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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: Webster Groves who wrote (9489)6/14/1999 8:17:00 AM
From: ENOTS  Read Replies (1) | Respond to of 21143
 
whole article!

Monday June 14, 8:00 am Eastern Time

Company Press Release

OLYMPUS Germany Selects
Concurrent's MediaHawk to Provide
Video-On-Demand for Endoscopic
Systems

Yet Another New Application Use for Concurrent's Video Server

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 14, 1999-- Concurrent Computer
Corporation (Nasdaq:CCUR - news) today announced that OLYMPUS Optical Company Europa
(German Branch) purchased two MediaHawk(TM) Video Servers for use in its flexible medical
endoscopy systems. Specifically, Concurrent's MediaHawk will be used to display, and save for
future review the video output of endoscopy systems. The videos will be made available on a local
area network (LAN) for study by specialists and students.

OLYMPUS Optical, based in Hamburg, Germany has been responsible for introducing a variety of
new developments in all areas of flexible medical endoscopy, including its industry-leading
EVIS-System for diagnosis and treatment of gastric diseases. OLYMPUS required a
high-performance server to record video taken during the endoscopy procedure. The recorded
video is displayed on a television monitor. The video is used either for diagnostic purposes or to
provide feedback during endoscopy treatments.

OLYMPUS selected Concurrent's MediaHawk because of its outstanding price/performance and
application support. MediaHawk Video Servers, which incorporate Concurrent's innovative system
architecture, provide scalable performance capable of delivering from tens to thousands of
simultaneous MPEG1 and/or MPEG2 digital video streams over Ethernet, ATM, and cable
networks. Each stream delivered by the MediaHawk is completely independent and interactive.
Users are able to select, play, pause, and stop each digital video stream independently with prompt
and predictable response times. Furthermore, these video streams are delivered with no degradation
to performance or video quality regardless of the number of digital video streams concurrently
supported. By implementing Concurrent's innovative technology, variable-bit-rate encoded data can
be supported to deliver improved and consistent video quality, and reduce content storage
requirements and costs by up to 20 percent.

''OLYMPUS Optical is at the forefront of endoscopic technology,'' commented Walter Sandig,
Managing Director Germany, OLYMPUS Optical. ''We are constantly seeking new methods to
improve our equipment, which has been instrumental in saving countless lives. Quality is critical to us,
and the MediaHawk offers the best quality video available over a network.''

''This sale is important to Concurrent on many levels,'' stated Steve Nussrallah, President
Video-On-Demand, Concurrent Computer Corporation. ''First, it represents the first sale of the
MediaHawk for a medical application, exhibiting that the MediaHawk technology is useful to a
broad range of industries.'' He added, ''Secondly, I am delighted that a world-renowned company
like Olympus recognized Concurrent's value-adds and selected the MediaHawk for this very
important application.''

Headquartered in Tokyo, Japan, Olympus is a global leader in optical and electronic technology.
The company produces a wide range of products for consumer, scientific, health care, and industrial
markets, including 35mm, Advanced Photo System, and digital cameras; microcassette and digital
voice recorders; computer peripherals; medical and industrial endoscopes; biological and
metallurgical microscopes and measuring instruments; clinical analyzers; and other high technology
products. Olympus is represented in the United States by Olympus America Inc., which is also
responsible for sales in Canada, Mexico, the Caribbean, and Central and South America.
OLYMPUS Optical Co. (Europa) GmbH is a subsidiary of Olympus.

Concurrent Computer Corporation, headquartered in Fort Lauderdale, Florida, is a leading supplier
in the emerging digital video server marketplace. This market includes the residential, corporate
training, education, hospitality, and in-flight entertainment industries. Operating in 32 countries
worldwide, Concurrent provides sales and support from offices throughout North America, South
America, Europe, Asia, and Australia.

Note to Editors: For additional company or product information from Concurrent Computer
Corporation, please contact Concurrent Computer Corporation, 2101 West Cypress Creek Road,
Fort Lauderdale, Florida 33309. Call toll free in the U.S. and Canada at (800) 666-4544, fax (954)
977-5580. Readers can also access information through the company's web site at
ccur.com.

MediaHawk is a trademark of Concurrent Computer Corporation. All other trademarks are the
property of their respective owners.

Contact:

Concurrent Computer Corporation, Fort Lauderdale
Andrea Smith (Media)
954/973-5342 or asmith@mail.ccur.com
or
Beth Alonzo (Analysts/Investors)
954/973-5100



To: Webster Groves who wrote (9489)6/14/1999 11:26:00 PM
From: DEER HUNTER  Read Replies (1) | Respond to of 21143
 
WB.... I see no one addressed your question today. I'm not sure of the rule..... does anyone know for sure?

One question....
...what are the restrictions on an insider buying or selling
the stock before a "material event"? Is it 2 weeks or 30 days
or ?