Effective July 28, 2017 and upon recommendation of the Nominating Committee, the Board of Concurrent Computer Corporation appointed Steven G. Singer to serve on the Board until the 2017 annual meeting of stockholders of the company. In addition, the Board intends to nominate Mr. Singer for election as a director of the company and recommend in favor of his election by stockholders at the 2017 Meeting. Mr. Singer has extensive experience in the secure transactions, payment solutions, telecom, technology and diversified manufacturing sectors. Most recently, from 2000 to 2016, he served as the Chairman and CEO of American Banknote Corporation. In addition, Mr. Singer served as Chairman of the Board of both Motient Corporation and Globix Corporation.