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Cable Industry Veteran Steve Necessary Joins Concurrent Computer Corporation As President of the XSTREME Division.


Business Editors/Technology Writers

ATLANTA--(BUSINESS WIRE)--June 19, 2002

Concurrent Computer Corporation This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 (Nasdaq:CCUR CCUR Center for Crops Utilization Research ), the pioneer and market leader in North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Video-On-Demand (VOD See video-on-demand.

VoD - video on demand
) commercial deployments, is pleased to announce that Steve Necessary has joined the Company as president of the XSTREME Division. Mr. Necessary will be reporting to the president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Concurrent, Jack Bryant. Since Mr. Bryant assumed the position of president and CEO in October 2000, he has been the acting president of the XSTREME Division of the Company.

In his new position at Concurrent, Mr. Necessary will be leading the division's efforts to expand its leadership position as a recognized worldwide leader of reliable, high-capacity end-to-end VOD systems and services. Mr. Necessary will use his industry expertise and general management experience to build on Concurrent's excellent operational performance and identify new process improvement initiatives to help facilitate the growth of Concurrent's VOD business.

Mr. Necessary brings over 20 years of cable television related experience to Concurrent. Most recently, Mr. Necessary was the president, CEO, and director of PowerTV, Inc, a software subsidiary of Scientific-Atlanta. Previously, Mr. Necessary had been corporate vice president and vice president of marketing at Scientific-Atlanta. He also held a number of other positions with Scientific-Atlanta, including vice president and general manager of analog video The original video recording method that stores continuous waves of red, green and blue intensities. In analog video, the number of rows is fixed. There are no real columns, and the maximum detail is determined by the frequency response of the analog system.  systems, where he was responsible for the operational P&L, product planning Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set. See also
  • Market requirement
  • Product management
  • Product Manager
, engineering, and marketing for advanced analog set-tops. Mr. Necessary spent several years at ANTEC Corporation, where his final position was president of the products group. Earlier in his career, he was a team manager for Procter & Gamble.

Mr. Necessary earned a bachelor's degree in Engineering Economic Systems from Georgia Tech with highest honors and an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Harvard. He is a member of CTAM CTAM Cable and Telecommunications Association for Marketing
CTAM Cable Television Administration and Marketing Society
CTAM Centralized Tuition Assistance Management (Army education)
CTAM Climb to and Maintain
 (Cable and Telecommunications Association for Marketing), SCTE SCTE Society of Cable Telecommunications Engineers
SCTE Society of Cable Television Engineers
SCTE Serial Clock Transmit External
 (the Society of Cable Telecommunications Engineers), WICT WICT Women In Cable and Telecommunications  (Women in Cable and Telecommunications), and Christians in Cable. Mr. Necessary also serves on the board of the Atlanta Ballet The Atlanta Ballet was founded in 1929 by Dorothy Alexander as the Dorothy Alexander Concert Group, which later became the Atlanta Civic Ballet and, in 1967, the Atlanta Ballet.  Theater and the advisory board of the Georgia Wilderness Institute.

Jack Bryant, president and chief executive officer of Concurrent, said, "I am very excited to have Steve on board to further strengthen the Concurrent management team. Steve is a highly regarded and respected cable industry veteran and brings with him tremendous experience. With the growth Concurrent has experienced, the XSTREME Division will benefit from Steve's strong general management, marketing, product management, and operations experience." He concluded, "With Steve focusing on managing the growth of the XSTREME Division and the strong execution of our operational business objectives, we expect to continue to build on Concurrent's leadership in the VOD marketplace."

"I am looking forward to contributing to, and complementing the strong management team at Concurrent Computer," said Steve Necessary. "Concurrent's prospects in the VOD market are highly attractive, as is the Company's reputation for quality and service. This is a great team, and I am proud to be a part of it."

About Concurrent

Concurrent Computer Corporation (http://www.ccur.com) is a leading provider of high-performance computer systems, software, and servers. Concurrent Computer Corporation's XSTREME Division is a leading supplier in the emerging digital video server marketplace. This market includes broadband VOD and rich streaming media See streaming audio, streaming video and digital media hub.  applications such as corporate training, education, hospitality, and digital video-to-the-home. Concurrent is also a leading provider of high-performance, real-time computer systems, solutions, and software for commercial and government markets. Concurrent's 35-year-old Real-Time business focuses on strategic market areas that include hardware-in-the-loop and man-in-the-loop simulation, data acquisition, industrial systems, and software. Operating worldwide, Concurrent provides sales and support from offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia, and Australia.

Concurrent brings over 35 years of real-time experience to the broadband VOD and rich streaming media industries and has become a market leader. Today, Concurrent's worldwide broadband VOD and rich streaming media trials and deployments include: AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services.  Time Warner Cable This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  - 15 markets; Beijing Fengtai Cable - China; Blue Ridge Blue Ridge, eastern range of the Appalachian Mts., extending south from S Pa. to N Ga.; highest mountains in the E United States. Mt. Mitchell, 6,684 ft (2,037 m) high, is the tallest peak. Beginning with a narrow ridge in the north, c.  Communications - Pennsylvania; Charter - 6 markets; Cogeco Cable - Quebec and Ontario, Canada; Comcast - 9 markets; Cox - 3 markets; Horizon.com - Singapore; Mediacom - one market; NXTV Inc. - 4 hotels; OLYMPUS Optical - Hamburg, Germany; Safari Technologies - 16 educational institutions throughout North America; Shanghai Telecom - China; and VOD Pty Ltd./TransAct - Australia.

Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. When used or incorporated by reference in this release, the words "believes," "expects," "estimates," and similar expressions are intended to identify forward-looking statements. Statements regarding future events and developments 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. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. The risks and uncertainties which could affect our financial condition or results of operations include, without limitation: availability of video-on-demand content; delays or cancellations of customer orders; changes in product demand; economic conditions; various inventory risks due to changes in market conditions; uncertainties relating to the development and ownership of intellectual property; uncertainties relating to our ability and the ability of other companies to enforce their intellectual property rights; the pricing and availability of equipment, materials and inventories; the limited operating history of our video-on-demand segment; the concentration of our customers; failure to effectively manage growth; delays in testing and introductions of new products; rapid technology changes; demand shifts from high-priced, proprietary real-time systems to low-priced, open server systems; system errors or failures; reliance on a limited number of suppliers; uncertainties associated with international business activities, including foreign regulations, trade controls, taxes, and currency fluctuations; the highly competitive environment in which we operate; and the entry of new well-capitalized competitors into our markets.

Other important risk factors are discussed in our Current Report on Form 8-K Form 8-K

The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock.


Form 8-K

See 8-K.
, dated October 22, 2001, incorporated herein by reference. 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.

Note to Editors: For additional company or product information from Concurrent Computer Corporation, please contact Concurrent Computer Corporation, 4375 River Green Parkway, Duluth, GA 30096. Call toll free in the U.S. and Canada at (877) 978-7363, fax (678) 258-4199. Readers can also access information through the company's Web site at http://www.ccur.com.

Concurrent Computer Corporation and its logo are registered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Cable Industry Veteran Steve Necessary Joins Concurrent Computer Corporation As President of the XSTREME Division.
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Date:Jun 19, 2002
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