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Concurrent Federal Systems, Inc. -CFSI- Kicks Off Inaugural Press Conference and Exhibit at FOSE '03.


Business Editors

ATLANTA--(BUSINESS WIRE)--April 30, 2003

CFSI CFSI Congressional Fire Services Institute
CFSI Center for Financial Services Innovation
CFSI Children's Film Society of India
CFSI Comité Français de La Semoulerie Industrielle (French: French Committee of the Semolina Industry; Paris, France) 
 Leverages Major Federal Technology Expo to

Present Integrated COTS-Based Computing Solutions

Concurrent Federal Systems, Inc. (CFSI), a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of 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 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 it conducted its first press conference at the Federal Office Systems Expo, FOSE FOSE Federal Office Systems Exposition  2003 tradeshow held at the new Washington New Washington is the name of several towns in the United States:
  • New Washington, Ohio
  • New Washington, Pennsylvania
New Washington is the name of a town in the Philippines:
  • New Washington, Aklan
 DC Convention Center this month.

FOSE is the largest information technology exposition serving the government marketplace and draws thousands of attendees from the military and civilian agencies as well as government suppliers.

FOSE proved to be a prime opportunity for CFSI to introduce its capabilities for providing high-performance computing High-speed computing, which typically refers to supercomputers used in scientific research.  solutions for mission-critical applications. The components of CFSI's turnkey solutions include a wide selection of COTS (Commercial Off-The-Shelf) Refers to ready-made merchandise that is available for sale. See MOTS.

(software) COTS - commercial off-the-shelf. See commercial software.
 (commercial-off-the-shelf) technologies integrated into Intel(R)-based systems making them cost effective and highly efficient solutions for government. The CFSI product and service portfolio includes computing solutions for transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
, complete horizontal/vertical information integration, high-speed real time processing, data mining, analysis and fusion, signal intelligence, command, control, communications and computer intelligence (C4I C4I Command, Control, Communications, Computers, & Intelligence (US DoD)
C4I Command Control Communications Computer and Intelligence
), simulation and rich streaming media/video-on-demand.

Launched in October 2002, CFSI was created to devote a focused effort on expanding Concurrent's business in the federal government market. CFSI is a small business providing high-performance computing solutions to federal government agencies, either directly or through prime contractors. Its mission is to design, develop, manufacture, integrate and support global computing solutions with people, processes and technology.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Ben McFall, vice president of CFSI's Washington operations, "FOSE provided a great venue for our local office in Tyson's Corner, Va. to reinforce CFSI's commitment to the federal government market, giving our customers the added confidence that Concurrent has an established presence in the Washington area. CFSI introduced ways in which it can provide value for government through improved service, greater efficiency and potential savings to meet their business requirements demanded by the latest generation of Linux(R)-based systems."

About Concurrent

Celebrating over 36 successful years in business, Concurrent Computer Corporation (www.ccur.com), headquartered in Atlanta, Georgia, is a premier provider of high-performance, real-time computer systems, solutions and software for commercial and government markets. The company's Real-Time Division focuses on strategic market areas that include hardware-in-the-loop and man-in-the-loop simulation, data acquisition, industrial systems, and software. Concurrent Computer Corporation's XSTREME Division is a leading supplier in the digital video server marketplace. This market includes the broadband/cable, corporate training, education, hospitality and video to the home. 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.

About CFSI

Concurrent Federal Systems, Inc., CFSI, a wholly owned subsidiary of Concurrent Computer Corporation, was recently formed to expand the federal government customer base in the Washington DC area. As a small business leveraging Concurrent's 36 years in the high-performance computing market, CFSI is well positioned to offer end-to-end computing solutions for federal government agencies, particularly Defense and Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security

executive department - a federal department in the executive branch of the government of the United States
. Nearly one quarter of Concurrent's business is with the government, procured either directly or through subcontracting relationships. This strong foundation gives CFSI a unique advantage to capture new business opportunities beyond those pursued by the average small business through design, development, manufacturing, integration and support via Concurrent's offices throughout the world.

Certain statements made or incorporated by reference in this release constitute "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" 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 relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 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 Real-time systems

Computer systems in which the computer is required to perform its tasks within the time restraints of some process or simultaneously with the system it is assisting.
 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; failure to effectively service the installed base; the entry of new well-capitalized competitors into our markets; and the valuation of equity investments and collectibility of notes receivable, including but not limited to our equity and debt investment in Thirdspace.

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 September 25, 2002 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 Computer Corporation, please contact Concurrent Computer Corporation, 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 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 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 30, 2003
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