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Technology Stocks : Safeguard Scientifics SFE

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To: robert miller who wrote (2176)1/18/1999 11:15:00 AM
From: John Arnopp   of 4467
 
For you, bob :

US Interactive Redefines the Internet Professional Services Landscape With Its Innovative E-roadmap Development Plan

BusinessWire, Monday, January 18, 1999 at 10:59

NEW YORK--(BUSINESS WIRE)--Jan. 18, 1999--

Proprietary planning system makes business sense
of the Internet for the Global 2000

US Interactive, Inc. a leading Internet Professional Services
Company dedicated to the engineering of Electronic Enterprise
solutions for domestic and international companies, Monday announced
several recent outstanding accomplishments achieved by the company and
its clients.

-- US Interactive's innovative E-Roadmap planning system has
gained a leadership position in the industry by helping the Global
2000 client base. The company's diverse clients include a $10 billion
East Asian holding company; one of the world's leaders in consumer
electronics; a global cruise company; the world's largest group
disability insurer; and one of the world's leading automobile
companies. These clients and many more are working with US Interactive
to rapidly transform their business into Electronic Enterprises.

-- The company's prodigious 6,400 percent revenue growth over the
past five years has gained US Interactive a number of major business
awards. Among the major recent awards are the Deloitte & Touche
National Technology Fast 500 (Rank: 58th); Deloitte & Touche
Technology Fast 50 (Regional Rank: 1st); Wharton Small Business
Development Center/Philadelphia Business Journal Philly 100 (Rank:
10th).

-- US Interactive's creative designs on behalf of their clients
have been recognized by a number of international design competitions.
Among the major recent awards captured by the Company were the London
International Advertising Awards, Cannes International Advertising
Awards, New York Festivals Interactive Multimedia Competition; @d:
Tech Awards for Excellence; American Advertising Awards; and the Web
Marketing Association WebAwards.

-- US Interactive Chairman Eric Pulier was selected as one of the
50 Top Internet Executives in the Los Angeles area by Digital Coast
Reporter magazine. Earlier, Pulier was selected among the Top 50
Internet Executives by the Los Angeles Business Journal.

-- Recently, Safeguard Scientifics Safeguard Scientifics, Inc.
(NYSE:SFE), a strategic information systems company, has acquired a
15% equity stake in the company. Two Safeguard Scientifics associated
entities, Internet Capital Group and TL Ventures, were early investors
when US Interactive was getting off the ground.

-- The company has fortified strategic partnerships with many of
the leading technology companies worldwide, including Trilogy,
Microsoft, Pandesic, Open Market, Digex and Exodus.

US Interactive (http://www.usinteractive.com) is a leading
International Internet Professional Services Company dedicated to the
engineering of Electronic Enterprise solutions. Electronic Enterprise
solutions link an organization's strategic business objectives with
advanced Internet technologies.
US Interactive provides a full-range of Electronic Enterprise
solutions, including Intranet, extranet, electronic commerce and
Internet solutions, through a proprietary E-Roadmap development system
to ensure successful and seamless deployment.
US Interactive's investors include Safeguard Scientifics, Inc.
Safeguard Scientifics, Inc. (NYSE:SFE) is a unique partnership of
entrepreneurial companies focused on information technology markets.
Safeguard has interests in 26 partnership companies plus eight
private equity funds. Safeguard's market capitalization combined with
its affiliated venture funds' committed capital under management is in
excess of $2 billion. 1/8The US Interactive name and design, E-Roadmap
and IVL Methodology are all trademarks of U.S. Interactive, Inc. 3/8

CONTACT: US Interactive
James H. DeLorenzo, Director of Public Relations,
Direct PR Phone: 610/382-8812
Direct PR Fax: 610/382-8908
E-mail: jdelorenzo@usinteractive.com
URL: usinteractive.com
or
Steven Blinn & Associates (NY),
Steven Blinn, 212/721-5529
or
The Canaveral Group (LA),
Jerry Kalman, 949/661-6339

KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET BANKING

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

Copyright 1999, Business Wire


--John
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