6/30/2005 - Concurrent Computer Corporation (NASDAQ: CCUR), a leading provider of integrated computer solutions for mission-critical applications, announced that its iHawkTM high-performance multiprocessor systems powered by the RedHawkTM Linux® operating system will be the platform of choice for all real-time application software developed by Australia-based PowerSource Software Pty Ltd. This announcement comes in conjunction with PowerSource joining the Concurrent Channel Partner Program. By becoming a Concurrent Channel Partner, PowerSource will be able to offer its customers a fully integrated solution for high-speed transaction processing, including applications that serve wagering and gaming (systems for on and off-track betting and lotteries); community gaming (trade promotion lotteries and competitions entered via mobile cellular devices); Internet Protocol TV (IPTV), and video-on-demand (VOD) markets.
The Channel Partner agreement leverages the strengths of both company’s products. For almost 30 years, PowerSource has been using Concurrent systems as an integral part in the development of its innovative software solutions. All of PowerSource’s products are written in Java, and are now integrated with Concurrent’s proven COTS (commercial-off-the-shelf) platform, for premier fault-tolerant, open architecture systems that serve a diversity of real-time transaction processing needs. Concurrent’s iHawk powered by RedHawk supports PowerSource’s three principle products: Reactix Wagering Platform for conventional betting; Reactix Campaign Engine for community gaming and Cinémathèque for residential and hospitality IPTV and VOD.
The two companies have a combined 72 years of experience and recognized leadership in their industries. The Concurrent Channel Partner Program is structured to offer partners a path to grow their business together with Concurrent and enjoy increased revenue and benefit opportunities. The program provides a framework of sales, marketing, engineering and training benefits designed to integrate Concurrent products with Channel Partner hardware and software products enabling partners to respond to a broader set of specific market needs faster, while maintaining the highest levels of quality and service.
“We’re excited at the prospect of building on and continuing to expand this nearly 30-year relationship with Concurrent in Australia,” said PowerSource Managing Director Arnold Kopff. “PowerSource is recognized for its technical expertise, and when we joined with Concurrent to enter the IPTV and VOD markets, we expanded our business potential. We look forward to continuing that positive trend based on the two companies’ technology expertise in real-time computing and high-speed transaction processing.”
“Concurrent is pleased to team with PowerSource in this new level of partnership,” said Warren Neuburger, Concurrent Chief Operating Officer. “With PowerSource’s leading reputation in the wagering and gaming markets, as well as the IPTV and VOD markets, and Concurrent’s history of proven mission-critical solutions, we’re confident that the integrated enterprise solutions will increase customer satisfaction and provide a reliable, deterministic platform for the breadth of markets PowerSource serves.”
PowerSource is one of Australia's premier real-time software solution providers. Exacting real-time applications require software designed specifically to satisfy demanding performance goals, which very often cannot be met by the speed of hardware alone. PowerSource specializes in the implementation of critical real-time systems, designed from the outset to deliver both performance and reliability. In this realm, the team of real-time professionals at PowerSource have an unrivalled track record. More information about PowerSource can be accessed on the Internet at: www.powersource.com.au.
Since 1966, Concurrent (www.ccur.com), headquartered in Duluth, Georgia, has been a premier provider of solutions that fulfill real-time expectations for commercial and government markets. The company’s high performance computing solutions and software are utilized in strategic market areas that include hardware-in-the-loop and man-in-the-loop simulation, process control, and data acquisition. Concurrent is also a recognized leader in the digital cable market, with Video-On-Demand systems deployed worldwide by major broadband operators. Its proven technology is based on open standards and provides a flexible, comprehensive and robust solution for HFC, DSL, and IP-based networks. Concurrent has nearly four decades of experience in high-performance, on-demand, mission-critical solutions and provides its best of breed solutions through offices in North America, Europe, Asia, and Australia.
Concurrent Computer Corporation, its logo iHawk, ImaGen, NightStar and RedHawk are registered and unregistered trademarks of Concurrent Computer Corporation.
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