Product Launch
March 25 2003 - 2:00AM
UK Regulatory
RNS Number:1372J
Concurrent Technologies PLC
25 March 2003
Concurrent Technologies Plc
Product launch
Concurrent Technologies announces the launch of its latest CompactPCI(R) single
board computer featuring dual Intel(R) Xeon(TM) processors. This further broadens
Concurrent Technologies' range of computers and is a further demonstration of
its strategy of widening and improving the product base to meet customer demand.
This Xeon(TM) dual processor design is suited to intensive multitasking
applications requiring scalability and high performance. It is aimed at a range
of market segments with a particular focus on the telecommunications and IT
markets. The product is currently under evaluation by existing and possible new
Concurrent Technologies' customers.
Concurrent Technologies has a world leading position in single board computers
which have highly specialised applications where the need for ultra reliability
combined with high processing power exists. The size of the market is estimated
to be #1,700m* with the potential market for dual processor products being 5% of
this.
* source: Venture Development Corporation.
Glen Fawcett, Managing Director, Concurrent Technologies Plc commented:
"Today's announcement is illustrative of our technical leadership and drive to
expand into new market areas. Our recent results demonstrate progress despite
adverse global market conditions"
25 March 2003
ENQUIRIES:
Concurrent Technologies Plc Tel: 01206 752 626
Glen Fawcett, Managing Director
College Hill Tel: 020 7457 2020
Nicholas Nelson
This information is provided by RNS
The company news service from the London Stock Exchange
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