REG - Concurrent Tech. - New Product Announcement

Concurrent TechnologiesAnnouncement

08/08/2023 07:00

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RNS Number : 5634I  Concurrent Technologies PLC  08 August 2023

08 August 2023

 

Concurrent Technologies Plc

(the 'Company')

 

New Product Announcement

Concurrent Technologies delivers new VPX Plug-In Card Variant

 

 

Concurrent Technologies (AIM: CNC), a global specialist in the design,
development and manufacture of leading-edge embedded computer solutions for
critical applications, announces that it has engineered and now shipped, a new
version of a flagship 3U VPX Plug-In Card.

 

The original TR K9x/6sd card has been successfully used in visual computing
applications including a previously announced £1.6M contract that contributed
to the Company's record 2022 order intake of £31.5M.  The new variant, which
has twice the memory capacity, extends the use case to Cyber and Radio
applications, significantly increasing the estimated full lifetime value of
the product.

 

Nigel Jowitt, Director of Engineering commented: "Our well-defined and
streamlined product lifecycle process, augmented with our in-house
manufacturing capability, allowing us to rapidly prototype this new product
variant.  The validation and environmental qualification steps were completed
as planned by carefully managing and retiring risks. This enabled us to ship
qualified products in a timeframe that delighted a lead customer, showing we
are again on track to achieve one of our key strategic objectives of releasing
more products faster".

 

 

Enquiries:

 

 Concurrent Technologies Plc
 Miles Adcock - CEO

                              +44 (0)1206 752626
 Kim Garrod - CFO

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

                              07469 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.

 

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