ZON TVCabo Taps Concurrent for VOD Expansion

ATLANTA, Sept. 13 /PRNewswire/ -- Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, today announced ZON TVCabo has selected Concurrent's video delivery platform to expand its service offerings to its more than 1.6 million customers in Portugal. Concurrent will provide ZON with a unified video delivery and media data collection and management system, extending and expanding its current use of Concurrent's media data management solutions and operational reporting services. Concurrent's video delivery and media data management solutions provide ZON the ability to deliver multi-screen video, monitor video usage and analyze the subscriber experience at a census-level.

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"Our VOD enabled subscriber base is rapidly growing, so we needed to find a solution that allows us to expand with our customers' wants and needs," said Paulo Ribeiro, ZON TVCabo board member. "Concurrent's video delivery solutions provide us the ability to deliver the quality of video our subscribers want — where they want it. And Concurrent's media data solutions have enabled us to gain a comprehensive view of our customers' preferences and experiences, which has enabled us to provide a competitive and differentiated high quality video experience."

Concurrent's innovative Video to TV, Video to PC, and Video to Mobile software modules are designed to support a new generation of commercial applications, such as network DVR and 3-D VOD that can increase video-related revenue. Concurrent's MediaHawk® and MiniHawk™ video server platforms are the first systems to leverage VX software to enable unified video delivery across diverse networks, including cable, IPTV, internet and wireless infrastructures.

"Concurrent believes there are endless opportunities for new revenue growth through video," said David King, Concurrent Video Solutions Senior Vice President and Chief Marketing Officer.  "Our unified video delivery and data management ecosystem enables our customers, like ZON TVCabo, to capitalize on multi-screen and interactive video delivery offerings, as well as to quickly and effectively measure service performance, subscriber experience, activity rate and capacity management across their entire video network."

Concurrent's source system agnostic media data solution is designed to resolve the complex problems associated with the timely and accurate aggregation, management, and warehousing of viewership data across VOD, Linear, DVR, iTV, Web and Mobile platforms. Offered as a managed service, this solution provides a foundation for interactive television and advertising applications, as well as, comprehensive capabilities in census-level, multi-platform data aggregation and management.

Concurrent has 205 distinct video systems deployed in cable and telecom markets worldwide that represent approximately 22 million basic cable subscribers. The company's MDAS software serves over 38 million digital subscribers and aggregates and analyzes data from over 700 million video transactions per month.

Concurrent's booth at IBC 2010 is located in Hall 4, B74.  IBC 2010 runs September 10 – 14 at the RAI Centre in Amsterdam.

About ZON TVCabo

ZON TVCabo, a subsidiary of ZON Multimedia, is the largest Triple Play operator (TV, Broadband Internet and Fixed Telephony) in Portugal. With over 1.6 million customers, it is the leader of the Portuguese Pay TV market and one of the largest European operators.

With over 100 channels the company invests on the expansion of its digital grid and its cable and satellite platforms, in high definition and in 3D technology. ZON's HFC network is fully upgraded with Eurodocsis 3.0 and already delivering broadband speeds of up to 200 Mbps.

ZON Multimedia is listed on the main Portuguese stock index, PSI-20 index and it is also leader of the cinema market and is the second largest internet provider.

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 31August 2010, 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