Concurrent Expands Into the Silicon Valley
Concurrent Expands Into the Silicon Valley
ATLANTA, Oct. 12 /PRNewswire-FirstCall/ -- Concurrent (NASDAQ:CCUR), a worldwide leader in video and media data and advertising solutions, today announced the company is expanding operations to the Silicon Valley with a new office in San Jose, Calif. This expansion further enhances company's recently-announced plans to broaden its footprint in the "three-screen" environment by generating new opportunities to deliver video content and analysis services into the cable, mobile and Internet spaces.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081216/CLTU015LOGO )
"As we advance into the Web and wireless video markets, we believe an established presence in the heart of the U.S. technology corridor is vital for our continued success," said Dan Mondor, Concurrent president and CEO. "By establishing an on-the-ground presence in Silicon Valley, we will deepen our network within our identified growth markets and improve access to many of our top prospects in terms of both sales and partnership opportunities. This expansion reinforces our commitment to these organizations and to the fulfillment of our three screen strategy."
The location will serve as Concurrent's West Coast business development office and will be headed by Kevin Nicholas, director of business development and managed services. Concurrent recently announced its expansion in Asia Pacific through the opening of its Hong Kong location, and the company has further plans to widen its business operations globally through channel partners and additional offices. Concurrent currently has offices in Atlanta, Ft. Lauderdale, Cleveland, London, Hong Kong, Beijing, Paris, Munich and Tokyo.
Concurrent's solutions are deployed by major service providers in 265 markets worldwide, supporting over 33 million digital households, and collecting and correlating data from over 700 million transactions per month.
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 Computer Corporation. All other Concurrent product names are trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.
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Source: Concurrent Computer Corporation
CONTACT: Rebecca Biggs, of Cohn and Wolfe for Concurrent Media
Relations, +1-404-242-8763, rebecca.biggs@cohnwolfe.com, or Kirk Somers,
Concurrent Investor Relations, +1-678-258-4000, investor.relations@ccur.com
Web Site: http://www.ccur.com/
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