TIDMCNC

RNS Number : 3877S

Concurrent Technologies PLC

20 December 2016

20 December 2016

Concurrent Technologies Plc

(the 'Company')

Pre-Close Trading Update

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, announces a trading update for the year ending 31 December 2016.

Based on its unaudited management accounts for the year to date, the Company confirms that it expects its trading for 2016 to be broadly in line with market expectations.

Concurrent Technologies Plc also expects to continue the practice of paying a further interim dividend to shareholders and to pay this before 6 April 2017.

Enquiries:

 
Concurrent Technologies 
 Plc 
 Glen Fawcett, CEO                +44 (0)1206 752 626 
 
Newgate (Financial PR) 
 Bob Huxford 
 Helena Bogle                    +44 (0)207 653 9850 
 
Cenkos Securities plc (NOMAD) 
 Neil McDonald                   +44 (0)131 220 9771 
 Nick Tulloch                    +44 (0)131 220 9772 
 Beth McKiernan                  +44 (0)131 220 9778

Note to Editors:

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high performance applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets. Using mainly Intel(R) processors, including the latest generation Intel(R) Core(TM) i7 processors, Intel(R) Xeon(R) and Intel(R) Atom(TM) processors, the Company offers a wide range of computer products which are designed to be compliant with industry specifications including those for products used in extremely harsh environments. Other processors now include NVIDIA(R) Tegra(R) K1 devices.

For more information on Concurrent Technologies Plc and its products please visit www.cct.co.uk.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 20, 2016 09:36 ET (14:36 GMT)

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