Concurrent Expands Video-on-Demand in China

ATLANTA, June 30, 2011 /PRNewswire/ -- Concurrent (NASDAQ: CCUR), a worldwide leader in video and media data and advertising solutions, today announced that it has reached agreements for next generation video-on-demand (VOD) solutions with four leading cable television operators in China. Concurrent is providing VOD solutions to Jiangsu CATV, Jilin CATV, Mudianjiang CATV, and Xizhou CATV, whose combined subscriber base represents more than 25 million households. Concurrent, with operations in Beijing, is providing VOD systems and associated services with China-based Potevio, a state-owned equipment manufacturer and network integration services provider.

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"China is rapidly becoming a growth engine for Concurrent," said Dan Mondor, Concurrent's president and chief executive officer.  "These new agreements illustrate that we are successfully executing against our strategy of focusing on high growth international markets to expand our global customer base. Our decision to partner with Potevio in mainland China is paying dividends, and together we are taking the leadership position in video and media data solutions in this explosive market."

Jiangsu Broadcasting and Television Network (Jiangsu CATV) is China's largest conglomeration of cable multiple system operators (MSOs) with approximately 20 million subscribers, and Jilin CATV is a top 10 cable provider with nearly 4 million subscribers, both provincial-level operators. Mudianjiang CATV and Xizhou CATV are city-level cable operators.

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.

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 August 31, 2010, 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. All other Concurrent product names are trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.

SOURCE Concurrent

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