Concurrent and MVmax Unveil A New Way To Watch Television; Enhanced, Interactive On-Demand Television Will Be Demonstrated in the Concurrent Booth #1935 at SCTE.

Business Editors/High-Tech Writers

SCTE 2003

ATLANTA--(BUSINESS WIRE)--May 8, 2003

The concept of Everything-On-Demand takes on new meaning today as Concurrent Computer Corporation (NASDAQ: CCUR), a worldwide leader of on-demand technology that is shaping the future of television, and MVmax, a privately-held company with patented software called MetaScript, unveil a new way to watch television.

"We have been helping the cable industry reinvent the use of television for years through Video-On-Demand, Subscription VOD, Free-On-Demand and a rapidly evolving continuum of on-demand services. At SCTE 2003, visitors to our booth will see the next step into the future of television," said Steve Necessary, president of Concurrent's XSTREME (VOD) Division. "Concurrent and MVmax are combining the creativity of storytelling with the power of television to ignite a new social experience. Now having Everything-On-Demand includes creating your own programming too," he added.

MVmax's MetaScript goes beyond giving consumers control over when they watch programs on TV. Viewers actually participate in the story itself. For example, MVmax produced a police show during which about once a minute, viewers decide what the main character does next. An episode of this fully interactive series will be running on Concurrent's MediaHawk(R) VOD Platform in its booth at SCTE 2003.

"Viewers love becoming part of the show. What surprised us the most in audience testing is how much people enjoyed the social experience of watching it together and talking about what to do next. And, with 368,640 different ways to watch this half-hour episode, viewers can watch this show once a day, every day of their life, and never see it the same way twice," said MVmax CEO Kent Massey.

Concurrent uses its MediaHawk VOD Platform to store and manage delivery of the interactive experience integrating with MVmax's MetaScript to build a completely individual show, based on the viewers' choices. MetaScript runs on existing set-top boxes, and can be applied to most any type of program, including soap operas, children's shows, sitcoms, action and adventure programs, etc.

MVmax is currently in discussions with several providers of premium programming and hopes to launch a field trial later this year, using Concurrent's MediaHawk VOD platform.

About MVmax

MVmax was founded by several MIT graduates who wanted to combine the storytelling power of film & television with the compelling interactivity of video games. They made many fundamental breakthroughs in this field and have applied for numerous patents. Their work applies to both video games (allowing for richly interactive storylines and characters within the game), as well as to film, television and advertising. Further information about MVmax, including an on-line version of their cop show, can be found at www.mvmax.com.

About Concurrent

Concurrent Computer Corporation (www.ccur.com) is a worldwide leader in high-performance computer systems, software and servers. Concurrent's XSTREME Division is a worldwide market leader in providing digital VOD systems to the broadband industry. This market includes broadband VOD and rich streaming media 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 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 over 35 years of experience and is providing these best of breed solutions through its offices in North America, Europe, Asia, and Australia.

Concurrent is a leader in the VOD market, serving eight major cable operators in 58 markets with over 3.6 million digital subscribers. Concurrent's proven technology provides one of the most flexible, comprehensive solutions for HFC, 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.

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; 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 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 [phone], fax [phone]. Readers can also access information through the company's Web site at http://www.ccur.com.

Concurrent Computer Corporation and its logo are registered and unregistered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners.