Safeguard Scientifics, Inc. (Safeguard) is engaged in providing capital, as well as a range of strategic, operational and management resources to its partner companies. Safeguard participates in expansion financings, corporate spin-outs, management buy-outs, recapitalizations, industry consolidations and early-stage financings. The Company concentrates on companies operating in technology and life sciences. The technology-based companies includes companies focused on providing software as a service (SaaS), technology-enabled services and vertical software solutions for healthcare information technology, the financial services sector and Internet-based businesses. On May 6, 2008, the Company completed the sale of its interests in Acsis, Inc., Alliance Consulting Group Associates, Inc., Laureate Pharma, Inc., Neuronyx, Inc. and ProModel Corporation.