Concurrent Technologies Corporation Holds Grand Opening Ceremony at New Facility in Crane, Indiana

CRANE, Ind., Sept. 14, 2011 /PRNewswire/ -- Concurrent Technologies Corporation (CTC) held a ribbon-cutting ceremony today to commemorate the grand opening of its new office in the WestGate @ Crane Technology Park in Crane, Indiana, adjacent to Naval Surface Warfare Center (NSWC) Crane.  CTC has over 1,400 employees working from more than 50 locations across the globe.  Thirty employees will initially be headquartered at the new office with more anticipated.  Attendees at the grand opening ceremony included CTC clients, business partners, and employees.

"This new building was designed to support collaborative engineering, research, development, and test and evaluation activities," said Edward J. Sheehan, Jr., CTC's President & Chief Executive Officer.  "The building offers 30,000 square feet of multi-use, configurable space which includes a conference center with seating capacity for more than 250 people and four additional conference rooms.  The new facility allows CTC to take advantage of Indiana's great engineering and technical talent in order to offer our clients innovative solutions.  CTC is proud to be a member of the West Gate Business community."  

The large conference center provides CTC with an opportunity to pay tribute to Indiana's history.  It has been named the "USS INDIANAPOLIS (CA-35) Conference Center" with approval from the Navy History and Heritage Command.  The USS Indianapolis was torpedoed by a Japanese submarine on July 30, 1945, in the Philippine Sea.  The ship sank, and after four and a half days and nights at sea, rescue crews finally found the accident site.  Only 316 men survived out of the 1,196 total on board before the attack.  "This is one small way that we can pay homage to the men who lost their lives," Mr. Sheehan said about naming the conference center after the USS INDIANAPOLIS.  "The room will include several artifacts from the ship, which will serve as a reminder to our employees that we are constantly working to help protect and serve our warfighters."

"The new facility will also be the home to CTC's strategic partner, STIMULUS Engineering Services," said Rod Padgett, CTC Senior Program Director.  STIMULUS Engineering Services provides specialized engineering services and accelerates disruptive technologies in the defense, security, energy, and advanced outdoors markets.  "Working closely with STIMULUS allows us to enhance the value of both companies for our clients," Mr. Padgett concluded.

CTC and STIMULUS will support regional and national clients with the capabilities that the new office provides.  "This facility will be used to support Department of Defense clients and enhance the region's attractiveness to DoD beyond Indiana," said Retired Vice Admiral Michael Bucchi, CTC Chief Military Advisor.  Tim Wagler, President of STIMULUS Engineering, added, "We foresee amazing things happening in and via this facility.  It will become a great enabler for collaboration between NSWC Crane, Camp Atterbury/Muscatatuck Center for Complex Operations (CA/MCCO), and other organizations within the Indiana-Kentucky Defense Corridor.  We are honored and excited to be playing a part."

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.

SOURCE Concurrent Technologies Corporation

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