Johnstown, PA, February 14, 2008—At an executive session of Concurrent Technologies Corporation’s (CTC’s) Board of Directors on February 13, 2008, Daniel R. DeVos discussed his plan to retire as CTC’s President and Chief Executive Officer, effective January 2, 2009. The Board expressed its sincere appreciation for Dan’s commitment and leadership for the 20 years since CTC’s inception, and reluctantly accepted his retirement. Subsequently, following deliberation and considerable discussion, the Board unanimously selected Edward J. Sheehan, Jr., Senior Vice President & Chief Financial Officer, as Mr. DeVos’ successor. Upon his retirement, Mr. DeVos will continue to serve on CTC’s Board of Directors.

“What started 20 years ago as a small team of dedicated professionals focused on improving metalworking technologies has grown into one of America's top 100 government contractors,” commented Mr. Howard Picking, Chairman, CTC Board of Directors. “With Dan’s leadership, the company has grown from 15 to more than 1,400 employees at over 50 locations across the nation. I’m confident that the Company will continue to grow in the future.”

In October 1988, Daniel R. DeVos became President & CEO of Metalworking Technology, Inc., which became Concurrent Technologies Corporation upon its merger with the National Defense Environmental Corporation in 1992. In 1994, CTC was “spun off” from the University of Pittsburgh Trust, its original parent, and established as an independent, nonprofit, scientific research and development organization. Mr. DeVos, who was born and raised in Baltimore, Maryland, studied Civil Engineering at Carnegie Tech (now Carnegie Mellon University), and holds a Master’s degree in Education/Administration from the University of Pittsburgh.

Edward J. Sheehan, Jr. serves as Senior Vice President and Chief Financial Officer of CTC, is a member of the Company Executive Management Team, and serves on the Board of Directors of the company. As Chief Financial Officer of CTC, Mr. Sheehan is responsible for managing CTC’s assets, financial requirements, financing relationships and policy development. Mr. Sheehan has been employed by CTC since 1993. Mr. Sheehan also serves as the Chairman and President of the CTC Foundation. Mr. Sheehan earned his degree from the University of Virginia.

Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization providing innovative management and technology-based solutions to government and industry. Established in 1987, CTC operates from more than 50 locations with a staff of over 1,400 employees. CTC conducts impartial, in-depth scientific and technology-based assessments and delivers reliable, unbiased solutions that emphasize increased quality, enhanced effectiveness, and rapid technology transition and deployment. We offer a broad range of services and capabilities, coupled with real-world experience. CTC’s core strengths are in the areas of advanced materials and manufacturing; energy and environmental sustainability; force readiness; and command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR). For more information about CTC, visit www.ctc.com.