Concurrent Technologies Share News (CNC)

(Sharecast News) - Concurrent Technologies, a designer and manufacturer of advanced computing products for high-performance markets, announced the launch of a new website and an updated corporate branding on Friday.

The AIM-traded firm said its revamped site and refreshed brand identity signified its strategic growth and evolving vision.

It said that over the last three years, it had enhanced its operations, expanded its market presence, and bolstered its team and company culture.

The updated branding, including the simplified name 'Concurrent', reflected its ongoing transformation and ambitions for the future, the board said.

Despite the changes, the official legal name would continue to be Concurrent Technologies plc.

"This rebrand is not just about our evolved name and a new logo - it's about redefining our purpose and what we stand for," said chief executive officer Miles Adcock.

"Our new brand and broader marketing efforts reflect our modern and ambitious culture, and act as a testament to our innovation, reliability, and exceptional service.

"It emphasises the expertise and dedication of Concurrent's incredible team, and our commitment to making our people the centrepiece of our story."

At 1231 BST, shares in Concurrent Technologies were down 0.64% at 116.75p.

Reporting by Josh White for Sharecast.com.