STUTTGART, GERMANY – June 16, 2015 – Concurrent (NASDAQ: CCUR), a global provider of high-performance Linux® and storage solutions, today announced that a major multinational automaker has selected its technology to power hardware-in-the-loop (HIL) engine control unit testing.  The automaker will be using Concurrent’s SIMulation Workbench™ modeling solution and recently introduced FPGA-based Engine Sensor Simulation card to test new engine control units (ECU).

“We are seeing a growing number of automotive companies who are interested in more flexible, Linux powered, software-based modeling solutions to drive their latest simulators,” said Derek Elder, CEO of Concurrent.  “With 19 automakers already using our technology for man-in-the-loop simulation, we see a great opportunity to expand our relationship with them by delivering a more powerful and cost-effective solution for hardware-in-the-loop applications”.

Concurrent recently launched a host of new products targeted at the automotive market.  Its new FPGA-based Engine Sensor Simulation card provides an enhanced ECU interface that is ideal for testing new automotive technologies such as next generation engine designs.  When paired with Concurrent’s advanced SIMulation Workbench software and RedHawk™ real-time operating system, the new FPGA card enables automotive companies to run complex simulations more quickly using leading modeling packages such as MathWorks’ MATLAB/Simulink® products and other popular tools such as VI-grade, SIMPACK, AMESim®, Virtual.Lab Motion, Dymola®, MapleSim™, GT-Suite.

“Automotive engineers need to ensure each vehicle’s ECU will correctly process the large number of signals used in modern automobile design,” said Ken Jackson, Concurrent Senior Vice President, Real-Time and Linux. “By employing a powerful HIL ECU simulation environment with comprehensive, reproducible and more reliable virtual testing, manufacturers can bring innovative products to market faster, with higher quality, and at a lower cost.”

Concurrent will be demonstrating its latest simulation and testing solutions for the automotive market at the Automotive Testing Expo in Stuttgart, Germany on June 16-18, 2015, Stand #1371.

About Concurrent

Concurrent (NASDAQ: CCUR) is a global software and solutions provider of content delivery and real-time applications on a core foundation of high-performance Linux and storage technologies. The company serves industries and customers that demand uncompromising performance, reliability, and flexibility to gain a competitive edge, drive meaningful growth, and power brighter ideas that enrich the lives of millions of people around the world every day.  Concurrent works closely with service providers, aerospace and defense organizations, automotive manufacturers, and a diverse range of companies in the manufacturing, financial, energy, and healthcare markets to launch innovative solutions and help achieve their most ambitious endeavors. Offices are located in North America, Europe and Asia. Visit www.ccur.com for further information or follow us on Twitter.

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 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 (“SEC”) on August 27, 2014, and may be discussed in subsequent periodic reports filed with the SEC. The risk factors discussed in such Form 10-K and subsequently filed periodic reports 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. 

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