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Concord Reaffirms Q2 Guidance and Announces Internal Changes.


Business/Technology Editors

MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. , Mass.--(BUSINESS WIRE)--May 6, 2002

Concord Communications (Nasdaq: CCRD CCRD Colorado Civil Rights Division
CCRD Clear Certainty Rundown
CCRD Center for Community Research and Development
CCRD Climate Change Research Division (US DoE)
CCRD Certified Chiropractic Rehabilitation Doctor
) today reaffirmed the increased financial guidance it set on April 12.

"Customers are responding positively to Concord's message and product suite," explained company 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.  Jack Blaeser. "Concord's eHealth(TM) 5.0 -- and distributed eHealth 5.5 -- are seamlessly integrating fault and performance management and providing businesses around the world with fast and measurable value. We are reaffirming the increased guidance we gave on April 12 -- Concord is anticipating Q2 revenue of $25-$26M and EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format.  of $0.05-$0.07."

Concord also announced a search for a new EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
 of worldwide sales and technical services as John Hamilton John Hamilton may refer to:
  • John Hamilton, 1st Lord Bargany
  • John Hamilton, 2nd Lord Bargany (c. 1640–1693), Northumbrian accused traitor
  • John Hamilton, 1st Lord Belhaven and Stenton
 announced his intention to leave Concord to pursue other interests. Concord will initiate a global search for a replacement EVP. On an interim basis, Daniel Sheahan, VP worldwide sales, and Ron Thompson, VP technical services, will assume increased responsibility at Concord.

About Concord Communications

Concord Communications, Inc. (Nasdaq: CCRD) is a market leader in automating technology management of the Internet infrastructure. With its eHealth(TM) Suite, Concord offers the only solution to combine real time information with historical context for integrated fault and performance management across systems, applications and networks. Only by successfully managing fault, performance and availability across all of these key areas can organizations truly ensure effective e-business. This end-to-end view provides the critical insights needed to power day-to-day business and e-commerce operations for some of today's most successful service providers and corporations worldwide. Concord is headquartered in Marlboro, Mass. For more information on Concord, call 1-800-851-8725 or visit Concord on the Web at www.concord.com.
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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Publication:Business Wire
Date:May 6, 2002
Words:273
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