Concurrent Achieves Sales Milestone for Zephyr Transcode

ATLANTA, Oct. 19, 2017 (GLOBE NEWSWIRE) — Concurrent (NASDAQ:CCUR), a global leader in storage, protection, transformation, and delivery of visual media assets, announced today that Zephyr Transcode, which Concurrent launched last year as an integral part of its content delivery network (CDN) solutions, is now deployed with customers in Asia, Europe and North America. The deployments already support thousands of on-demand assets being transcoded to multiple formats and bit-rates to support any place, any device content availability.

Zephyr Transcode supports multiple formats and quality levels including H.264 (MPEG-4) and H.265 (HEVC), strengthening Concurrent customers’ capability to provide high-quality standards-based streams to any device their end-users desire. Zephyr Transcode is software-based and capable of running in traditional Central Processing Units (CPU) as well as Graphics Processing Units (GPU).

“We are excited to take CDN-integrated transcoding to the next level,” said Clay McCreery, Chief Revenue Officer. “It is just the beginning of how we can seamlessly integrate transcoding into our industry leading Zephyr Origin and Aquari Storage platforms as well.”

The solution provides unsurpassed video quality by leveraging shared compute resources for processing of audio and video content. In addition, the solution enables service providers, broadcasters and content owners to support live and file workflows over common infrastructure, while supporting configurable quality levels and simplified licensing.

To learn more about Concurrent, visit: www.concurrent.com.

About Concurrent 
Concurrent (NASDAQ:CCUR) is a global company that develops software solutions focused on storing, protecting, transforming, and delivering visual media assets. We enable the world’s leading innovators in visual media to entertain, inform, and communicate, by providing the tools to help them unlock their creativity and share it with the world. We accomplish this by developing open software solutions that make the world’s visual media available online, when and where it is needed around the world. Concurrent has offices located in North America, Europe and Asia. Visit www.concurrent.com for further information and follow us on Twitter: www.twitter.com/Concurrent_CCUR and LinkedIn at www.linkedin.com/company/ccur.

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 developments and the company’s future performance, including, but not limited to, management’s 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.

Other important risk factors are discussed in Concurrent’s Form 10-K filed September 20, 2017 with the Securities and Exchange Commission (“SEC”), and in subsequent filings of periodic reports with the SEC. The risk factors discussed in the Form 10-K and subsequently filed periodic reports under the heading “Risk Factors” are specifically incorporated by reference in this press release. Forward-looking statements are based on current expectations and speak only as of the date of such statements. Concurrent undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.

Concurrent’s logo and Concurrent product names are trademarks or registered trademarks of Concurrent Computer Corporation, while all other product names are trademarks or registered trademarks of their respective owners.

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