Jack Bryant Named President of XSTREME Division of Concurrent Computer Corporation.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com ATLANTA--(BUSINESS WIRE)--June 22, 2000 Concurrent Computer Corporation Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . (Nasdaq:CCUR CCUR Center for Crops Utilization Research ) is pleased to announce that Jack Bryant will be joining the Company as President of the XSTREME Division of Concurrent Computer Corporation. Mr. Bryant will be reporting to the 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. of Concurrent, Steve Nussrallah. Since Mr. Nussrallah was promoted to President and CEO on January 1, he has been acting as President of the XSTREME Division prior to Mr. Bryant's appointment. In his new position at Concurrent, Mr. Bryant will be leading the company's efforts to maintain its leadership position as the recognized worldwide leader of reliable, high capacity video-on-demand (VOD See video-on-demand. VoD - video on demand ) systems and services. Mr. Bryant brings over 18 years of cable television related experience to Concurrent Computer Corporation. Most recently, Mr. Bryant was the President of the Network Technologies Group at Antec Corporation, a leading communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry company that specializes in hybrid-fiber-coax (HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. )-based networks. As President of the Network Technologies Group, Mr. Bryant was responsible for leading the product management, engineering, technical support, and sales efforts for the company's broadband transmission, network powering, and Keptel outside plant products. In this position, Mr. Bryant successfully managed the re-design of the entire broadband transmission product offering, growing that business unit 100% over the last two years. Prior to this position, Mr. Bryant was President of Antec's Digital Systems Division, which focused on providing the sales, marketing, and technical support required for the successful deployment of HFC-based competitive telephony by cable television operators. Mr. Bryant started with Antec in1991 and held several senior management positions during his nine-year tenure at the company. Before joining Antec, Mr. Bryant held various product marketing and sales positions at other leading cable technology companies, including General Instrument and Scientific-Atlanta. Steve Nussrallah, President and Chief Executive Officer of Concurrent Computer Corporation, said, "The rapid rate at which the video-on-demand market is growing dictated our decision to bring Jack in to lead the XSTREME Division. Jack brings with him tremendous industry experience and a proven track record of success. At Antec, he took a small division and grew it into a multimillion dollar business and his primary customers were the top seven cable operators." He concluded, "With Jack focusing 100% of his efforts on the growth and management of the XSTREME Division, I am confident we will expand and strengthen Concurrent's position as the leader in the video-on-demand marketplace." "I am looking forward to contributing to, and complementing the strong management team Steve has already assembled at Concurrent Computer," said Jack Bryant. "The cable operators are being extremely aggressive in the scale deployment of digital set-top terminals in their major markets and VOD is well understood by the cable industry to be a powerful service for providing a sustainable competitive advantage over other competitive video providers. Concurrent has established an early commanding lead in providing reliable, cost-effective streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. available at any time with convenient consumer features like pause, reverse video, slow motion, and fast-forward. I'm extremely excited about Concurrent's unique ability to supply, service, and support the cable operator's plans to deploy reliable and robust VOD services." About the Company Concurrent Computer Corporation (http://www.ccur.com) is a leading provider of high-performance computer systems, software, and servers. Concurrent Computer Corporation's XSTREME Division is a leading supplier in the emerging digital video server marketplace. This market includes the broadband/cable, corporate training, education, hospitality, and in-flight entertainment In-flight entertainment (IFE) refers to the entertainment available to aircraft passengers during a flight. After World War II commercial aviation flights became a daily event in which entertainment was requested by passengers to help the time pass. industries. Operating in 32 countries worldwide, 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. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe, Asia, and Australia. Concurrent brings over 30 years' real-time experience to the broadband industry, but only entered the VOD marketplace in 1998. As the newcomer to the industry, Concurrent's VOD performance speaks for itself. Debt-free, with revenues of 3.7 million last quarter for VOD sales, Concurrent is uniquely positioned to meet the pent-up demand for interactive television services - movies-on-demand and e-commerce over the television. Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
Note to Editors: For additional company or product information from Concurrent Computer Corporation, please contact Concurrent Computer Corporation, 4375 River Green Parkway, 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 is a registered trademark of Concurrent Computer Corporation. All other products are trademarks or registered trademarks of their respective owners. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.062200/bb5 |
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