RNS Number:7520L
Concurrent Technologies PLC
29 April 2005


Concurrent Technologies Plc


AGM Statement

At today's Annual General Meeting, Michael Collins, Chairman of Concurrent
Technologies which manufactures high end embedded computer products for critical
applications in the defence, transportation, communications and industrial
markets, made the following comments:


"This year has started well for Concurrent Technologies especially in the
defence and telecommunications markets where we have not only had a good order
intake but we have further increased our customer base. Our first quarter
revenues for this year were encouraging and we expect to continue to build on
this good start."


"We are continually investing in design and development. Since I last reported
to shareholders in early March we have released another high performance
product, which is primarily targeted at the telecommunications market, but will
also be attractive in some defence applications. Thanks to this continuing
investment many other products are being designed at present and will be
released in the coming months. This should ensure that the company is well
placed to benefit from new opportunities with existing and new customers."


"In response to increased sales demand, the need for improved efficiencies and
technological changes, the company has now completed the expansion of its
in-house manufacturing capability. I am pleased to report that the new
manufacturing line is fully operational. This new line, which complements our
existing line, will enable us to increase our automated assembly rate
significantly."

                                                                   29 April 2005

Enquiries:

College Hill                      020 7457 2020
Corinna Dorward







                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

AGMEAKLNADESEFE
Concurrent Technologies (LSE:CNC)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Concurrent Technologies Charts.
Concurrent Technologies (LSE:CNC)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Concurrent Technologies Charts.