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Concurrent Taps Media Industry Leaders for Advisory Board

Industry leaders to advise on three-screen strategy and execution


News provided by

Concurrent

Jan 06, 2010, 08:00 ET

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ATLANTA, Jan. 6 /PRNewswire-FirstCall/ -- Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, today announced the establishment of an advisory board. Media industry leaders Chris Bowick, William Markey and Vin Bisceglia will serve on the board to provide third-party counsel on Concurrent's cross-platform strategy and execution.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081216/CLTU015LOGO)

"We are excited to tap into the minds of leaders like Chris, William and Vin as we continue to execute on our strategy for three-screen video delivery and media data management," said Dan Mondor, President and CEO for Concurrent. "As we expand our offerings for the TV, PC and mobile devices, we believe drawing on this collective expertise will help us expand and accelerate our program's success."

Chris Bowick, currently president of The Bowick Group, LLC, retired as senior vice president of engineering & chief technology officer for Cox in June of this year. At Cox he was responsible for strategic technology planning and the development and deployment of technology solutions for the company's video, voice, high speed data and wireless products. He was also responsible for network engineering and network operations for Cox's nation-wide network infrastructure. He currently serves on the board of directors of LiquidxStream Systems, and his previous experience includes leadership roles at Jones Intercable, Inc., Jones Futurex, Scientific Atlanta and Rockwell International, Collins Avionics Division. Bowick holds degrees from the University of Colorado and the Georgia Institute of Technology.

William Markey is president of RCBG, a business strategy and advisory services firm for the telecom, media and technology industries. RCBG works with carriers, media companies, technology providers and equity investors to identify and execute growth opportunities across the globe. Prior to RCBG, Markey co-founded Ucentric Systems, a video server technology acquired by Motorola. His more than 20 years of industry experience also includes work with Pacific Telesis (now AT&T), 3Com and Motorola. Markey holds degrees from Georgetown University, Columbia University and Johns Hopkins University.

Vin Bisceglia brings more than 28 years of technology industry experience to Concurrent's advisory board. He is currently a general partner at Genovation Capital LLC, a venture firm in formation targeting early-stage technology startups in communications, media and internet applications. Over the years, Bisceglia has served in a number of leadership positions for companies including Broadbus (acquired by Motorola)--where he served as chairman and CEO, NEON Communications, TSG, Transaction Management, Inc. and National Semiconductor/DTS, Inc. Bisceglia holds degrees from the University of Massachusetts at Amherst and Suffolk University in Boston.

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

SOURCE Concurrent

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