22 May 2018

Concurrent Technologies Plc

(the ‘Company’)

 

Annual General Meeting Statement

At today’s Annual General Meeting of Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications, Michael Collins, Chairman, made the following statement:

“I am pleased to report that the good trading performance from 2017 has continued into 2018. Turnover is in line with the expectations of the Board, the Company’s cash balance remains healthy and the Company continues with its strategy of strong investment in product development with several new products and product variants being announced already in 2018.”

All of the resolutions were duly passed at the Annual General Meeting held today.

Enquiries:

Concurrent Technologies PLC
Glen Fawcett, Managing Director/ 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® processors, including the latest 8th generation Intel® Core™ processors, Intel® Xeon® and Intel® Atom™ 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.