25 May 2017

Concurrent Technologies Plc

 

Annual General Meeting Statement

 

At today’s Annual General Meeting of Concurrent Technologies Plc (“the Company”), a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, Michael Collins, Chairman, made the following statement:

 

“I am pleased to report that the Company’s performance during the first four months of 2017 has been encouraging and the turnover and operating profit are both in line with the Board’s expectations. Our cash position remains strong following increased dividend payments in respect of 2016 and our continuing investment in product development.”

 

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

 

Enquiries:

 

Concurrent Technologies PLC

Glen Fawcett, CEO-

       +44 (0)1206 752626

Newgate (Financial PR)

Bob Huxford –

           +44 (0)20 7653 9850

James Browne –

+44 (0)20 7653 9850

Cenkos Securities Plc (NOMAD)

Neil Mcdonald –

       +44 (0)131 220 9771

Nick Tulloch-

+44 (0)131 220 9772

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.