Safeguard Scientifics New (PK) (SFES)

SFE changed to SFES. Delisted from the NYSE to the OTC:

SAFEGUARD SCIENTIFICS

SFE new 52 week low

NEWS: $SFE Safeguard Scientifics to Host A Virtual Discussion With Flashtalking

RADNOR, Pa. , Aug. 21, 2020 /PRNewswire/ --  Safeguard Scientifics, Inc.  (NYSE: SFE) ("Safeguard" or the "Company") announced that it will host a virtual discussion with John Nardone, CEO of Flashtalking at 10:00 a.m. ET on Wednesday, September 16, 2020...

Read the whole news SFE - Safeguard Scientifics to Host A Virtual Discussion With Flashtalking

News: $SFE Safeguard Scientifics' Partner Company Transactis Acquired by Mastercard

RADNOR, Pa. , May 17, 2019 /PRNewswire/ -- Safeguard Scientifics, Inc.  (NYSE: SFE) ("Safeguard" or the "Company") today announced that its partner company, Transactis, has been acquired by Mastercard (NYSE:MA).  Safeguard received total cash proceeds of approximately $57 mill...

Got this from https://marketwirenews.com/news-releases/safeguard-scientifics-partner-company-transactis-acquired-by-mastercard-8205748.html

SFE's Q3 earnings will probably be disappointing according to market estimations.

I am very disappointed in the performance of this stock. Q1 made me optimistic, but I am losing faith. Analysts say it should be at 20 by years end, but I am beginning to doubt that.

SFE +.49% on 3/13/2014

Up 1.89% on 3/11/14

Hold long!!!!

Up 1.89% on 3/11/14

Hold long!!!!

Earnings Report Posted:

Safeguard Scientifics Announces Fourth Quarter and Full-Year 2013 Financial Results
MARCH 06, 2014
Partner Company Aggregate Revenue Increased 48% in 2013 over 2012; Company Increases Share Repurchase Program; Conference Call and Webcast Today at 9:00 a.m. EST


Wayne, PA, March 6, 2014 — Safeguard Scientifics, Inc. (NYSE:SFE) today announced fourth quarter and full-year 2013 financial results. For the three months ended December 31, 2013, Safeguard’s net income was $24.0 million, or $1.10 per share, compared to net loss of $10.8 million, or $0.51 per share for the same period in 2012. For the year ended December 31, 2013, Safeguard’s net loss was $35.5 million, or $1.66 per share, compared to $39.4 million, or $1.88 per share for the same period in 2012.

“A steadfast focus on our core business is driving continued progress at Safeguard and our partner companies,” said Stephen T. Zarrilli, President and CEO at Safeguard. “In 2013, Safeguard deployed $34.1 million of capital in six new partner companies and in other early stage enterprises. In addition, we deployed $15.3 million of additional capital to support the growth of the partner companies in which we already had an interest at the beginning of the year. Since late December, we’ve completed four exit transactions involving our partner companies Alverix, Crescendo Bioscience, NuPathe and ThingWorx, generating aggregate initial cash proceeds for Safeguard of $114 million with an aggregate cash-on-cash return of 2.1x. We continue to build momentum and value in our partner companies and believe that our stable of partner companies is ripe with opportunities for future M&A and value creation events.”

“At December 31, 2013, Safeguard had deployed $171.1 million of capital into our current 19 partner companies,” said Jeffrey B. McGroarty, Senior Vice President and Chief Financial Officer at Safeguard. “Our net cash, cash equivalents and marketable securities at year-end 2013 totaled $133.7 million, after subtracting the total carrying value of debt outstanding of $49.9 million. Taking into account our recent successful well-timed exits, we embark on 2014 with continued financial strength, flexibility and liquidity.”

SHARE REPURCHASE PROGRAM

In late February 2014, Safeguard’s Board of Directors approved an increase in the Company’s share repurchase program, bringing the total authorization to $25 million. Share repurchases will be made from time to time, based on ongoing capital needs of the business, the market price of our common stock, and general market conditions. No time has been set for the completion of the repurchase program, and the program may be suspended or discontinued at any time.

RECENT EXIT TRANSACTIONS

Alverix, Inc. (San Jose, CA — Initial Revenue Stage)
On January 7, 2014, Alverix was acquired by Becton, Dickinson and Company (NYSE:BDX) for $40 million. Safeguard received cash proceeds at closing of $15.7 million, not including $1.7 million to be held in escrow for 18 months following closing. If all escrow amounts are ultimately released to Safeguard, then this will represent an approximate 1.9x cash-on-cash return. Safeguard deployed $9.4 million in Alverix since October 2007 and had a 49% primary ownership position. Click here for the completed transaction press release.

Crescendo Bioscience, Inc. (San Francisco, CA – Expansion Stage)
On February 28, 2014, Crescendo Bioscience was acquired by Myriad Genetics, Inc. (NASDAQ:MYGN) for $270 million. Safeguard received $38.4 million in cash proceeds at closing, not including $3.2 million to be held in escrow for 15 months following closing. If all escrow amounts are ultimately released to Safeguard, then this will represent an approximate 3.8x cash-on-cash return. Safeguard had deployed $11.0 million in Crescendo Bioscience since December 2012 and had a 13% primary ownership position. Click here for the completed transaction Form 8-K.

NuPathe Inc. (Malvern, PA — Development Stage)
On February 21, 2014, NuPathe was acquired by Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) for $3.65 per share, in cash. Safeguard received $23.1 million in cash proceeds at closing. In addition to the upfront cash payment, NuPathe stockholders received rights to additional cash payments of up to $3.15 per share if specified net sales of NuPathe’s migraine treatment, ZECUITY®, are achieved over time. As a result, Safeguard has the opportunity to receive an additional $24.2 million. This would increase Safeguard’s total return to approximately $47.3 million, representing a 2.0x cash-on-cash return. Safeguard had deployed $23.3 million of capital in NuPathe since September 2006 and owned 17% of NuPathe’s outstanding common shares. Click here for the completed transaction press release.

ThingWorx, Inc. (Exton, PA – Initial Revenue Stage)
On December 30, 2013, ThingWorx was acquired by PTC Inc. (NASDAQ:PTC) for approximately $112 million, plus an earn-out of up to $18 million. Safeguard received $36.4 million in cash proceeds at closing, not including $4.1 million to be held in escrow for two years following closing. If all escrow amounts are ultimately released to Safeguard, then this will represent an approximate 4.0x cash-on-cash return. Safeguard has the opportunity to receive an additional $6.5 million based on certain milestones achieved over future periods. This would increase Safeguard’s total return to approximately $47.0 million, representing a 4.7x cash-on-cash return. Safeguard had deployed $10.0 million in ThingWorx since February 2011 and had a 40% primary ownership position. Click here for the completed transaction press release.

PARTNER COMPANY AGGREGATE REVENUE GUIDANCE

At the beginning of 2013, Safeguard announced initial aggregate partner company revenue guidance of $250 million to $270 million. At the end of the third quarter 2013, Safeguard increased aggregate partner company revenue guidance to a range of $285 million to $295 million. 2013 actual partner company aggregate revenue was $292 million, up from $197 million in 2012 and $143 million in 2011.

For 2014, partner company aggregate revenue is projected to be between $345 million and $365 million. 2014 aggregate partner company revenue guidance includes revenue for partner companies in which Safeguard has an interest as of March 6, 2014. Aggregate revenue for the same partner companies for prior years was $288 million for 2013 and $202 million for 2012.

Aggregate revenue guidance for 2014 and prior years reflects revenue on a net basis. Revenue figures utilized for certain companies pertain to periods prior to Safeguard’s involvement with said companies and based solely on information provided to Safeguard by such companies. Safeguard reports the revenue of its equity and cost method partner companies on a one-quarter lag basis.

PARTNER COMPANY HIGHLIGHTS

Safeguard Partner Company Revenue Stages
Development Stage

Pre-revenue
Proving out technology
Developing prototype
Beta stage customers
Initial Revenue Stage

$0M to $5M in revenue
Initial customers
Early market penetration
Management team forming
Infrastructure being built
Expansion Stage

$5M to $20M in revenue
Commercial grade solution
Growing market penetration
Management team built out
Infrastructure in place
High Traction Stage

$20M+ in revenue
Significant commercial traction
HEALTHCARE


AdvantEdge Healthcare Solutions, Inc. (Warren, NJ — High Traction Stage)
AdvantEdge Healthcare Solutions (“AdvantEdge”) is a technology-enabled provider of healthcare revenue cycle and business management solutions that substantially improve decision-making, maximize financial performance, streamline operations and eliminate compliance risks for healthcare providers. AdvantEdge is recognized as one of the top 10 medical billing, coding and practice management companies in the U.S.; has more than 625 employees in seven regional offices in the U.S. and one office in Bangalore, India; and collects more than $1 billion annually for its physician, hospital, ambulatory surgery and large office-based clients. Safeguard has deployed $15.3 million in AdvantEdge since November 2006 and has a 40% primary ownership position.

Market Opportunity — The market for AdvantEdge’s services is estimated to be between $5 billion and $10 billion annually, which includes hospital-based physician revenue cycle management and office-based revenue cycle management.

Operating Highlights — AdvantEdge continues to gain scale through organic growth and strategic acquisitions, completing eight M&A transactions since 2007. The company’s revenue in 2013 was in excess of $40 million with positive and growing EBITDA margins.

Dabo Health, Inc. (San Francisco, CA — Initial Revenue Stage)
Dabo Health provides the healthcare community with an online visualization platform to view and track improvement in key performance metrics, collaborate across hospitals and healthcare systems, and identify and share learnings to save lives—providing a solution which enables providers and payers to improve patient care, reduce per capita cost and maximize reimbursements. Safeguard deployed $750,000 in Dabo Health in November 2013 and has an 8% primary ownership position.

Market Opportunity — Driven by the Affordable Care Act, the healthcare landscape is rapidly shifting with a heightened focus on care quality and cost containment. Dabo Health is uniquely positioned to help stakeholders achieve their quality and cost management goals. The combined addressable market for Dabo Health’s product lines is estimated to be approximately $1 billion. Dabo Health plans to monetize its health information platform by offering a subscription-based software-as-a-service model to providers and payers. Dabo Health’s target customers include the nearly 4,000 non-government community hospitals and the approximate 80 payers in the U.S.

Operating Highlights — Following a successful informal launch of its platform into 200+ hospitals throughout the U.S., Dabo Health demonstrated pilot success, which the company intends to publish in various healthcare journals in late 2014. This will be accompanied by a commercial launch that seeks to penetrate the core hospital market including for-profit and non-for-profit hospitals as well as payers who are focused on connecting with providers to manage performance and reduce costs.

Good Start Genetics, Inc. (Cambridge, MA — High Traction Stage)
Good Start Genetics is an innovative molecular genetic information company that has developed more accurate and comprehensive genetic carrier screening tests. In early 2012, Good Start Genetics launched its sequencing-based carrier screening test, GoodStart Select™, which screens for all 23 genetic disorders recommended for screening by leading medical societies and influential advocacy groups. Good Start Genetics’ next-generation DNA sequencing technology, combined with other proven genetic screening technologies, results in higher carrier detection rates regardless of ethnicity. Good Start Genetics intends to develop as a fully integrated molecular genetics information company by marketing its tests not only to fertility clinics, but also to Ob/Gyn practices and other segments of the reproductive health sector. Safeguard has deployed $12.0 million in Good Start Genetics since September 2010 and has a 30% primary ownership position.

Market Opportunity — Genetic disorders impose a significant healthcare burden on society, accounting for 11% of pediatric admissions and approximately 20% of infant mortality. Despite established recommended medical guidelines advocating genetic carrier screening on a widespread basis, approximately 1 in 100 babies are born with a genetic disorder according to the World Health Organization, many of which are severe and costly to treat. In addition, according to a 2010 publication in Reproductive Biomedicine, more than 1,000 babies are born with cystic fibrosis in the United States, annually, and the lifetime costs of an individual with cystic fibrosis is approximately $2.3 million. However, this high cost can be prevented. Preconception carrier testing can help to prevent the incidence of genetic disorders.

Operating Highlights — In 2013, Good Start Genetics received approval to conduct genetic screening in New York, making the company the first laboratory to offer extensively validated next-generation DNA sequencing-based carrier screening in New York, where nearly 25% of all reproductive health carrier screening is performed each year. In addition, Good Start Genetics’ powerful, proprietary next-generation DNA sequencing approach was validated and data was published in multiple sources including Genetics in Medicine and the Journal of Molecular Diagnostics. Subsequent to year-end, Tufts Health Plan made GoodStart Select available to its more than one million members who reside in Massachusetts and Rhode Island.

Medivo, Inc. (New York, NY — Expansion Stage)
Medivo unlocks the power of lab data to better inform treatment decisions and improve health outcomes. Medivo’s lab results search and analytics platform give healthcare providers access to more complete patient and practice-level profiles sourced from more than 150 labs, while the company’s suite of mobile apps increase patient engagement and lab testing compliance. Medivo’s services enable physicians and payers to better track and improve outcomes, while providing services for life science companies to more effectively target and measure impact. Safeguard has deployed $11.6 million in Medivo since November 2011 and has a 35% primary ownership position.

Market Opportunity — The healthcare industry spends more than $5 billion annually on data analytics. With data becoming a more important factor in healthcare, the forecast for the analytics market indicates a growth rate of 24% between 2013 and 2017. Medivo generates revenue through targeting and analytics programs, clinical services, and by creating unique messaging opportunities that lead to increased patient compliance and adherence to appropriate lab testing recommendations. Based upon current physician and patient monetization rates, the addressable market for Medivo’s products is approximately $500 million in the U.S., and approaches $1 billion worldwide.

Operating Highlights — Medivo is well-positioned for continued growth with a robust pipeline of client opportunities. Fourteen of the top 50 life sciences companies have engagements with Medivo. In addition to the Medivo Lab Value Exchange, the Medivo platform includes modules for physicians and patients with diabetes, high cholesterol, hepatitis C, chronic myelogenous leukemia (CML), low testosterone, hyperuricemia (gout), inflammatory bowel disease (Crohn’s and Colitis), growth hormone deficiency, Cushing's disease and hereditary angioedema (HAE). Initiatives are underway to continue to expand the company’s network of laboratories and health monitoring modules to include rheumatoid arthritis, hepatitis B, colon cancer, breast cancer, prostate cancer, multiple myeloma, hypothyroidism, coronary artery disease, atrial fibrillation, chronic kidney disease, and other chronic conditions.

NovaSom, Inc. (Glen Burnie, MD — Expansion Stage)
NovaSom is a medical device company that has developed the first and only FDA-cleared wireless home sleep test for Obstructive Sleep Apnea (OSA) called AccuSom® Home Sleep Test. The NovaSom home sleep testing technology and MediTrack® portal have been shown to provide in-home, clinically equivalent diagnosis of OSA at a significantly reduced cost compared to in-facility testing for uncomplicated adult OSA. Industry experts estimate that 15% of OSA diagnoses are currently made in the home, a total that should increase significantly as more insurers divert patients from more-expensive sleep lab testing. Safeguard deployed $20.0 million in NovaSom in June 2011 and has a 30% primary ownership position.

Market Opportunity — The OSA diagnostic market is estimated to be approximately $4 billion and is growing 15-20% annually. Only 3 million sufferers have been diagnosed to date, out of an estimated 40 million moderate to severe OSA sufferers.

Operating Highlights — In 2013, NovaSom appointed John Spitznagel as the company’s new CEO and as a member of its board of directors. AccuSom® is currently covered for more than 150 million commercially insured U.S. lives. NovaSom is accredited by the Joint Commission as an Ambulatory Care Sleep Diagnostic Center & Telehealth Provider, is classified by CMS as an Independent Diagnostic Testing Facility and is an Approved Out of Center Sleep Testing Supplier by the American Academy of Sleep Medicine.

Putney, Inc. (Portland, ME — High Traction Stage)
Putney is a rapidly growing specialty pharmaceutical company developing high-quality, cost-effective generic medicines for pets. Putney’s mission is to partner with veterinary practices to provide high-quality medicines that meet pet medical needs and offer cost-effective alternatives for pet owners. Safeguard deployed $10.0 million in Putney in September 2011 and has a 28% primary ownership position.

Market Opportunity — According to IMS Health, 84% of all human prescriptions in the U.S. are filled with a generic, yet very few generics exist for drugs prescribed for pets. Analysis of the FDA Center for Veterinary Medicine’s approvals reveals that 91% of FDA-approved drugs for pets have no generic equivalent. The overall size of the pet pharmaceutical market is significant. Data presented at the FTC Pet Medication Workshop in October 2012 showed that Americans spend $7 billion annually on pet medicines. According to Vetnosis, this sector is projected to grow at a compound annual growth rate of 5% per year between 2011 and 2016.

Operating Highlights —In 2013, Putney was named to the Deloitte Technology Fast 500 as one of the fastest growing companies in North America. Putney was also recognized for its excellent workplace culture by being named the number one ‘Best Place to Work’ in Maine and appearing in Fortune Magazine, listed as the Tenth Best Small/Medium Workplace in the U.S. During the fourth quarter 2013, Putney launched its fifth FDA-approved veterinary generic product, Mupirocin ointment, its third FDA-approved generic in ten months, and its third different dose form.

Quantia, Inc. (Waltham, MA — Expansion Stage)
Quantia is a leader in physician engagement and alignment. Its web-based and mobile platform, QuantiaMD, enables principal participants in healthcare to reach and engage high-value physicians in ways that ultimately reduce costs, save time, and improve quality of care. The platform blends social media, game mechanics and engagement science to help its clients—organizations such as health systems, payers, pharmaceutical companies and medical device companies—collaborate with physicians. Safeguard deployed $7.5 million in Quantia in August 2013 and has a 35% primary ownership position.

Market Opportunity — Quantia currently generates revenue through three channels: (1) life sciences sponsors who need to reach and engage physicians and health professionals in meaningful interactions; (2) hospital systems and health plans that need to communicate more effectively with physicians to meet shared objectives; and (3) fees from accredited medical associations and other commercial third parties for carrying continuing medical education programming. The scalable and secure Quantia platform has an annual addressable market estimated between $1 billion to $2 billion.

Operating Highlights — In 2013, Quantia doubled the size of the expert faculty on QuantiaMD, which now includes experts from the top 20 hospitals in the U.S. Physicians from Mayo Clinic, Memorial Sloan Kettering Cancer Center, National Jewish Health, and Northwestern Memorial Hospital partnered with QuantiaMD to deliver presentations covering various clinical, policy and performance topics. Additionally, major government organizations such as the Centers for Disease Control and Prevention, National Institutes of Health, and the U.S. Air Force joined QuantiaMD to share information ranging from identifying chronic HCV infection to highlighting the benefits of physician jobs in the military. Finally, new presenters from medical associations such as the American Academy of Family Practitioners and Society of Hospital Medicine covered topics such as building patient-centered medical homes, coding for transitional care, and care coordination for the complex medically ill. Average engagement continues to rise. A typical physician now spends 20 minutes per session consuming content and interacting with peers on QuantiaMD, making it an ideal platform to communicate and share knowledge.

Sotera Wireless, Inc. (San Diego, CA — Initial Revenue Stage)
Sotera Wireless is a medical device company that has developed a wireless patient monitoring platform called ViSi Mobile®. The FDA-approved ViSi Mobile System continuously monitors all core vital signs—heart rate or pulse rate, electrocardiogram, blood pressure, blood oxygenation level, respiration rate and skin temperature—all with a monitoring accuracy typically found in intensive care units while not restricting the patient’s mobility. ViSi Mobile is able to wirelessly transmit patient vital sign information for remote viewing and notification, as well as to interface with Electronic Medical Records. Safeguard deployed $1.3 million in Sotera Wireless in February 2013 and paid $1.2 million to acquire additional shares from a previous investor and has a 7% primary ownership position.

Market Opportunity — Sotera Wireless’ initial addressable market in the U.S. is 5,800 hospitals, or 500,000 currently not-continuously monitored beds. The company estimates that 5-7% of U.S. hospitals are considered early technology adopters. As a result, Sotera Wireless is building its pipeline by focusing its initial efforts and sales force on these institutions. The company forecasts a penetration of 20% of U.S. hospitals by 2018 and is also in the process of launching internationally.

Operating Highlights — In 2013, Sotera Wireless generated significant traction for ViSi Mobile and launched pilot studies and/or partnerships with Palomar Health and Intermountain Healthcare, to name a few. Sotera Wireless’ sales initiatives continue to result in a growing pipeline of purchase orders, requests for proposal, and product evaluations from more than 50 hospitals throughout the U.S. and Asia. Sotera Wireless also received FDA approval for its continuous non-invasive blood pressure technology, a recently added feature of ViSi Mobile.

TECHNOLOGY

AppFirst, Inc. (New York, NY — Initial Revenue Stage)
AppFirst delivers the only application-aware operational intelligence platform that enables organizations to see key information across their entire IT ecosystem. AppFirst’s data collection and aggregation is a powerful Big Data solution, collecting data across every process within any application and across all servers in real time. Customers are using AppFirst to lower IT costs, enhance security and compliance, make better business decisions based on proactive intelligence, and drive toward a new quality of service. Safeguard deployed $6.5 million in AppFirst in December 2012 and has a 34% primary ownership position.

Market Opportunity — AppFirst competes in the $2.1 billion application-performance monitoring market, where existing vendors are growing 9% per year, according to 2012 Gartner Group estimates.

Operating Highlights — In 2013, AppFirst realized significant momentum. The company integrated with PagerDuty, a SaaS alerting and incident tracking system; added Amazon CloudWatch support, delivering unparalleled visibility into Amazon Web Services infrastructure; integrated with Savi 360 to deliver powerful, enterprise-class remote monitoring capabilities; partnered with Engine Yard, a leading platform as a service (PaaS); and was named by EMA Radar Report as a value leader in advanced performance analytics.

Apprenda, Inc. (Clifton Park, NY — Initial Revenue Stage)
Apprenda is a leading enterprise PaaS powering the next generation of enterprise software development in public, private and hybrid clouds. As a foundational software layer and application run-time environment, Apprenda abstracts away the complexities of building and delivering modern software applications, enabling enterprises to turn ideas into innovations faster. With Apprenda, enterprises can securely deliver an entire ecosystem of data, services, applications and application programming interfaces to both internal and external customers across any infrastructure. Safeguard deployed $12.1 million in Apprenda in November 2013 and has a 22% primary ownership position.

Market Opportunity — Apprenda was recently named by Gartner as an early leader for private cloud enabled application platforms (“CEAP”), a new category with a potential annual market opportunity of up to $4 billion. CEAP provides PaaS functionality as a software product, allowing an enterprise to write to a platform that can be deployed in-house on their servers or externally on another vendor’s cloud.

Operating Highlights —Apprenda realized significant growth in 2013. Thirteen of the top 20 banks in the world, including JPMorgan Chase, are currently working with Apprenda. JPMorgan Chase has the largest enterprise PaaS deployment in the world with more than 3,000 apps running on the platform. Leading healthcare organizations including AmerisourceBergen, McKesson and Memorial Sloan Kettering Cancer Center are using Apprenda to create new efficiencies and revenue streams. In addition, in 2013, Gartner recognized Apprenda as the clear market leader in .NET cloud platforms and Forbes identified Apprenda as “the anti-Silicon Valley startup”. Lastly, Apprenda was named one of the “20 Coolest Cloud Platform Vendors of the Cloud 100”.

Beyond.com, Inc. (King of Prussia, PA — High Traction Stage)
Beyond.com is The CareerNetworkTM focused on helping people grow and succeed professionally. Beyond.com helps employers and more than 39 million job seekers pinpoint the most relevant opportunities based on location, industry and expertise. This is achieved through 75 unique career channels, 2,500 industry communities and 500 professional communities in the Beyond.com global network. Safeguard deployed $13.5 million of capital in Beyond.com in March 2007 and has a 38% primary ownership position.

Market Opportunity — The global Human Capital Management Market is estimated to be $85 billion. According to IDC, the U.S. recruiting market is estimated to be between $15 billion and $20 billion, while the U.S. online recruiting market is estimated to be approximately $5.3 billion with a forecasted compound annual growth rate of 4% through 2015.

Operating Highlights — During the fourth quarter 2013, Beyond.com was issued U.S. Patent 8,543,515, recognizing the invention of recruiting technology on social media platforms. Beyond.com also published results of a survey that revealed the confidence levels of job seekers as 2013 came to a close; 89% of the unemployed are confident they will find a job in 2014 and 36% will find the right job.

Bridgevine, Inc. (Vero Beach, FL — High Traction Stage)
Bridgevine is a performance based digital marketing company that has consolidated the fragmented digital media ecosystem through a proprietary up-sell and cross-sell optimization platform. Bridgevine utilizes its proprietary Acquisition and Merchandising Platform (AMP) to (a) provide insight and attribution across the digital marketing landscape of search engine optimization, search engine marketing, mobile, social and display media, and (b) perform superior up-sell and cross-sell for brands to better monetize their customers through complimentary offers delivered seamlessly into third party web and customer relationship management environments. Through these solutions, Bridgevine has delivered more than $2.5 billion in revenue to enterprise customers, including Comcast, AT&T, Time Warner Cable, CenturyLink, Constellation Energy, and DIRECTV. Safeguard has deployed $10.0 million in Bridgevine since August 2007 and has a 23% primary ownership position.

Market Opportunity — Barclays PLC estimates that the online lead generation/e-mail marketing market is expected to grow from $1.8 billion in 2012 to $2.0 billion in 2016. In addition, the market for online search-related marketing is estimated to grow from $17.7 billion in 2012 to $29.9 billion in 2016.

Operating Highlights — In 2013, Bridgevine named Wendy Thomas Chief Financial Officer, who previously worked at First Data Corporation, SecureWorks, Internap Network Services and BellSouth. In addition, the company launched a beta of its new utility enrollment platform, going direct to consumer, and expects to rollout client launches during the second quarter of 2014. Bridgevine also signed a Fortune 500 partner for its AMP targeted toward moving consumers. Lastly, the company doubled its performance metrics on its Hispanic customer acquisition program for a major client.

Clutch Holdings, Inc. (Ambler, PA — Initial Revenue Stage)
Clutch is the first and only end-to-end platform that helps brands connect, manage, engage and measure success across all touch points with their customers via in-store, online, mobile and social media. Through its Consumer Lifecycle Success platform, Clutch enables retailers to maximize the value they get from their customers by providing a comprehensive set of modular solutions to drive loyalty, increase consumer spend and reward brand advocacy. Safeguard has deployed $5.5 million in Clutch since February 2013 and has a 24% primary ownership position.

Market Opportunity — The customer success category is an emerging multi-billion dollar industry helping organizations maximize their relationships with their customers after they have paid to acquire them. The mobile wallet segment of the $30 billion mobile commerce market is highly fragmented but growing at a compound annual growth rate of nearly 31% and is estimated to total $1.6 billion by 2018. Mobile commerce is an increasingly important channel for retailers to offer shoppers cohesive, digital and in-store experiences. For example, Starbucks has processed 100 million mobile payments since 2011 and now logs 3 million U.S. mobile payments per week. In addition, comScore reported in a 2012 survey that four of five smartphone owners use their devices to shop.

Operating Highlights — The Clutch platform powers more than 40 million consumer accounts in twelve countries across 450 retailers. Through its app, which is available as a free download on iOS and Android, Clutch simplifies the consumer shopping experience by unifying shopping, gifting and loyalty experience for any retailer in one convenient application. Clutch also leverages its partnership with Mobeam to enable users to beam barcodes from their Samsung smart phones to any laser scanner.

DriveFactor, Inc. (Richmond, VA — Initial Revenue Stage)
DriveFactor provides insurance companies with a turn-key software platform that enables usage based insurance (“UBI”) programs. DriveFactor has created an elegant UBI platform that is statistically more predictive and financially more attractive for insurance companies to implement. It is also a more privacy-sensitive, financially equitable offering for consumers. DriveFactor’s smartphone telematics engine, which is fully integrated to the DriveFactor telematics platform, is available for download on iOS. Safeguard has deployed $4.5 million in DriveFactor since December 2011 and has a 41% primary ownership position.

Market Opportunity — UBI programs, also known as telematics-enabled insurance, are estimated to grow 50x and generate more than $50 billion in premiums globally by 2020, according to Ptolemus Consulting Group. In the U.S. alone, nearly one million vehicles used a form of UBI in 2012, which is expected to increase to 38 million in 2017. In Europe, where adoption is ahead of the U.S., there are already more than two million telematics subscribers in Italy alone.

Operating Highlights — DriveFactor’s programs are currently collecting driving data intelligence from drivers on five continents. Partnerships and customers currently include Direct General Corporation (U.S.), Admiral Insurance (UK), Trygg-Hansa (Sweden), Deutsche Telekom (Germany) and Orange (Switzerland). DriveFactor continues to pursue white label opportunities with other global partners.

Hoopla Software, Inc. (San Jose, CA — Initial Revenue Stage)
Hoopla provides cloud-based software that helps sales organizations inspire and motivate sales team performance. Using Hoopla’s award-winning sales motivation platform, industry leaders like Angie’s List, Box, Experian, Glassdoor, Marketo, Trulia, Xactly and Zillow are building high-performance cultures that deliver dramatic gains in sales productivity and customer satisfaction. As of December 31, 2013, Safeguard had deployed $1.8 million in Hoopla since December 2011 and has a 25% primary ownership position.

Market Opportunity — Hoopla is in the employee performance management market. Companies in the U.S. spend approximately $5 billion on employee performance software and almost $38 billion on employee incentives every year. Hoopla’s platform takes advantage of data analytics and advanced gamification techniques to enhance performance.

Operating Highlights — In 2013, Hoopla introduced its new mobile application, Hoopla Mobile, which includes Hoopla’s proprietary motivational mechanics and integrates with the customer’s CRM system, making it easy for managers to motivate employees around key business metrics. In addition, Hoopla added more than 150 new customers, including Act-On Software, Castlight Health, Forrester Research, GM Financial, The Sacramento Kings and Thomson Reuters. Subsequent to year-end 2013, Safeguard participated in Hoopla’s $8 million Series B financing, bringing Safeguard’s total capital deployment to $3.1 million. Proceeds from the financing will be used to expand sales, marketing and product development initiatives to meet growing demand for Hoopla software.

Lumesis, Inc. (Stamford, CT — Initial Revenue Stage)
Lumesis is a SaaS, cloud-based financial technology company that is dedicated to delivering software solutions and comprehensive, timely data to the muni-bond marketplace. Through sophisticated analytical tools, real-time alerts, proprietary visualization technology and content-rich reporting, Lumesis’ DIVER solutions allow professionals across the municipal market to easily identify portfolio risks and opportunities, improve customer satisfaction, ensure compliance and enable growth. Lumesis is currently engaged with a range of organizations, including some of the largest asset managers, mutual fund companies, banks and global wealth management organizations. Safeguard has deployed $4.0 million in Lumesis since February 2012 and has a 44% primary ownership position.

Market Opportunity — Lumesis today focuses on delivering its solutions to portfolio managers, investment advisors, compliance professionals, financial advisor networks and issuers/underwriters in the muni-bond marketplace, which has doubled over the past ten years. The company estimates that its current addressable market to this customer base is approximately $1 billion on an annual basis.

Operating Highlights — In 2013, Lumesis announced new partnerships with The Investment Center, LPL Financial, and TMC Bonds following the launch of its DIVER Advisor product in February 2013.

MediaMath, Inc. (New York, NY — High Traction Stage)
MediaMath is a leader in the digital marketing technology category. With twelve locations across five continents, MediaMath offers deep industry expertise that enables marketers to connect with consumers individually and at scale, across the entirety of the world’s digital media. MediaMath’s TerminalOne Marketing Operating System™ allows marketers to customize their own technology infrastructure and leverage their data in planning, execution, optimization and analysis of digital marketing programs, resulting in smarter decisions that grow their business insights, media optimization and algorithmic decisioning to execute smarter marketing campaigns. Safeguard has deployed $18.5 million of capital in MediaMath since July 2009 and has a 23% primary ownership position.

Market Opportunity — According to PwC, the worldwide digital ad spend in 2013 was projected to be $124 billion, up 18% from 2012. This market is expected to grow at a compound annual growth rate of 15.6% between 2012 and 2016. The advertising technology community viewed the September initial public offering of MediaMath competitor Rocket Fuel (NASDAQ:FUEL) as an important indicator of the growing value of sophisticated technologies that improve digital advertising performance.

Operating Highlights — MediaMath currently powers the operations for thousands of marketers, including those representing 55% of the Fortune 100. During the fourth quarter 2013, MediaMath was recognized for its rapid growth—named to the Crain’s New York Business 2013 Fast 50 list; ranked among the top 100 companies on the Deloitte Technology’s Fast 500 List. MediaMath was also recognized for its working culture—named one of Glassdoor’s Best Mid-Sized Companies to Work For in 2014; The Rayno Report named CEO Joe Zawadzki as the top ad-tech visionary. Lastly, MediaMath announced the appointment of industry pioneer Michael Lamb as Chief Commercial Officer and ad tech veteran Michael Barrett to its Board of Directors.

Pneuron Corporation (Woburn, MA — Initial Revenue Stage)
Pneuron Corporation enables organizations to rapidly solve business problems through a disruptive approach that cuts across data, applications and processes. By targeting the right information at the data source, companies are no longer faced with the complex integration and infrastructure requirements of traditional approaches. Pneuron’s innovative Distributed Solutions Platform enables customers to accelerate business value and develop reports, products and applications in half the time and cost of traditional methods. Its distributed approach is non-invasive, technology-agnostic and leverages an organization’s existing infrastructure, avoiding the deployment risks and IT concerns that are prevalent in today’s centralized data projects. Safeguard deployed $5.0 million in Pneuron in February 2013 and has a 28% primary ownership position.

Market Opportunity — The financial services industry spends approximately $10 billion per year on cloud enablement, information management software and business intelligence/analytics/collaboration, based on Forrester Research estimates. Analysts agree that Pneuron does not fit neatly into any category, and that the company is positioned to be a disruptive player across the financial services industry.

Operating Highlights — In 2013, a global insurance firm used Pneuron to reduce its claims risk analysis from a multiple-day process to one that could be accomplished in minutes. In addition, a leading financial institution leveraged Pneuron to “wrap” and execute a legacy derivatives calculation application, transforming processing time from more than three hours to less than 10 minutes without changing or rewriting the original application. A top advisory firm developed multiple regulatory solutions, including the Foreign Account Tax Compliance Act, Dodd Frank Insolvency, and Form PF, to serve as solution accelerators for its clients, shortening analysis time from months to days and enhancing regulatory transparency at a fraction of the cost of typical development programs.

Spongecell, Inc. (New York, NY — Expansion Stage)
Spongecell builds online ads that are data-driven, responsive, customizable and scalable across the web. Spongecell’s dynamic creative technology helps advertisers and their agencies build interactive ads that can be personalized to the individual consumer automatically and in real time. Spongecell builds digital ads in as little as 72 hours, allowing brands and their agencies to quickly deploy interactive ad campaigns that boost engagement and result in higher conversions. A recent internal study found that consumers who engaged with Spongecell ad units are 35 times more likely to convert than those who viewed the ad alone. Spongecell’s interactive features and short build times are available in display, in-stream and mobile formats. Safeguard deployed $10.0 million in Spongecell in January 2012 and has a 23% primary ownership position.

Market Opportunity — The size of the U.S. Internet advertising market was approximately $37 billion in 2012, with a nine-year compound annual growth rate of 19.7%. Spongecell specifically addresses the high-growth mobile, video, rich media and display sub-markets, which represent approximately one-third of the total Internet advertising market.

Operating Highlights — In 2013, Spongecell further expanded its operations on the West Coast, adding to its San Francisco-based sales team to provide better coverage for the region. The company also released a beta version of its HTML5 ad product, giving advertisers a quick and easy way to create campaigns that can run on desktop, tablet and mobile inventory, and expanded its offerings to include full rich media formats, such as overlays and expandables. For the second year in a row, Spongecell was named to Crain’s New York Business list of Best Places to Work and the Deloitte Technology Fast 500™.

CONFERENCE CALL AND WEBCAST DETAILS

Please call 10-15 minutes prior to the call to register.

Date: Thursday, March 6, 2014
Time: 9:00am EST
Webcast: www.safeguard.com/results
Live Number: 877-201-0168 // (International) 647-788-4901
Replay Number: 855 859-2056 // (International) 404 537-3406
Access Code: 34797746
Speakers: President and Chief Executive Officer, Stephen T. Zarrilli; and Senior Vice President and Chief Financial Officer, Jeffrey B. McGroarty
Format: Discussion of fourth quarter and full-year 2013 financial results followed by Q&A.
Replay will be available through April 6, 2014 at 9:00am EDT. For more information please contact IR@safeguard.com.

About Safeguard Scientifics
For more than 60 years, Safeguard Scientifics, Inc. (NYSE: SFE) has been synonymous with entrepreneurship and innovation. Founded in 1953 and based in the Greater Philadelphia area, Safeguard has a distinguished record of building market leaders by providing capital and operational support to entrepreneurs across an evolving and innovative spectrum of industries. Today, Safeguard targets healthcare companies focusing on medical technology, healthcare technology and specialty pharmaceuticals and technology companies focusing on financial technology, internet and digital media, and Enterprise 3.0. www.safeguard.com.
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Forward-looking Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. The risks and uncertainties that could cause actual results to differ materially include, among others, our ability to make good decisions about the deployment of capital, the fact that our partner companies may vary from period to period, our substantial capital requirements and absence of liquidity from our partner company holdings, fluctuations in the market prices of our publicly traded partner company holdings, competition, our inability to obtain maximum value for our partner company holdings, our ability to attract and retain qualified employees, market valuations in sectors in which our partner companies operate, our inability to control our partner companies, our need to manage our assets to avoid registration under the Investment Company Act of 1940, and risks associated with our partner companies, including the fact that most of our partner companies have a limited history and a history of operating losses, face intense competition and may never be profitable, the effect of economic conditions in the business sectors in which Safeguard’s partner companies operate, and other uncertainties described in our filings with the Securities and Exchange Commission. Many of these factors are beyond the Company’s ability to predict or control. As a result of these and other factors, the Company’s past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.



Safeguard Scientifics, Inc.
Condensed Consolidated Balance Sheets
(in thousands)

December 31, December 31,
2013 2012

Assets
Cash, cash equivalents and marketable securities $ 177,568 $ 176,986
Restricted marketable securities and cash held in escrow 5 6,444
Other current assets 1,557 2,408
Total current assets 179,130 185,838
Ownership interests in and advances to partner companies and funds 148,579 148,639
Loan participations receivable 8,135 7,085
Available-for-sale securities 15 58
Long-term marketable securities 6,088 29,059
Other assets 4,049 3,465
Total Assets $ 345,996 $ 374,144

Liabilities and Equity
Convertible senior debentures - current $ 470 $ -
Other current liabilities 7,704 7,261
Total current liabilities 8,174 7,261
Other long-term liabilities 3,683 3,921
Convertible senior debentures - non-current 49,478 48,991
Total equity 284,661 313,971
Total Liabilities and Equity $ 345,996 $ 374,144


Safeguard Scientifics, Inc.
Condensed Consolidated Statements of Operations
(in thousands except per share amounts)



Three Months Ended December 31, Twelve Months Ended December 31,
2013 2012 2013 2012



Operating expenses $ 4,720 $ 4,792 $ 21,644 $ 19,473
Operating loss (4,720 ) (4,792 ) (21,644 ) (19,473 )

Other income (loss), net 6,574 1,344 383 9,338
Interest, net (533 ) (531 ) (1,657 ) (2,710 )
Equity income (loss) 22,646 (6,829 ) (12,607 ) (26,517 )

Net income (loss) before income taxes 23,967 (10,808 ) (35,525 ) (39,362 )
Income tax benefit (expense) - - - -
Net income (loss) $ 23,967 $ (10,808 ) $ (35,525 ) $ (39,362 )






Net income (loss) per share:
Basic $ 1.10 $ (0.51 ) $ (1.66 ) $ (1.88 )
Diluted $ 0.99 $ (0.51 ) $ (1.66 ) $ (1.88 )

Average shares used in computing net income (loss) per share:
Basic 21,708 21,091 21,362 20,974
Diluted 25,185 21,091 21,362 20,974


Safeguard Scientifics, Inc.
Segment Results
(in thousands)


Three Months Ended December 31, Twelve Months Ended December 31,
2013 2012 2013 2012


Operating Loss
Healthcare $ - $ - $ - $ -
Technology - - - -
Penn Mezzanine (2 ) (4 ) (15 ) (10 )
Total segment results (2 ) (4 ) (15 ) (10 )
Other items (a) (4,718 ) (4,788 ) (21,629 ) (19,463 )
$ (4,720 ) $ (4,792 ) $ (21,644 ) $ (19,473 )


Net income (loss)
Healthcare $ 1,102 $ 5,331 $ (32,563 ) $ (6,660 )
Technology 28,889 (1,582 ) 20,899 (119 )
Penn Mezzanine (285 ) (1,476 ) 888 (1,136 )
Total segment results 29,706 2,273 (10,776 ) (7,915 )
Other items (a) (5,739 ) (13,081 ) (24,749 ) (31,447 )
Net income (loss) $ 23,967 $ (10,808 ) $ (35,525 ) $ (39,362 )

(a) Other items includes corporate expenses and private equity fund activity.



Safeguard Scientifics, Inc.
Partner Company Financial Data
(in thousands)

Additional Financial Information

To assist investors in understanding Safeguard and our 22 partner companies as of December 31, 2013, we are providing additional financial information on our partner companies, including the aggregate cost and carrying value for all of our partner companies and other holdings. Carrying value of an equity method partner company represents the original acquisition cost and any follow-on funding, plus or minus our share of the earnings or losses of each company, reduced by any impairment charges. The carrying value and cost data reflect our percentage holdings in the partner companies and reflect both equity ownership interests in and advances to those partner companies.

December 31,
2013

Carrying Value Cost
Safeguard Carrying Value and Cost
Equity method $ 109,358 $ 177,249
Cost method 14,280 14,280
Fair value method 20,057 23,324
Other holdings 4,884 36,285
$ 148,579 $ 251,138

- See more at: http://ir.safeguard.com/investor-relations/press-releases/press-release-details/2014/Safeguard-Scientifics-Announces-Fourth-Quarter-and-Full-Year-2013-Financial-Results/default.aspx#sthash.Jn8zbyJv.dpuf

Positive Earnings mean positive PPS.

~ Monday! $SFE ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $SFE ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=SFE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=SFE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=SFE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SFE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SFE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SFE
Finviz: http://finviz.com/quote.ashx?t=SFE
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<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=SFE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

*DJ Safeguard Scientifics To Buy Back Up To $10M In Common
Shares

another nice earnings report.. up almost a buck today

News for 'SFE' - (Tengion Appoints Scott Flora to Board of Directors)


EAST NORRITON, Pa., Sept. 28, 2011 /PRNewswire via COMTEX/ -- Tengion, Inc.
(Nasdaq: TNGN) today announced that it has appointed industry veteran Scott
Flora to its Board of Directors. Mr. Flora brings to Tengion more than 20 years
of experience building and managing successful wound healing and surgical device
businesses. He most recently served as Global Business Unit President of
Surgical Devices at Covidien.

Tengion also announced today that Gary Kurtzman, M.D., Managing Director, Life
Sciences Group at Safeguard Scientifics, Inc., is stepping down from the Tengion
Board of Directors after three years of service. Safeguard Scientifics was a
private venture capital investor in Tengion, participating in the Company's
Series C round in November 2008.

"We are excited to welcome Scott with his extensive industry experience and
expertise to Tengion's Board. As we continue to advance our regenerative
medicine product candidates, his perspectives on strategic collaborations,
product development, and new product launches in the medical and surgical device
arenas will be invaluable resources for our Board and the Company," said David
Scheer, Chairman of the Tengion Board of Directors. "We are also extremely
thankful and appreciative of Gary's contributions and counsel to the Board. He
has been a committed supporter of Tengion and our programs."

Mr. Flora spent five years at Covidien, a leading global provider of healthcare
products, where he led one of its largest units and significantly grew its
business through new product development and strategic mergers and acquisitions.
His team included 10,000 employees, a global sales force of 1,000, seven
manufacturing sites and four R&D facilities. Prior to Covidien, Mr. Flora spent
fifteen years at Smith & Nephew, most recently serving as President/General
Manager of Orthopedics Reconstruction. Mr. Flora earned his B.S. from Milliken
University and is today a member of the university's Board of Trustees. He has
also completed programs at INSEAD, Wharton and Yale.

"Tengion is advancing an exciting platform and I believe that there is a real
opportunity at the Company to build collaborations, create new markets and
ultimately to benefit patients," said Mr. Flora. "I look forward to working
closely with the Board and the management team to help realize Tengion's full
potential."

About Tengion

Tengion, a clinical-stage biotechnology company, has pioneered the Organ
Regeneration Platform(TM) that enables the Company to create proprietary product
candidates that are intended to harness the intrinsic regenerative pathways of
the body to produce a range of native-like organs and tissues. Tengion's product
candidates seek to eliminate the need to utilize other tissues of the body for a
purpose to which they are poorly suited, procure donor organs or administer
anti-rejection medications. An initial clinical trial is ongoing for the
Company's lead product candidate, the Neo-Urinary Conduit(TM), an autologous
implant that is intended to catalyze regeneration of native-like bladder tissue
for bladder cancer patients requiring a urinary diversion following bladder
removal. The Company's lead preclinical candidate is the Neo-Kidney Augment(TM),
which is designed to delay or prevent the need for dialysis or transplantation
in patients at risk for kidney failure. Tengion has also applied its technology
in two Phase II clinical trials for Tengion's Neo-Bladder Augment(TM) for the
treatment of neurogenic bladder. Tengion has worldwide rights to its product
candidates.

Forward-Looking Statements

Certain statements set forth above may constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995,
including, but not limited to the Company's: (i) plans to develop and
commercialize its product candidates, including the Neo-Urinary Conduit and the
Neo-Kidney Augment; (ii) expectations regarding the initial clinical trial of
the Neo-Urinary Conduit; and (iii) expectations regarding planned preclinical
studies of the Neo-Kidney Augment. Although Tengion believes that these
statements are based upon reasonable assumptions within the bounds of its
knowledge of its business and operations, there are a number of factors that may
cause actual results to differ from these statements. For instance there can be
no assurance that: (i) the Company's Neo-Urinary Conduit clinical trial will not
be placed on clinical hold by the Food and Drug Administration, or FDA; (ii)
patients enrolled in the Company's Neo-Urinary Conduit clinical trial will not
experience additional adverse events, which could delay clinical trials or cause
the Company to terminate the development of the Neo-Urinary Conduit; (iii) the
Company will be able to successfully enroll patients in its clinical trials,
including its initial clinical trial for the Neo-Urinary Conduit; (iv) the
results of the clinical trial for the Neo-Urinary Conduit will support further
development of that product candidate; (v) data from the Company's ongoing
preclinical studies will continue to be supportive of advancing its preclinical
product candidates; (vi) the Company will be able to progress its product
candidates that are undergoing preclinical testing, including the Neo-Kidney
Augment, into clinical trials; and (vii) the Company will be able to obtain the
capital it needs to develop its product candidates and continue its operations.
For additional factors which could cause actual results to differ from
expectations, reference is made to the reports filed by the Company with the
Securities and Exchange Commission under the Securities Exchange Act of 1934, as
amended. The forward looking statements in this release are made only as of the
date hereof and the Company disclaims any intention or responsibility for
updating predictions or expectations in this release.

SOURCE Tengion, Inc.

SFE $14... Several ggod biotechs under its umbrella:
Safeguard Scientifics Announces Second Quarter 2011 Financial Results
6:00a ET July 27, 2011 (Business Wire)

Safeguard Scientifics, Inc. (NYSE: SFE), a holding company that builds value in growth-stage life sciences and technology companies, today announced results of operations for the second quarter of 2011.

Consolidated net income in the second quarter of 2011 was $121.8 million, or $5.87 per share, compared with net income of $2.7 million, or $0.13 per share, in the second quarter of 2010. For the six months ended June 30, 2011, net income was $112.8 million, or $5.45 per share, versus a net loss of $19.1 million, or $0.93 per share, in the same period of 2010. The quarter's income was principally due to the sale of life sciences partner company, Advanced BioHealing.

"During the second quarter of 2011, we deployed $45.8 million in new and existing partner companies while we realized $145.4 million, including $7.6 million held in escrow, through the sale of life sciences partner company, Advanced BioHealing, to Shire," said Peter J. Boni, President and Chief Executive Officer. "Yesterday, we announced the completed sale of technology partner company Portico Systems to McKesson for $90 million, of which Safeguard expects to receive $38.1 million. In light of our continued success and commitment to execute against our game plan, it's also important to look at the bigger picture as it relates to Safeguard's current management team's track record."

Boni continued, "Since January 2006, Safeguard has deployed approximately $268 million and realized approximately $631 million through the sale of partner companies and private-equity holdings that represented transactions undertaken and value built by Safeguard's current management team. The sale of partner companies Advanced BioHealing, Avid Radiopharmaceuticals, Clarient and Portico Systems to Shire, Eli Lilly, GE Healthcare, Eli Lilly, and McKesson, respectively, represents well-timed exits with top-tier multinational acquirers yielding cash-on-cash returns ranging from 3x to 13.5x. Despite this recent success, we continue to remain focused and disciplined in the execution of our game plan to drive value for our partner companies and our shareholders."

Stephen T. Zarrilli, Senior Vice President and Chief Financial Officer, said, "Safeguard's improving financial strength and flexibility continues to drive our business forward, enabling us to provide capital and operational support to high-potential, growth-stage businesses. The company's balance of cash, cash equivalents and marketable securities at June 30, 2011 increased to $263 million, excluding amounts held in escrow and restricted cash, from $174 million at March 31, 2011. Outstanding debt at June 30, 2011 was $45.4 million, down from $75.6 million at the same time last year due to the repurchase of substantially all of Safeguard's convertible notes due in 2024. As a result, Safeguard's debt-to-equity ratio is now 1:8."

Safeguard and its partner companies remain well-positioned for continued revenue traction and value creation in 2011 and beyond. For 2011, Safeguard projects aggregate partner company revenue for its technology group to be in the range of $180 million to $190 million, representing 29% to 36% growth year-over-year, and unchanged since the beginning of the year. Following the sales of Clarient and Advanced BioHealing, our remaining life sciences partner companies are either in the pre-revenue or early commercialization stages. Accordingly, we do not expect significant revenue to be generated by these companies until they are further along in their development, nor do we consider revenue a significant indicator of their near-term progress. For 2011, Safeguard projects aggregate partner company revenue for its life sciences group to be approximately $12 million. As a reminder, Safeguard reports the revenue of its partner companies on a one-quarter lag.

LIFE SCIENCES PARTNER COMPANIES HIGHLIGHTS

Alverix, Inc. produces novel, handheld and pocket-sized medical diagnostic instruments that enable central laboratory-quality results to be achieved in the physician offices, laboratory outreach locations, retail clinics and homes where test information is critical to patient care. Alverix and Becton, Dickinson and Co. are collaborating to develop point-of-care assay systems that improve infectious-disease diagnoses. The company remains focused on growing its platform of partners pending FDA clearance for its first instrument, which could lead to domestic sales in 2011. Safeguard has deployed $7.1 million of capital in Alverix since October 2007 and has a 50% primary ownership position.

Good Start Genetics, Inc. is a diagnostic company that is developing a more accurate and comprehensive pre-pregnancy genetic test based on proprietary gene sequencing technology, designed to replace single-disorder-only tests currently on the market. The company's offering is expected to launch in late 2011 and will allow improved identification of carriers of heritable genetic disorders, enabling physicians to help prospective parents make more knowledgeable medical decisions before conception. Operating in a fast-growing $4.7 billion segment of the U.S. clinical laboratory testing market, Good Start Genetics' platform may also be a valuable tool in oncology, cardiovascular and/or adult genetic disorder applications. Safeguard deployed $6.8 million of capital in Good Start Genetics in September 2010 and has a 26% primary ownership position.

Molecular Biometrics, Inc., a diagnostic company, withdrew its first product from the market. The company will need significant additional funding before it would be able to re-launch the product. Safeguard does not intend to fund any such relaunch. Safeguard has deployed $10.0 million of capital in Molecular Biometrics since September 2008 and has a 35% primary ownership position.

NovaSom, Inc. is a diagnostic service provider of home testing and evaluation of sleep-disordered breathing, which includes obstructive sleep apnea (OSA). NovaSom's Home Sleep Test has Medicare approval and FDA clearance for diagnosis of OSA in adults, a fast-growing $4 billion domestic market. The company has integrated the system into a cloud-based, collaborative patient management platform for physicians and payers. During the quarter, Safeguard led a $35 million equity financing round for NovaSom. Proceeds will be used to fund growth and increase penetration of payer and provider markets. Safeguard deployed $20 million in NovaSom in June 2011 and has a 34% primary ownership position.

NuPathe Inc. (Nasdaq: PATH) is a specialty pharmaceutical company that develops and commercializes branded therapeutics for diseases of the central nervous system. Earlier this year, the FDA accepted NuPathe's NDA for its lead product candidate, Zelrix, a single-use transdermal sumatriptan patch being developed to treat acute migraine. Zelrix is the first ever submission to the FDA of a transdermal patch for the treatment of migraine. The company is preparing for commercial launch of Zelrix in 2012. During the second quarter, the company presented long-term data that supports the headache relief and nausea improvement in patients using Zelrix. NuPathe also was granted a patent for its migraine patch, added seasoned sales and marketing executives to its commercial team, and received a $10 million term loan under its secured credit facility. NuPathe has two additional proprietary product candidates -- one for the continuous symptomatic treatment of Parkinson's disease, and another for the long-term treatment of schizophrenia and bipolar disorder, both in preclinical development. NuPathe's initial public offering of common stock in August 2010 raised $50 million in gross proceeds. Safeguard has deployed $18.3 million of capital in NuPathe since September 2006 and owns 18% of its outstanding common shares.

PixelOptics, Inc. is a medical technology company that developed and has begun to commercialize emPower!, the world's first and only electronically focusing prescription eyewear. emPower! is a significant advancement in prescription eyewear, using dynamic focusing technology to change focus automatically and silently without moving parts, and reducing or eliminating perceived distortion and other limitations associated with multifocal lenses. emPower! will compete for a share of the annual $13 billion progressive lens market, where more than 50 million pairs are sold. Safeguard deployed $25 million in PixelOptics in April 2011 for a 25% primary ownership position.

Tengion Inc. (Nasdaq: TNGN) is a clinical-stage, organ-regeneration company with programs for urologic, renal and gastrointestinal regeneration based on its proprietary Autologous Organ Regeneration Platform(TM). During the third quarter, Tengion expects to submit to the FDA additional clinical data and proposed modifications to the surgical approach for Neo-Urinary Conduit(TM), the company's lead product candidate in bladder cancer patients requiring a urinary diversion after bladder removal. The Neo-Urinary Conduit was granted orphan-drug designation by the FDA and entitling Tengion to seven years of U.S. marketing exclusivity pending regulatory approval. The company also expects to meet with the FDA in late 2011 regarding the path to clinical trials for its Neo-Kidney Augment development program for patients with advanced chronic kidney disease. Safeguard has deployed $9.0 million in Tengion since October 2008, and presently owns approximately 2.5% of the company's outstanding common shares.

TECHNOLOGY PARTNER COMPANIES HIGHLIGHTS

AdvantEdge Healthcare Solutions, Inc. (AHS) is one of the nation's top 10 providers of medical billing and practice management services for physicians, ambulatory surgery centers, and other healthcare providers. The company's proven, proprietary software delivers outsourced billing solutions to hospital-based physician groups, large office-based medical practices and surgery centers. AHS' state-of-the-art technology efficiently collects financial information and speeds reimbursement of third-party claims and patient payments, enabling physicians to maximize revenue and decrease their billing and practice management costs. Revenue in 2010 increased 115% from 2009 and the company expects continued growth in 2011. AHS continues to gain meaningful scale through organic growth and strategic acquisitions. The company has completed four acquisitions since mid-2009. The U.S. market opportunity is large with fewer than 20% of physician practices outsourcing billing and practice management. Safeguard has deployed $15.3 million of capital in AHS since November 2006 and has a 40% primary ownership position.

Beyond.com, Inc. is the largest network of niche career communities, providing access to thousands of top-tier industry and local websites in the U.S. and Canada. The Beyond.com Network of websites accounts for more than 12.5 million resumes and powers portals for some of the Internet's best-known and well-established career brands and media publishers. More than 25 million job seekers now use its network. During the second quarter, the company added to its sales and marketing staff, opened a sales office in Indianapolis and announced downloads of its mobile job-search applications have exceeded 1 million. Beyond.com's revenues continue to grow steadily. Safeguard has deployed $13.5 million of capital in Beyond.com since March 2007 and has a 38% primary ownership position.

Bridgevine, Inc. acquires customers for Internet, phone, television, wireless, entertainment and other service providers and advertisers through its intelligent online shopping engine and marketing platform. Improvements to Bridgevine's technology platform contributed to solid growth in 2010 revenues and growth continues in 2011. Safeguard has deployed $10.0 million of capital in Bridgevine since August 2007 and has a 23% primary ownership position.

MediaMath, Inc. provides enterprise-class technology and services to advertisers and their agencies to make more efficient, effective and profitable marketing decisions. MediaMath brings together all digital media and data across billions of daily impressions, providing a powerful and flexible platform that simplifies planning, execution, optimization and analytics. The company was first to market with its technology in 2007 and continues to build on its advantage. In 2010, MediaMath increased revenues 150% from 2009 and launched its enhanced media buying platform, TerminalOne(TM), with a user interface that allows marketers to directly manage campaigns according to specific objectives. MediaMath revenue continues to grow at a double-digit rate in 2011 while the company expands its domestic and international operations in Los Angeles, Chicago, Boston, Washington, D.C., Ontario, Canada and London. Additional offices are planned later in 2011 in Latin America and Asia. MediaMath has been recognized by OnMedia, Silicon Alley Insider and Ernst & Young as one of the top 100 private companies globally. Safeguard has deployed $15.7 million of capital in MediaMath since July 2009 and has a 23% primary ownership position.

SafeCentral, Inc. is a developer of security software applications and technologies for data loss prevention for enterprise, commercial banking and individual consumer markets. Due to changes in the strategic direction of the business and changes in executive management at SafeCentral, Safeguard recognized an impairment charge in the first quarter of this year. Safeguard has deployed $9.3 million of capital in SafeCentral since April 2006 and has a 20% primary ownership position.

Swap.com is leading the swap movement in online and offline communities across the world. With a growing user base of more than 1.1 million members, Swap.com brings people together to swap stuff through its award winning website, local events, homes, schools, and co-branded partnerships. Nearly 4 million swaps have been initiated. In addition, the company recently launched the Swap.com Mobile App for the iPhone, which has already been downloaded by more than 25,000 users. The free Swap.com Mobile App integrates bar code scanning technology to enable frictionless entry of items and instant access to Swap.com's current inventory of 15 million items. Safeguard has deployed $8.1 million of capital into Swap.com since July 2008 and has a 46% primary ownership position.

ThingWorx is a software platform designed to accelerate development of applications connecting people, systems and devices, amplifying productivity through collective intelligence and user-driven information. The platform's ability to link people and systems with the physical world unlocks value in manufacturing, utilities and energy, as well as in smart homes, cities, agriculture, transportation, and infrastructure. During the second quarter, ThingWorx acquired Palantiri Systems, provider of the AlwaysOn(TM) software platform that enables collaboration between intelligent machines. The combination is expected to allow manufacturers and end-users of intelligent equipment to model and deploy solutions quickly, either in data centers or the cloud. Safeguard deployed $5 million in ThingWorx in February 2011 for a 31% primary ownership position.


SAFEGUARD SCIENTIFICS SECOND QUARTER 2011 CONFERENCE CALL
Please call at least 10 minutes prior to the call to register.
Date: Wednesday, July 27, 2011
Time: 9:00am EDT
Webcast: www.safeguard.com/results
Conference ID#: 83117378
Call-in Number: 800-537-0745
(International) +678-825-8236
Replay Number: 855-859-2056
(International) +404-537-3406
Replay available through August 27, 2011 at 11:59 pm EDT
Podcast: www.safeguard.com/podcast
Available
approximately 24 hours after the conclusion of the call
Speakers: President and CEO Peter
J. Boni; Senior Vice President and CFO Stephen
T. Zarrilli
Format: Discussion of second quarter 2011 financial results
followed by Q&A.



For more information, please contact IR@safeguard.com.

UPCOMING EVENTS


Aug 10-12 - The
MoneyShow, San Francisco, CA
Sep 11-13 - Rodman
& Renshaw Annual Global Investment Conference, New
York, NY



About Safeguard Scientifics

Founded in 1953 and based in Wayne, PA, Safeguard Scientifics, Inc. (NYSE: SFE) provides growth capital for entrepreneurial and innovative life sciences and technology companies. Safeguard targets life sciences companies in Molecular and Point-of-Care Diagnostics, Medical Devices, Regenerative Medicine, Specialty Pharmaceuticals and selected healthcare services, and technology companies in Internet / New Media, Financial Services IT, Healthcare IT and selected business services with capital requirements of up to $25 million. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings. For more information, please visit our website at www.safeguard.com, our blog at blog.safeguard.com or you can follow us on Twitter at twitter.safeguard.com or on LinkedIn at linked.safeguard.com.

frankie_fillet Member Profile frankie_fillet Member Level Share Wednesday, March 21, 2007 12:43:46 PM
Re: None Post # of 142
Breaking the 3.00 again.. B^)

Portfolio company Advanced Biohealing filed an IPO. No details yet. On Feb 14 Stifle Nicolaus estimated SFE's 28% share had a market value of $187 million. SFE"s investment in 2007 was $10.8 million.

bob

WOWZA FLYING HIGH TODAY...

THIS DOG HAS MADE IT TO WESTMINSTER

down .78... nice swings with this one... B^)

+.58

+.33 to 14.10... or there abouts..nice morning.

ANOTHER nice .20+ cent day...

pierced that 14 dollars nicely...

real

Positive Interim Results From Phase III Trial of Amyloid Imaging Agent Florbetapir F18 Presented at American Academy of Neuro...

Avid Radiopharmaceuticals, Inc. (“Avid”) today announced the presentation of interim data from its landmark florbetapir “Image-to-Autopsy” Phase III study. These data come from the first cohort of subjects in the trial and are the first ever Phase III results for an agent designed to image Alzheimer’s disease pathology. Today, Alzheimer’s disease can only be definitely diagnosed by microscopic detection of beta-amyloid at autopsy. The goal of Avid’s Phase III trial is to test the ability of florbetapir to image beta-amyloid in living patients.

The interim data showed that florbetapir PET imaging results in patients correlated with the levels of beta-amyloid pathology later found in their brains at autopsy. Dr. Adam Fleisher, Associate Director of Brain Imaging at Banner Alzheimer’s Institute, presented the analysis at the 2010 Annual Meeting of the American Academy of Neurology in Toronto, ON.

Dr. Fleisher commented “These preliminary results are very encouraging for the field of amyloid imaging and the future management of Alzheimer’s disease. The data suggest that florbetapir imaging may offer an opportunity to detect amyloid plaques in-life. Knowing if a patient has Alzheimer’s pathology might lead to better patient management -- for example, if a patient has memory loss but no amyloid pathology, we could rule-out Alzheimer’s disease, and instead focus on looking for other causes for their symptoms.”

Dr. Fleisher reported the results from the analysis of the first six subjects of the florbetapir “Image-to-Autopsy” Phase III study. The data from this cohort demonstrated that the florbetapir PET images correlated strongly with the post mortem histopathology findings. The PET images not only correctly identified which subjects had beta-amyloid deposits, but also showed where in the brain the deposits had accumulated. The full trial data are expected to be available later this year.

Avid’s florbetapir was the first beta-amyloid imaging compound to enter multi-center, IND clinical studies in the U.S., and has now been studied in more than a dozen trials in over 700 subjects ranging from cognitively normal individuals to those with Alzheimer’s dementia. As well as the pivotal Phase III Image-to-Autopsy study, additional clinical studies in the E.U., South America, Australia and Asia are also being conducted.

About Alzheimer’s Disease and Beta-Amyloid Plaque Deposits

Alzheimer’s disease, a chronic neurodegenerative condition that currently affects over 5 million Americans1, cannot be definitively diagnosed until after death, when a brain autopsy is performed on a patient and evidence of beta-amyloid plaque deposits in the brain – which are a hallmark pathology of the disease – can be found. Accurate diagnosis during life can be challenging, particularly in the early stages of disease, when symptoms are mild and non-definitive and can be mistaken for those of other treatable conditions. Florbetapir, used with positron emission tomography (PET) technology is being assessed for the ability to detect beta-amyloid plaque deposits in-vivo, potentially offering clinically useful diagnostic insight at an early stage.

About Avid Radiopharmaceuticals, Inc.

Avid Radiopharmaceuticals is a leader in the development of molecular imaging products with the potential for earlier and more effective detection, diagnosis and monitoring of major chronic human diseases. Based in Philadelphia, PA, the company is a pioneer in the development of molecular imaging agents for Alzheimer’s disease that could lead to earlier diagnosis and better evaluation of drugs designed to prevent or reverse beta-amyloid plaque build-up in the brain. As well as florbetapir, Avid is currently conducting Phase I and II trials with 18F-AV-133 for imaging the vesicular monoamine transporter (VMAT2) in diseases involving dopaminergic degeneration (Parkinson’s disease and Dementia with Lewy Bodies) and beta cell dysfunction (Type I and Type II Diabetes Mellitus). More information about Avid is available at www.avidrp.com.

1 Source: Alzheimer's Association 2010 Alzheimer's Disease Facts and Figures

anyone up for 14 dollars... weeeeeeee for sfe.

its been fun.. mod slot is up for grabs.. been a long run and this dog went from a puppy to the big time..

gl

real

up almost a quarter this morning .. nice...

Safeguard Scientifics Announces $47 Million Debt Exchange
Safeguard Scientifics, Inc. (NYSE: SFE), a holding company that builds value in growth-stage life sciences and technology companies, today announced that it has entered into privately negotiated agreements with certain institutional holders of an aggregate of approximately $47 million in face value of its 2.625% senior convertible debentures due 2024 to exchange the debentures held by such holders for a like face amount of newly issued 10.125% senior convertible debentures, due 2014. The remaining $31 million outstanding face amount of the 2024 debentures will remain outstanding.

“This exchange transaction is an important element in the continued strengthening of our balance sheet,” said Peter J. Boni, Safeguard President and Chief Executive Officer. “As we have previously stated, we have been considering restructuring, refinancing or repaying our existing 2024 debentures on or before March 2011, the first put date for such instruments. This transaction gives us enhanced financial flexibility prior to that date.”

In 2004, Safeguard issued $150 million of the 2024 debentures with a maturity date of March 15, 2024. Holders of the 2004 debentures have the right to require repurchase of the debentures at face value, plus accrued and unpaid interest, in March of 2011, 2014 or 2019. Since 2006, Safeguard has repurchased $71.8 million in face value of the debentures at an average 21% discount to face value.

The new debentures will mature in March 2014, bear interest at an annual rate of 10.125% and are convertible, subject to certain restrictions, into shares of Safeguard common stock. The effective conversion price per share is $16.50. Upon a conversion of these debentures, the Company has the right to settle the conversion in stock, cash or a combination thereof.

“By establishing a 2014 maturity date for the new debentures, we are better matching our long term debt obligations with our exit expectations regarding our partner company interests, our continuing cash deployment plans and other pursuits of ancillary sources of capital. We also feel that the flexibility to settle all or a part of these obligations using stock, cash or combination thereof in the event of a conversion is advantageous to our shareholders in managing potential dilution,” said Stephen T. Zarrilli, Safeguard Senior Vice President and Chief Financial Officer.

Under certain circumstances, the Company has the right to force the conversion of these instruments after the second anniversary should it be appropriate for the Company. The forced conversion would require that the Company compensate the holders for any interest due through maturity.

The transaction is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) pursuant to Section 3(a)(9) of the Securities Act. It is intended that the exchange transaction will close in late March or early April following the qualification of the related indenture under the Trust Indenture Act of 1939. The Company will file an Application for Qualification of the Indenture under the Trust Indenture Act on Form T-3 with the SEC. The form of the indenture will be attached thereto. All material terms of the new debentures will be set forth in, and the exchange agreements will be attached as exhibits to, a Current Report on Form 8-K to be filed by the Company with the SEC.

Stifel Nicolaus & Company, Inc. is acting as the Company’s exclusive financial advisor in connection with the exchange transaction.

No Solicitation

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Safeguard Scientifics

Founded in 1953 and based in Wayne, PA, Safeguard Scientifics, Inc. (NYSE: SFE) provides growth capital for entrepreneurial and innovative life sciences and technology companies. Safeguard targets life sciences companies in Molecular and Point-of-Care Diagnostics, Medical Devices, Regenerative Medicine and Specialty Pharmaceuticals, and technology companies in Internet / New Media, Financial Services IT and Healthcare IT with capital requirements of up to $25 million. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings. For more information, please visit our website at www.safeguard.com or our blog at blog.safeguard.com.

Forward-looking Statements

Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. The risks and uncertainties that could cause actual results to differ materially, include, among others, managing rapidly changing technologies, limited access to capital, competition, the ability to attract and retain qualified employees, the ability to execute our strategy, the uncertainty of the future performance of our companies, acquisitions and dispositions of companies, the inability to manage growth, compliance with government regulations and legal liabilities, additional financing requirements, the effect of economic conditions in the business sectors in which our companies operate, and other uncertainties described in the Company's filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.

wow up .72 cents for the DAY!

wowza another .48 cents to the UPSIDE..

REAL

SFE still working on a nice move that started in feb... good going.

real

really nice break over 12 bucks.. gl to all that are in...

real

VERY NICE ACTION TODAY

News for 'SFE' - (Five Consecutive Years of Growth for Portico Systems
Integrated Provider Management Solutions Position Health Plans for Competitive
Advantage in a Post-reform Market)


PHILADELPHIA, Jan 20, 2010 (BUSINESS WIRE) -- Portico Systems, the leader in
Integrated Provider Management (IPM) solutions, reports the fifth consecutive
year of double digit growth in 2009 as it expands its market presence by helping
health insurance companies achieve greater efficiency, administrative cost
savings and improved provider relationships. Portico increased its client base
to 35+ healthcare companies and has a strong pipeline to drive continued growth
throughout 2010.

The growth is attributed to the increasing number of health plans investing in
IPM solutions as well as several strategic investments in advanced provider
contract management and reimbursement solutions that address impending changes
in the healthcare market such as 5010 and healthcare reform.

"The health insurance industry can look to Portico's substantial assets to
capitalize in the post reform world," said Ned Moore, CEO, Co-founder and
Chairman of the Board of Portico Systems. "We offer key building blocks that
enable greater flexibility with provider networks so plans can create
competitive products and reimburse providers based on the performance and
quality of the services provided to their members. That is how plans will thrive
in the changing healthcare market."

Portico Systems has several open positions; please visit
www.porticosys.com/porticosys/career_opportunities to learn more.

About Portico Systems

Portico Systems (www.porticosys.com) offers the leading Integrated Provider
Management solution for health plans. Our modular end-to-end IPM platform is the
result of our exclusive focus on provider management and extensive provider
network experience. Portico's platform is used by health plans to reduce
administrative, medical and IT costs through automating all provider processes
and interactions. Portico also delivers higher levels of provider satisfaction
and member loyalty through the improvement of a health plan's provider
operations. Portico Systems is a partner company of Safeguard Scientifics, Inc.
(NYSE:SFE) www.safeguard.com.

SOURCE: Portico Systems

wow awsome for a new years start.. +.78

WOW NICE MOVE TODAY FOR NEW YEARS.

these guys have to get the fda on board... or its normal chart cycles... still good swings.

WAYNE, Pa., Oct 30, 2009 (BUSINESS WIRE) -- Safeguard Scientifics, Inc.
(NYSE:SFE), a holding company that builds value in growth-stage life sciences
and technology companies, today announced that it will release its financial
results for the third quarter ended September 30, 2009 prior to market open on
Wednesday, November 4, 2009.

SFE ON FIRE AGAIN!

REAL

this puppy seems to be headed the big tent... its now a big dog...

real

CONFERENCE CALL TIME...

News for 'SFE' - (Safeguard Scientifics to Present at Upcoming Investor
Conferences)


Sep 12, 2009 (Close-Up Media via COMTEX) -- Safeguard Scientifics, Inc. has
announced that it will be presenting at the following investor conferences thru
November 2009.

In a release, the Company noted event details:

Rodman & Renshaw 11th Annual Healthcare Conference - Safeguard Scientifics is
presenting on Wednesday, September 9, at 3:15pm EDT at the New York Palace
Hotel.

G6: ThinkEquity's 6th Annual Growth Conference - Safeguard Scientifics is
presenting on Tuesday, September 15, at 7:30am PDT at The St. Regis in San
Francisco. The presentation will be webcast at safeguard.com/thinkequity.

Maxim Group 3rd Annual Growth Conference - Safeguard Scientifics is presenting
on Tuesday, September 29, at 1:30pm EDT at the Grand Hyatt Hotel in New York.
The presentation will be webcast at safeguard.com/maxim.

William Blair 3rd Annual Emerging Growth Stock Conference - Safeguard
Scientifics is presenting on Tuesday, October 6, at the Waldorf=Astoria Hotel in
New York.

Safeguard Scientifics Investor Day 2009 - Safeguard Scientifics is hosting
Investor Day 2009 on Wednesday, October 7, starting at 8am EDT at The Yale Club
of New York City. The presentation will be webcast at
safeguard.com/investorday2009.

America's Growth Capital 6th Annual East Coast Emerging Growth Conference -
Safeguard Scientifics is presenting on Wednesday, October 7, at 1:50pm EDT at
the Westin Copley Place in Boston. The presentation will be webcast at
safeguard.com/agc.

TechAmerica AeA Classic 39th Annual Financial Conference - Safeguard Scientifics
is presenting on Tuesday, November 3, at the Marriott San Diego Hotel & Marina
in San Diego. The presentation will be webcast at safeguard.com/aea.

Safeguard Scientifics, Inc. provides growth capital for entrepreneurial and life
sciences and technology companies.

News for 'SFE' - (BRIEF: Safeguard Scientifics' 1:6 stock split effective Aug.)


Aug 11, 2009 (The Philadelphia Inquirer - McClatchy-Tribune Information
Services via COMTEX) -- Safeguard Scientifics Inc. said today that its 1:6
reverse split of common stock will take effect Aug. 27.

The reverse split, which shareholders approved in July, will reduce the number
of shares of outstanding common stock from about 122.3 million to about 20.4
million.

The price has ranged from 34 cents to $1.99 in the last 52 weeks, and shares
were trading at $1.77, down 10 cents, shortly after trading opened this morning.

The Wayne-based venture-capital firm, which has 18 life sciences and technology
companies in the growth stage, said the split was designed to make the stock
more appealing to institutional investors, as well as decrease transaction
costs.

The holding company decreased annual operating expenses by 19 percent last year,
and cut 8 percent more through June2009, said Peter J. Boni, Safeguard president
and chief executive.

He added that the company continues to look for opportunities to repurchase
senior convertible debentures at discounts, and aims to be free of its $86
million in debt by the first quarter of 2011.

News for 'SFE' - (Cellumen Enters Second Phase of Safety Assessment Testing for
EPA ToxCast Program)


PITTSBURGH, Jul 21, 2009 (BUSINESS WIRE) -- Cellumen, Inc., a discovery and
early safety assessment company, today announced that it has been selected by
the EPA to provide its CellCiphr analysis in the second phase of the U.S.
Environmental Protection Agency's (EPA) ToxCast(TM) program.

In the first proof-of-concept phase, Cellumen generated hepatic toxicity data
that served as pivotal features of predictive models reported at the ToxCast
Data Analysis Summit in May 2009. These Cellular Systems Biology (CBS) models of
hepato-toxicity form the basis of Cellumen's expanded engagement with the EPA,
in which thousands of CellCiphr profiles will be generated. Each phase of the
program increases the number of samples in the data set with the expectation
that several thousand chemicals will be tested. Cellumen's eligibility to
participate in additional phases could generate $5.5 million for the Company.

"Cellumen is honored that our Cellular Systems Biology technology has been
selected for the second phase of the EPA's ToxCast Program," said Patricia
"Kate" A. Johnston, Ph.D., Chief Scientific Officer at Cellumen. "We look
forward to continuing our work with the EPA and delivering our value proposition
to identify safety liabilities early and identify mechanisms of action with a
cost-effective and powerful platform."

Cellumen first entered into an agreement with the EPA in April 2007 as part of
the EPA's multi-year ToxCast Program. ToxCast was designed to develop a
cost-effective approach for prioritizing the toxicity testing of large numbers
of chemicals in a short period of time. When completed, the forecasted potential
human toxicity of chemicals will provide EPA regulatory programs with
information to prioritize chemicals for more detailed toxicological evaluations,
and lead to more efficient use of animal testing.

About Cellumen Cellumen is the leading innovator in Cellular Systems Biology
(CSB(TM)) solutions providing the most accurate predictions of drug efficacy and
safety, thus reducing failure rates and cutting development costs. Cellumen's
CSB solutions are driving early safety assessment by addressing the full
complexity of disease and safety. Leading global organizations, including top
pharmaceutical companies, the EPA, FDA, and NIH, partner with Cellumen. Cellumen
is a partner company of Safeguard Scientifics. Other investors include Novitas
Capital, the Pittsburgh Life Sciences Greenhouse and Innovation Works. For more
information about Cellumen, please visit www.cellumen.com.

SOURCE: Cellumen, Inc.




CONTACT:
For Cellumen
Gregory FCA
Theresa Murray, 610-642-8253 x164
Theresa@GregoryFCA.com

nice breakout left the 1.40 in the dust.

real

140 is critical point in the ta.

i believe the 10k is out.

real

Now if I am figuring this correctly with only 122 million shares out this is a surplus of almost $1 a share in value?? I grabbed some at 1.10 AH