Concurrent Computer Corporation (NASDAQ: CCUR), a worldwide leader of on-demand technology that is shaping the future of television, and Advanced Digital Broadcast (ADB), a leading supplier of cost-effective, high quality digital set-top boxes and interactive software, today announced that they have partnered for the industry's first demonstration of an OCAP (OpenCable™ Applications Platform)-compliant Video-On-Demand system. OCAP, designed for U.S. advanced set-top boxes, is a middleware standard that enables on-demand applications created anywhere in the world to run uniformly on any compliant set-top box. The ADB and Concurrent collaboration features Concurrent's mainstream MediaHawk™ On-Demand Platform paired with ADB's OCAP digital set-top box to exhibit an open interface solution for cable operators. The system demonstration will be held at the CableNet '03 exhibit space at the Western Show, Dec. 2-5 at the Anaheim Convention Center in Anaheim, Calif., Booth #368, location D1.
Creating an OCAP set-top box running in conjunction with an industry-leading VOD platform gives broadband operators the freedom to deploy different applications and middleware with a transparent user interface. In addition, this interoperability demonstrates the viability of running a continuum of on-demand applications on a number of different platforms without undergoing the expensive and time-consuming process of "porting" each application to each manufacturer's hardware and operating system.
The functions of the ADB set-top box support multiple application program interfaces (APIs), as well as applications required to run on-demand services enabled by Concurrent's MediaHawk Platform, such as Movies-On-Demand (MOD), subscription Video-On-Demand (SVOD), Free-On-Demand (FOD), Long-Format Advertising (LFA), network-based Digital Video Recording (NDVR) and high-definition VOD (HDVOD)."We are excited that important killer apps such as the Concurrent Video-On-Demand system are now available as an OCAP application, as this ADB set-top to Concurrent MediaHawk end-to-end system demonstrates," said Bill Luehrs, President, ADB Americas.
"By integrating Concurrent's industry-leading VOD platform with ADB's OCAP-compliant set-top box, we are making significant strides in standardizing and simplifying the delivery of on-demand services, therefore easing the burden on cable operators and giving digital cable customers a familiar on-demand experience, regardless of their provider," said Steve Necessary, president of Concurrent's Xstreme (VOD) Division.
Concurrent's MediaHawk On-Demand Platform is a proven foundation for the delivery of the latest on-demand services, including MOD, SVOD, FOD, LFA, NDVR and HDVOD. The Concurrent On-Demand Platform includes its proven hardware, extensive software, integration expertise and world-class customer service.
Concurrent Computer Corporation (www.ccur.com) is a worldwide leader in providing digital VOD systems to the broadband industry and real-time computer systems for industry and government. Concurrent's VOD systems are utilized within the broadband cable, DSL, and hospitality markets. Within the digital cable market, Concurrent is a recognized leader, currently serving nine major cable operators in 67 markets with over 4.5 million digital subscribers. Concurrent's proven technology provides a flexible, comprehensive, robust solution for HFC, DSL, and IP-based networks. The company's powerful and scalable VOD systems are based on open standards and are integrated with the leading broadband technologies. Concurrent is also a leading provider of high-performance, real-time computer systems,solutions, and software that focus on hardware-in-the-loop and man-in-the-loop simulation, data acquisition, and industrial control systems for commercial and government markets. Concurrent has over 37 years of experience in real-time technology and provides its best of breed solutions through offices in North America, Europe, Asia, and Australia.
Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. When used or incorporated by reference in this release, the words "believes," "expects," "estimates," "anticipates," 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 which could affect our financial condition or results of operations include, without limitation: availability of video-on-demand content; delays or cancellations of customer orders; changes in product demand; economic conditions; various inventory risks due to changes in market conditions; uncertainties 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 video-on-demand segment; the concentration of our customers; failure to effectively manage growth; delays in testing and introductions of new products; rapid technology changes; demand shifts from high-priced, proprietary real-time systems to low-priced, open server systems; system errors or failures; reliance on a limited number of suppliers; uncertainties associated with international business activities, including foreign regulations, trade controls, taxes, and currency fluctuations; the highly competitive environment in which we operate; failure to effectively service the installed base; the entry of new well-capitalized competitors into our markets; and the valuation of equity investments and collectibility of notes receivable.
Other important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on September 18, 2003 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.
Note to Editors: For additional company or product information from Concurrent Computer Corporation, please contact Concurrent Computer Corporation, 4375 River Green Parkway, Suite 100, 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, its logo and MediaHawk are registered and unregistered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners.