7/30/2002 - Concurrent Computer Corporation (Nasdaq:CCUR), Real-Time Division, today announced that European Aeronautic Defence and Space Company (EADS) has chosen the Power Hawk® 740 to function as the heart of the Eurofighter (EF2000) Interim Training Device (ITD) Training Simulator. Concurrent's Power Hawk will host the EADS simulation application, which controls the flight model attack and ident system, and other simulation functions. EADS Germany will integrate Power Hawk systems to provide the simulator glass cockpit including Heads Up Display (HUD) Avionics, Instructor/Operator System (IOS), and visual systems.
The Eurofighter 2000 project, or Eurofighter Typhoon as it is now known, is a multinational effort by European nations including Germany, Italy, Spain, and the United Kingdom, to produce a leading edge fighter aircraft for the next century. It is designed to be the world's most capable and dynamic swing-role combat aircraft.
The Luftwaffe requires the Eurofighter ITD for initial crew training in advance of the full mission simulator Aircrew Synthetic Training Aid (ASTA) availability. It will be used primarily to train service-instructor pilots, but will also be used in support of future operational aircrew transition to the Eurofighter.
The Eurofighter ITD comprises a fully functional cockpit facsimile equipped with an MK16A ejection seat replica, HOTAS, rudder/brake pedals, and all heads-up and heads-down displays, control panels, and switches. These elements represent the complete Eurofighter models of flight, aero, mass, flight control systems, sensors, engines, etc. and include the avionics, radar, and weapons systems which all interact with each other in real-time. This allows training of future Eurofighter pilots in handling, flight characteristics, operational and emergency procedures, and multiple tactical scenarios.
"The Eurofighter ITD represents one of the most advanced and fully featured simulation systems available to date, and we are proud that EADS recognizes our 35 plus years of expertise and the proven performance of our Power Hawk systems in the real-time arena," said Paul Meyer, president of Concurrent's Real-Time Division. "We have long been recognized as a leader in simulation systems but it's always rewarding to be chosen for such an important project and have that role confirmed."
European Aeronautic Defence and Space Company (EADS) (http://www.eads.net) headquartered at Ottobrunn in the near of Munich, Germany is the second largest aerospace company in the world. EADS is active in the fields of civil and military aircraft, space, defence systems, and services. Through the merger of the German Daimler Chrysler Aerospace AG, the French Aerospatiale Matra and the Spanish CASA to form EADS, the largest European company in its sector was launched on 10 July 2000. The close cooperation between the founder companies, which had already existed for decades, was given a new quality. In 2001, EADS achieved revenues of EUR 30.8 billion ($28.2 billion US). Approximately 80 percent of these revenues come from the civil market and 20 percent from the military market. The company employs more than 100,000 people at over 70 production sites, above all in Germany, France, Great Britain, and Spain. Thirty-five Representative Offices throughout the world maintain contact with its customers.
Celebrating over 35 successful years in business, Concurrent Computer Corporation (http://www.ccur.com), headquartered in Atlanta, Georgia, is the premier provider of high-performance, real-time computer systems, solutions, and software for commercial and government markets. The company's Real-Time Division focuses on strategic market areas that include hardware-in-the-loop and man-in-the-loop simulation, data acquisition, industrial systems, and software. Concurrent Computer Corporation's XSTREME Division is a leading supplier in the emerging digital video server marketplace. This market includes the broadband/cable, corporate training, education, hospitality, and video to the home. Concurrent provides sales and support from offices throughout North America, Europe, Asia, and Australia.
Certain statements made in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. The words "believes," "expects," "estimates," and similar expressions are intended to identify forward-looking statements. Statements regarding future events and developments 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. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. The risks and uncertainties which could affect our performance or results include, without limitation: delays or cancellations of customer orders; changes in product demand; economic conditions; various inventory risks due to changes in market conditions; uncertainties relating to the development and ownership of intellectual property; uncertainties relating to our ability and the ability of other companies to enforce their intellectual property rights; the pricing and availability of equipment, materials, and inventories; the concentration of our customers; delays in testing and introductions of new products; rapid technology changes; the shift in demand from high-priced, proprietary real-time systems to low-priced, open server systems; system errors or failures; reliance upon a limited number of suppliers; uncertainties associated with international business activities, including, foreign regulations, trade controls, taxes, and currency fluctuations; relatively long sales cycles resulting from the complexity of our products; the highly competitive environment in which we operate; and the entry of new, well-capitalized competitors into our markets and other risks and uncertainties.
Other important risk factors are discussed in our Form 8-K filed with the Securities and Exchange Commission on October 22, 2001 and may be discussed in subsequent filings with the SEC. 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.
For additional company or product information from Concurrent Computer Corporation, please contact Concurrent Computer Corporation, 4375 River Green Parkway, Duluth, GA 30096. Call toll free in the U.S. and Canada at (877) 978-7363, fax (678) 258-4199. Readers can also access information through the company's Web site at http://www.ccur.com
Concurrent Computer Corporation, its logo, and Power Hawk are registered trademarks of Concurrent Computer Corporation. All other trademarks are the property of their respective owners.
Concurrent Computer Corporation, Atlanta
Bruce Crutcher, 954/973-5292
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