Concurrent Expands Three-Screen Delivery Presence in Asia Pacific
August 11 2009 - 3:16PM
PR Newswire (US)
ATLANTA, Aug. 11 /PRNewswire-FirstCall/ -- Concurrent
(NASDAQ:CCUR), a worldwide leader in video and media data and
advertising solutions, today announced the company is expanding its
operations in Asia Pacific to further drive its global three screen
strategy. Industry veteran Steve VonderHaar will head the company's
office in Hong Kong and the operation in Beijing, China as regional
vice president. Concurrent also maintains an office in Tokyo,
Japan. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081216/CLTU015LOGO )
"Concurrent's open, commercial and intelligent approach to
multi-screen video solutions is an excellent fit for the Asia
Pacific market, which is integral in our global growth strategy,"
said Concurrent president and CEO Dan Mondor. "Consumers worldwide
are driving the need for ultimate flexibility in video delivery,
and Concurrent's end-to-end multi-screen solutions make it
possible. We are pleased to have Steve leading our efforts in the
region." According to SNL Kagan, Asia Pacific digital TV operators
are facing invigorated competition and are turning to
advanced-service rollouts to drive subscriber growth and ARPU
gains. Leading operators in the region are incorporating digital
video recorders, video-on-demand services and high-definition
content to drive revenues and enhance competitive differentiation.
Asia is also the largest consumer of mobile video, making it a
natural fit for Concurrent's three screen strategy. VonderHaar
joins Concurrent with extensive experience in Asia Pacific leading
global sales and business development organizations. He directed
the sales effort at converged network provider 3Com to drive
product into the telecommunications, MSO and managed services
businesses, with significant account wins in Korea, Australia, and
China. Prior to 3Com, VonderHaar spearheaded storage sales
throughout the region at Adaptec, achieving annual growth rates of
over 200%. Most recently, as vice president of sales at Newisys,
VonderHaar orchestrated the organization's first China-based
partner revenue stream. Concurrent's solutions are deployed by
major service providers in 265 markets worldwide, supporting over
33 million digital households, and collecting and correlating data
from over 700 million transactions per month. 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
http://www.ccur.com/. For more information, contact: Concurrent
Media Relations Rebecca Biggs Cohn and Wolfe 404.242.8763
Concurrent Investor Relations Kirk Somers 678.258.4000 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 27 August
2008, 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
Computer Corporation. All other Concurrent product names are
trademarks of Concurrent while all other product names are
trademarks or registered trademarks of their respective owners.
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http://www.newscom.com/cgi-bin/prnh/20081216/CLTU015LOGODATASOURCE:
Concurrent CONTACT: Concurrent Media Relations: Rebecca Biggs, Cohn
and Wolfe, +1-404-242-8763, ; Concurrent Investor Relations: Kirk
Somers, +1-678-258-4000, Web Site: http://www.ccur.com/
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