Duluth, GA – March 13, 2006 – Concurrent (NASDAQ: CCUR), a leading provider of time-critical Linux operating systems and integrated computer solutions for mission-critical applications, today announced it will be awarded the Lockheed Martin STAR Supplier Award this week for years of performance as a top supplier to Lockheed. The award recognizes Concurrent’s achievements in meeting some of the most stringent quality and delivery criteria in the aerospace and defense industry.
“We are honored to have received this award from Lockheed Martin,” Concurrent’s CEO Gary Trimm said. “The STAR Award showcases supplier excellence, and it demonstrates Concurrent’s ability to provide its customers with not only high-caliber products in a timely manner, but also a level of customer service that is almost unparalleled in the industry.”
The goal of the STAR Supplier Program, which was introduced in 1999, is to enable Lockheed Martin to recognize its top performing suppliers. Lockheed Martin’s STAR Supplier Performance criteria include on-time delivery, quality, affordability, technical competency and responsiveness. Concurrent achieved outstanding performance rankings for all products provided to Lockheed Martin.
Concurrent has steadily provided Lockheed Martin with computing solutions for aerospace and defense initiatives for over 30 years. Most recently, Lockheed Martin selected Concurrent’s commercial-off-the-shelf RedHawk real-time Linux operating system for use in both the U.S. Navy’s Aegis Open Architecture (AOA) CR2 and the U.S. Army’s Theater High Altitude Area Defense (THAAD) programs.
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.
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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.
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