29 July 2024
Concurrent Technologies Plc
(the
"Company" or the "Group")
Concurrent Technologies
Launches a New Product
Concurrent Technologies PLC (AIM:
CNC), a designer and manufacturer of leading-edge computer
products, systems, and mission-critical solutions used in
high-performance markets by some of the world's major OEMs,
announces a new compute intensive Plug In Card (PIC), TR
MDx/6sd-RCR to meet growing customer demand.
The PIC has enhanced features,
including a wider operating temperature range, reduced weight,
advanced networking capability, and secure on-board storage. These
improvements position the product within the industry as a top
choice for size, weight, cost, and power-constrained ground and
airborne applications.
With a significant pipeline of
preorders, including the Company's recently announced largest ever
contract win, achieved through close relationships with strategic
partners, the Company anticipates shipping fully qualified products
within the year to meet growing customer demand.
Miles Adcock, CEO of Concurrent Technologies,
commented: "We're excited to
introduce our latest product. By optimising for size, weight,
power, and cost, we're addressing a crucial demand in the industry,
allowing us to offer a product that is both innovative and highly
efficient.
"The strong pipeline of preorders underscores the industry's
confidence in our capabilities and highlights our commitment to
excellence."
Enquiries:
|
Concurrent Technologies Plc
Miles Adcock - CEO
Kim Garrod - CFO
|
+44 (0)1206 752626
|
|
Alma
Strategic Communications
Josh Royston
Hannah Campbell
|
+44 (0)20 3405 0205
|
|
Cavendish Capital Markets Limited
(NOMAD)
Neil McDonald
Peter Lynch
|
+44 (0)131 220 9771
+44 (0)131 220 9772
|
About Concurrent Technologies Plc
Concurrent Technologies Plc develops
and manufactures high-end embedded Plug In Cards and Systems 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 generation embedded Intel® Core™ processors,
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.