Concurrent Newsroom

FOR IMMEDIATE RELEASE

Concurrent Named a TAG Top 40 Innovative Technology Company

Top 40 Companies to be Honored for Innovation and Contributions to Georgia’s Technology Community

ATLANTA (March 15, 2012) – The Technology Association of Georgia (TAG), the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry, today announced Concurrent as one of its Top 40 Innovative Technology Companies in Georgia. TAG will recognize this prestigious group at the 2012 Georgia Technology Summit (GTS) on March 28, 2012, at the Cobb Galleria Centre. 

TAG’s Top 40 Awards recognize Georgia-based companies for their degree of innovation, the scope and financial impact of their innovations and effect of such innovation in promoting Georgia’s technology industry throughout the U.S. and globally. 

“The Top 40 companies are shining examples of what makes Georgia a hotbed for innovation in technology,” said Tino Mantella, president & CEO of TAG. “Georgia is home to more than 13,000 technology companies, so we applaud the 2012 Top 40 finalists for standing out as leaders in innovation and in Georgia’s technology community. These are the types of companies that will help Georgia become recognized as one of the top states in the nation for technology.” 

“This year we had a 30% increase in the number of applications over the past few years.  We were very impressed by the quality and breadth of technology companies that applied,” said Dennis Zakas, a partner and founder of Zakas & Leonard, LLP, Chair of Group Office Buys, LLC, and chairperson of the Top 40 Selection Committee.  “It was very difficult to choose the Top 40 because of the large number of deserving companies. We expect great things from our winners.”

In 2011, Concurrent added eFactor to its portfolio of video solutions.  eFactor simplifies the delivery of multi format video to internet connected devices.  With eFactor, Concurrent is capitalizing on its rich history as a video solutions leader by adding a flexible offering that simplifies video distribution to a wide variety of consumer devices, many of which have differing video format requirements.  eFactor eliminates the need for content producers and service providers to package content in these multiple formats, thereby creating huge efficiencies.  eFactor provides ways for companies to protect their content from piracy and create new business models including localized and customized advertising, subscription fees, and more.

“Our eFactor solution is an innovative approach to solving a major hurdle standing in the way of companies and other organizations achieving ubiquity with their video resources,” said Bob Chism, chief technology officer of Concurrent. “Our unique approach to solving an existing challenge reflects the continued technological innovation and excellence for which the State of Georgia is known. eFactor is not only technologically elegant, it is extremely practical, easy to implement and delivers both cost savings and revenue generation benefits.

For more information about the Top 40 awards and the Georgia Technology Summit, visit http://www.tagonline.org/georgia-technology-summit.php. Follow the conversation on Twitter through #GTS2012. 

About The Technology Association of Georgia (TAG)

The Technology Association of Georgia (TAG) is the leading technology industry association in the state, serving more than 15,000 members and hosting over 200 events each year. TAG serves as an umbrella organization for 30 industry societies, each of which provides rich content for TAG constituents. TAG’s mission is to educate, promote, influence and unite Georgia’s technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy. The association provides members with access to networking and educational programs; recognizes and promotes Georgia’s technology leaders and companies; and advocates for legislative action that enhances the state’s economic climate for technology. Additionally, the TAG Education Collaborative (TAG’s charitable arm) focuses on helping science, technology, engineering and math (STEM) education initiatives thrive. For more information visit the TAG website at www.tagonline.org or TAG’s community website at www.TAGthink.com. To learn about the TAG-Ed Collaborative visit http://www.tagedonline.org/.

About Concurrent

Concurrent (NASDAQ: CCUR) is a global leader in multi-screen video delivery, media data management, and monetization. Built on a solid foundation of Emmy Award-winning technology, Concurrent’s solutions provide consumers with ubiquitous access to content on any screen and provide media stakeholders with a holistic view of the consumer video experience. Concurrent supplies customers across the entire media ecosystem (cable, telecommunications, wireless, web, advertising, and content supplier industries) with enterprise-level CDN technology, multi-screen video delivery, monetization, media data collection and logistics solutions. 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 has offices in North America, Europe and Asia. Visit www.ccur.com for further information and follow us on Twitter: www.twitter.com/Concurrent_CCUR. 

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 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 August 30, 2011, 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. All other Concurrent product names are trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.

For more information, contact:

Media Relations:

Kristen Bryant
Phone: (678) 258-4221
Email: Kristen.Bryant@ccur.com

Lauren Nowicki
Phone: (646) 202-9783
Email: Lauren.Nowicki@horngroup.com