Concurrent Appoints Gary Brust as New Vice President of Sales; Brust to Spearhead North American Sales for VOD Division.ATLANTA -- Concurrent Computer Corporation Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CCUR CCUR Center for Crops Utilization Research ) today announced that Gary Brust has joined the company's Video-On-Demand (VOD See video-on-demand. VoD - video on demand ) Division as vice president of sales for 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. . A seasoned cable technology veteran, Mr. Brust will be responsible for leading the company's sales initiatives for VOD products and services throughout North America. "We're happy to have Gary on board with Concurrent," said Steve Necessary, president of the company's VOD Division. "Gary brings with him a wealth of experience in the broadband market, as well as a background of solid relationships with some of our key customers. His experience and reputation in the industry are certainly positive attributes, and we're thrilled to have him as part of Concurrent's outstanding team as we continue to expand our leadership in the on-demand space." Mr. Brust brings nearly 20 years of marketing and sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a experience and over 18 years of cable-related experience to this position. Most recently, he was the vice president of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Sales and group director for US East for Terayon Communications Systems. Prior to Terayon, he held key executive management and sales positions with ADC Telecommunications ADC Telecommunications (NASDAQ: ADCT) is a communications company located in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. History In 1935, Ralph Allison founded ADC Telecommunications in the basement of his south Minneapolis home, inventing ADC's very and with Scientific-Atlanta. In each of these positions, Mr. Brust was responsible for significant wins and customer commitments, as well as increased sales and market share positioning. During his tenure with Scientific-Atlanta, he drove sales internationally, including Europe and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Additionally, at ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. , he was the regional vice president for Latin America. "I'm very excited to be joining the Concurrent team of visionary leaders," said Mr. Brust. "On-Demand services are continuing to expand and evolve, and Concurrent's dynamic software and open platform solution is a clear choice, giving operators the unique advantage of incrementally growing their systems on an as-needed basis, as they increase content and offer more and more differentiating services. On-Demand services are extremely compelling and critical to the success of the broadband market, and Concurrent is well positioned to take advantage of this burgeoning industry, giving operators the tools they need to battle satellite." About Concurrent's MediaHawk Platform Concurrent's MediaHawk On-Demand Platform is a proven foundation for the delivery of the latest on-demand services, including Movies-On-Demand (MOD), Subscription Video-On-Demand (SVOD SVOD Subscription Video on Demand SVOD Stacked Volumetric Optical Disk SVOD Subscription Voice on Demand ), Free-On-Demand (FOD FOD - /fod/ [Abbreviation for "Finger of Death", originally a spell-name from fantasy gaming] To terminate with extreme prejudice and with no regard for other people. From MUDs where the wizard command "FOD " results in the immediate and total death of ), Long-Format Advertising (LFA LFA left frontoanterior (position of the fetus). LFA leukocyte functional antigen. ), Network-based Digital Video Recording (NDVR) and High-definition VOD (HDVOD). Concurrent's MediaHawk On-Demand Platform includes proven hardware, extensive software, integration expertise and world-class customer service. The platform includes best of class, non-proprietary, seamlessly integrated and tested OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and solutions from a number of well-known manufacturers. By leveraging industry standard enterprise technologies and maximizing innovations and cost efficiencies, Concurrent has developed an optimized, non-proprietary, end-to-end VOD system, offering significant reliability and cost advantages over competitive proprietary solutions. About Concurrent Concurrent Computer Corporation (www.ccur.com) is a worldwide leader in providing digital VOD systems to the broadband industry and real-time computer systems for industry and government. Concurrent's VOD systems are utilized within the broadband cable, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , and IP-based markets. Within the digital cable market, Concurrent is a recognized leader, currently serving nine of the largest network operators in 87 markets, surpassing 16.6 million basic subscribers and 5.5 million digital subscribers. Concurrent's proven technology provides a flexible, comprehensive, robust solution for HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. , DSL, and IP-based networks. The company's powerful and scalable VOD systems are based on open standards and are integrated with the leading broadband technologies. Concurrent is also a leading provider of high- performance, real-time computer systems, solutions, and software that focus on hardware-in-the-loop and man-in-the-loop simulation, data acquisition, and industrial control systems for commercial and government markets. Concurrent has nearly four decades of experience in real-time technology and provides its best of breed solutions through offices in North America, Europe, Asia, and 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," "anticipates," 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: our ability to keep our customers satisfied; 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 predatory pricing pressures; failure to effectively service the installed base; the entry of new well-capitalized competitors into our markets; the success of new products in both the VOD and ISD See IDD. divisions; the success of our new initiative to penetrate opportunities with the U.S. government; the availability of Linux software in light of issues raised by SCO group; capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. patterns by a limited customer base; and contract obligations that could impact revenue recognition. Other important risk factors are discussed in our Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission on Sept. 7, 2004 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. Note to Editors: For additional company or product information from Concurrent, please contact Concurrent, 4375 River Green Parkway, Suite 100, 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 www.ccur.com. Concurrent Computer Corporation, its logo and MediaHawk are registered and unregistered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners. |
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