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Concurrent Technologies Corporation Awarded Additional $15 Million on Air Force Research Laboratory Contract

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JOHNSTOWN, Pa., May 31, 2013 (GLOBE NEWSWIRE) -- Concurrent Technologies Corporation (CTC) has been awarded a $15 million increase on an Air Force Research Laboratory (AFRL) contract. The Indefinite Delivery Indefinite Quantity (IDIQ) contract was awarded in June 2009 and had an original ceiling value of $98 million. The ceiling has been raised to $113 million to accommodate new work for the United States Air Force and Army.

CTC assists the AFRL with its mission of transitioning emerging materials, processes and new technologies to reduce and eliminate toxic and hazardous chemicals, materials, and waste streams, while improving energy efficiency and reducing greenhouse gas emissions for the United States Air Force. Under the contract, CTC has identified new technologies and conducted technology assessments, demonstration/validation, design, optimization, and technology transition in two primary technology areas: Energy and Environment.

"This $15 million award is comprised of Air Force Advanced Power Technology Office and the U.S. Army Tank Automotive Research, Development and Engineering Center funding and establishes CTC as the lead design and integration organization on the Department of Defense Plug In Electric Vehicle Program," said Mark Ray, CTC AFRL Program Manager. "CTC has been providing AFRL quality technical and programmatic expertise over the past 13 years, and this award allows that partnership to continue into the future."

The purpose of the Department of Defense (DoD) Plug In Electric Vehicle (PEV) Program is to reduce the cost of vehicle fleet requirements while enhancing the military's mission capability, reducing greenhouse gas emissions, and decreasing petroleum consumption. The program's intention is to integrate vehicle-to-grid (V2G) systems at up to six pilot installations. V2G systems are comprised of PEVs, bi-directional charging stations, and software controls that enable the installations to compete in the frequency regulation and other energy markets.

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. As a nonprofit 501(c)(3) organization, CTC's primary purpose and programs are to undertake applied scientific research and development activities that serve the public interest. For more information, visit www.ctc.com.

CONTACT: Media Contact: Mary Bevan 814-269-2490 or bevanm@ctc.com









Source:Concurrent Technology Corp.