RADNOR, Pa., May 22, 2017 /PRNewswire/ -- Safeguard
Scientifics, Inc. (NYSE:SFE) announced that its 2017 Annual Meeting
of Shareholders will be held on Wednesday,
May 24, 2017 at 8:00am EDT at
the Radnor Hotel located at 591 East Lancaster Avenue, Wayne, PA 19087. The meeting will take place
in the Chanticleer Room and will be webcast at
www.safeguard.com/events.
At the meeting, shareholders will be asked to vote on:
i.) the
election of six directors;
ii.) a non-binding, advisory resolution to approve
the compensation of our named executive officers;
iii.) a non-binding, advisory resolution concerning the
frequency of future non-binding advisory votes concerning executive
compensation; and
iv.) the ratification of the appointment of KPMG LLP as our
independent registered public accounting firm for 2017.
Only shareholders who owned stock at the close of business on
March 24, 2017 may attend and vote at
this meeting and on any adjournments that may take place.
Shareholders are encouraged to read the proxy statement and submit
their proxy or voting instructions as soon as possible to ensure
that their representation at the annual meeting, regardless of
whether you plan to attend in person. The Notice of Annual Meeting,
Proxy Statement and our Annual Report on Form 10-K for the fiscal
year ended December 31, 2016, are
available at www.edocumentview.com/SFE.
CALL AND WEBCAST DETAILS
Please call 10-15 minutes
prior to the call to register.
Date: Wednesday, May
24, 2017
Time: 8:00am EDT
Webcast: www.safeguard.com/events
Live
Number: 877-201-0168 // (International)
647-788-4901
Replay Number: 800-585-8367
// (International) 416-621-4642
Access
Code: 28087117
Q&A Format: The
call and webcast will be Audio-Only. All questions should be
submitted through the webcast.
Replay will be available through June 24,
2017 at 11:59pm EDT. For more
information please contact IR@safeguard.com.
About Safeguard Scientifics
Safeguard Scientifics
(NYSE:SFE) provides capital and relevant expertise to fuel the
growth of technology-driven businesses in healthcare, financial
services and digital media. Safeguard targets companies that are
capitalizing on the next wave of enabling technologies with a
particular focus on the Internet of Everything, enhanced security
and predictive analytics. Safeguard typically deploys between
$5 million and $25 million over the
course of its partnership with a company, initially investing in a
Series A or B Round and opportunistically in a Seed Round.
Safeguard has a distinguished track record of fostering innovation
and building market leaders that spans more than six decades. For
more information, please visit www.safeguard.com or
follow us on Twitter @safeguard.
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 CONTACT:
John E.
Shave III
Senior Vice President, Investor Relations and Corporate
Communications
610.975.4952
jshave(at)safeguard(dot)com
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SOURCE Safeguard Scientifics, Inc.