Concurrent Technologies Corporation

“CTC prepares and reviews its annual Form 990 internally. CTC's Form 990 is distributed to all Board of Director members prior to its due date. Each member is requested to review the return in detail, ask questions regarding any data contained in the return and formally acknowledge their acceptance and approval of the return and its contents prior to the return being filed.”

“CTC employs a formal internal electronic portal that requires all key staff to properly disclose any interest or financial holding. This information is reviewed by the CTC Ethics Officer to determine if potential or actual conflicts of interest exist. CTC's Ethics Officer is responsible for seeing that compliance with the electronic reporting system is enforced and that each conflict statement is updated annually. An annual assessment is provided to the President & CEO, the Chairman of the Board, and the Board of Directors. Where conflicts of interest exist, these are adjudicated by the Ethics Officer.”

“Within the oversight of the Compensation Committee of the Corporation's Board of Directors, CTC engages an external independent compensation and benefits consultant to evaluate relevant market-competitive compensation for its Chief Executive Officer and other senior executive leadership. Using nationally recognized and proprietary survey sources, the consultant provides a comprehensive report comparing the composite market data to actual compensation paid by CTC. Benchmark data is used to compare base compensation, total cash compensation and total compensation. In addition, an annual compensation examination and comparison of peer corporations' IRS Form 990 reporting is used to determine market appropriateness. The Executive Committee of CTC's Board of Directors reviews and approves the overall compensation package of the CEO, and the CEO approves the officers and other key employees' overall compensation package, all of which is reviewed by CTC's Board of Directors.”

“CTC makes all of its governing documents, conflict of interest policies and its annual Form 990 available to the public upon request. Requests may be made in writing, via telephone or in person to CTC's Director, Corporate Communications and Brand Marketing.”

“Concurrent Technologies Corporation (CTC) is a national resource committed to assisting industry and government achieve world-class competitiveness. CTC is an applied research and development professional services organization that provides management and technology-based solutions to a wide array of clients, including but not limited to, state and federal government. Partnering with leading research institutions, government agencies and other organizations, CTC identifies, develops, analyzes and applies the right technologies to position its clients for world-class competitiveness.”

“Direct Subcontract Expense: Program service expenses 25203882. Management and general expenses 0. Fundraising expenses 0. Total expenses 25203882. Consulting Services: Program service expenses 0. Management and general expenses 520360. Fundraising expenses 0. Total expenses 520360. Bid & Proposal Consulting Expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 155534. Total expenses 155534.”

“Memberships/Subscriptions: Program service expenses 210577. Management and general expenses 100204. Fundraising expenses 0. Total expenses 310781. Equipment Rentals/Mntnce: Program service expenses 204438. Management and general expenses 7919. Fundraising expenses 0. Total expenses 212357. Recruiting: Program service expenses 141902. Management and general expenses 6109. Fundraising expenses 0. Total expenses 148011. Business Licenses & Fees: Program service expenses 59517. Management and general expenses 31874. Fundraising expenses 0. Total expenses 91391. Fees & Honorariums: Program service expenses 0. Management and general expenses 68660. Fundraising expenses 0. Total expenses 68660. Relocation: Program service expenses 5824. Management and general expenses 0. Fundraising expenses 0. Total expenses 5824. Allocations & Intercompany Support: Program service expenses -860942. Management and general expenses -745005. Fundraising expenses 0. Total expenses -1605947.”