£2 Million Contract Awarded

Concurrent Technologies PLC 7 March 2000 Concurrent Technologies Plc £2 million contract Concurrent Technologies Plc, which designs, produces and markets single board computers based on Multibus II, VME & CompactPCI, announces that Switching Test Solutions AG, a subsidiary of Wavetek Wandel Goltermann and TTC, have awarded Concurrent Technologies with a further contract to design and manufacture a next generation processor board for their Telecom Test Systems. This contract is expected to generate production orders in the region of £2 million per year over the next 3 years, and follows on from the existing contract. Michael Collins, Chairman, commented: 'This further order confirms the potential of the Company. The Board approved a sales budget for 2000 in excess of £10,000,000 and I am very confident that we will achieve this. Orders remain buoyant and the new product ranges have been well received.' Enquiries: Concurrent Technologies Plc Tel. No.01206 752626 Glen Fawcett, Managing Director College Hill Tel. No.0171 457 2020 Michael Padley / Nicholas Nelson Copies of this announcement will be available from the Company's Registered Office: 4, Gilberd Court, Newcomen Way, Colchester, Essex. CO4 4WN for a period of 14 days from the date of the announcement.