0001140361-12-051022.txt : 20121213 0001140361-12-051022.hdr.sgml : 20121213 20121213161055 ACCESSION NUMBER: 0001140361-12-051022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20121211 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121213 DATE AS OF CHANGE: 20121213 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: 121262208 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 CORPORATION 8-K 12-11-2012 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):
December 11, 2012
 
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 8.01.
Other Events.
 
On December 11, 2012, the Board of Directors of Concurrent Computer Corporation (“Concurrent”) declared a special dividend of 50 cents per share of common stock (the “Special Dividend”). The Special Dividend is payable on December 31, 2012 to stockholders of record at the close of business on December 21, 2012. A copy of the related press release is attached as Exhibit 99.1 to this Current Report on Form 8-K, which is incorporated herein by reference.
 
Also, on December 11, 2012, Concurrent entered into a consent (the “Consent”) to the Second Amended and Restated Loan and Security Agreement, and any modifications thereto (the “Credit Agreement”), with Silicon Valley Bank (the “Bank”). The Consent permits Concurrent to pay the Special Dividend. The Consent assumes that Concurrent is in compliance with all other terms and conditions of the Credit Agreement which remain unchanged. Concurrent was in compliance with the Credit Agreement at the time of the Consent and expects to remain in compliance with the Credit Agreement at the time the Special Dividend is paid to stockholders.

Item 9.01.
Financial Statements and Exhibits.

 
(d)
Exhibits

The following exhibit is filed herewith:

Exhibit No.
Description

99.1
Press release of Concurrent Computer Corporation, issued on December 12, 2012.
 
 
2

 
 
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.
 
Dated: December 13, 2012
 
  CONCURRENT COMPUTER CORPORATION  
       
 
By:
/s/ Emory O. Berry
 
   
Emory O. Berry
 
   
Chief Financial Officer and Executive
 
    Vice President of Operations  
 
 
3

 
 
EXHIBIT INDEX

Exhibit Number and Description

Press release of Concurrent Computer Corporation, issued on December 12, 2012.
 
 
4

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

EXHIBIT 99.1
 
logo
Concurrent Declares Special Dividend

ATLANTA —December 12, 2012 Concurrent (NASDAQ: CCUR), a global leader in video and media data solutions, today announced that its Board of Directors has declared a special cash dividend of $0.50 per share of common stock.  The special dividend is payable on December 31, 2012 to stockholders of record at the close of business on December 21, 2012.  The total amount of the special dividend payment will be approximately $4.6 million based on the current shares of common stock outstanding.

“The Board of Directors believes that paying a special dividend at this time will provide additional value to our stockholders,” said Dan Mondor, the company’s president and CEO.
 
About Concurrent
Concurrent (NASDAQ: CCUR) is a global leader in multi-screen video delivery, media data management and real-time computing solutions. Built on a solid foundation of Emmy Award-winning technology, service providers, content providers, and others across the video ecosystem are provided with enterprise-level CDN technology, multi-screen video delivery, content workflow applications, and video on demand. Additionally, Concurrent’s media data solutions provide media stakeholders with a holistic view of their consumers’ video experience, offering opportunities for monetization. Concurrent’s video solutions are built upon a rich heritage of Real-Time technology, which has powered solutions for the aerospace, defense, automotive, transportation, energy and financial industries for more than four decades. Concurrent is headquartered in Atlanta with offices in North America, Europe and Asia.  Visit www.ccur.com for further information. 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. Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on August 28, 2012 and Form 10-Q filed with the Securities and Exchange Commission on October 30, 2012, and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K and 10-Q 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 trademarks of Concurrent. All other Concurrent product names are trademarks of Concurrent while all other product names are trademarks or registered trademarks of their respective owners.
 
 
5

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