Concurrent Technologies Regulatory News (CNC)

21 May 2019

Concurrent Technologies Plc

Annual General Meeting Statement

At today's Annual General Meeting of Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications, Michael Collins, Chairman, will make the following statement:

"I am pleased to report that the Company's trading performance in 2019 has continued on from the good results reported for 2018. The order book is strong and Turnover and Operating Profit are in line with Board expectations. The Company's cash position remains robust following increased dividend payments and further investment in product development.

I can also announce that Jane Annear, who has been the Commercial Director for many years, was today appointed as Managing Director and CEO."

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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, 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 8th generation 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.

All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.