BNET Industries

Market Cap:$185.8M
Last Fiscal Year Sales:$176.1M
  • Public
  • US
Dow Jones Description

Safeguard Scientifics, Inc. (NYSE: SFE) builds value in growth-stage technology and life sciences businesses. Safeguard provides growth capital as well as a range of strategic, operational and management resources to our partner companies. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings.

President & CEO
Peter J. Boni
Number of Employees 269
Contact Information

435 Devon Park Drive

Building 800

Wayne, Pennsylvania 19087

www.safeguard.c...

610-293-0600

NAICS Code Internet Service Providers: 518111

Recent Events

  • Safeguard Scientifics Announces Third Quarter 2009 Financial

    11/04/09 - Stock Split / Dividend - View Story

  • Safeguard Scientifics Announces Third Quarter 2009 Financial Results

    11/04/09 - Financial Announcement - View Story

  • Safeguard Scientifics leads Quinnova funding

    10/28/09 - New Venture Funded Investment - View Story

  • Safeguard Scientifics SFE Leads $17.4 Million Series B Financing for Quinnova Pharmaceuticals, Inc.

    10/28/09 - New Investment - View Story

  • Safeguard Scientifics sells part of Clarient stake

    8/27/09 - Merger / Acquisition - View Story

  • Safeguard Scientifics enacts reverse stock split

    8/27/09 - Stock Split / Dividend - View Story

  • Safeguard Scientifics reverse stock split set

    8/11/09 - Stock Split / Dividend - View Story

  • MediaMath Secures $12.5 Million in Growth Capital Financing

    8/05/09 - New Investment - View Story

  • Safeguard Scientifics Reports 2Q Financial Results

    8/11/09 - Financial Announcement - View Story

News & Analysis

leadership and safeguard scientifics inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Peter J. Boni President & CEO
Michael F. Cola Group President
John A. Loftus Senior Vice President, Chief Technical Officer
Stephen T. Zarrilli Chief Financial Officer
Charlotte L. Perkins Executive Vice President, Sales, Marketing
Brian J. Sisko Senior Vice President & General Counsel
Kevin L. Kemmerer Senior Vice President, IT Group
Gary J. Kurtzman Vice President, Life Sciences
Janine Dusossoit Vice President, Investor Relations
John E. Shave Vice President, Investor Relations & Corp Communications
Jeffrey Klauder Managing Director
Jim Datin Managing Director & Executive Vice President
Mary G. Beahm Managing Director
Warren V. Musser Founder
Michael A. DiPiano Director Hr Division
Tim Niedecken Director, Product
Chris Blok Coordinator, Investor Relations
Deirdre Blackburn Secretary
Eric Steager
Mark R. Mitchell
Spencer P. Hoffman
Steven J. Feder General Counsel
Andrew E. Lietz Director
Ben Millrood Advisory Member
Christopher Simon Advisory Member
Edward L. Erickson Advisory Member
George Mackenzie Director
Jack L. Messman Director
James John Advisory Member
Jeffery F. O'Donnell Advisory Member
John J. Roberts Director
John W. Poduska PhD Director
Julie A. Dobson Director
Kathleen O'Donnell Advisory Member
Kenneth R. Swimm Advisory Member
Mark Speers Advisory Member
Matthew Malenfant Advisory Member
Michael J. Gausling Advisory Member
Pradip K. Banerjee Advisory Member
Rick Bennett Advisory Member
Scott Snyder Advisory Member
Stephen M Goodman Advisory Member

Board of Directors

Name (plus bio) Position
Robert E. Keith Jr. Chairman
Robert Ripp Board of Directors

As President and Chief Executive Officer of Safeguard, Peter J. Boni draws on more than 25 years of experience as the CEO of technology companies in all stages of growth, and as an operating partner with a large global private equity firm. With both the deal savvy and operating expertise that a successful career affords, Peter is responsible for developing and executing Safeguard’s corporate strategy. His goal is to build on the company’s legacy of identifying businesses in the Technology and Life Sciences sectors with superior growth potential, and applying Safeguard’s capital and strategic, operational and management resources to enhance long-term value for shareholders, partner companies and employees. Peter is recognized as a leader in both building businesses and restoring troubled companies to growth and profitability. In addition to acting as CEO for several publicly-traded and privately-held companies, he has served as a chairman, a Fortune 500 corporate executive, a NYSE Fortune 1000 president, a management consultant, board member, investor and advisor to institutional investors in both early- and later-stage hardware, software and technology-enabled services firms. After his CEO experience, Peter served as an Operating Partner at Advent International, a leading global private equity firm managing $10 billion. Under Peter’s stewardship, several noteworthy firms were funded, grown and positioned for liquidity at premiums. Others were recognized among the Inc. 500 as fastest growing private companies. Several were brought to IPO. Some acquired and integrated with the acquired businesses, and/or were themselves acquired by industry leaders such as Computer Associates and Cisco Systems. As a result, Peter was recognized by Ernst & Young as an Entrepreneur of the Year finalist in New England. A decorated combat veteran, Peter served as an Army infantry officer in Special Operations in Vietnam. Through this life-altering experience, he developed a personal philosophy about the importance of surrounding himself with highly competent, well-trained and motivated individuals. It’s a philosophy he continues to lead his life by and one that he applies to his work every day at Safeguard. The opportunity to lead Safeguard appealed to Peter’s desire to apply both his strategic and deal-making experience to a forward-thinking company. His insights and lessons learned enable him to add value to Safeguard’s partner companies in areas where Safeguard can best apply its expertise, such as strategic planning, business development, sales, marketing, operations, mergers, acquisitions and finance. EXPERIENCE * Advent International – Operating Partner * Surebridge, Inc. – Chairman and CEO * Prime Response – CEO * Cayenne Software – CEO * Summa Four – CEO * On-Line Software International – President * Paramount Communications, Inc. (Software and Information Services Group) – President * Data General Corporation – Vice President & General Manager BOARD MEMBER Safeguard and Partner Companies * Clarient, Inc. (Nasdaq: CLRT) * Rubicor Medical, Inc. * Safeguard Scientifics, Inc. Independent Organizations * TechAmerica - Vice Chairman * National Foundation for Teaching Entrepreneurship (NFTE) – Advisory Board co-Chair EDUCATION * BA, University of Massachusetts at Amherst

Organization Position Status
Safeguard Scientifics, Inc. President & CEO Current
Safeguard.Com Executive Officer Current
Clarient Inc. Board of Directors Current
Alliance Holdings, Inc. Director Current
Safeguard.Com Director Current
Laureate Pharma, Inc. Director Current
Mantas, Inc. Director Current
Intralinks Inc. Director Current
Safeguard Scientifics, Inc. Board of Directors Current
Advent International Corporation CEO experience Former
Advent International Corporation Operating Partner Former
Intralinks Inc. Chairman Former
University of Massachusetts Amherst B.A. Former

Organization Position Status
Safeguard Scientifics, Inc. Group President Current
Shire Acquisition Inc. Executive Vice President Current
The S.H.I.R.E Executive Vice President, Global Therapeutic Business Area Units Current
Shire Genetic Disease Unit Executive Vice President Current
Shire plc Executive Vice President Current
Clarient Inc. Chair of Board Current
Astrazeneca Vice President, Global Clinical Operations Former
Drexel University Master's of Science Degree In Biomedical Engineering and Sciences Former
Ursinus College Bachelor's Degree In Biology, Physics Former

Organization Position Status
Safeguard Scientifics, Inc. Senior Vice President, Chief Technical Officer Current
Portico Systems Executive Vice President and Managing Director, Technology Group, Safeguard Scientifics, Inc. Current
Safeguard Scientifics, Inc. Managing Director, Information Technology Current
Printpod Years Experience In Executive Current
La Salle University Chairman Current
Printpod Board of Directors Current
Portico Systems Board of Directors Current
NexTone Communications, Inc. Director Current
Acsis Inc. Director Current
Breakaway Solutions Senior Vice President Former
Gestalt, LLC Co-Founder Former
PECO Energy Company Director of Enterprise Systems Former
PECO Energy Company IT Executive Former
General Electric Company IT & Program Executive Former
Safeguard.Com Former
Gestalt, LLC Board of Directors Former
Alliance Consulting Co Board of Directors Former
Avista Advantage Board of Directors Former
Mantas, Inc. Board of Directors Former
Villanova University M.S.C.S Former
University of Pennsylvania MSOD Former
Villanova University BEE Former

As Senior Vice President and Chief Financial Officer, Steve leverages more than 25 years of strategic, financial and operational experience in raising capital and providing financial oversight, which greatly benefits Safeguard’s shareholders and partner companies. During the course of his career, Steve has demonstrated an ability to successfully grow and manage entrepreneurial enterprises. As Senior Vice President and Chief Financial Officer, Steve is responsible for all financial and administrative matters for Safeguard. He is also directly involved in providing oversight and support to Safeguard's partner companies, as well as participating in the development of Safeguard's long-term business strategy. Steve has the necessary public company skills that will ultimately drive value in Safeguard and its partner companies. Steve is responsible for analyzing and helping to identify the value-add that each partner company brings to Safeguard and its shareholders. Steve's experience complements Safeguard’s rich history and ensures a strong, disciplined financial infrastructure which drives excellence and accountability. Steve served as the interim Chief Financial Officer of Safeguard from December 2006 to June 2007. Prior to joining Safeguard, Steve held a number of financial and operating roles in both venture-backed and publicly traded companies. Today, in addition to his responsibilities at Safeguard, he is also the non-executive Chairman of the Penn Valley Group, a middle-market management advisory firm which launched in 2005. Prior to the creation of the Penn Valley Group, Steve served as the Chief Financial Officer of Fiberlink Communications Corp., a leading provider of remote access VPN solutions for large enterprises. Steve’s prior experience includes serving both as the Chief Financial Officer and then Chief Executive Officer of US Interactive, Inc. where he led the company’s initial and secondary public offerings. Steve also served as Chief Executive Officer of Concellera Software, Inc., orchestrating the sale of its proprietary technology to Hewlett Packard, and spent over a decade with Deloitte & Touche, where he was responsible for developing an emerging business practice for the firm in Philadelphia. The opportunity to rejoin Safeguard in June 2008 as its full time permanent Chief Financial Officer appealed to Steve’s desire to further apply his strategic, financial and operating skills to a broad array of companies. Steve has raised more than $200 million of growth capital through both venture sources and public offerings for a number of businesses. The application of these skills along with the financial oversight responsibilities of Safeguard serve to significantly leverage Steve’s substantial experiences for the benefit of Safeguard’s shareholders and partner companies. EXPERIENCE * Penn Valley Group – Founder and Managing Partner * Fiberlink Communications Corp – CFO * Concellera Software, Inc. – CEO * US Interactive, Inc. – CFO and CEO * Deloitte & Touche – Senior Manager BOARD MEMBER Safeguard and Partner Companies * Advantage Healthcare Solutions, Inc. * Clarient, Inc. (Nasdaq: CLRT) Independent Organizations * Arts & Business Council of Greater Philadelphia – Treasurer * Cadient, Inc. * Drexel University LeBow College of Business, Center for Corporate Governance Economics Pennsylvania – Regional Chairman * FMP Media, Inc. – Chairman * Internet Fitness, LLC * LaSalle University – Business Advisory Board * NutriSystem, Inc. (NASDAQ:NTRI) – Director and Chairman of Audit Committee EDUCATION * BS, LaSalle University

Organization Position Status
Safeguard Scientifics, Inc. Chief Financial Officer Current
Safeguard.Com Chief Financial Officer Current
Safeguard.Com Senior Vice President Current
NutriSystem, Inc. Director Current
Clarient Inc. Board of Directors Current
Phillystocks.Com Director Current
US Interactive Inc. Chief Executive Officer Former
US Interactive Inc. Chief Financial Officer Former
Fiberlink Communications Corp. Chief Financial Officer Former
Penn Valley Management Group, LLC Co-Founder and Managing Partner Former
Deloitte & Touche LLP Former
NutriSystem, Inc. Chairman Former
La Salle University BA in Accounting Former

Organization Position Status
Safeguard Scientifics, Inc. Executive Vice President, Sales, Marketing Current

Organization Position Status
Safeguard Scientifics, Inc. Senior Vice President & General Counsel Current
Traffic.com, Inc. General Counsel, Chief Legal Officer & Senior Vice President Former

As a member of Safeguard’s executive team, Kevin uses his market insight, business acumen and strategic vision to identify opportunities for Safeguard to partner with entrepreneurial companies in financial and fintech/payments, healthcare IT and Internet-based businesses. Kevin evaluates new opportunities and provides strategic and operational leadership to Safeguard and its rapidly growing partner companies. With over 10 years of experience in supporting entrepreneurs through venture capital, consulting, M&A transactions and strategic planning, Kevin has a deep understanding of the challenges and opportunities facing Safeguard partner companies. Kevin has provided capital to and served in senior management positions with companies representing all stages of growth. Prior to joining Safeguard in June 2004, Kevin was a director with Kennet Venture Partners, where he sourced and managed software and technology-enabled services investments. He also served as a principal at Broadview International, where he co-led the firm’s Silicon Valley team focused on mergers and acquisitions in the software applications market. Earlier in his career, he was a manager in Deloitte & Touche’s Management Consulting practice and a software developer at Salomon Brothers. Kevin received his MBA with a concentration in Entrepreneurial Management from The Wharton School of the University of Pennsylvania, and his BE in Electrical Engineering and Computer Science from Vanderbilt University. Kevin has established himself as a leader in the technology industry, having recently been recognized with the Philadelphia Business Journal’s ’40 under 40’ Award in 2008. Additionally, Kevin is a member of the Mid-Atlantic Capital (MAC) Alliance and the IT Investment Advisory Committee for the Ben Franklin Technology Partners of Southeastern Pennsylvania. He is also on the board of the Association for Corporate Growth (ACG) and serves as co-chair for ACG Philadelphia’s Program Committee. Additionally, he has served as a judge for the Eastern Technology Council’s Enterprise Awards. Kevin is a founding member of MindShare Philadelphia, a forum designed for aspiring technology and life sciences CEOs to collaborate and learn from their peers. He is also a member of the Board of Directors for Safeguard’s portfolio companies Advantedge Healthcare Solutions, Authentium and Bridgevine. EXPERIENCE * Kennet Venture Partners – Director * Broadview International – Principal, M&A * Deloitte & Touche – Manager, Management Consulting * Salomon Brothers – Senior Programmer / Analyst BOARD MEMBER Safeguard Partner Companies * Advantedge Healthcare Solutions, Inc. * Authentium, Inc. * Bridgevine, Inc. Independent Organizations * Association for Corporate Growth (ACG) – Program Committee Co-Chair * Ben Franklin Technology Partners – Investment Advisory Board EDUCATION * BEE, Vanderbilt University * BCS, Vanderbilt University * MBA, The Wharton School

Organization Position Status
Safeguard Scientifics, Inc. Senior Vice President, IT Group Current
Authentium, Inc. Director Current
Bridgevine Board of Directors Current
Safeguard.Com Vice President, Business Development Former
Salomon Brothers Manager Former
Broadview International LLC Principal Former
Salomon Brothers Software Developer Former
Wharton Graduate School of the University of Pennsylvania MBA with a concentration in Entrepreneurial Management Former
Vanderbilt University Bachelor of Engineering degree in Electrical Engineering and Computer Science Former

Organization Position Status
Safeguard Scientifics, Inc. Vice President, Life Sciences Current

Organization Position Status
Safeguard Scientifics, Inc. Vice President, Investor Relations Current

Organization Position Status
Safeguard Scientifics, Inc. Vice President, Investor Relations & Corp Communications Current

Organization Position Status
Safeguard Scientifics, Inc. Managing Director Current

As Executive Vice President and Managing Director of Life Sciences, Jim applies his broad industry knowledge to drive Safeguard’s partnership opportunities in Life Sciences. His significant experience as a marketing / sales and business development executive for leading pharmaceutical, medical device, diagnostics and software companies spans more than 20 years and covers assignments throughout the United States, Europe and Asia. Prior to joining Safeguard, Jim was Chief Executive Officer of TouchPoint Solutions, Inc., a provider of software that enables customers to develop and deploy applications, content and media on multi-user interactive devices. Prior to TouchPoint, Jim served as Group President of Dendrite International, a provider of sales, marketing, clinical and compliance solution services to global pharmaceutical and other life sciences companies. In his tenure as Group Director of Corporate Business Strategy and Planning at GlaxoSmithKline, he served on the Global Predictive Medicine Board of Directors, evaluating acquisition and alliance opportunities, reengineering projects and facilitating change management teams. His experience also includes executive international assignments setting up international businesses and identifying strategic growth opportunities for Merck KGaA and Baxter. As Chief Executive Officer at publicly traded Isuta Group, Jim redesigned the company’s value proposition and led a profitable expansion throughout Asia and enabled the company’s survival of the Asian economic crisis. These initiatives positioned the group to become a world leader in all major product groups. Jim and his team actively oversee Safeguard’s life sciences partner companies and continuously evaluate new growth opportunities in life sciences companies. Jim believes that by providing capital, as well as a range of strategic, operational and management resources, Safeguard is uniquely positioned to build value in growth-stage life sciences companies. Jim has completed more than 20 acquisitions, mergers and divestitures in his 20 plus years of experience, and seeks opportunities to partner with innovative entrepreneurs within diagnostics, medical devices and specialty pharmaceuticals. EXPERIENCE * TouchPoint Solutions, Inc. - CEO * Dendrite International - Group President * GlaxoSmithKline - Group Director, Corporate Business Strategy and Planning * Isuta Holdings - CEO * Baxter/Merck KGaA - Director, International Business BOARD MEMBER Safeguard Partner Companies * Cellumen, Inc. * Clarient, Inc. (Nasdaq: CLRT) * Molecular Biometrics, Inc. * Rubicor Medical, Inc. EDUCATION * BBA, Marshall University * MBA, University of New Haven

Organization Position Status
Safeguard.Com Executive Vice President Current
Safeguard Scientifics, Inc. Managing Director & Executive Vice President Current
Ventaira Current
Chromavision Medical Systems, Inc. Current
Laureate Pharma, Inc. Director Current
Intralinks Inc. Director Current
Clarient Inc. Board of Directors Current
GlaxoSmithKline Plc Group Director, Corporate Business Strategy and Planning Former
University of New Haven MBA Former
Marshall University B.B.A. in Marketing Former

CEO and Chairman, Alliance Consulting Group, Inc., a business and information technology consulting company, since May 2004; Managing Director, Safeguard Scientifics, Inc., a technology operating company, from January 2002 to May 2004; Chairman and Chief Executive Officer, Ajunto, Inc., a privately held software company, from July 2001 to October 2001; President of Professional Services, Managing Director and Venture Partner, Internet Capital Group, a technology holding company, from December 1999 to June 2001; President of the Americas, President and Chief Operating Officer, Tech Data Corporation, a distributor of information technology products and services, from September 1996 to December 1999. Director Smartdisk Corporation.

Organization Position Status
Lantern Communications, Inc. Corporate Vice President, Human Resources Current
C-COR Incorporated Vice President, HR Current
Safeguard Scientifics, Inc. Managing Director Current
Tech Data Corporation President and Chief Operating Officer Former
Westinghouse Electric Company LLC Former

Organization Position Status
The Musser Group, LLC CEO Current
Safeguard Scientifics, Inc. Founder Current
The Musser Group, LLC Founder Current
Directorforce Chairman Current
Telkonet, Inc. Chairman Current
Interactive WiFi Chairman of the Board of Directors Current
Economics PA Chairman Current
Epitome Systems, Inc. Chairman Current
InfoLogix, Inc. Chairman Current
Nutrisystems,Inc. Board of Directors Current
Phillystocks.Com Director Current
Health Advocate, Inc. Board of Directors Current
Radnor Advisors, LLC. Board of Directors Current
Redlasso, Inc Board of Directors Current
CompuCom Systems, Inc. Director Current
Health Benefits Direct Corporation Board of Directors Current
Eastern Technology Council Board of Directors Current
Internet Capital Group, Inc. Board of Directors Current
Safeguard Scientifics, Inc. CEO Former
Lancaster and Company President Former
Lancaster and Company Founder Former
NutriSystem, Inc. Vice Chairman and Director Former
Lancaster and Company Chairman Former
Safeguard Scientifics, Inc. Chairman Former
Amperion, Inc. Board of Directors Former
Telkonet, Inc. Board of Directors Former

Mr. DiPiano is a General Partner of NewSpring Ventures and the Managing Partner of NewSpring Capital.A Prior to joining NewSpring Capital, Mr. DiPiano was a serial entrepreneur and investor.A He led or co-led the investment into six companies in the business services, healthcare and information technology industries.A A During that time, he was affiliated with Safeguard Scientifics (NYSE:SFG) and their related Funds.A A Prior to 1996, he spent six years as a division CEO and director of Chemical Leaman Corporation.A A Mr. DiPiano started his career in 1980 with Baxter Healthcare Corporation (NYSE: BAX) where he held numerous positions culminating as Vice President responsible for Operations and Sales of the Industrial Scientific Products Division.A A He currently serves on the boards of Ecount; Femme Pharma; the Mid-Atlantic Capital Alliance, formerly known as the Greater Philadelphia Venture Group, which is a trade association representing over 80 Mid-Atlantic based private equity funds with approximately $12 billion under management, where he served as the 2005 program year Chairman; NutriSystem (NASDAQ: NTRI); Prescient Applied Intelligences (OTC BB: PPID); and the University City Science Center, where he sits on the investment committee. E-mail: MDiPiano@NewSpringCapital.com MDiPiano@NewSpringCapital.com

Organization Position Status
Newspring Capital Managing Partner Current
Safeguard Scientifics, Inc. Director Hr Division Current
iPipeline Chairman Current
Gpvg Board Member Current
NutriSystem, Inc. Board Member Current
Ecount, Inc. Director Current
Bluenog Board of Directors Current
Hr Division Director Current
Message Link Director Current
University City Science Center Director Current
Phillystocks.Com Director Current
Maxwell Systems Inc. Director Current
Femmepharma, Inc. Board of Directors Current
Maxwell Systems Inc. CEO Former
AllianceOne Inc. Co-founder Former
University City Science Center Director Hr Division Former
Safeguard Scientifics, Inc. Affiliate Former
Maxwell Systems Inc. Chairman Former
Prescient Applied Intelligence, Inc. Board of Directors Former
NYU Stern School of Business MBA Former
New York University M.B.A. Former
The Pennsylvania State University B.S. Degree Former

Organization Position Status
Safeguard Scientifics, Inc. Director, Product Current

Organization Position Status
Safeguard Scientifics, Inc. Coordinator, Investor Relations Current

Organization Position Status
Safeguard Scientifics, Inc. Secretary Current

Organization Position Status
Safeguard Scientifics, Inc. Current
Gpx Enterprises, L.P. Board of Directors Current
Bank One Corp Former
Houlihan Lokey Howard & Zukin Former
Capital Valuation Group, Inc. Former
University of Chicago Graduate School of Business Mba With Honors Former
University of Chicago MBA with Honors Former
Drexel University Bachelor's Degree Former

As a Senior Associate in Safeguard’s Technology Group, Mark identifies, evaluates and supports entrepreneurial companies in the software applications and technology services markets. With nearly 10 years of experience in technology, Mark leverages his market understanding and expertise to provide support and insight to partner companies. Prior to joining Safeguard in 2005, Mark worked at Wachovia Securities, where he focused on M&A and IPO transactions for software and security companies. He also previously worked at Broadview International, providing M&A advisory services to companies in the Internet, software and communications infrastructure markets. Earlier in his career, Mark served as an associate consultant at PTG, a management consultancy, where he provided strategic advice to both Fortune 500 and early-stage technology companies. EXPERIENCE * Wachovia Securities * Broadview International * PTG BOARD MEMBER Safeguard Partner Companies * Beyond.com, Inc. – Observer * Swaptree, Inc. EDUCATION * AB, Physics, Duke University * AB, Philosophy, Duke University * MBA, The Wharton School

Organization Position Status
Safeguard Scientifics, Inc. Current
Edge Dynamics, Inc. Director Current
I-many, Inc. Director Current
Ramius Capital Group LLC Managing Director Former
Broadview International LLC Former
New York University Mba Former
The Wharton School of the University of Pennsylvania Mba With A Concentration In Finance Former
University of Pennsylvania Bs In Economics Former
Duke University Former

Spencer P. Hoffman is an officer and a Principal at Lovell Minnick Partners LLC. Lovell Minnick is an independent private equity firm providing buyout and growth capital to companies in the financial services industry. Prior to joining LMP, Mr. Hoffman was a Principal at Safeguard Scientifics, a publicly traded growth capital investor. Mr. Hoffman also served as an associate with Mellon Ventures where he was active in all aspects of their venture investing activities. He began his career in Merrill Lynch's Global Investment Banking Group where he worked on a variety of equity, convertible debt, M&A and other strategic mandates, and then joined MicroStrategy as Manager of Corporate Affairs, reporting to the CEO. Mr. Hoffman received an MBA in Finance from the Wharton School of Business and a Bachelor of Arts in African American Studies from Brown University.

Organization Position Status
Leerink Swann & Company Officer Current
Safeguard Scientifics, Inc. Current
Leerink Swann & Company Board of Directors Current
Corporate Affairs Manager Former
Mellon Ventures Inc. Associate Former
Wharton Graduate School of the University of Pennsylvania MBA with a concentration in Finance: Private Equity Former
Brown University Bachelor of Arts In African American Studies Former

Organization Position Status
Safeguard Scientifics, Inc. General Counsel Current
White & Williams LLP partner Former
Pepper Hamilton LLP partner Former
Ballard Spahr Andrews & Ingersoll, LLP Senior Associate Former
Clarient Inc. Board of Directors Former
Temple University JD Former
Temple University BS ed Former

Organization Position Status
TL Ventures Chief Executive Officer Former
Circles, Inc. Managing Director, Tl Ventures Current
Akcelerant Infrastructure Solutions LLC Managing Director of Tl Ventures Current
TL Ventures Chairman Current
Safeguard Scientifics, Inc. Chairman Current
Circles, Inc. Board of Directors Current
Akcelerant Infrastructure Solutions LLC Board of Directors Current
Metallect Corporation Board of Directors Current
Internet Capital Group, Inc. Board of Directors Current
Ben Franklin Technology Partners Vice Chairman Current
Safeguard Scientifics, Inc. Board of Directors Current
TL Ventures Managing Director Former
Enertech Capital Canada, Ltd. Co-Founder Former
Enertech Capital Canada, Ltd. Senior Advisor Former
The Fidelity Bank Inc. Executive Positions Former
Fidelity Bank Former
The Fidelity Bank Inc. Vice Chairman Former
Temple University James E. Beasley School of Law Graduate Former
Amherst College Graduate Former

Organization Position Status
Safeguard Scientifics, Inc. Director Current

Organization Position Status
Safeguard Scientifics, Inc. Advisory Member Current
Gartner, Inc. Group Vice President Former
Savin Corporation sales leadership position Former
International Business Machines Corporation sales leadership position Former
Tulane University Bachelor of Arts Former
University of Maryland Graduate Former

Organization Position Status
Safeguard Scientifics, Inc. Advisory Member Current
Baxter International Inc. NA Former
Harvard Business School MBA Former
University of Pennsylvania bachelor's degree in economics Former

Organization Position Status
Anthem Capital Management Advisor, Medical Product Current
Bionanomatrix Consultant Current
Safeguard Scientifics, Inc. Advisory Member Current
Bionanomatrix Board of Directors Current
Biotrove, Inc. Board of Directors Current
Barrier Therapeutics, Inc. Board of Directors Current
Anthem Capital Management Board of Directors Current
Immunicon Corporation CEO Former
DepoTech Corporation CEO Former
Cholestech Corporation CEO Former
DepoTech Corporation President Former
Cholestech Corporation President Former
Immunicon Corporation President Former
U.S. Navy Officer Former
Emd Serono, Inc. Former
Amersham Corporation Former
Immunicon Corporation Chairman of the Board of Directors Former
Illinois Institute of Technology M.S. In Mathematics Former
Harvard Business School Mba Former
Harvard University M.B.A. Former
Illinois Institute of Technology B.S. In Mathematics Former
Harvard University B.S. In Mathematics Former

George MacKenzie began his appointment on May 17, 2006 as non-executive Chairman of the Board of American Water, the largest investor-owned U.S. water and wastewater utility company. Mr. MacKenzie most recently served as interim president and CEO of American Water until the appointment of Donald L. Correll, which took effect April 17, 2006. He has been a valued member of the American Water Board of Directors since August 2003 and was a past Chair of the Audit Committee of the Board. In addition to his role with American Water, Mr. MacKenzie is a director on the Boards of Safeguard Scientifics, Inc., Tractor Supply Co., and C&D Technologies, Inc., where he served as Interim CEO early in 2005. He also serves on the Board of Trustees of the Medical Center of Delaware and is a member of the Investment Committee at the University of Delaware. George MacKenzie previously served as vice chairman of the Board and chief financial officer of Hercules Incorporated, a global manufacturer of chemical specialties whose 5,000 employees generated sales of approximately $2 billion in fiscal 2005. During his 22-year career with Hercules he served in a variety of senior management roles including president of the Chemical Specialty Division.

Organization Position Status
American Water Director Current
Safeguard Scientifics, Inc. Director Current
C&D Technologies, Inc. Director Current
American Water Interim Chief Executive Officer Former
Glatfelter Interim President Former
Glatfelter Chief Financial Officer Former
Hercules Incorporated Chief Financial Officer and Vice Chairman Former
Glatfelter Executive Vice President Former
Central Vermont Public Service Corporation Board of Directors Former

Organization Position Status
Rre Ventures LLC Senior Advisor Current
Safeguard Scientifics, Inc. Director Current
Cambridge Technology Partners Board Member Current
RadioShack Corporation Board of Directors Current
Novell, Inc. Chief Executive Officer Former
Somerset House CEO Former
Novell, Inc. President Former
Safeguard Scientifics, Inc. Executive Vice President & Director Former
Somerset House Chairman Former
Novell, Inc. Chairman, Board of Directors Former
Novell, Inc. Director Former

Array

Organization Position Status
Parente Randolph LLC Chief Administrative Officer Current
Safeguard Scientifics, Inc. Advisory Member Current
Advanta Corporation President Former
California State University Dominguez Hills MBA in finance Former
California State University MBA In Finance Former
California State University Bachelor of Arts Degree In Accounting Former

Organization Position Status
Procyte Corporation Director, President and Chief Executive Officer Current
Cardiac Science, Inc. Current
PhotoMedex, Inc. Board of Directors Current
Procyte Corporation Board of Directors Current
Escalon Medical Corp. Director Current
Safeguard Scientifics, Inc. Advisory Member Current
Endologix Inc. Director Current
Cardiac Science Corporation Board of Directors Current
Kensey Nash Corporation CEO Former
PhotoMedex, Inc. CEO Former
Kensey Nash Corporation President Former
PhotoMedex, Inc. President Former
Azurtec, Inc. Board Member Former
La Salle University bachelor's degree in business administration and marketing Former

Organization Position Status
Safeguard Scientifics, Inc. Director Current
Armstrong World Industries, Inc. Board of Directors Current
PricewaterhouseCoopers Global Managing Partner Former

Organization Position Status
ECHO360 Inc. Board of Directors Current
Anystream Inc. Board of Directors Current
Novell Suse Linux Director Current
Novell, Inc. Board of Directors Current
Safeguard Scientifics, Inc. Director Current
Anadarko Petroleum Corporation Board of Directors Current
Anystream Inc. Founder & Vice President, Res and Development Former
Prime Computer, Inc. Founder Former
Safeguard Scientifics, Inc. Independent Consultant Former
Lahey Clinic trustee Former
Advanced Visual Systems Inc. Chairman Former
Massachusetts Institute of Technology Sc.D. Former
Boston Ballet Inc. member Former

Organization Position Status
Safeguard Scientifics, Inc. Director Current

Organization Position Status
Advent International Corporation Partner Current
Openservice, Inc. Partner, Advent International Current
Powersteering Software, Inc. Director Current
Upoc Networks Director Current
Ultimus, Inc. Director Current
Safeguard Scientifics, Inc. Advisory Member Current
Openservice, Inc. Director Current
Procuri, Inc. Director Current
Demantra, Inc. Director Current
Warburg Pincus, LLC Associate Former
A.T. Kearney, Inc. management consultant for the Financial Institutions Group Former
E.M. Warburg Pincus & Co. associate Former
Bizfon, Inc. Board Member Former
Upoc Board Member Former
MarketSoft Corporation Board of Directors Former
Harvard University AB degree in electrical, computer and systems engineering Former

Organization Position Status
Philadelphia Museum of Art Director Current
Wam!Net Director Current
Safeguard Scientifics, Inc. Advisory Member Current
WD Media, Inc. Board of Directors Former
The University of New Mexico M.S. Degree In Electrical Engineering Former
Columbia College B.S. Degree In Electrical Engineering Former

Mark S. Speers is Managing Director and co-founder of Health Advances, LLC, a strategy consulting firm focused on the evaluation and commercialization of new medical technologies and services. Previously, Mr. Speers served as a Partner at Bain & Company where he consulted for major health and life sciences companies.

Organization Position Status
Health Advances, LLC Managing Director Current
Radius Ventures, LLC Board of Directors Current
Massmedic Board of Directors Current
Boston University Board Member Current
Safeguard Scientifics, Inc. Advisory Member Current
Health Advances, LLC Co-Founder Former
Spherics, Inc. Founder Former
Bain & Company Partner Former
Stanford University M.B.A. Former
Stanford Graduate School of Business MBA Former
Dartmouth College A.B. In Engineering Former
Dartmouth College Degree In Engineering Former

Organization Position Status
VWR International, Inc. President, Lab Distr & Services, North America Current
VWR International, Inc. Senior Vice President Current
Safeguard Scientifics, Inc. Advisory Member Current
Cellumen, Inc Board of Directors Current
Arizona State University Bachelor of Arts In Marketing Former
The Pennsylvania State University Executive Logistics Program Former

Organization Position Status
Safeguard Scientifics, Inc. Advisory Member Current
OraSure Technologies, Inc. CEO Former
OraSure Technologies, Inc. President Former
KNBT Bancorp, Inc. Board of Directors Former
OraSure Technologies, Inc. Board of Directors Former
Rensselaer Polytechnic Institute Bachelor's Degree in Mechanical Engineering Former

Organization Position Status
Safeguard Scientifics, Inc. Advisory Member Current
University City Science Center President and CEO Former
PA Consulting Group Consultant Former
Accenture Ltd. Consultant Former
University of Wisconsin PhD In Pharmacy Former
The Wharton School of the University of Pennsylvania MBA Former

Organization Position Status
Vanillasoft, Inc. Chief Creative Advisor Current
TenFold Corporation Class II Director Current
TenFold Corporation Director Current
Safeguard Scientifics, Inc. Advisory Member Current
Public Broadcasting Service Former
Salesforce.com, Inc. Former
NBC Universal, Inc. Former
Amazon.com, Inc. Former
PeopleSoft, Inc. Former
Hewlett-Packard Company Investor Former
Oracle Corporation Investor Former
Whitman College majored in mathematics Former

Organization Position Status
Safeguard Scientifics, Inc. Board of Directors Current

Organization Position Status
Safeguard Scientifics, Inc. Advisory Member Current
Wharton School, University of Pennsylvania part-time faculty member Former
University of Pennsylvania doctorate degrees in systems engineering Former
University of Pennsylvania Master of Science Former
University of Pennsylvania Bachelor of Science Former
University of Southern California executive degree Former

Stephen M. Goodman is a partner in the Business Transactions Practice and is co-chairman of the Firm's Global Technology Practice. His practice focuses on representing emerging growth companies in the technology and life sciences sectors. He has nurtured startup companies such as CDnow, VerticalNet, ICG Commerce, AirClic, and AANet.com. Using the firm's vast resources, he coordinates all aspects of the legal representation of such companies and concentrates on corporate finance and acquisitions. He is also a member of the Firm's Advisory Board. Before joining the firm, Mr. Goodman was a senior partner at Wolf Block, Schorr & Solis-Cohen where he served as chairman of the Corporate Law Department, chairman of the Hiring Committee, as a member of the Executive Committee and as chairman of the Venture Development Group. Stephen holds a B.S. from the University of Pennsylvania and an L.L.B. from the University of Pennsylvania Law School. Stephen's honors and affiliations include Editor-in-Chief of the University of Pennsylvania Law Review, former member of the Advisory Board to the Chairman of the U.S. Senate Judiciary Committee, former Adjunct Professor of Law, Georgetown University, the University of Pennsylvania and Rutgers University Law Schools, former Law Clerk to U.S. Supreme Court Justice William J. Brennan Jr. and Chief Judge David L. Bazelon of the U.S. Court of Appeals for the District of Columbia Circuit.

Organization Position Status
Highway To Health Incorporated Partner, Business Transactions Practice and Co-Chairman, Global Technology Practice, Morgan Lewis Current
Datalogic Scanning, Inc. Partner Current
Cox & Company, Inc. Partner Current
Katalyst LLC Partner and Co-Chairman Current
Lynch Cox Gilman & Mahan Partner Current
Steven Roy Goodman and Topcolleges.Com Educational Consultant and Admissions Strategist Current
Penn Law Adjunct Professor Current
Osage Investments, Inc. Current
Safeguard Scientifics, Inc. Advisory Member Current
The Board, Inc. Board of Directors Current
Innovation Philadelphia, Inc. Board of Directors Current
Quantum Leap Innovations, Inc. Board of Directors Current
Cira Discovery Sciences, Inc Board of Directors Current
United States Court of Appeals for the Federal Circuit Chief Judge Former
Lewis & Bockius LLP Managing Partner Former
Wolf, Block, Schorr & Solis-Cohen LLP Senior Partner Former
Wolf, Block, Schorr & Solis-Cohen LLP member of the Executive Committee Former
Lynch Cox Gilman & Mahan Attorney Former
Georgetown University Editor Former
Supreme Court of the United States Editor Former
University of Pennsylvania Editor Former
Rutgers University Editor Former
Morgan, Lewis & Bockius LLP Former
United States Court of Appeals for the District of Columbia Circuit Former
Wolf, Block, Schorr & Solis-Cohen LLP Chairman of the Corporate Law Former
The Firm LLC Co-Chairman Former
Venture Development Group Chairman Former
Highway To Health Incorporated Board of Directors Former
Katalyst LLC Advisory Board Member Former
Verticalnet, Inc. Investor Former
ICG Commerce, Inc. Investor Former
AirClic, Inc. Investor Former
University of Kentucky Law Degree Former
Georgetown University Law Center Masters of Laws In Taxation Former
Georgetown University Masters of Laws In Taxation Former
University of Pennsylvania B.S. Former
Duke University Bachelor's Degree In Public Policy Former
Indiana University Undergraduate Degree Former
University of Pennsylvania Law School L.L.B. Former
University of Pennsylvania Law School Degree Former
University of Kentucky Degree Former
Wharton Graduate School of the University of Pennsylvania Member Former
Haverford College Member Former
Venture Development Group Member Former
La Salle University Member Former

Executive News

  • FDA Approves Shire's Once-Daily INTUNIV for the Treatment of ADHD in Children and Adolescents Aged 6 to 17

    PharmaceuticalProcessing - 9/03/09 - View Story

  • FDA Announces Shire plc (JOBS) Approval of Once-Daily INTUNIV(TM) Extended Release Tablets for the Treatment of ADHD in Children and Adolescents Aged 6 to 17 9/3/2009

    BioSpace - 9/03/09 - View Story

  • Shire Announces FDA Approval of Once-Daily INTUNIV(TM) (guanfacine) Extended Release...

    Reuters - 9/03/09 - View Story

  • FDA Announces Shire plc Approval of Once-Daily INTUNIV(TM) Extended Release Tablets for the Treatment of ADHD in Children and Adolescents Aged 6 to 17 9/3/2009

    BioSpace - 9/03/09 - View Story

  • Shire Announces FDA Approval of Once-Daily Intuniv (guanfacine) Extended Release Tablets for the Treatment of ADHD in Children and Adolescents Aged 6 to 17

    Pharma Live - 9/03/09 - View Story

  • Shire Announces FDA Approval of Once-Daily INTUNIV(TM) (guanfacine) Extended Release Tablets for the Treatment of ADHD i

    NewsBlaze - 9/03/09 - View Story

  • REG-Shire plc: Shire Announces FDA Approval of Once-Daily INTUNIV(TM)

    Reuters - 9/03/09 - View Story

  • Shire Announces FDA Approval of Once-Daily INTUNIV(TM) (guanfacine) Extended Release Tablets for the Treatment of ADHD in Children and Adolescents Aged 6 to 17

    Financials.com - 9/03/09 - View Story

  • Shire Announces FDA Approval of Once-Daily INTUNIV(TM) (guanfacine) Extended Release Tablets for the Treatment of ADHD in Children and Adolescents Aged 6 to 17

    Yahoo! Canada - 9/03/09 - View Story

  • Safeguard Scientifics enacts reverse stock split

    CNBC - 8/27/09 - View Story

  • Safeguard Scientifics sells part of Clarient stake

    Philadelphia Business Journal - 8/27/09 - View Story

  • Safeguard Scientifics Annual Meeting of Shareholders to Be Held on August 28th

    Reuters - 8/25/09 - View Story

  • Safeguard Scientifics Annual Meeting of Shareholders to Be Held on August 28th

    Business Wire - 8/25/09 - View Story

  • Safeguard Scientifics reverse stock split set

    Biz Journals - 8/11/09 - View Story

  • BRIEF: Safeguard Scientifics' 1:6 stock split effective Aug.

    TradingMarkets - 8/11/09 - View Story

  • Safeguard Scientifics' 1:6 stock split effective Aug.

    Philadelphia Inquirer - 8/11/09 - View Story

  • Safeguard Scientifics' reverse stock split set

    Philadelphia Business Journal - 8/11/09 - View Story

  • Safeguard Scientifics Reports 2Q Financial Results

    TradingMarkets - 8/11/09 - View Story

  • PureSpectrum, Inc. Retains The Musser Group to Provide Corporate Consulting Services Private equity advisory firm has established history of building growth companies

    DMN Newswire - 7/08/09 - View Story

  • PureSpectrum, Inc. Retains The Musser Group to Provide Corporate Consulting Services

    Yahoo! Canada - 7/08/09 - View Story

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     SFE $9.11 +0.14 (1.56% )
Average Volume 112,266
Shares Outstanding 20.40M
Market Cap 185.9M
Year High 12.47
Year Low 0.34
Earnings Per Share 4.53
P/E Ratio 2.01
Dividend N/A
Yield N/A
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