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Concurrent Expands Global Focus with New Vice President of Engineering

August 26, 2010

ATLANTA, Aug. 26 /PRNewswire-FirstCall/ — Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, today announced the appointment of Andy Huang as vice president of engineering. Andy brings to Concurrent more than two decades of experience in the global video market. Andy’s leadership focuses on addressing the unique challenges and complexities content providers, service providers, and advertising stakeholders are facing as they begin to launch next generation multi-screen services.

“We have added another long-time, video industry veteran to our team of multi-screen experts,” said Dan Mondor, president and CEO of Concurrent. “Andy offers a depth of knowledge about the international video market, especially the Asia-Pacific region. This expertise and business experience enhances our ability to develop and deliver the technologies and solutions our customers need to thrive in an increasingly competitive video industry.”

Andy comes to Concurrent with more than 20-years of engineering, product management and technology leadership in the video industry. Having worked on many international projects spanning a wide range of countries, including the U.S., Canada, Europe, China, Japan, India and Singapore, Andy brings a global perspective to the team. Prior to Concurrent he served as director of engineering for IP video at Cisco where he drove the innovation of new media technologies, including home networking, display, middleware, and more. He also held a number of leadership roles at Scientific-Atlanta (now a Cisco company), including director of product management and R&D. During his nearly 10-year career with the company, he lead a number of high profile initiatives, including developing the company’s set top box strategy for China, as well as leading the creation of the IPTV/ITV access network and system architecture for cable operators.

“Consumer interest in Web and mobile video has been steadily growing each and every day,” said Andy Huang, Vice President of engineering for Concurrent. “I am pleased and excited to join a company that is focused on delivering commercial quality multi-screen video in a way that no other company is doing today–with a complete solution that not only supports video delivery to any device, but also collects the census-level media data needed to monetize this content. By converging media data collection and multi-screen video delivery, Concurrent has the ability to deliver highly optimized video ecosystems that can more effectively address the needs of each stakeholder in the video delivery and advertising chain and help to drive profitable revenue growth.”

Andy holds a Ph.D. in electrical engineering from Nanyang Technological University in Singapore. He received his master’s and bachelor’s degrees in electrical engineering from Qinghua University and Shanghai University, both in China.

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


Source: newswire



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