6th Jan 2009 12:12
Concurrent Technologies Plc Year End Trading Update
Concurrent Technologies Plc, (the "Company") a manufacturer of high end embedded computer products for critical applications in the defence, communications, transportation, and industrial markets, announces a year-end trading update for the year ended 31 December 2008 ahead of its preliminary results which are expected to be released in mid-April 2009.
Demand for the Company's products increased during 2008 with profits benefiting from higher margins due to different product mix. The Company looks forward to reporting on a good year of trading, with results expected to be in-line with market expectations. The Company's cash position continues to be strong.
6 January 2009Enquiries:Concurrent Technologies Plc 01206 752 626 Glen Fawcett, Managing Director Haggie Financial LLP 020 7417 8989 Nicholas Nelson/Kathy Boate Nominated Adviser Brewin Dolphin Investment Banking 0845 213 4726 Neil Baldwin/Neil McDonald Note to Editors:
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 Intel® processors, including the latest Intel® Coreâ„¢2 dual-core processors, the Company offers a wide range of computer products which are designed to be compliant with the most stringent industry specifications including those for products used in extremely harsh environments.
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