Concurrent Technologies PLC AGM Statement (7618Y)

TIDMCNC

RNS Number : 7618Y

Concurrent Technologies PLC

19 May 2016

Concurrent Technologies Plc

(the "Company")

AGM 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 products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, Michael Collins, Chairman, will make the following statement:

"I am pleased to report that the Company's strong trading performance in 2015 has continued into 2016. Our cash position remains strong following increased dividend payments in respect of 2015 and the Board is of the view that the outlook for this year as a whole remains good."

Enquiries:

 
Concurrent Technologies 
 Plc 
 Glen Fawcett, CEO                +44 (0)1206 752 626 
 
Newgate (Financial PR) 
 Bob Huxford 
 Robyn McConnachie               +44 (0)207 653 9850 
 
Cenkos Securities plc (NOMAD) 
 Neil McDonald                   +44 (0)131 220 9771 
 Nick Tulloch/Beth McKiernan     +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 applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets. Using mainly Intel(R) processors, including the latest generation Intel(R) Core(TM) i7 processors, Intel(R) Xeon(R) and Intel(R) Atom(TM) 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(R) Tegra(R) 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

END

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May 19, 2016 07:56 ET (11:56 GMT)

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