Safeguard Scientifics, Inc. (Safeguard) is an operating company that seeks to create long-term value by acquiring technology-related companies that it develops by providing superior operations and management support. Safeguard acquires and develops companies in three principal areas: business and information technology services, software, and emerging technologies. In the past, Safeguard developed and operated emerging technology companies through its extensive network of partner companies and private equity funds. Safeguard has shifted its strategy to build on three specific paths to value creation. Safeguard first will focus on acquiring and developing business and IT services companies. The second focus is to build software companies with compelling technology and market potential for growth in the time-to-volume stage of development. The third focus is to continue to support entrepreneurs in creating new technologies and applications by acquiring interests in their companies.