Concurrent Technologies PLC New Distributor Agreement (8449B)
07 June 2023 - 4:00PM
UK Regulatory
TIDMCNC
RNS Number : 8449B
Concurrent Technologies PLC
07 June 2023
07 June 2023
Concurrent Technologies Plc
("Concurrent" or the "Company")
Concurrent Technologies Announce New Distributor Agreement with
SoC-e
Expanding Our Portfolio with Advanced Networking Solutions
Concurrent Technologies, (AIM: CNC) a world-leading specialist
in the design and manufacture of high-end embedded computer
solutions and systems for critical applications, announces it has
signed a distribution agreement with SoC-e, an internationally
recognised provider of advanced equipment for real-time,
high-availability Deterministic Ethernet networking for critical
sectors.
This significant distribution agreement enables Concurrent
Technologies to offer SoC-e's portfolio of Relyum Advanced
Networking Solutions within their home markets of the UK and USA,
and additional worldwide territories. The inclusion of SoC-e's
reliable, robust, and field-proven Relyum solutions further
strengthens Concurrent Technologies's position as a market leader
in delivering cutting-edge solutions for the aerospace and defence
sectors.
In particular, the integration of Time Sensitive Networking
(TSN) enables systems that are based on single ethernet fabrics to
process real-time traffic with greater efficiency, eliminating the
need to use extra legacy real-time data.
Miles Adcock, CEO of Concurrent Technologies, commented:
"Building strong relationships with strategic industry partners is
a core focus for our organisation. We are pleased to work alongside
the experienced SoC-e team to enhance our product offerings. The
collaboration enables us to deliver our leading range of solutions
and systems to our home and global markets with greater speed and
efficiency than ever before."
Mikel Idirin, CEO of SoC-e, commented: "Working with established
partners like Concurrent Technologies is an exciting opportunity
for us. Their clear strategy to deliver rugged systems with
Advanced Networking capabilities, coupled with their extensive
global sales network, aligns with our own ambitions and objectives.
We are confident that this partnership will bring mutual success
and further strength our positions as leaders in the industry."
Enquiries:
Concurrent Technologies Plc
Miles Adcock - CEO +44 (0)1206 752626
Newgate (Financial PR) concurrent@secnewgate.co.uk
Bob Huxford +44 (0)7469 154806
Alice Cho
Matthew Elliott
Cenkos Securities Plc (NOMAD)
Neil McDonald +44 (0)131 220 9771
Peter Lynch +44 (0)131 220 9772
Note to Editors:
About Concurrent Technologies Plc
Concurrent Technologies Plc develops and manufactures high-end
embedded Plug In Cards and Systems 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(R) processors,
including the latest generation embedded Intel(R) Core(TM)
processors, Intel(R) Xeon(R) and Intel Atom(TM) processors. The
products are d esigned 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.
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END
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