Concurrent Computer Corporation to Introduce VOD and iTV Solutions to Telecommunications Carriers at Telco TV

Business Wire, Nov 6, 2002

Business Editors/Technology Writers

Telco TV Conference Booth #4206

ATLANTA--(BUSINESS WIRE)--Nov. 6, 2002

Concurrent Computer Corporation (Nasdaq:CCUR), the pioneer and market leader in commercial Video-On-Demand (VOD) deployments, today announced that it will introduce integrated solutions for VOD and interactive television (iTV) to the telecommunications carrier industry at the Telco TV Conference & Expo on Nov. 15, 2002 at the Sheraton New Orleans Hotel in New Orleans, La.

Concurrent will be showcasing its industry-leading video streaming technology. A demonstration with partner Thirdspace - an integrated end-to-end digital video system solution for digital subscriber line (DSL)-based telecommunications full service providers - will include digital video broadcast, program guide, Video-On-Demand, electronic mail and television-based access to the Internet. Concurrent will also show how the most popular interactive video games can be brought to the home via the television. Thirdspace recently announced an exclusive partnership with G-cluster, the games service and system provider. Powered by Concurrent's MediaHawk in the integrated solution, existing multiplayer video games with 3D graphics and stereo sound can now be played by households on conventional TV set-top boxes (or personal computers) with Thirdspace Open Video Client (OVC) capability.

Focusing on consumer convenience, choice and control, a second demonstration will highlight subscription Video-On-Demand (SVOD) as the subscriber would experience this fully interactive on-demand service in the home. This demonstration will include Concurrent's SVOD service, encompassing feature films, new release films and original programming. The Telco TV audience will be treated to an interactive demonstration, including an interactive paid television (iptv) menu; channel line up, with the SVOD service as one of the channels; SVOD menu; and a variety of hit movie genres - all with full viewer control.

In addition, Del Kunert, Concurrent vice president, Marketing & Business Development, will be a featured panel speaker. Mr. Kunert joins a session entitled, "Competing with Digital Cable and DTV." With the cable and satellite industry vying for traditional telecom subscribers, this session will address how traditional telephone companies can use video to offensively and defensively defend their markets. Mr. Kunert's presentation will focus on revenue models for VOD and iTV based on Concurrent's experience in commercial deployments of VOD and iTV supporting 3.4 million digital subscribers. Additionally, he will introduce the possibility of future applications and revenue models of additional services such as interactive advertising, Personal Video Channel(TM) (pVC(TM)), and video centric shopping. Other speakers will include Michelle Abraham, senior analyst, Cahners In-Stat Group's Converging Markets & Technologies Group and Jay Fausch, senior director, Strategic Marketing, Alcatel - Broadband Access.

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.