REG - Concurrent Tech. - New Product Announcement

Concurrent TechnologiesAnnouncement

29/07/2024 07:00

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RNS Number : 1094Y  Concurrent Technologies PLC  29 July 2024

29 July 2024

Concurrent Technologies Plc

(the "Company" or the "Group")

 

Concurrent Technologies Launches a New Product

 

Concurrent Technologies PLC (AIM: CNC), a designer and manufacturer of
leading-edge computer products, systems, and mission-critical solutions used
in high-performance markets by some of the world's major OEMs, announces a new
compute intensive Plug In Card (PIC), TR MDx/6sd-RCR to meet growing customer
demand.

The PIC has enhanced features, including a wider operating temperature range,
reduced weight, advanced networking capability, and secure on-board storage.
These improvements position the product within the industry as a top choice
for size, weight, cost, and power-constrained ground and airborne
applications.

With a significant pipeline of preorders, including the Company's recently
announced largest ever contract win, achieved through close relationships with
strategic partners, the Company anticipates shipping fully qualified products
within the year to meet growing customer demand.

Miles Adcock, CEO of Concurrent Technologies, commented: "We're excited to
introduce our latest product. By optimising for size, weight, power, and cost,
we're addressing a crucial demand in the industry, allowing us to offer a
product that is both innovative and highly efficient.

"The strong pipeline of preorders underscores the industry's confidence in our
capabilities and highlights our commitment to excellence."

 

Enquiries:

 Concurrent Technologies Plc

Miles Adcock - CEO

                                          +44 (0)1206 752626
 Kim Garrod - CFO
 Alma Strategic Communications              +44 (0)20 3405 0205

Josh Royston

 Hannah Campbell
 Cavendish Capital Markets Limited (NOMAD)  +44 (0)131 220 9771

Neil McDonald

                                          +44 (0)131 220 9772
 Peter Lynch

 

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/) .

 

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