<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ____)*
Concord Communications, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $0.01 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
206186108
----------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement X. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE> 2
SCHEDULE 13G
CUSIP NO. 206186108 PAGE ____OF _____PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
APEX INVESTMENT FUND II, LP
36-3698753
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,569,335
---------------------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF -0-
SHARES ---------------------------------------------------------------
BENEFICIALLY 7 SOLE DISPOSITIVE POWER
OWNED BY 1,569,335
EACH ---------------------------------------------------------------
REPORTING 8 SHARED DISPOSITIVE POWER
PERSON WITH -0-
---------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,569,335
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
SCHEDULE 13G
<TABLE>
<S><C>
CUSIP NO. 206186108 PAGE _____OF _____PAGES
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
APEX MANAGEMENT PARTNERSHIP
36-4078929
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) [ ]
(B) [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING
PERSON WITH 5 SOLE VOTING POWER
-0-
-------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
1,569,335
-------------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,569,335
-------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,569,335
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.1%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
<TABLE>
<S><C>
SCHEDULE 13G
CUSIP NO. 206186108 PAGE OF PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GEORGE M. MIDDLEMAS
###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES ----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,569,335
EACH ----------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH -0-
----------------------------------------
8 SHARED DISPOSITIVE POWER
1,569,335
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,569,335
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
SEC 1745 (2-95)
<PAGE> 5
<TABLE>
<S> <C> <C>
CUSIP NO. 206186108 PAGE _____OF _____PAGES
- -------------------- -----------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PAUL J. RENZE
###-##-####
- -----------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- -----------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -----------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
------------------------------------------------------------------
6 SHARED VOTING POWER
1,569,335
------------------------------------------------------------------
NUMBER OF 7 SOLE DISPOSITIVE POWER
SHARES -0-
BENEFICIALLY ------------------------------------------------------------------
OWNED BY 8 SHARED DISPOSITIVE POWER
EACH 1,569,335
REPORTING ------------------------------------------------------------------
PERSON WITH
- -----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,569,335
- -----------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- -----------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.1%
- -----------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -----------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 6
SCHEDULE 13G
<TABLE>
<S> <C>
CUSIP NO. 206186108 PAGE _____OF _____PAGES
- --------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STELLAR INVESTMENT CO.
36-3572957
- --------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) [ ]
2 (B) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
--------------------------------------------------------
6 SHARED VOTING POWER
1,569,335
--------------------------------------------------------
NUMBER OF 7 SOLE DISPOSITIVE POWER
SHARES -0-
BENEFICIALLY --------------------------------------------------------
OWNED BY 8 SHARED DISPOSITIVE POWER
EACH 1,569,335
REPORTING
PERSON WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,569,335
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* o
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 7
CUSIP NO. 206186108 SCHEDULE 13G PAGE _____ OF _____ PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Productivity Fund II, LP
36-3775406
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
628,167
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 628,167
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
628,167
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.2%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 8
CUSIP NO. 206186108 SCHEDULE 13G PAGE _____ OF _____ PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Analysis Management Company II
36-3775404
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 628,167
EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
628,167
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
628,167
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.2%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 9
CUSIP NO. 206186108 SCHEDULE 13G PAGE _____ OF _____ PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Analysis Corporation
36-3140467
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,197,502
EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,197,502
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,197,502
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.3%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 10
SCHEDULE 13G
<TABLE>
<S> <C> <C>
CUSIP NO. 206186108 PAGE _____OF _____PAGES
- ------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BRET R. MAXWELL
###-##-####
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) [ ]
(B) [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- ------------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
628,167
------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE DISPOSITIVE POWER
SHARES
BENEFICIALLY -0-
OWNED BY ------------------------------------------------------------------------------------------------
EACH 8 SHARED DISPOSITIVE POWER
REPORTING
PERSON WITH 628,187
- ------------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
628,187
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.2%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 11
SCHEDULE 13G
CUSIP NO. 206186108 PAGE _____OF _____PAGES
Item 1(a). Name of Issuer:
Concord Communications, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
33 Boston Post Road West, Marlboro, MA 01752
Item 2(a). Name of Person Filing:
Apex Investment Fund II, LP ("Apex"), Apex Management Partnership
("AMP"), George M. Middlemas ("Middlemas"), Paul J. Renze
("Renze"), Stellar Investment Co. ("Stellar"), The Productivity
Fund II, LP ("Productivity"), First Analysis Management Company II
("FAMC"), First Analysis Corporation ("FAC") and Bret R. Maxwell
("Maxwell")(collectively, the "Reporting Persons"). AMP is the
General Partner of Apex; each of Middlemas, Renze, Stellar and FAC
is a General Partner of AMP. FAMC is the General Partner of
Productivity; each of FAC and Maxwell is a General Partner of FAMC.
Item 2(b). Address of Principal Business Office:
Each of the Reporting Persons maintains its principal business
offices at 233 South Wacker Drive, Suite 9500, Chicago, IL 60606.
Item 2(c). Citizenship:
Middlemas, Renze and Maxwell are U.S. citizens. FAC and Stellar
are Delaware corporations. Apex, AMP, Productivity and FAMC are
Delaware limited partnerships.
Item 2(d). Title of Class of Securities:
Common Stock, $.01 par value per share ("Common Stock")
Item 2(e). CUSIP Number
206186108
Item 3. Type of Person:
Not applicable. This statement is not filed pursuant to either
Rule 13-1(b) or Rule 13d-2(b).
SEC 1745 (2-95)
<PAGE> 12
SCHEDULE 13G
CUSIP NO. 206186108 PAGE _____OF _____PAGES
Item 4. Ownership:
(a) Amount Beneficially Owned:
Apex is the record owner of 1,569,335 shares (which number
includes no options exercisable within 60 days of 12/31/97).
By virtue of its status as the General Partner of Apex, AMP
may be deemed the beneficial owner of the 1,569,335 shares
owned of record by Apex.
By virtue of their status as General Partners of AMP,
Middlemas, Renze, Stellar and FAC may be deemed the
beneficial owners of the 1,569,335 shares owned of record by
Apex. Each of Middlemas, Renze, Stellar and FAC disclaim
beneficial ownership of shares owned of record by Apex.
Productivity is the record owner of 628,167 shares (which
number includes no options exercisable within 60 days of
12/31/97).
By virtue of its status as the General Partner of
Productivity, FAMC may be deemed the beneficial owner of the
628,187 shares owned of record by Productivity.
By virtue of their status as General Partners of FAMC, FAC
and Maxwell may be deemed the beneficial owners of the
628,187 shares owned of record by Productivity. Each of FAC
and Maxwell disclaim beneficial ownership of shares owned of
record by Productivity.
AMP, Middlemas, Renze and Stellar may, therefore, be deemed
the beneficial owner of 1,569,335 shares, FAC may be deemed
the beneficial owner of 2,197,502 shares, and FAMC and
Maxwell may be deemed the beneficial owner of 628,167 shares
subject to the disclaimers noted above.
(b) Percent of Class:
Apex, AMP, Middlemas, Renze and Stellar may be deemed the
beneficial owner of 13.1%. Productivity, FAMC and Maxwell may
be deemed the beneficial owner of 5.2% and FAC may be deemed
the beneficial owner of 18.3% (based on 12,017,471 shares
reported by the Issuer's counsel to be outstanding as of
12/31/97).
<PAGE> 13
SCHEDULE 13G
CUSIP NO. 206186108 PAGE _____OF _____PAGES
(c) Number of shares as to which person has:
(i) Sole power to vote or to direct the vote:
Apex: 1,569,335
AMP: 0
Middlemas: 0
Renze: 0
Stellar: 0
FAC: 0
Productivity: 628,167
FAMC: 0
Maxwell: 0
(ii) Shared power to vote or to direct the vote:
Apex: 0
AMP: 1,569,335
Middlemas: 1,569,335
Renze: 1,569,335
Stellar: 1,569,335
FAC: 2,197,502
Productivity: 0
FAMC: 628,167
Maxwell: 628,167
(iii) Sole power to dispose or to direct the disposition of:
Apex: 1,569,335
AMP: 0
Middlemas: 0
Renze: 0
Stellar: 0
FAC: 0
Productivity: 628,167
FAMC: 0
Maxwell: 0
(iv) Shared power to dispose or to direct the disposition of:
Apex: 0
AMP: 1,569,335
Middlemas: 1,569,335
Renze: 1,569,335
Stellar: 1,569,335
FAC: 2,197,502
Productivity: 0
FAMC: 628,167
Maxwell: 628,167
<PAGE> 14
SCHEDULE 13G
- -------------------- -----------------------
CUSIP NO. 206186108 PAGE _____OF _____PAGES
- -------------------- -----------------------
<TABLE>
<S> <C>
Item 5. Ownership of Five Percent or less of a Class:
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Not applicable. This statement is not filed pursuant to Rule
13d-1(b)(ii)(G) or Rule 13d-1(c) by a parent holding company.
Item 8. Identification and Classification of Members of the Group:
Not applicable. This statement is not filed pursuant to Rule
13d-1(b)(ii)(H) by a group.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
Not applicable. This statement is not filed pursuant to rule
13d-1(b).
[REST OF THIS PAGE LEFT BLANK INTENTIONALLY.]
</TABLE>
<PAGE> 15
SCHEDULE 13G
CUSIP NO. 206186108 PAGE _____OF _____PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 13, 1998
APEX INVESTMENT FUND II, LP
By: Apex Management Partnership
Its: General Partner
By: Stellar Investment Co.
Its: General Partner
By: James A. Johnson
---------------------------------
James A. Johnson, President
APEX MANAGEMENT PARTNERSHIP
By: Stellar Investment Co.
Its: General Partner
By: James A. Johnson
---------------------------------
James A. Johnson, President
GEORGE M. MIDDLEMAS
------------------------------------
GEORGE M. MIDDLEMAS
Paul J. Renze
------------------------------------
PAUL J. RENZE
STELLAR INVESTMENT CO.
By: James A. Johnson
---------------------------------
James A. Johnson, President
<PAGE> 16
SCHEDULE 13G
CUSIP NO. 963505102 PAGE _____OF ______ PAGES
THE PRODUCTIVITY FUND II, LP
By: First Analysis Management Company II
Its: General Partner
By: /s/ Bret R. Maxwell
--------------------------------
Bret R. Maxwell, General Partner
FIRST ANALYSIS MANAGEMENT COMPANY II
By:/s/ Bret R. Maxwell
--------------------------------
Bret R. Maxwell, General Partner
/s/ Bret R. Maxwell
--------------------------------
BRET R. MAXWELL
<PAGE> 17
SCHEDULE 13G
CUSIP NO. 206186108 PAGE _____ OF _____ PAGES
- -------------------- -------------------------
EXHIBIT I
Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, the
undersigned hereby agree that only one statement containing the information
required on Schedule 13G need be filed with respect to ownership by each of the
undersigned of shares of Common Stock of Concord Communications, Inc.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original.
Dated: February 13, 1998 APEX INVESTMENT FUND II, LP
By: Apex Management Partnership
Its: General Partner
By: Stellar Investment Co.
Its: General Partner
By: James A. Johnson
---------------------------
James A. Johnson, President
APEX MANAGEMENT PARTNERSHIP
By: Stellar Investment Co.
Its: General Partner
By: James A. Johnson
---------------------------
James A. Johnson, President
George M. Middlemas
--------------------
George M. Middlemas
Paul J. Renze
---------------------------
Paul J. Renze
STELLAR INVESTMENT CO.
By: James A. Johnson
---------------------------
James A. Johnson, President
<PAGE> 18
SCHEDULE 13G
CUSIP NO. 206186108 PAGE _____OF_____PAGES
THE PRODUCTIVITY FUND II, LP
By: First Analysis Management Company II
Its: General Partner
By: Bret R. Maxwell
-------------------------------------
Bret R. Maxwell, General Partner
FIRST ANALYSIS MANAGEMENT COMPANY II
By: Bret R. Maxwell
-------------------------------------
Bret R. Maxwell, General Partner
Bret R. Maxwell
-------------------------------------
Bret R. Maxwell
