manufacturer of high end embedded computer products for critical applications in the defence, communications, transportation, and industrial markets, announces a year-end trading update for the year ended 31 December 2009.
Despite difficult market conditions the Company has enjoyed a year of good trading and customer growth as a result of ongoing investment in product innovation and customer fulfilment.
The cash position remains strong and the directors look forward to an improvement in market conditions by the time they announce the preliminary results in mid-April 2010.
5th January 2010
Enquiries:
Concurrent Technologies Plc |
01206 752 626 |
Glen Fawcett, Managing Director |
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Haggie Financial LLP |
020 7417 8989 |
Nicholas Nelson/Kathy Boate |
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Nominated Adviser |
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Brewin Dolphin Investment Banking |
0845 213 4726 |
Neil Baldwin/Neil McDonald |
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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® 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 the Company 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.