RNS Number : 1900E
Concurrent Technologies PLC
09 March 2022
 

Concurrent Technologies Plc

(the 'Company')

 

Contract Award

 

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications, is pleased to announce that it has been awarded a £1.6 million contract by a major European defence prime contractor to supply its recently-launched I/O Intensive 3U VPX Plug in Card. The contract is to be delivered over multiple years and the customer is expected to use the product as the controller in an electronic vision system for its next generation land-based vehicles.

 

Dr Miles Adcock, CEO of Concurrent Technologies, commented:

 

"This is a significant award for Concurrent, both due to the contract value and because the product development was completed concurrently with Intel's recent processor launch, enabling customers to reliably select our product ahead of many potential competitors. We expect this product to be attractive to many customers for several years to come."

 

Enquiries:

Concurrent Technologies Plc
Miles Adcock - CEO

 

+44 (0)1206 752626

 

 

SEC Newgate (Financial PR)
Bob Huxford

Isabelle Smurfit

 

+44 (0)20 7653 9848

+44 (0)20 3757 3411

 

 

Cenkos Securities Plc (NOMAD)
Neil McDonald

Peter Lynch

 

+44 (0)131 220 9771

+44 (0)131 220 9772

 

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, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest 11th generation embedded Intel® Core™, Intel® Xeon® and Intel Atom® processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems. The products are sold world-wide.

 

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.

 

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTUKORRUSUORAR
Anonymous (not verified) Contract Award 32518387 A Wed, 03/09/2022 - 10:36 LSE RNS Company Announcement - General CNC