AGM Statement

Concurrent Technologies Plc AGM Statement At today's Annual General Meeting of Concurrent Technologies Plc which manufactures high end embedded computer products for critical applications in the defence, transportation, communications and industrial markets, Michael Collins, Chairman, will make the following statement: "The results for the last year were extremely pleasing and I am happy to confirm that this good progress has continued into the new financial year. Our first quarter sales for the current year have been encouraging and because gross margins for this period were ahead of budget and expenses were lower than budget, the trading performance to the end of March 2006 was substantially better than that achieved in the same period last year." "It is becoming clear that we are witnessing a levelling of customer demand across the calendar quarters; traditionally the first quarter has been our quietest period. This change is important and serves to improve the quality of Concurrent Technologies' business as a manageable entity; planning and scheduling are more straightforward and the business cycle shows more predictability. Prospects for the remainder of the first half of 2006 and for the rest of this year are good." 28 April 2006 Contacts: Concurrent Technologies Plc 01206 752 626 Glen Fawcett, Managing Director Nexus Financial Ltd 020 7451 7050 Nicholas Nelson Mob: 07921 522920
UK 100

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