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CONCURRENT TECHNOLOGIES PLC

Capital/Financing Update May 21, 2015

7571_rns_2015-05-21_529417af-7443-43b5-af87-33b15643d88d.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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RNS Number : 8418N

Concurrent Technologies PLC

21 May 2015

21 May 2015

Concurrent Technologies Plc

Trading Update

Concurrent Technologies Plc ("the Company"), a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, announces that  the strong order book at the end of 2014 has continued into this year and the Board of Directors anticipates that revenues for the first half of 2015 will be ahead of their earlier expectations and significantly ahead of revenues for the first half of 2014. The Directors believe that this situation may well prove exceptional and may not be indicative of the sales growth that can be reasonably expected in future periods.

Enquiries:

Concurrent Technologies Plc

Glen Fawcett, CEO
+44 (0)1206 752 626
Newgate (Financial PR)

Tim Thompson

Robyn McConnachie
+44 (0)207 653 9850
Cenkos Securities plc (NOMAD)

Neil McDonald

Nick Tulloch
+44 (0)131 220 9771

+44 (0)131 220 9772

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 applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets. Using mainly Intel® processors, including the latest 4th generation Intel® Core™ i7, 3rd generation Intel® Core™ i7, 2nd generation Intel® Core™ i7, Intel® Core™ i7 processors and Intel® Atom™ processors, the Company offers a wide range of computer products which are designed to be compliant with industry specifications including those for products used in extremely harsh environments. Other processors now include NVIDIA® Tegra® K1 devices.

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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