Chairman's AGM Statement

Concurrent Technologies PLC 17 April 2000 CONCURRENT TECHNOLOGIES PLC AGM Statement At Friday's Annual General Meeting of Concurrent Technologies Plc, which designs, produces and markets single board computers known as Multibus II, VME and CompactPCI, the Chairman, Michael Collins, made the following comments: 'Although turnover for the first quarter of 2000 was slightly down on budget this was almost entirely due to one customer requiring the computers it had ordered to be upgraded before delivery. We anticipate being on budget for sales before the end of June and are confident of achieving our sales target of just in excess of £10,000,000 for the year. As expenses have been lower than budgeted our profitability is in line with our expectations for this stage of the year. 'There are indications that the order input in the current quarter will be strong and thus sales in the second half of the year should be good.' All resolutions were passed unanimously. 14 April 2000 Enquiries: Concurrent Technologies Plc Tel. No. 01206 752626 Glen Fawcett, Managing Director College Hill Tel. No. 0171 457 2020 Michael Padley
UK 100

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