Concurrent MediaHawk Solution Powers Time Warner Cable Launch in Columbus; Columbus, Ohio Division Offers VOD to over 320K Subscribers

Business Wire, Nov 4, 2002

Business Editors/Technology Writers

ATLANTA--(BUSINESS WIRE)--Nov. 4, 2002

Concurrent Computer Corporation (Nasdaq:CCUR), the pioneer and market leader in North American Video-On-Demand (VOD) commercial deployments, today announced the successful launch of VOD services in Time Warner Cable's Columbus, Ohio Division.

Time Warner Cable - Columbus serves more than 326,000 basic subscribers and 108,000 digital subscribers. For the launch, Concurrent has 13 MediaHawk(R) 3000 VOD Systems installed, with a total streaming capacity of over 7,000 streams and an initial storage capacity of over 800 titles.

Randy Hall, vice president of engineering for the Columbus system, said, "Concurrent has proven the viability of its interactive television platform, its technology expertise and its great attention to customer service. Throughout the launch process, Concurrent was with us each step of the way." He continued, "We are very pleased with the smooth launch of VOD services and with the outstanding response from our customers."

Steve Necessary, president of Concurrent's XSTREME (VOD) Division, said, "We are delighted to be working with Time Warner on another significant commercial VOD rollout. Concurrent is proud to be a Time Warner Columbus ally in their delivery of innovative on-demand programming." He added, "We appreciate Time Warner's confidence in Concurrent's VOD solution and look forward to duplicating our success in the Columbus system."

As the first company to commercially deploy VOD in 1999, Concurrent continues to build on its VOD industry leadership position with a total of 48 VOD market deployment commitments with AOL Time Warner, Blue Ridge Communications, Charter, Cogeco, Comcast, Cox and Mediacom. These markets serve 3.4 million digital cable subscribers, making Concurrent's installed base in North America the largest in the industry.

Concurrent's MediaHawk Broadband VOD System features the MediaHawk Video Server and MediaHawk Business Management System (BMS), which provide cable operators all the tools necessary to run their VOD business from end-to-end. The MediaHawk BMS includes a complete system for managing content, subscriber demographic information, transaction and usage analysis, billing and order fulfillment. Concurrent's VOD technology enables subscribers to use a digital set-top box to instantly call up digital movies and other programming from a list that includes major movie titles and control their selected movie with VCR-like functionality including fast forward, pause and rewind.

About Time Warner Cable

Time Warner Cable, Columbus Division serves 326,000 customers in 290 communities in central and southeast Ohio. It is a division of Time Warner Cable, which owns and manages the world's most advanced, best-clustered cable television operations with 92 percent of its 12.8 million customers in systems of 100,000 subscribers or more. It is a division of AOL Time Warner Inc.

About Concurrent

Concurrent Computer Corporation (http://www.ccur.com) is a worldwide leader in high-performance computer systems, software, and servers. Concurrent's XSTREME Division is the worldwide market leader in providing digital VOD systems to the broadband industry. This market includes broadband VOD and rich streaming media applications such as corporate training, education, hospitality, and digital video-to-the-home. Concurrent is also a leading provider of high-performance, real-time computer systems, solutions, and software that focus on hardware-in-the-loop and man-in-the-loop simulation, data acquisition, and industrial control systems for commercial and government markets. Concurrent has 35 years of experience and is providing these best of breed solutions through its offices in North America, Europe, Asia, and Australia.

Concurrent is the established leader in the VOD market, serving seven major cable operators in 48 markets with 3.4 million digital subscribers. Concurrent's proven technology provides one of the most flexible and comprehensive solutions for HFC, DSL and IP-based networks. The company's powerful and scalable VOD systems are based on open standards and are integrated with the leading broadband technologies.

Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. When used or incorporated by reference in this release, the words "believes," "expects," "estimates," and similar expressions are intended to identify forward-looking statements. Statements regarding future events and developments 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. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. The risks and uncertainties which could affect our financial condition or results of operations include, without limitation: 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 limited operating history of our video-on-demand segment; the concentration of our customers; failure to effectively manage growth; delays in testing and introductions of new products; rapid technology changes; demand shifts from high-priced, proprietary real-time systems to low-priced, open server systems; 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 the entry of new well-capitalized competitors into our markets.