19 January 2016

Concurrent Technologies Plc

(the 'Company')

Product Launch

New ExpressFabric^® switch to enhance VPX™ portfolio

Concurrent Technologies Plc, 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, is pleased to announce the launch of a new VPX™ ExpressFabric^® switch.

The FR341/x06 is the successor to our FR331/x06 switch with the advantages of higher performance and more adaptable configurations to suit a myriad of system topologies. ExpressFabric^® enables extremely flexible system configurations using standard processing boards without adding complexity and increasing power consumption. The switch's performance and flexibility make this an attractive choice within defence and security applications.

The FR341/x06 will initially be shipped as an air-cooled variant. A rugged, conduction-cooled variant, that will be suitable for deployment in many challenging environments, is expected to be released later in 2016.

Glen Fawcett, CEO, Concurrent Technologies Plc, commented:

"Having recently announced two new VPX™ boards, including a new generation Intel^® Xeon^® processor, this switch will assist our customers to build more flexible and differentiated solutions. Our strategy is to make it easier for them to architect VPX™ based solutions by offering a portfolio of products including development boxes, processors, switches, storage and middleware such as our Fabric Interconnect Networking Software (FIN-S)."

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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^® processors, including the latest generation Intel^® Core™ i7 processors, Intel^® Xeon^® and Intel^® Atom™ 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^® Tegra^® 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.