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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?

To: Bryan Steffen who wrote (1525)	7/17/1998 4:06:00 PM
From: still learning	Respond to of 4467

Friday July 17, 3:48 pm Eastern Time Safeguard Scientifics Plans Rights Offer for Shares in Who? Vision SAFEGUARD SCIENTIFICS INC. To Make Rights Offering for Shares in Who? Vision Systems Inc. July 17, 1998, Safeguard Scientifics Inc. (NYSE:SFE - news) and Who? Vision Systems Inc. jointly announced that Who? Vision filed a registration statement with the SEC for an initial public offering of approximately 6.5 million shares of Who? Vision common stock through a rights offering to SFE shareholders. SFE and Who? Vision anticipate that the rights will have an exercise price of $5.00 per share and that the offering will begin in the third quarter. SFE shareholders will receive rights, exercisable for approximately 35 days after issuance, to purchase one share of Who? Vision common stock for every five SFE common shares held. There will be a minimum exercise requirement of 20 rights. Who? Vision, an XL Vision spin-out, is a technology company focused on the development of fingerprint identification technologies. It has designed and developed TactileSense, a proprietary fingerprint identification technology, and intends to manufacture and distribute fingerprint identification products based on this technology through strategic partners for use in a wide variety of applications in which positive identification of a specific individual or user is desired.