REG - Concurrent Tech. - Product Announcement <Origin Href="QuoteRef">CNCT.L</Origin>

Concurrent TechnologiesAnnouncement

30/01/2017 09:25

RNS Number : 4475V
Concurrent Technologies PLC
30 January 2017
30 January 2017
Concurrent Technologies Plc
('Concurrent Technologies' or the 'Company')
Product Announcement
New Generation ofBoards
Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, is pleased to announce its next generation of boards which will be based around the latest generation Xeon processor, recently launched by Intel.
This family of Xeon processors offers enhanced processing and graphics performance over earlier generations of processors. It provides the Company with an additional key design expertise which can be applied to many new boards. The processors are long life cycle devices, which is an essential requirement for the Company and its customers, who require boards to be available for at least 5 years, with further extended manufacturing and repair support for anything up to 15 years and beyond.
The Company's existing customers will benefit from the introduction of boards using this new Xeon processor family for both upgrades and new products. Similarly, new customers will benefit from the enhanced performance and feature sets of the latest boards.
The first board using this new Xeon processor technology is expected to be available in March. This will be a MicroTCA architecture board, targeted at both existing and new applications within the scientific market where the Company has been active for several years. MicroTCA is widely used within this market and this new board will provide an upgrade path for both new and existing customers.
Glen Fawcett, CEO, Concurrent Technologies, commented:
"By supporting the newly announced Xeon processor family, Concurrent Technologies continues to demonstrate its commitment to applying the latest Intel technology suitable for our market sectors. Our product strategy was, and is, to rapidly take advantage of new processor families from Intel, thus allowing our customers to enhance the capabilities of their products and helping them to get to market sooner."
Enquiries:
Concurrent Technologies Plc
Glen Fawcett, CEO
+44 (0)1206 752 626
Newgate (Financial PR)
Bob Huxford
Helena Bogle

+44 (0)207 653 9850
Cenkos Securities plc (NOMAD)
Neil McDonald
Nick Tulloch/Beth McKiernan

+44 (0)131 220 9771
+44 (0)131 220 9772/8
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 traditionally feature Intel processors, including the latest generation Intel Core i7 processors, Intel Xeon and Intel Atom processors. More recently NVIDIA Tegra K1 devices have been added to the product ranges along with complementary switch and I/O boards. 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.cct.co.uk
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 company news service from the London Stock Exchange
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