Concurrent Names James Brickmeier Vice President, Product Line Management

Business Wire,  July 16, 2008  

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Appointment Increases Focus on High Growth Markets

ATLANTA -- Concurrent (Nasdaq: CCUR), a worldwide leader in real-time Linux-based computing technologies, today announced that James Brickmeier has been named vice president of product line management. In this role, Mr. Brickmeier will lead product strategy and have P&L management responsibility for all Concurrent product lines and new product initiatives.

"Today's announcement represents one of many planned steps in executing our vision for Concurrent," stated Dan Mondor, Concurrent president and CEO. "The creation of a strong product management organization is essential to drive revenue growth, fuel innovation, and increase profitability as we focus on high growth market segments. Additionally, we have significantly increased our focus on partnerships and alliances with global industry leaders to complement Concurrent's core technologies and expand our market reach. Jim's appointment is complementary with this strategy."

Mr. Brickmeier has been instrumental in the definition and promotion of Concurrent's products throughout his tenure with the company. He played a key role in the development and market launch of Concurrent's MediaHawk[R] Content Delivery System, including its Emmy[R]-award winning time-shifted television technology. Prior to joining Concurrent in 2000, Mr. Brickmeier was with Manhattan Associates, a global leader in supply chain software solutions. During his five years with Manhattan Associates, he helped foster the growth of the company from approximately 20 employees to over 600, culminating in a successful public offering on the NASDAQ stock exchange.

Mr. Brickmeier holds a bachelor's degree in industrial and management engineering from Rensselaer Polytechnic Institute in Troy, New York. In his new role, he will serve as a member of Concurrent's senior executive team and will report directly to the president and CEO.

"Concurrent has achieved market leadership in every industry we serve," asserted Mr. Mondor. "Our RedHawk[TM] Linux operating system has been deployed extensively where guaranteed performance and unparalleled determinism are absolute necessities. Our MediaHawk Content Delivery System, which has been selected for the majority of the latest video-on-demand opportunities, today serves over 23 million cable and IPTV viewers globally and has achieved a 65% market share in the rapidly growing time-shifted television segment. Concurrent's data collection, reporting and monitoring solutions reach 85% of North American viewers and position us to take a leadership role in the emerging advanced advertising market."

About Concurrent

Concurrent (Nasdaq: CCUR) is a leading provider of real-time Linux-based computing technologies for commercial and government markets. Industries served include cable and telecommunications providers, defense and aerospace contractors, automotive manufacturers and financial institutions. For over 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 products are utilized by major service providers in the cable and IPTV industries to deliver, monitor and measure video-on-demand (VOD) and other interactive television applications, and support over 32 million digital subscribers worldwide. Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 26 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. These forward looking statements include, among others, statements regarding our products, release schedules, 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 31 August 2007, 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.