REG - Concurrent Tech. - New Distributor Agreement

Concurrent TechnologiesAnnouncement

07/06/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230607:nRSG8449Ba&default-theme=true

RNS Number : 8449B  Concurrent Technologies PLC  07 June 2023

07 June 2023

 

Concurrent Technologies Plc

("Concurrent" or the "Company")

Concurrent Technologies Announce New Distributor Agreement with SoC-e

Expanding Our Portfolio with Advanced Networking Solutions

 

Concurrent Technologies, (AIM: CNC) a world-leading specialist in the design
and manufacture of high-end embedded computer solutions and systems for
critical applications, announces it has signed a distribution agreement with
SoC-e, an internationally recognised provider of advanced equipment for
real-time, high-availability Deterministic Ethernet networking for critical
sectors.

This significant distribution agreement enables Concurrent Technologies to
offer SoC-e's portfolio of Relyum Advanced Networking Solutions within their
home markets of the UK and USA, and additional worldwide territories. The
inclusion of SoC-e's reliable, robust, and field-proven Relyum solutions
further strengthens Concurrent Technologies's position as a market leader in
delivering cutting-edge solutions for the aerospace and defence sectors.

In particular, the integration of Time Sensitive Networking (TSN) enables
systems that are based on single ethernet fabrics to process real-time traffic
with greater efficiency, eliminating the need to use extra legacy real-time
data.

Miles Adcock, CEO of Concurrent Technologies, commented: "Building strong
relationships with strategic industry partners is a core focus for our
organisation. We are pleased to work alongside the experienced SoC-e team to
enhance our product offerings. The collaboration enables us to deliver our
leading range of solutions and systems to our home and global markets with
greater speed and efficiency than ever before."

Mikel Idirin, CEO of SoC-e, commented: "Working with established partners like
Concurrent Technologies is an exciting opportunity for us. Their clear
strategy to deliver rugged systems with Advanced Networking capabilities,
coupled with their extensive global sales network, aligns with our own
ambitions and objectives. We are confident that this partnership will bring
mutual success and further strength our positions as leaders in the industry."

 

Enquiries:

 

 Concurrent Technologies Plc
 Miles Adcock - CEO

                                +44 (0)1206 752626

 Newgate (Financial PR)         concurrent@secnewgate.co.uk
 Bob Huxford

                              +44 (0)7469 154806
 Alice Cho

 Matthew Elliott

 Cenkos Securities Plc (NOMAD)  +44 (0)131 220 9771
 Neil McDonald

                              +44 (0)131 220 9772
 Peter Lynch

 

 

 

Note to Editors:

 

About Concurrent Technologies Plc

 

Concurrent Technologies Plc develops and manufactures high-end embedded Plug
In Cards and Systems 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 generation embedded 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 (http://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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  AGRUNUOROKUNRAR