SAFEGUARD SCIENTIFICS ACQUIRES $20 MILLION STAKE IN RUBICOR MEDICAL, INC.

Safeguard Scientifics, Inc., which builds value in high-growth life sciences and information technology companies, announced it led a $30 million Series C financing in Rubicor Medical, Inc. of Redwood City, CA. Safeguard provided $20 million of growth capital and ITX International Equity Corporation provided $5 million. James W. Vetter, M.D., Rubicor's Chairman and Chief Executive Officer (and other founding shareholders) are expected to provide the balance of the funding. Rubicor Medical, founded in 1998, develops and distributes technologically advanced, disposable, non-invasive, breast biopsy devices. Genetic Engineering News (http://www.genengnews.com/news/bnitem.aspx?name=5044057)