Share Name Share Symbol Market Type Share ISIN Share Description
Concur.Tech LSE:CNC London Ordinary Share GB0002183191 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.50p +2.04% 75.00p 73.00p 77.00p 75.00p 73.50p 73.50p 9,241 09:55:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 16.2 3.0 3.8 19.8 54.43

Concurrent Technologies PLC Product Announcement

08/06/2018 7:00am

UK Regulatory (RNS & others)


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RNS Number : 7150Q

Concurrent Technologies PLC

08 June 2018

8 June 2018

Concurrent Technologies Plc

(the 'Company')

Product Announcement

New VME Boards

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications, is pleased to announce two new VME boards for long life-cycle applications.

The VME standard was launched several years ago and has proved to be extremely robust and dependable and so VME based products have been widely deployed for a variety of uses.

The two new VME processor boards are based around the very latest Intel(R) Xeon(R) six-core and four-core processors and incorporate a variety of state of the art features. Both new boards will allow customers with VME systems to upgrade performance and functionality without having the expense and disruption of re-designing their entire system.

These VME boards are particularly aimed at the defence market where it is anticipated that the life cycle of these high margin products will extend well beyond 2030.

Glen Fawcett, CEO, Concurrent Technologies Plc, commented:

"We announced our previous VME boards in 2015 to provide users with dependable products that they could deploy in a range of environmental conditions. This announcement enhances our portfolio and further extends the life-cycle for those customers committed to the VMEbus standard through the implementation of some of the latest processors."

Enquiries:

 
Concurrent Technologies Plc 
 Glen Fawcett, CEO               +44 (0)1206 752626 
 
Newgate (Financial PR) 
 Bob Huxford                     +44 (0)20 7653 9848 
 James Browne                     +44 (0)20 7653 9844 
 
Cenkos Securities Plc (NOMAD) 
 Neil McDonald                   +44 (0)131 220 9771 
 Beth McKiernan                  +44 (0)131 220 9778 
 

Note to Editors:

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel(R) processors, including the latest 8(th) generation Intel(R) Core(TM) processors, Intel(R) Xeon(R) and Intel(R) Atom(TM) processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems. The products are sold world-wide.

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 08, 2018 02:00 ET (06:00 GMT)

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