Judith Hurwitz Joins Safeguard Scientifics' Information Technology Advisory Board; Technology Industry Expert to Provide Guidance to Benefit Partner Companies

Business Wire, August 9, 2006

WAYNE, Pa. -- Safeguard Scientifics, Inc. (NYSE:SFE), today announced that Judith Hurwitz has joined its Information Technology Advisory Board. The Board is comprised of individuals who possess specialized knowledge and expertise in the information technology sector. The Information Technology Advisory Board augments our internal resources and provides expert guidance and strategic direction to Safeguard and its partner companies.

"We are pleased that Judith has joined Safeguard's Information Technology Advisory Board," said John A. Loftus, Executive Vice President and Managing Director, Information Technology. "Her vast experience and industry knowledge will be a great asset to Safeguard and our partner companies. Our ability to recruit thought leaders such as Judith to our Advisory Board demonstrates our commitment to achieving our vision of being the preferred catalyst for creating great information technology and life sciences companies."

Safeguard has partnered with many information technology companies, including its recent stakes in Authentium, Inc., a security software developer, and Acsis, Inc., an enterprise software company automating manufacturing and supply chain processes. Safeguard also holds interests in Alliance Consulting Group, a business intelligence solutions company; Mantas, Inc., a behavior detection software solutions company and NexTone Communications(R), a VoIP session management product company.

Recognized as a pioneer in the technology industry, Ms. Hurwitz is among the first analysts to provide a holistic perspective on the business value of emerging technologies. In 1992 she founded Hurwitz Group, a software research and consulting firm that quickly became an industry leader with top technology clients. She currently is President of Hurwitz & Associates, a research and consulting firm focused on identifying customer benefit and best practices for buyers and sellers of information technology in the United States and Europe. She has also held senior positions at John Hancock, Apollo Computer, and Patricia Seybold's Group. A regular contributor to CIO Magazine's online site, Ms. Hurwitz is a frequent keynote speaker at industry events and holds board positions at 10 start-up technology companies. She is currently working on a book, Service Oriented Architecture for Dummies.

Ms. Hurwitz earned her bachelor and master degrees from Boston University, and Boston University's College of Arts & Sciences named her a distinguished alumnus in 2005. She also received a 2005 Mass Technology Leadership Council Award based on her contribution to the development and deployment of technologies that address critical business issues.

About Safeguard

Safeguard Scientifics, Inc. (NYSE:SFE) builds value in high-growth, revenue-stage information technology and life sciences businesses. We provide growth capital as well as a range of strategic, operational and management resources to our partner companies. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings. For more information about Safeguard and its strategy, visit www.safeguard.com.