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Everstream Selected for J:COM's Video-on-Demand Data Collection and Reporting; First International Deal for Concurrent Subsidiary

Posted on: Tuesday, 25 April 2006, 15:00 CDT

Everstream, a Concurrent company providing data collection, warehousing, reporting and business analytics software, announced a deal with J:COM as Everstream's first international software deployment. J:COM, the largest HFC (hybrid fiber-coax) cable MSO (multi-system operator) in Japan, launched commercial on-demand services in January 2005 based upon Concurrent's MediaHawk(TM) Video-on-Demand (VOD) system.

J:COM has deployed Everstream's DataSuite(TM) software to collect and warehouse data from its interactive platforms, particularly from its wide deployment of Concurrent's MediaHawk(TM) VOD system. J:COM will use Everstream's ReportOne(TM) to measure consumption, revenue, and video asset inventory across all their markets, while using Everstream's Xi(TM) software to compare key performance metrics such as subscriber activity and quality across their markets.

Toru Kato, J:COM's director and general manager, Service Strategy Division, stated that Everstream was selected based on their scalability and willingness to satisfy J:COM's stringent requirements for system and business analysis tools. "J:COM's on-demand service has experienced extraordinary growth, expanding to support almost 700,000 digital subscribers across all of our operating regions. Using Everstream allows us to optimize the growth opportunities presented by our on-demand services."

Capitalizing upon the inherent flexibility of DataSuite(TM) and ReportOne(TM), Everstream developed customized report templates to satisfy J:COM's specific reporting requirements.

"This marks a major milestone for Everstream as we begin our service of the international markets," stated Charlie Lougheed, president of Everstream. "J:COM represents the world's fastest growing and the largest international deployment of on-demand services. Everstream is excited to be able to provide J:COM with the tools needed to effectively manage the on-demand service."

Everstream is already the most widely distributed interactive service reporting software for cable and broadband operators in North America, deployed in cable systems owned and operated by MSOs such as Time Warner, Comcast and Cox Communications. The entry into the international market comes six months since Everstream's acquisition by Concurrent.

"One of our key objectives in last year's acquisition of Everstream was to utilize Concurrent's strong worldwide network to expand Everstream's international presence," stated Gary Trimm, CEO and President, Concurrent. "This order represents a major milestone in Everstream's international growth strategy, and re-affirms their dominant position as a market leader, both domestically and internationally."

Having completed internationalization of its software base, Everstream plans to expand its presence throughout Asia, Europe, and South America this year. Everstream will leverage Concurrent's network of local personnel and partners to provide local consulting services and language and currency specific report customization.

About Everstream

Everstream serves the world-wide cable and telecommunication industry with software commercially deployed in 9 of the largest service providers, in over 130 cities and covering over 14 million digital subscribers. Everstream provides the industry's most comprehensive data collection, reporting, analytics, and advertising platforms, enabling universal data collection for more vendor systems than anyone else.

Everstream technology empowers marketing, programming, advertising, and operations teams to seamlessly analyze usage, revenue, and quality of interactive services. This intelligence provides new ways to compete by quickly identifying opportunities for revenue growth, operational efficiencies, and reduction of subscriber defection. For more information, visit http://www.everstream.com.

About J:COM

Jupiter Telecommunications Co., Ltd. (J:COM) is the biggest umbrella company (MSO) operating multiple cable TV systems in Japan. "MSO" stands for Multiple System Operator and J:COM's function as an "MSO" is to invest in a number of cable TV systems to perform integrated business operations with an aim to increase management efficiency and to return the resulted benefits to the subscribers. Group purchase and uniform management of high quality equipment and programming (such as the Discovery Networks and Disney/ABC Cable Networks) results in the company's reasonable price setting. Also, by considering and introducing new technologies such as Pay-Per-View (PPV), Video-on-Demand (VOD) and Digital Video Recorders (DVR), the company is contributing to the penetration of attractive broadband systems into the customers' lives. J:COM's main focus is to offer "one-stop-shopping" service through its subsidiaries by delivering comprehensive service of (1) cable TV, (2) high speed cable Internet access service, (3) telephony service, via the high speed and high capacity networks of J:COM broadband systems. J:COM also provides mobile service partnered with a Japanese mobile operator.

About Concurrent

Concurrent (NASDAQ: CCUR) is a leading provider of high-performance, real-time Linux software and solutions for commercial and government markets. For 40 years Concurrent's best-of-breed products have enabled a range of time-critical solutions including: modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television. Concurrent's on-demand television applications are utilized by major service providers in the cable and IPTV industries to deliver video-on-demand (VOD). Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 24 countries. Concurrent's products and services are recognized for being uniquely flexible, comprehensive, robust and reliable. 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. Examples of forward looking statements in this press release include, without limitation, our expectation with regard to the impact of the Everstream transaction on our earnings, synergistic values, product developments, partnerships arrangements, and anticipated growth in the markets for our on-demand products. 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 integrate the acquisition and realize expected synergies and the impact of purchase accounting requirements. In addition, the risks and uncertainties which could affect our financial condition or results of operations include, without limitation: our ability to keep our customers satisfied; availability of video-on-demand content; delays or cancellations of customer orders; changes in product demand; economic conditions; various inventory risks due to changes in market conditions; uncertainties relating to the development and ownership of intellectual property; uncertainties relating to our ability and the ability of other companies to enforce their intellectual property rights; the pricing and availability of equipment, materials and inventories; the concentration of our customers; failure to effectively manage change; delays in testing and introductions of new products; rapid technology changes; system errors or failures; reliance on a limited number of suppliers; uncertainties associated with international business activities, including foreign regulations, trade controls, taxes, and currency fluctuations; the highly competitive environment in which we operate and predatory pricing pressures; failure to effectively service the installed base; the entry of new well-capitalized competitors into our markets; the success of new on-demand and real-time products; the availability of Linux software in light of issues raised by SCO Group; capital spending patterns by a limited customer base; and obligations that could impact revenue recognition.

Other important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on Sept. 2, 2005 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 Computer Corporation and its logo are registered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners.

Source: Business Wire

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