Concurrent Technologies Says UK Government To Relax Encryption Export Rules

Tue, 01st Jul 2014 15:28

LONDON (Alliance News) - Concurrent Technologies PLC Tuesday said it expects the UK government to relax export regulations in about two weeks' time covering its products which contain encryption technology so that they are in line with those of the US.

Concurrent develops and manufactures high-end embedded computer products for use in the telecommunications, defence, security, telemetry, scientific and aerospace markets.

Concurrent shares were Tuesday quoted at 42.01 pence, down 1.2%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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