VALUATIONS

Companies in technology and other rapidly changing markets face unique challenges. Unlike most valuation firms, Pagemill Partners has the industry knowledge and transactional record to assist clients in facing these challenges. Whether it is dealing with auditors and the SEC on a "cheap stock" issue or advising a Board of Directors about strategic alternatives, Pagemill Partners offers a wide array of valuation and financial study services to meet specific needs:

• Stock option issuance (IRC 409A and SFAS 123R)
• Fairness opinions
• Solvency and capital adequacy opinions
• Purchase price allocation (SFAS 141)
• Goodwill and asset impairment (SFAS 142 and 144)
• Valuations for financing or sale transactions
• Studies of financial alternatives