SOURCE: Everstream

July 17, 2007 08:00 ET

Everstream Appoints Judy Donovan VP of Sales; Joe Thomas Western Regional Sales Manager

CLEVELAND, OH--(Marketwire - July 17, 2007) - Everstream, a Concurrent (NASDAQ: CCUR) company and industry leader of software for data collection, audience measurement and dynamic advertising, today announced Judy Donovan as vice president of sales and Joe Thomas, western region manager, broadening the depth of its sales coverage. With close to 50 years of combined experience working in the cable and telecommunication industries, the new appointments will be responsible for delivering key metrics and analytic solutions to the broadband marketplace as well as expanding Everstream's overall presence and sales objectives.

"Judy and Joe are accomplished cable veterans with a customer-centric approach to providing technology solutions and applications," said Ronald Foster, president of Everstream. "Their deep understanding of broadband networks and service delivery, combined with their strong relationships in the industry, is consistent with our strategy for company growth and superior customer service."

Judy Donovan was most recently vice president of sales at OpVista. Prior to OpVista, Judy held key positions at Aurora Networks and at ADC Telecommunications, where she was vice president of North America cable sales. She has a track record of success in bringing cutting-edge technologies to market for VOD, hybrid fiber coaxial (HFC) telephony and optical transport. Career highlights include selling the cable industry's first VOD server system to the market during her 17 years at Digital Equipment Corporation. Judy is a member of Society of Cable Telecommunications Engineers (SCTE) as well as Women In Cable Telecommunications (WICT), and is an advisory board member of the Intermountain division of The Salvation Army.

"Measurement, reporting and analytics will guide the future of broadband," said Ms. Donovan. "Having been broadly deployed by the nation's top cable operators allows Everstream to help determine and refine the industry's strategy and direction. I look forward to contributing my strengths to the company."

Mr. Thomas will head all sales operations for Everstream's western regions. Prior to joining Everstream, Mr. Thomas was director of applications engineering for Tropic Networks. In that role, he was accountable for the entire sales cycle for the cable and telco markets and for educating customers on product technologies and applications. Mr. Thomas's background also includes such notable companies as Scientific Atlanta, 3Com, Lucent, and OpVista, as well as several successful start-ups. He has been an SCTE board member since 1985 and is current vice president of the SCTE Rocky Mountain chapter.

About Everstream

Everstream leads the cable and telecommunications industry with the world's largest deployment of interactive data collection and reporting technology across twelve of the largest telecommunications providers, including Comcast, Time Warner, Charter, Cox, Echostar and Japanese operator J:COM. Everstream's reporting platform provides unmatched visibility of performance and usage, enabling customers to analyze the digital services in over 220 markets. With over 22 million digital subscribers and an estimated U.S. market share in the video-on-demand data collection of 70%, Everstream is the clear market leader for data collection, warehousing, and business intelligence for interactive television. For more information, visit www.everstream.com.

About Concurrent

Concurrent (NASDAQ: CCUR) is a leading provider of high-performance, real-time Linux software and solutions for commercial and government markets. For 40 years Concurrent's best-of-breed products have enabled a range of time-critical solutions including: modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television. Concurrent's on-demand television applications are utilized by major service providers in the cable and IPTV industries to deliver video-on-demand (VOD) and, through subsidiary company Everstream, measure the effectiveness of interactive television. Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 26 countries. Concurrent's products and services are recognized for being uniquely flexible, comprehensive, robust and reliable. For more information, please visit www.ccur.com.

Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and development 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. These forward-looking statements include, among others, statements regarding our products, release schedules, customer integration, and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet release schedules and customer demands, accomplish development goals, integrate our products, and deploy integrated solutions.

Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on Sept. 1, 2006 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.

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