Concurrent Computer Corporation announced that effective August 29, 2016, C. Shelton James tendered his resignation from the Board and all Board committees. Mr. James's resignation did not involve any disagreement with the Board, the Company or its management on any matter relating to Concurrent's operations, policies or practices. Effective as of August 29, 2016, the Board appointed Wayne Barr to serve on the Board until the 2016 Meeting. In addition, the Board will nominate the Nominee for election as a director of the Company together with Steve Nussrallah, Derek Elder, Charles Blackmon, Larry Enterline, Dilip Singh and Robert Pons, and recommend in favor of their election by stockholders at the 2016 Meeting. Mr. Barr has extensive experience in the telecommunications, technology, and real estate sectors, currently working as the managing director of full-service real estate firm, Alliance Group of NC, LLC, as well as the principal at Oakleaf Consulting Group, which he founded in 2001.
CCUR Holdings, Inc. operates in the financial services industry. The Companyâs subsidiary, Recur Holdings LLC, conducts, holds and manages real estate operations. The Company serves as a co-sponsor to Crixus BH3 Acquisition Company. The Company is further evaluating for acquisition purposes additional operating business and assets to maximize the value of its assets.
CCUR HOLDINGS, INC. 
