TIDMCNC

RNS Number : 7368Z

Concurrent Technologies PLC

21 May 2019

21 May 2019

Concurrent Technologies Plc

Annual General Meeting Statement

At today's Annual General Meeting of Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications, Michael Collins, Chairman, will make the following statement:

"I am pleased to report that the Company's trading performance in 2019 has continued on from the good results reported for 2018. The order book is strong and Turnover and Operating Profit are in line with Board expectations. The Company's cash position remains robust following increased dividend payments and further investment in product development.

I can also announce that Jane Annear, who has been the Commercial Director for many years, was today appointed as Managing Director and CEO."

Enquiries:

 
Concurrent Technologies Plc 
 Jane Annear, Managing Director/CEO     +44 (0)1206 752626 
 
Newgate (Financial PR) 
 Bob Huxford                           +44 (0)20 7653 9848 
 Fiona Norman                          +44 (0)20 3757 6885 
 
Cenkos Securities Plc (NOMAD) 
 Neil McDonald                         +44 (0)131 220 9771 
 Beth McKiernan                        +44 (0)131 220 9778

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 feature Intel(R) processors, including the latest 8(th) generation Intel(R) Core(TM) processors, Intel(R) Xeon(R) and Intel(R) Atom(TM) 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.

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 21, 2019 09:30 ET (13:30 GMT)

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