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Concurrent Declares Quarterly Dividend

Del

ATLANTA, 2017-03-01 15:01 CET (GLOBE NEWSWIRE) -- Concurrent (NASDAQ:CCUR), a global provider of high‑performance Linux® and storage solutions, today announced its Board of Directors has declared a quarterly cash dividend of $0.12 per share of common stock. The dividend is payable on March 28, 2017 to shareholders of record at the close of business on March 14, 2017.

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.

Concurrent Computer Corporation and its logo are registered trademarks of Concurrent. All Concurrent product names are trademarks or registered trademarks of Concurrent while all other product names are trademarks or registered trademarks of their respective owners.

         For more information, contact:
         
         Media Relations:
         Tom Williams
         (678) 258-4059
         tom.williams@ccur.com
         
         Investor Relations:
         EVC Group
         Doug Sherk
         Phone: (415) 652-9100
         Email: dsherk@evcgroup.com
         
         Todd Kehrli
         Phone: (310) 625-4462
         Email: tkehrli@evcgroup.com

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