Top-5 U.S. Cable Operator Expands Concurrent’s Video Storage Solution

ATLANTA, April 11, 2017 -- Concurrent (NASDAQ:CCUR), a leader in high performance software-defined storage solutions, today announced that a top five U.S. cable operator customer has expanded deployment of its Aquari™ scale-out storage solution with a purchase of well over a petabyte of additional storage, split between two Aquari clusters, which are installed in sites in Arizona and Georgia. 

From these two locations, the cable operator will be better positioned to manage business-critical video assets across multiple markets throughout the United States. The operator is one of the largest broadband telecommunications providers in the United States to store video assets related to its digital television, telecommunications and home automation services.

Concurrent’s modern storage solution is software-defined, which features massive scalability and simultaneous support for multiple file or object-based workloads. Unlike traditional storage alternatives, Aquari can scale performance and capacity independently, which translates to improved flexibility and a reduced total cost of ownership.

“With the modern media ecosystem, increasingly reliant upon their digital resources and workflows, there is an ever-increasing need for storage and management of these assets that is simple to deploy, faster to integrate and effortless to scale,” said Clay McCreery, Senior Vice President, Worldwide Sales and Service at Concurrent.  “By expanding their storage with Aquari open-scale systems, we can help leading service providers ensure consistent, high-quality experiences to better control brand value.  They now have the performance and availability they want today with the capacity they need in the future.”

About Concurrent 

Concurrent (NASDAQ:CCUR) is a global software and solutions company that develops advanced applications on a core foundation of high performance Linux and storage technologies. We serve industries and customers that demand uncompromising performance, reliability and flexibility to gain a competitive edge, drive meaningful growth and confidently deliver best-in-class solutions that enrich the lives of millions of people around the world every day. Offices are located in North America, Europe and Asia. Visit www.concurrent.com for further information and follow us on Twitter: www.twitter.com/Concurrent_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 August 30, 2016 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.

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