Concurrent Tech. - Contract Awarded
March 07 2000 - 2:31AM
UK Regulatory
RNS Number:7679G
Concurrent Technologies PLC
7 March 2000
Concurrent Technologies Plc
#2 million contract
Concurrent Technologies Plc, which designs, produces and
markets single board computers based on Multibus II, VME &
CompactPCI, announces that Switching Test Solutions AG, a
subsidiary of Wavetek Wandel Goltermann and TTC, have
awarded Concurrent Technologies with a further contract to
design and manufacture a next generation processor board for
their Telecom Test Systems. This contract is expected to
generate production orders in the region of #2 million per
year over the next 3 years, and follows on from the existing
contract.
Michael Collins, Chairman, commented:
'This further order confirms the potential of the Company.
The Board approved a sales budget for 2000 in excess of
#10,000,000 and I am very confident that we will achieve
this. Orders remain buoyant and the new product ranges have
been well received.'
Enquiries:
Concurrent Technologies Plc Tel. No.01206 752626
Glen Fawcett, Managing Director
College Hill Tel. No.0171 457 2020
Michael Padley / Nicholas Nelson
Copies of this announcement will be available from the
Company's Registered Office: 4, Gilberd Court, Newcomen Way,
Colchester, Essex. CO4 4WN for a period of 14 days from the
date of the announcement.
END
CNTKKAKKOBKDNNK
Concurrent Technologies (LSE:CNC)
Historical Stock Chart
From Sep 2024 to Oct 2024
Concurrent Technologies (LSE:CNC)
Historical Stock Chart
From Oct 2023 to Oct 2024