Vectra Selects Concurrent's MediaHawk VX Content Delivery Solution

ATLANTA, January 25, 2012 /PRNewswire/ --

- Concurrent Wins New Major Customer in Central Europe

News Highlights:

• Vectra to deploy Concurrent's MediaHawk™ VX platform in early 2012
• Solution enables Vectra to migrate to multi-screen delivery

Concurrent (NASDAQ: CCUR), a worldwide leader in video and media data solutions, announced that Vectra, Poland's second largest cable multiple system operator, has selected Concurrent's MediaHawk™ VX unified content delivery solution. Vectra plans to launch the system to TV subscribers in the first quarter of 2012 and anticipates using the same platform to support multi-screen services in the future.

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"Interest in high-quality video on demand (VOD) is growing rapidly in Poland, on both TV screens and connected devices," said Tomasz Zuranski, CEO of Vectra. "Concurrent offers an innovative content delivery solution that combines their best-of-breed VOD solution for TV environments with new multi-screen functionality that allows us to address PCs, tablets, and smart phones in the future. We believe Concurrent's software is uniquely capable of satisfying both our immediate term needs and our long term strategic goals as we continue to expand the range of video services we offer to our subscribers."

Gdynia-based Vectra delivers residential TV, traditional and mobile internet services, and fixed-line telephone services to more than 800,000 subscribers across Poland. The company recently became a Mobile Virtual Network Operator (MVNO), extending its offering to quad-play by providing mobile telephony services.

"Vectra has a clear strategy for growth and our MediaHawk solution enables them to effectively compete for new subscribers in the multi-screen arena," said Dan Mondor, Concurrent's president and CEO.  "As we extend our deployment footprint in Europe, Vectra will become an important 'showcase customer' for us, and a great example of how we can implement solutions that grow and evolve with our customers' needs."

About Concurrent

Concurrent (NASDAQ: CCUR) is a global leader in multi-screen video delivery, media data management and real-time computing solutions. Built on a solid foundation of Emmy Award-winning technology, service providers, content providers, and others across the video ecosystem are provided with enterprise-level CDN technology, multi-screen video delivery, content workflow applications, and video on demand. Additionally, Concurrent's media data solutions provide media stakeholders with a holistic view of their consumers' video experience, offering opportunities for monetization. Concurrent's video solutions are built upon a rich heritage of Real-Time technology, which has powered solutions for the aerospace, defense, automotive, transportation, energy and financial industries for more than four decades. Concurrent is headquartered in Atlanta with offices in North America, Europe and Asia.  Visit http://www.ccur.com for further information. Follow us on Twitter: http://www.twitter.com/Concurrent_CCUR.

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.

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SOURCE Concurrent