Concurrent Taps Industry Vet to Lead Mobile and Web Video Unit

ATLANTA, Aug. 26 /PRNewswire-FirstCall/ -- Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, today announced that video-industry veteran Jim Denenny has joined the company as Vice President and General Manager of Web and Mobile Video Solutions. In this role, Jim will help lead the company as it further expands its presence amongst content providers, internet and wireless service providers.  

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"We are very excited to have a person with such a strong background in mobile and web video solutions, join our team," said David King, Senior Vice President Video Solutions and Chief Marketing Officer. "Jim's years of experience and depth of knowledge about the video industry will allow us to continue to provide our customers, not only best-in-class technology solutions, but the leadership to help solve our customers' toughest issues."

Jim brings to Concurrent more than 20 years of industry experience working for technology companies that provide solutions to enhance the user experience, produce value-added applications and provide end-to-end commercial content delivery services for the TV, internet and mobile environments. Prior to Concurrent, Jim served as Vice President and General Manager at ANT Software Limited, during which time he led the significant expansion of their reach into the North American video market. He also spent 10-years at RealNetworks and served in numerous senior management positions, including  General Manager of Real's Video Services Business Unit, providing solutions which enabled Tier-1 mobile operators to offer video services to their subscribers.

"Concurrent has a history of delivering 'firsts' in video technology. I am thrilled to be working with a company dedicated to expanding the limits in video delivery," said Jim Denenny, Vice President and General Manager of Web and Mobile Video Solutions for Concurrent. "More than 170 million viewers watched online video in July* and mobile video views continue to rise. Recognizing the new challenges in delivery and monetization, Concurrent is helping video companies address these opportunities and raise the bar for superior video experiences and services."

Jim holds a degree in Engineering Science and Mechanics from the Georgia Institute of Technology in Atlanta.

* According to the July 2010 comScore Video Metrix

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 28 August 2009, 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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