Concurrent's Video-On-Demand System Selected for Streaming Media Hospitality Solution

Concurrent Continues its Video-On-Demand Expansion in Asia with Beijing Luxury Hotel

ATLANTA / June 13, 2001-- Concurrent Computer Corporation CCUR, the leading provider of digital video solutions on demand, announced today that its MediaHawk(TM) Video-On-Demand (VOD) streaming media Hospitality System has been installed and is fully operational at the brand-new Beijing Radisson Plaza State Guest Hotel. The Beijing Radisson selected Swan-Online, a Concurrent partner in providing marketing solutions, to provide interactive...

Using IP streaming technology, the MediaHawk VOD Hospitality System delivers digital video streams to Fujian Start's IP set-top boxes via a 100BaseT Ethernet local area network. Swan-Online and Concurrent are now well positioned to roll out hospitality VOD and other interactive services throughout China.

"We are working with Concurrent to provide a total interactive VOD solution for this well-known hotel. As a result, the entertainment and information system at the Radisson is among the most powerful and user-friendly systems available in the hospitality market today," said Ms. Yang JinNan, general manager of Swan-Online. She continued, "The Radisson Hotel in China is satisfied with our comprehensive solution and our service. With Concurrent's proven VOD technology and successful commercial deployment experience, we look forward to providing more end-to-end VOD solutions to our residential and hospitality customers."

"We are delighted to announce our first live hospitality solution in Beijing, especially in such a prestigious hotel chain as the Radisson. Concurrent has already installed its MediaHawk systems with some of China's leading cable and telephone companies, and now we have established a presence in China's hospitality market. We look forward to expanding our relationship with Swan-Online and Fujian Start," said Jack Bryant, president and CEO of Concurrent.

Concurrent's MediaHawk VOD system is a high-performance, scalable, digital video server that offers industry-leading performance and provides the most reliable response time achievable in the worldwide marketplace today. Concurrent's VOD technology enables subscribers to use a digital set-top box or personal computer to instantly call up digital movies or other videos and control them with VCR-like functionality, including fast forward, pause, and rewind.

About Swan-Online

Swan-Online(), whose whole name is Swan-Online Technology Development Co., Ltd., based in the Xicheng District of Beijing ,China, is a marketing solution provider. As a leading system integrator in the intelligent community of China, Swan-Online has historically concentrated on structured cable solutions and developed other intelligent system solutions, including weak current system integration, information network design and installation, and development and design of necessary accessories. Moreover, Swan-Online is a member of China Future Research Institute, and also the preparatory members of Information Technology and Project Committee of China Future Research Institute. Swan-Online also plays a key role in national and international academic exchange, science popularization, and project cooperation. At present, Swan-Online is marketing the roll out of its hospitality system.

About Concurrent

Concurrent Computer Corporation (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 industries. Operating worldwide, Concurrent provides sales and support from offices throughout North America, Europe, Asia, and Australia.

Concurrent brings over 35 years of real-time experience to the broadband industry, and in a very short time has become a leader in broadband VOD. Concurrent is positioned to meet the pent-up demand for interactive television services - movies-on-demand and e-commerce over the television. Current VOD and e-commerce trials and launches include: AOL Time Warner Cable Oceanic Cable; AOL Time Warner Cable - Tampa Bay; Beijing Fengtai Cable - China; Cogeco Cable- Quebec and Ontario, Canada; Comcast - eight systems with locations to be announced; Cox - Hampton Roads; Cox - Phoenix; Cox - San Diego; - Singapore; and Shanghai Telecom - China.

Certain statements made in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. 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 that could affect our performance or results include, without limitation:

  • changes in product demand;
  • economic conditions;
  • various inventory risks due to changes in market conditions;
  • Incertainties 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 VOD segment;
  • the concentration of our customers;
  • failure to effectively manage growth;
  • delays in testing and introductions of new products;
  • rapid technology changes;
  • the highly competitive environment in which we operate; and
  • the entry of new, well-capitalized competitors into our markets and other risks and uncertainties.

Other important risk factors are discussed in our report on form 10-Q for the quarter ended September 30, 2000 and may be discussed in subsequent filings with Securities and Exchange Commission.

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, 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 is a registered trademark and MediaHawk is a trademark of Concurrent Computer Corporation. All other products are trademarks or registered trademarks of their respective owners.

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