REG - Concurrent Tech. - New Product Announcement

Concurrent TechnologiesAnnouncement

04/12/2024 07:00

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RNS Number : 6694O  Concurrent Technologies PLC  04 December 2024

4 December 2024

Concurrent Technologies Plc

(the "Company" or the "Group")

 

 New Product Announcement

 

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 the
launch of Hermod II, a rugged 10 Gigabit Ethernet switch, purpose-built for
deployment in harsh conditions in the defence and heavy industrial sectors.

 

Developed to meet growing demand for future platforms to communicate using a
next-generation Ethernet backbone, Hermod II has integrated support for
Time-Sensitive Networking (TSN), enabling it to manage time-critical data.
This means it acts as a central hub for the capture, delivery and analysis of
in-field sensors and data.

 

Increasingly customers are mandating TSN to significantly improve performance
and reduce the costs and operational complexity of managing disparate
networks. By addressing the need for performance over Ethernet, Hermod II acts
as a vital gateway between legacy systems and TSN-enabled networks, replacing
low speed proprietary products and interfaces.

 

Hermod II is therefore strategically positioned to support initiatives to both
upgrade in-field systems and design next-generation deployments, highlighting
the ambitious product roadmap within the Systems business.

 

Miles Adcock, CEO of Concurrent Technologies, commented: "Hermod II further
enhances our ability to enable customer solutions that align with
technological trends at system level. It not only positions us to fulfil
future demand for ruggedised switches from major defence and industrial
players but will also open opportunities around the rest of our interoperable
systems products."

 

Enquiries:

 

 Concurrent Technologies Plc

Miles Adcock - CEO

                                          +44 (0)1206 752626
 Kim Garrod - CFO

 Alma Strategic Communications              +44 (0)20 3405 0205

Hannah Campbell

 Josh Royston

 Will Merison

 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.concurrent.tech (http://www.concurrent.tech) .

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