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Multi-Screen Video and Media Data Leader Concurrent Named a TAG Top 10 Innovative Technology Company

March 21, 2011

ATLANTA, March 21, 2011 /PRNewswire/ — Concurrent (Nasdaq: CCUR), a global leader in video, media data and advertising solutions, has earned a spot as one of Georgia’s Top 10 Innovative Technology Companies by the Technology Association of Georgia (TAG).

(Logo: https://photos.prnewswire.com/prnh/20110317/CL67141LOGO )

The state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry, TAG, annually names the Top 10 Innovative Technology Companies. Those landing a coveted spot on the list do so because of their proven track record in innovation, financial impact, and their efforts to promote Georgia’s technology initiatives throughout the U.S. and beyond.

“Since Concurrent’s move to Atlanta in 1999 they have been a bedrock technology company for Georgia and we applaud their work to change how video is delivered and consumed in today’s media-rich global societies,” said Tino Mantella, president and CEO of TAG. “We are proud to highlight the most pioneering businesses in the state, which are focused on delivering valuable products and services to Georgia and beyond. By cultivating these companies, Georgia will become a destination of choice for technology education, research and business.”

Consumers worldwide are increasingly interested in watching video beyond their living rooms using laptop computers, tablet computers, smart phones, and other wireless devices. Concurrent’s single platform software enables video content to be delivered on-demand to any device and allows content to follow consumers as they transition between devices. In addition to providing a mechanism for content and service providers to generate revenue from premium movie content and relevant video advertising, Concurrent’s solution senable them to offer consumers a more personalized video experience. Subscribers can upload personal video content into the cloud and share it with friends and family around the world. Combining internet technology with service provider hosted multi-screen video on demand; Concurrent provides a foundation for new revenue generating video services.

“The TAG Top 10 recognition was possible because of our more than 300 talented employees who are working to deliver tomorrow’s video and media data solutions,” said Dan Mondor, president and CEO of Concurrent. “Our success directly reflects the strength of Georgia’s technology community which is very rich in innovation. As a result, Concurrent continues to be a global leader in providing the technology that enables the seamless delivery, management and monetization of multi-screen video services.”

TAG will recognize Concurrent and the other top innovators at the 2011 Georgia Technology Summit on March 23, 2011, at the Cobb Galleria. The Summit is TAG’s flagship event, bringing together C-level executives, entrepreneurs, technology professionals and academia to celebrate and recognize Georgia’s technology community.

“The competition for Top 10 recognition was particularly fierce this year, which speaks to the rapid expansion of Georgia’s technology community,” said Dennis Zakas, a partner and founder of Zakas & Leonard, LLP and chairperson of the Top 40 Selection Committee.

In addition to presenting at the 2011 Georgia Technology Summit, this week Concurrent will be demonstrating its new personal video sharing solution at IP&TV World Forum 2011 in London, and its total video delivery platform at CCBN, the largest broadcasting tradeshow exhibition in the Asia-Pacific region.

For more information about TAG and the Georgia Technology Summit, visit http://www.tagonline.org/georgia-technology-summit.php.

About Company

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 patented, 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 has offices in North America, Europe and Asia. For more information, please visit www.ccur.com . Concurrent, Concurrent Computer Corporation and its logo are registered trademarks of Concurrent Computer Corporation.

About The Technology Association of Georgia (TAG)

TAG is a leading technology industry association dedicated to the promotion and economic advancement of the state’s technology industry. TAG provides leadership in driving initiatives in the areas of policy, capital, education and giving, and also brings the technology community together through events, initiative programs and networking opportunities. TAG serves as an umbrella organization for 27 special interest groups, or societies, including Women in Technology (WIT). Additionally, TAG’s charitable arm, the TAG Education Collaborative, is focused on helping science, technology, engineering and math (STEM) education initiatives thrive. For more information visit the TAG website at www.tagonline.org or TAG’s community website at www.TAGthink.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


Source: newswire



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