Activist Advisory/Defense - Value Optimization Services

We served as the financial advisor to the board of directors of Concurrent Computer Corp. (Nasdaq:GM: CCUR) in connection with its establishment of a Tax Asset Preservation Rights Plan. Concurrent sought to protect its approximately $90 million federal net operating loss carry-forwards through adoption of a shareholder rights plan, which aims to limit "ownership changes" as defined under Section 382 of the Internal Revenue Code. Stout worked with Concurrent's management and legal advisors and advised the board with respect to the principal financial features of the plan, including the board's selection of the exercise price to be utilized.