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Lockheed Martin Selects Concurrent's RedHawk Linux Software for Next Generation Aegis Weapon SystemDULUTH, Ga. --(Business Wire)-- Feb. 14, 2006 -- Concurrent RedHawk(TM) Linux OS and NightStar(TM) Tools to Support Time-Critical Applications Concurrent (NASDAQ: CCUR), a leading provider of time-critical Linux operating systems for mission-critical applications, today announced that Lockheed Martin has selected Concurrent's RedHawk Linux operating system and NightStar development tools for the Navy's Cruiser Modernization COTS Refresh 2 program. The modernization program will leverage the Aegis Open Architecture (AOA) computer programs to refresh the Aegis Weapon Systems on seven Aegis-equipped cruisers. AOA transitions key functional areas of the Aegis Weapon System to a component-based architecture. With AOA, the modernization program will enhance performance, reduce the cost of the Aegis Weapon System and extend the service life. Concurrent has been selected as an annual supplier to the Aegis program and this selection is a multimillion dollar opportunity for Concurrent. Orlando Carvalho, vice president and general manager of Lockheed Martin's Moorestown facility, stated, "Aegis-equipped ships comprise 75 percent of the Navy's surface combatant force, and the Aegis Open Architecture program is delivering results that will lead to fast and affordable upgrades to Aegis-equipped ships over the next three decades, as these ships will continue to be the heart of the surface force." Aegis is a computer-based weapon system capable of real-time, simultaneous operations against multi-mission threats: anti-air, anti-surface and anti-submarine warfare. Led by Lockheed Martin, the AOA program aims to move Aegis from a custom, military specification system to an open architecture through integration of commercial computing technology, allowing the Navy to install software and other technology upgrades faster and cheaper throughout the life of the Aegis fleet. Concurrent's commercial-off-the-shelf based RedHawk Linux operating system fits perfectly within the AOA's open architecture parameters and delivers the field-proven, real-time functionality that is central to the weapon system's overall performance. "We are honored to be chosen for this new program by Lockheed Martin and we feel our technology is the best available for a combat system like Aegis," said Warren Neuburger, COO of Concurrent. "Being chosen again as a software supplier to Lockheed Martin is a major endorsement of the Red Hawk Linux real-time operating system and NightStar development tools. This is our tenth year as a supplier to the Aegis program, and this selection now solidly positions us into the next generation architectures for the next 10+ years." RedHawk Linux provides fast response to external events, optimized interprocess communication, and high I/O throughput needed for time-critical applications. RedHawk Linux, compatible with the popular Red Hat(R) distribution, has gained acceptance as a leading real-time Linux operating system for high-performance applications by customers throughout the world. RedHawk Linux guarantees that a user application can respond to an external event in less than 30 microseconds on a dedicated processor. About Lockheed Martin Headquartered in Bethesda, MD, Lockheed Martin employs about 135,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. About Concurrent Concurrent (NASDAQ: CCUR) is a leading provider of high-performance, real-time Linux software and solutions for commercial and government markets. For 40 years Concurrent's best-of-breed products have enabled a range of time-critical solutions including: modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television. Concurrent's on-demand television applications are utilized by major service providers in the cable and IPTV industries to deliver video-on-demand (VOD). Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 24 countries. Concurrent's products and services are recognized for being uniquely flexible, comprehensive, robust and reliable. For more information, please visit www.ccur.com. 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 development 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. These forward looking statements include, among others, statements regarding our products, release schedules, and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet release schedules, customer demands, accomplish development goals, integrate our products, and deploy integrated solutions. Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on Sept. 2, 2005 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. Concurrent Computer Corporation and its logo are registered and unregistered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners. |
