-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GBduo9WBpu6zQAPPTWWODOqN86lcOn1N6hQ8MND0/jnxvcRzBBGmMLTCIDGzs/z8 o+vtEXEX0rr3yml1eQmDTg== 0001140361-08-025282.txt : 20081113 0001140361-08-025282.hdr.sgml : 20081113 20081113162852 ACCESSION NUMBER: 0001140361-08-025282 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081112 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081113 DATE AS OF CHANGE: 20081113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONCURRENT COMPUTER CORP/DE CENTRAL INDEX KEY: 0000749038 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 042735766 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13150 FILM NUMBER: 081185331 BUSINESS ADDRESS: STREET 1: 4375 RIVER GREEN PARKWAY STREET 2: SUITE 100 CITY: DULUTH STATE: GA ZIP: 30097 BUSINESS PHONE: 6782584000 MAIL ADDRESS: STREET 1: 4375 RIVER GREEN PARKWAY STREET 2: SUITE 100 CITY: DULUTH STATE: GA ZIP: 30097 FORMER COMPANY: FORMER CONFORMED NAME: MASSACHUSETTS COMPUTER CORP DATE OF NAME CHANGE: 19881018 8-K 1 form8k.htm CONCURRENT COMPUTER CORP 8-K 11-12-2008 form8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________

FORM 8-K
 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 

Date of Report (Date of earliest event reported):
November 12, 2008
 

Concurrent Computer Corporation
 
(Exact Name of Registrant as Specified in its Charter)
 

Delaware
0-13150
04-2735766
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification Number)

4375 River Green Parkway, Suite 100, Duluth, Georgia
30096
(Address of Principal Executive Offices)
(Zip Code)

Registrant’s telephone number, including area code:  (678) 258-4000

Not applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



 
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Contemporary Arrangements of Certain Officers.

On November 12, 2008, the board of directors (the “Board”) of Concurrent Computer Corporation elected Krish Panu to serve on the Board.

A copy of the press release announcing the election of Mr. Panu is attached as Exhibit 99.1 hereto.

Item 9.01.
Financial Statements and Exhibits
(d) Exhibits.

Number
 
Description of Document
     
99.1
 
Press Release dated November 13, 2008, announcing the appointment of a director.
 

 
Signatures
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

   
CONCURRENT COMPUTER CORPORATION
Date:  November 13, 2008
     
   
By:  
/s/ Emory O. Berry
 
     
Emory O. Berry
     
Chief Financial Officer and Executive Vice President of Operations
 

 
EXHIBIT INDEX

Number
 
Description of Document
     
 
Press Release dated November 13, 2008, announcing the appointment of a director.
 
 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm

 
Exhibit 99.1

FOR IMMEDIATE RELEASE

Concurrent Elects Krish Panu to Board of Directors

ATLANTA, GA – 13 November 2008 - Concurrent (Nasdaq: CCUR), a worldwide leader in real-time Linux-based computing technologies, today announced that Krish Panu has been elected to the board of directors, to be seated as an immediate addition as the board expands from five directors to six. He is currently managing partner with The Galleon Group, one of Concurrent’s largest shareholders.

“Mr. Panu’s extensive experience in building successful technology companies combined with his knowledge of the investment community is a tremendous asset,” stated Dan Mondor, Concurrent president and CEO.

Mr. Panu’s professional career includes twenty-four years in technology, where he has built successful businesses which have experienced explosive revenue growth and global expansion while creating multi-billion dollar markets.  Prior to joining The Galleon Group, Mr. Panu was chairman, CEO and president of @Road, Inc., a worldwide leader in mobile resource management solutions.  Under his leadership, @Road became one of the first profitable “software as a service” companies (SaaS), developing a broad customer base and acquiring and integrating several companies.  In February 2007, Mr. Panu successfully negotiated and completed a merger between @Road and Trimble Navigation Ltd. for almost half a billion dollars.

Prior to @Road, Mr. Panu served as vice president and general manager of the Logic Products division of semiconductor manufacturer Atmel Corporation, where he directed the engineering, manufacturing, software development and marketing groups.  His management of many of Atmel’s strategic and operational initiatives strongly contributed to the $1 billion revenue growth the company saw during his seven-year tenure.  Previous to Atmel, Mr. Panu held executive sales and marketing roles at Catalyst Semiconductor, Datapoint Corporation and Xicor.

Mr. Panu served on the board of directors of PeopleSupport, Inc (NASDAQ: PSPT) until its acquisition by Aegis in October, and currently serves on the board of Liquid Computing, Inc. (privately held). In addition, he serves as president of Panu Foundation, a nonprofit corporation which provides grants to educational institutions and supports healthcare research and other charitable activities around the world.

“Mr. Panu has developed a broad network of relationships in venture capital, investment banking and entrepreneur communities,” said Steve Nussrallah, Concurrent’s chairman of the board. “His extensive experience as a ‘Silicon Valley’ business leader and the success he has achieved in the investment community make him an excellent addition to the board of directors.”

Mr. Panu holds a B.S. in electrical engineering, an M.S. in computer engineering and an M.B.A. from Wayne State University in Michigan.
 
 
 

 
 
About Concurrent
Concurrent (Nasdaq: CCUR) is a leading provider of real-time Linux-based computing technologies for commercial and government markets.  Industries served include cable and telecommunications providers, defense and aerospace contractors, automotive manufacturers and financial institutions.  For over 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 products are utilized by major service providers in the cable and IPTV industries to deliver, monitor and measure video-on-demand (VOD) and other interactive television applications, and support over 32 million digital subscribers worldwide. Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 26 countries.  Concurrent's products and services are recognized for being uniquely flexible, comprehensive, robust and reliable.  For more information, please visit www.ccur.com

For more information, contact:

Concurrent Media Relations
Rebecca Biggs
Cohn and Wolfe
404.242.8763
rebecca.biggs@cohnwolfe.com

Concurrent Investor Relations
Kirk Somers
678.258.4000
investor.relations@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 customer schedules and demands and deployment and integration goals.

Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on 27 August 2008, 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, its logo and Everstream and its logo are registered trademarks of Concurrent Computer Corporation. All other Concurrent product names are trademarks of Concurrent while all other product names are trademarks or registered trademarks of their respective owners.  Linux® is used pursuant to a sublicense from the Linux Mark Institute.
 
 

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