Geographical Expansion

7 Mar 2005 07:00

Concurrent Technologies PLC07 March 2005 Concurrent Technologies Plc Office Opening in China Concurrent Technologies (AIM: CNC), a leading manufacturer of high-end embeddedcomputer products for critical applications in the defence, transportation,communications and industrial markets, announces the opening of a businessdevelopment office in Beijing, to support the company's accelerating presence inthat region. The office is organised in co-operation with the Chinese BritainBusiness Council. A Business Development Manager, Ms. Jacqueline Xie, has been appointed to workfrom this office. Ms Xie will be responsible for marketing and sales activitieswithin China, to further develop and support the company's sales distributionchannels and increase the company's profile within this highly progressivemarketplace. Ms Xie has worked in the embedded computer industry since 1990. She hasconsiderable experience on the sales and marketing of products similar to thoseof Concurrent Technologies, having worked for other computer board vendors, andmore recently one of Concurrent's Chinese distributors. Michael Collins Chairman, commented: "Concurrent Technologies recognises the Chinese market as an excellentopportunity to increase sales revenues which have to date been serviced by ourColchester based marketing team travelling frequently to China. Jacqueline Xie has an excellent understanding of this marketplace and as ourrepresentative on the ground full time, will prove beneficial in terms ofbuilding client relationships within the rapidly expanding marketplace." 7th March 2005 Enquiries: Concurrent Technologies: Glen Fawcett, Managing Director 01206 752626College Hill: Nicholas Nelson 020 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange