Concurrent Expands Three-Screen Delivery Presence in Asia Pacific

Concurrent Expands Three-Screen Delivery Presence in Asia Pacific

ATLANTA, Aug. 11 /PRNewswire-FirstCall/ -- Concurrent (NASDAQ:CCUR) , a worldwide leader in video and media data and advertising solutions, today announced the company is expanding its operations in Asia Pacific to further drive its global three screen strategy. Industry veteran Steve VonderHaar will head the company's office in Hong Kong and the operation in Beijing, China as regional vice president. Concurrent also maintains an office in Tokyo, Japan.

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"Concurrent's open, commercial and intelligent approach to multi-screen video solutions is an excellent fit for the Asia Pacific market, which is integral in our global growth strategy," said Concurrent president and CEO Dan Mondor. "Consumers worldwide are driving the need for ultimate flexibility in video delivery, and Concurrent's end-to-end multi-screen solutions make it possible. We are pleased to have Steve leading our efforts in the region."

According to SNL Kagan, Asia Pacific digital TV operators are facing invigorated competition and are turning to advanced-service rollouts to drive subscriber growth and ARPU gains. Leading operators in the region are incorporating digital video recorders, video-on-demand services and high-definition content to drive revenues and enhance competitive differentiation. Asia is also the largest consumer of mobile video, making it a natural fit for Concurrent's three screen strategy.

VonderHaar joins Concurrent with extensive experience in Asia Pacific leading global sales and business development organizations. He directed the sales effort at converged network provider 3Com to drive product into the telecommunications, MSO and managed services businesses, with significant account wins in Korea, Australia, and China. Prior to 3Com, VonderHaar spearheaded storage sales throughout the region at Adaptec, achieving annual growth rates of over 200%. Most recently, as vice president of sales at Newisys, VonderHaar orchestrated the organization's first China-based partner revenue stream.

Concurrent's solutions are deployed by major service providers in 265 markets worldwide, supporting over 33 million digital households, and collecting and correlating data from over 700 million transactions per month.

About Concurrent

Concurrent (NASDAQ:CCUR) is a global leader in innovative solutions that enable the seamless delivery, management and monetization of video on any screen. Built on a solid foundation of video firsts and Emmy-award winning technology, Concurrent's screen-independent video delivery and media data solutions create a truly holistic, 360 degree view of the consumer video experience. By harnessing the full potential of video, Concurrent provides customers in the cable, telco, wireless, web, advertising and content development industries with new revenue opportunities such as advanced advertising. Concurrent's video solutions are built upon a rich heritage of high-performance real-time technology which also powers solutions for the defense, aerospace, automotive and financial industries.

Concurrent is a global company with offices in North America, Europe and Asia. For more information, please visit www.ccur.com.

   For more information, contact:    Concurrent Media Relations   Rebecca Biggs   Cohn and Wolfe   404.242.8763   rebecca.biggs@cohnwolfe.com    Concurrent Investor Relations   Kirk Somers   678.258.4000   investor.relations@ccur.com   

Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and development and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward looking statements include, among others, statements regarding our products and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet customer schedules and demands and deployment and integration goals.

Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on 27 August 2008, and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K under the heading "Risk Factors" are specifically incorporated by reference in this press release. Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.

Concurrent, Concurrent Computer Corporation and its logo are registered trademarks of Concurrent Computer Corporation. All other Concurrent product names are trademarks of Concurrent while all other product names are trademarks or registered trademarks of their respective owners. Linux is used pursuant to a sublicense from the Linux Mark Institute.

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Source: Concurrent

CONTACT: Concurrent Media Relations: Rebecca Biggs, Cohn and Wolfe,
+1-404-242-8763, rebecca.biggs@cohnwolfe.com; Concurrent Investor Relations:
Kirk Somers, +1-678-258-4000, investor.relations@ccur.com

Web Site: http://www.ccur.com/

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Profile: International Entertainment