Concurrent Confirms Receipt of Director Nominations

ATLANTA, July 28, 2016 /PRNewswire/ -- Concurrent (NASDAQ:CCUR), a global provider of high‑performance Linux^® and storage solutions, today confirmed that JDS1, LLC is nominating three director candidates for election to Concurrent's Board of Directors at the Company's 2016 Annual Meeting of Stockholders. Concurrent's stockholders are not required to take action at this time.

The Company's Nominating Committee will review the proposed nominees in accordance with Concurrent's corporate governance policies, which apply to any nominees for election to Concurrent's Board. The Board will present its recommendation with respect to the election of directors in its definitive proxy statement, which will be filed with the Securities and Exchange Commission and mailed to all stockholders eligible to vote at the 2016 Annual Meeting of Stockholders.

About Concurrent
Concurrent (NASDAQ: CCUR) is a global software and solutions company that develops advanced applications on a core foundation of high performance Linux and storage technologies. We serve industries and customers that demand uncompromising performance, reliability and flexibility to gain a competitive edge, drive meaningful growth and confidently deliver best-in-class solutions that enrich the lives of millions of people around the world every day. Offices are located in North America, Europe and Asia. Visit www.concurrent.com for further information and follow us on Twitter: www.twitter.com/Concurrent_CCUR.

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 developments and the company's future performance, including, but not limited to, management's expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. 

Other important risk factors are discussed in Concurrent's Form 10-K filed August 26, 2015 with the Securities and Exchange Commission ("SEC"), and in subsequent filings of periodic reports with the SEC. The risk factors discussed in the Form 10-K and subsequently filed periodic reports under the heading "Risk Factors" are specifically incorporated by reference in this press release. Forward-looking statements are based on current expectations and speak only as of the date of such statements. Concurrent undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise. 

Concurrent Computer Corporation and its logo are registered trademarks of Concurrent. All Concurrent product names are trademarks or registered trademarks of Concurrent while all other product names are trademarks or registered trademarks of their respective owners.

For more information, contact:

Media Relations:
Tom Williams
Phone: (678) 258-4059
Email: [email protected]

Investor Relations:
ICR
Seth Potter
Phone: (646) 277-1230
Email: [email protected]

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SOURCE Concurrent

Related Links

http://www.concurrent.com