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Smartronix, Inc. and Concurrent Technologies Corporation (CTC) Establish Strategic Partnership

June 5, 2018

HOLLYWOOD, Md., June 05, 2018 (GLOBE NEWSWIRE) -- Smartronix and Concurrent Technologies Corporation (CTC) are pleased to announce the establishment of a strategic business partnership that will enable them to leverage their capabilities and resources to collectively deliver increased value to their worldwide government and commercial clients. Smartronix is well known across federal, military, and commercial business sectors for its cloud computing, cyber security, and mission-assured engineering capabilities. Similarly, CTC has a long history of providing innovative technology solutions for its clients in a wide range of disciplines, including advanced engineering and manufacturing, energy and environment, information technology (IT), and readiness and training.

This partnership enables the two organizations to tackle many complex challenges facing their individual and shared customer communities. Clients will benefit from a collective skilled workforce, extensive industrial facilities, intellectual property, and innovative contracts.

Smartronix CEO John Parris and CTC President and CEO Ed Sheehan expressed optimism over the opportunities that this new partnership will provide. John Parris commented, “I’m excited about the possibilities that are entailed in our two companies coming together in this partnership. This arrangement will give us not just an additive effect, but really a multiplicative effect as we extend our compliment of capabilities across our client bases.” Similarly, Ed Sheehan noted, “The synergy of our capabilities will benefit both of our companies, but most importantly, it will benefit our clients, who will gain from our combined resources.”

About Smartronix, Inc.Smartronix, Inc. is a U.S.-based, highly regarded IT and engineering solutions provider specializing in mission-focused engineering, cloud computing, cyber security, health IT, and network operations. In today’s demanding and ever-changing technology and warfare landscapes, the company continues to provide innovative and secure solutions through in-depth experience in global and complex enterprise environments requiring mission-critical engineering support. For more information about Smartronix, visit www.smartronix.com.

About Concurrent Technologies CorporationConcurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization. Together with our affiliates, Enterprise Ventures Corporation and CTC Foundation, we leverage research, development, and test and evaluation work to provide transformative, full lifecycle solutions. To best serve our clients’ needs, we offer the complete ability to fully design, develop, test, prototype, and build. We support our clients’ core mission objectives with customized solutions and strive to exceed expectations. For more information about CTC, visit www.ctc.com.

Media Contacts Smartronix, Inc. Concurrent Technologies Corporation Laurell Aiton Mary Bevan (301) 373-6000 (814) 269-2490 laiton@smartronix.com bevanm@ctc.com

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