Concurrent Computer reports third fiscal quarter results.

OCEANPORT, N.J.--(BUSINESS WIRE)--May 3, 1995--Concurrent Computer Corporation today reported the results of its third fiscal quarter ended March 31, 1995.

The net loss for the quarter was $5.0 million, or $0.17 per share, which compares with net income of $579,000, or $0.02 per share, in last year's third fiscal quarter. The loss for the quarter included a provision for restructuring costs of $2.7 million and a $1.0 million additional reserve for a writedown of the value of the company's Tinton Falls, N.J., property, which is held for sale. Net sales for the quarter were $30.3 million compared with $44.1 million in last year's third quarter.

According to John T. Stihl, Concurrent's chairman, president and chief executive officer: "We indicated last January that the third quarter would be difficult. The operating loss reflects lower revenues and only the partial benefit of cost-reduction initiatives. We are encouraged that intensified sales and marketing programs have identified significant new prospective business that should lead to sustained revenue growth. Sales cycles in many of our markets tend to be protracted thus delaying certain orders and revenues. We are continuing to realign our cost structure based on anticipated revenues."

For the nine months ended March 31, 1995, Concurrent reported a net loss of $2.3 million, or $0.08 per share, after the provision for restructuring and property revaluation; this compares with a net loss of $42.1 million, or $1.53 per share, in the comparable prior year period, after extraordinary items, accounting changes and a provision for restructuring. Net sales for the nine months were $109.7 million, compared with net sales of $134.1 million in the prior period.

Concurrent Computer Corp., headquartered in Oceanport, is the leading worldwide supplier of networked and distributed, high-performance, real-time, fault-tolerant computing systems supported by technology-based customer services. The company provides real-time solutions in simulation, weather, wagering and gaming, measurement and control, C3I, financial services, insurance services and transaction processing, electronic transfer, paging systems, transportation control systems, multimedia, and network security systems. Concurrent produces the industry-leading, standards-based, POSIX-compliant MAXION(TM) multiprocessor system and MAX/OS(TM) real-time UNIX operating system. The company also provides support to its worldwide Series 3200 system and UNIX system customers. Concurrent Computer Corp. has achieved ISO 9000 quality certification for its design, development, manufacturing and support processes. The company operates in 24 countries. Its common stock trades on NASDAQ under the symbol CCUR.

MAXION and MAX/OS are trademarks of Concurrent Computer Corp.

UNIX is a registered trademark, licensed exclusively by X/Open Company Ltd.

-0-

                         Concurrent Computer Corp.
                   Consolidated statements of operations
            (Dollars in thousands, except per share amounts)

                            Three Months Ended    Nine Months Ended
                                March 31,              March 31,
                             1995        1994(a)    1995      1994(a)

Net sales:
 Computer systems           $13,597    $24,616    $57,872   $73,658
 Service and other           16,747     19,443     51,766    60,449
Total                        30,344     44,059    109,638   134,107

Cost of sales:
 Computer systems             8,523     14,946     30,420    40,195
 Service and other           10,437     11,582     31,771    37,746
Total                        18,960     26,528     62,191    77,941

Gross margin                 11,384     17,531     47,447    56,166

Operating expenses:
 Research and development     4,707      5,585     15,455    18,360
 Selling, general and
  administrative              8,665     10,318     28,949    37,597
 Provision for restructuring  2,700        --       2,700    12,000
 Sales and use tax credit       --         --      (1,000)   (1,440)

     Total                   16,072     15,903     46,104    66,517

Operating income (loss)      (4,688)     1,628      1,343   (10,351)

Interest expense               (737)      (686)    (2,109)   (2,827)
Interest income                 101        132        412       437
Other non-recurring charge   (1,000)       --      (1,000)      --
Other income (expense)-net      339       (195)       483      (287)

Income (loss) before
 provision for income taxes,
 extraordinary loss and
 cumulative effect of change
 in accounting principles    (5,985)       879       (871)  (13,028)
Provision for income taxes   (1,000)       300      1,400       900

Income (loss) before extraordinary
 loss and cumulative effect
 of change in accounting
 principles                  (4,985)       579     (2,271)  (13,928)
Extraordinary loss on early
 extinguishment of debt          --         --        --    (23,193)
Cumulative effect of change in
 accounting principles for
 income taxes and post-
 retirement benefits             --         --        --     (5,000)

Net income (loss)           $(4,985)       579     (2,271)  (42,121)

Income (loss) per share:
  Income (loss) before
   extraordinary loss and
   cumulative effect of
   change in accounting
   principles               $ (0.17)   $  0.02    $ (0.08)  $ (0.51)
  Extraordinary loss on
   early extinguishment
   of debt                       --         --         --     (0.84)
  Cumulative effect of change
   in accounting principles
   for income taxes and post-
   retirement benefits           --         --         --     (0.18)
  Net income (loss)         $ (0.17)   $  0.02    $ (0.08)  $ (1.53)

(a) Reclassified to conform to current year presentation.

CONTACT: Concurrent Computer Corp.

Michael A. Stugrin, 908/870-5888