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GlobeNewswire
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Concurrent Computer Corporation: Concurrent Stockholders Approve Proposal to Sell Content Delivery & Storage Business to Vecima Networks

ATLANTA, December 13, 2017 - The stockholders of Concurrent (NASDAQ:CCUR), a
global leader in storage, protection, transformation, and delivery of visual
media assets, have approved all proposals presented at a special meeting of its
stockholders held on December 13, 2017.  The proposals related to the sale of
Concurrent's content delivery and storage business to Vecima Networks Inc.
(TSX:VCM). 

Derek Elder, President and CEO of Concurrent, commented, "The Board of
Directors and our management team appreciate the overwhelming support of our
proposals from Concurrent's stockholders.  We expect to close the announced
transaction with Vecima Networks by the end of the calendar year.  The
investment committee established by the Board of Directors will continue to
evaluate options to maximize the value of the Company's remaining assets after
the close of the sale to Vecima." 

The specific voting results for each of the proposals considered at the special
stockholder's meeting are provided in Form 8-K filed by Concurrent on December
13, 2017. 

About Concurrent

Concurrent (NASDAQ:CCUR) is a global company that develops software solutions
focused on storing, protecting, transforming, and delivering visual media
assets. 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. 

Forward Looking Statements

Certain statements in this communication and the documents referenced herein
constitute forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
often identified by words such as "anticipate," "believe," "intend,"
"estimate," "expect," "see," "continue," "could," "can," "may," "will,"
"likely," "depend," "should," "would," "plan," "predict," "target," and similar
expressions, and may include references to assumptions and relate to
Concurrent's future prospects, developments and business strategies. Except for
the historical information contained herein, the matters discussed in this
communication are forward-looking statements that involve risks and
uncertainties that may cause Concurrent's actual results to be materially
different from such forward-looking statements and could materially adversely
affect its business, financial condition, operating results and cash flows.
These risks and uncertainties include the occurrence of any event, change or
other circumstances that could give rise to the termination of the Asset
Purchase Agreement; or required third party consents or the failure to satisfy
any of the other closing conditions to the Asset Purchase Agreement; potential
disruption of management's attention from Concurrent's ongoing business
operations due to the transaction; the effect of the announcement of the Asset
Purchase Agreement on the ability of Concurrent to retain and hire key
personnel and maintain relationships with its customers, suppliers and others
with whom it does business, or on its operating results and business generally;
general business conditions; changes in overall economic conditions that impact
consumer spending; the impact of competition; and other factors which are often
beyond the control of Concurrent, as well other risks listed in the definitive
proxy statement filed on November 6, 2017 or Concurrent's Form 10-K filed
September 20, 2017 with the Securities and Exchange Commission and risks and
uncertainties not presently known to Concurrent or that Concurrent currently
deems immaterial. Concurrent wishes to caution you that you should not place
undue reliance on such forward-looking statements, which speak only as of the
date on which they were made. Concurrent does not undertake any obligation to
update forward-looking statements, except as required by law. 

Media Relations:
Sandra Dover
(678) 258-4112
Sandra.dover@concurrent.com

Investor Relations:

Doug Sherk
(415) 652-9100
dsherk@evcgroup.com

Todd Kehrli
(310) 625-4462
tkehrli@evcgroup.com
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© 2017 GlobeNewswire
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