Pre-Close Trading Update

Concurrent Technologies PLC 07 December 2004 Concurrent Technologies Plc Pre-Close Period Trading Update Since we announced our interim results for the period to 30 June 2004, the Company has continued to make good progress. We now have visibility of scheduled production and sales through to the year-end and anticipate second half sales to exceed those of the first six months. We now expect a pre-tax profit for the full year, albeit not reaching the level of last year but this includes taking account of material adjustments due to the recent decline in the value of the dollar. We have recently completed our budgeting exercise for 2005 and concluded that the current upward trend should continue. Both the level of new enquiries and live projects are at record levels and we have a much broader range of customers than ever before. Our single board computers are designed into our customers' products and due to their complexity, it takes time for them to come to market and for our sale to take place. As the number of customers increases, the visibility of our sales will improve. Product development has continued at a rapid pace and we have launched 13 new products in 2004 with more anticipated in 2005. We are planning senior appointments at operational level over the coming year to enable us to exploit the opportunities we have identified, particularly in China and the USA. Expanding our sales capability and presence in the USA, our largest market, is a priority for 2005. We go into 2005 with confidence as we are witnessing an increasing demand for our products from a wider customer base. 07 December 2004 Enquiries Concurrent Technologies Glen Fawcett 01206 752626 College Hill Nicholas Nelson 020 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange
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