Acsis, Inc. Announces $10.5 Million in Growth Financing.

MARLTON, N.J. & WAYNE, Pa. -- Acsis, Inc., a leader in delivering shop floor process automation and enterprise data collection solutions for the supply chain, today announced it has received $10.5 million of additional capital to fund its growth strategies and expand its business. Safeguard Scientifics, Inc., (NYSE:SFE), which builds value in high-growth life sciences and information technology companies, provided $6 million in follow-on cash, and Acsis increased its line of credit with SVB Silicon Valley Bank to $4.5 million. SVB Silicon Valley Bank is the commercial banking arm of SVB Financial Group (NASDAQ:SIVB).

"Acsis is thrilled to obtain further support from Safeguard as we continue to meet the demands of the growing and dynamic Radio Frequency Identification (RFID) market," said Steve Selfridge, Chief Executive Officer of Acsis, Inc. "This funding enables us to define an aggressive go-to-market strategy as we continue to develop next generation software applications that improve visibility and efficiency throughout the entire supply chain and discover new ways to help customers increase revenue and reduce cost."

"We believe that Acsis is very well-positioned in the RFID space and believe this additional capital will enable Acsis to pursue their growth strategies and expand their business," said John A. Loftus, Executive Vice President and Managing Director, Information Technology, Safeguard. "We anticipate recent RFID mandates from domestic and international retailers, Food and Drug Administration (FDA) and the Department of Defense (DoD) will continue to create long-term demand for Acsis' products."

Companies are requiring enterprise-ready solutions that scale to continually growing mandates. Acsis recently announced the launch of an End to End RFID offering with SAP America, Inc. to help customers understand RFID technology, achieve mandate compliance promptly and affordably and incorporate the technology with minimal impact to existing processes. The Acsis and SAP approach provides a complete platform to start small, scale and derive value through preconfigured analytics.

SAP and Acsis have received multiple accolades in the RFID industry. SAP was ranked #1 in the "Readers Choice Award" for RFID software by Consumer Goods Technology magazine and also received the Early Adopter Award for RFID Software in January 2006. Acsis was named a Top 20 RFID solutions provider by ABI Research.

About Acsis, Inc.

Acsis, Inc. was founded in 1996 and is headquartered in Marlton, NJ. Acsis is a global enterprise software and services provider that automates manufacturing and supply chain processes enabling higher throughput at lower costs. With implementations in 26 countries, Acsis provides a single platform that connects people, devices, and supply chains, enabling adaptive manufacturing and supply chain operations. Acsis is a recognized SAP Services Partner, SAP Technology Partner and Charter Member of SAP's Enterprise Services Community (NYSE: SAP). Acsis also maintains partnerships with major service and hardware providers. Acsis is an EPCglobal member and early adopter of RFID technologies. Acsis is a partner company of Safeguard Scientifics, Inc. (NYSE:SFE). Additional information regarding Acsis can be found at www.acsisinc.com.

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.

About SVB Silicon Valley Bank

SVB Silicon Valley Bank is a member of global financial services firm SVB Financial Group, with SVB Alliant, SVB Capital and SVB Global. SVB Silicon Valley Bank provides commercial banking services to emerging growth and mature companies in the technology, life science, private equity and premium wine industries. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, SVB Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through SVB Financial Group's 27 U.S. offices and three international operations. More information on the company can be found at www.svb.com. SVB Silicon Valley Bank refers to the commercial banking operation of SVB Financial Group, which includes Silicon Valley Bank, the California bank subsidiary of SVB Financial Group.

Forward-Looking and Cautionary 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. These forward-looking statements that could cause actual results to differ materially, include, among others, managing rapidly changing technologies, limited access to capital, competition, the ability to attract and retain qualified employees, the ability to execute our strategy, the uncertainty of the future performance of our companies, acquisitions and dispositions of companies, the inability to manage growth, compliance with government regulations and legal liabilities, additional financing requirements, labor disputes, the effect of economic conditions in the business sectors in which our companies operate, and other uncertainties described in the Company's filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our 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.

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