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Safeguard Scientifics to Host a Virtual Discussion With meQuilibrium

Jul 20, 2020 12:18 PM

RADNOR, Pa., July 20, 2020 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE:SFE) ("Safeguard" or the "Company") announced that it will host a virtual discussion with Jan Bruce, CEO and Co-founder of meQuilibrium at 10:00 a.m. ET on July 30, 2020

In a continued effort to provide shareholders with additional information about Safeguard's ownership interests, Dr. Gary Kurtzman will lead a discussion with Ms. Bruce about meQuilibrium's SaaS based platform for resilience development solutions powered by predictive analytics and AI for organizations to manage their human capital and develop an engaged, agile workforce.  meQuilibrium's solutions include offerings to accelerate an organization's performance during times of crisis and to put resilience into practice to manage the new realities of operating within the COVID-19 pandemic.

Ms. Bruce has devoted much of the last twenty years to pioneering new brands in consumer health, wellbeing, consumer lifestyle and whole person/whole health paradigms.  She has a passion for building strong business strategies and cohesive management teams that deliver results.  She is widely recognized as an authority on women's attitudes towards balanced healthy lifestyle and sustainable living.  She has a proven record in high growth start-ups and turn-arounds. 

To attend the virtual discussion, please register at:
https://us02web.zoom.us/webinar/register/WN_SiKwU-U-ShKyDZ79ytOXxA 

Participants are encouraged to dial-in 15 minutes prior to the start of the event.  The virtual discussion will also be accessible for replay later at the Safeguard Scientifics, Inc. Investor Relations website.

About Safeguard Scientifics

Historically, Safeguard Scientifics (NYSE:SFE) has provided capital and relevant expertise to fuel the growth of technology-driven businesses.  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.

About meQuilibrium

meQuilibrium is the only clinically validated resilience platform leveraging behavioral psychology, neuroscience, and analytics to deliver transformative insights that change lives and businesses.  For more information, please visit www.mequilibrium.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.  Forward-looking statements include, but are not limited to, statements regarding Safeguard's ability to maximize the value of monetization opportunities of its ownership interests and drive total shareholder returns, Safeguard's initiatives taken or contemplated to enhance and unlock value for all of its shareholders, Safeguard's efforts to execute on and implement its strategy to streamline its organizational structure, reduce its operating costs, pursue monetization opportunities for ownership interests and maximize the return of value to its shareholders, Safeguard's ability to create, unlock, enhance and maximize shareholder value, the effect of Safeguard's management succession plan on driving increased organizational effectiveness and efficiencies, the ability of the management team to execute Safeguard's strategy, the availability of, the timing of, and the proceeds that may ultimately be derived from the monetization of ownership interests, Safeguard's projections regarding the reduction in its ongoing operating expenses, Safeguard's projections regarding annualized operating expenses and expected severance expenses, monetization opportunities for ownership interests, and the amount of net proceeds from the monetization of ownership interests that will enable the return of value to Safeguard shareholders after satisfying working capital needs and the timing of such return of value.  Such forward-looking statements are not guarantees of future operational or financial performance and are based on current expectations that involve a number of uncertainties, risks and assumptions that are difficult to predict.  Therefore, actual outcomes and/or results may differ materially from those expressed or implied by such forward-looking statements.  The risks and uncertainties that could cause actual results to differ materially include, among others, our ability to make good decisions about the monetization of our ownership interests for maximum value or at all and the return of value to our shareholders, our ability to successfully execute on our strategy to streamline our organizational structure and align our cost structure to increase shareholder value, whether our strategy will better position us to focus our resources on the highest-return opportunities and deliver enhanced shareholder value, the ongoing support of our existing ownership interests, the fact that our companies may vary from period to period, challenges to achieving liquidity from our ownership interests, fluctuations in the market prices of our publicly traded holdings, if any, competition, our inability to obtain maximum value for our ownership interests, our ability to attract and retain qualified employees, market valuations in sectors in which our ownership interests operate, our inability to control our ownership interests, our need to manage our assets to avoid registration under the Investment Company Act of 1940, risks, disruption, costs and uncertainty caused by or related to the actions of activist shareholders, including that if individuals are elected to our Board with a specific agenda, it may adversely affect our ability to effectively implement our business strategy and create value for our shareholders and perceived uncertainties as to our future direction as a result of potential changes to the composition of our Board may lead to the perception of a change in the direction of our business, instability or a lack of continuity that may adversely affect our business, and risks associated with our ownership interests, including the fact that most of our ownership interests have a limited operating 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 companies operate, and other uncertainties described in our filings with the Securities and Exchange Commission.  Many of these factors are beyond Safeguard's ability to predict or control.  As a result of these and other factors, Safeguard's past operational and financial performance should not be relied on as an indication of future performance.  Safeguard does not assume any obligation to update any forward-looking statements or other information contained in this press release.

SAFEGUARD CONTACT:
Mark Herndon
Chief Financial Officer
(610) 975-4913
mherndon@safeguard.com

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SOURCE Safeguard Scientifics, Inc.