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

To: ncs who wrote (1546)	7/23/1998 8:03:00 PM
From: ncs	Read Replies (1) \| Respond to of 4467

Looks like the market became convinced that the CCSC/TLABs deal will go through as CCSC closed at 72% of TLAB's price. There was a 15% gap last Friday. Neil

To: ncs who wrote (1546)	7/23/1998 8:09:00 PM
From: still learning	Respond to of 4467

Don't think they've had a std IPO. But they've offered a small # of shrs at the rights offering and followed with a secondary IPO, as with SCAI. If they have a traditional IPO, I think that's fine -- they'll probably price it much higher than $5 to begin with and offer far fewer of their shares, minimizing the dillution. We need to remember that they may also allow SFE holders access to the IPO somehow, and the ultimate valuation jump comes afterthe rights with the public shares. Unless they really pop on day 1, we can buy the stock when it goes public.

To: ncs who wrote (1546)	7/28/1998 8:41:00 PM
From: still learning	Read Replies (2) \| Respond to of 4467

New investment: minor one Tuesday July 28, 9:03 am Eastern Time Company Press Release FlowWise Networks Secures $12 Million in Third Round Financing Mark DeNino, TL Ventures Managing Director, Joins Board SAN JOSE, Calif.--(BUSINESS WIRE)--July 28, 1998--FlowWise Networks today announced that it has secured $12 million in a third round of financing from three of its earlier investors, Battery Ventures, Venrock Associates, and InveStar Capital, and two new participants, TL Ventures and Alta Partners. This brings funding for the company to $21 million. FlowWise also announced that Mark DeNino, TL Ventures managing director, has joined its board of directors. FlowWise now has its new IMS 1600 Router Accelerator installed at a number of customer sites. The product incorporates a unique technology called AutoRoute(TM), an automatic configuration feature that offers a much simpler alternative to conventional multilayer switches for boosting network performance. Using the IMS 1600, network managers can ease network congestion by offloading the routing of IP traffic from their existing backbone routers. This frees up the router's processing power for handling other tasks and can increase overall data throughput to millions of packets per second. ''With its unique product set and strong management team, FlowWise Networks is poised to dominate the emerging hardware-based routing market,'' said Mark DeNino, of TL Ventures. ''I look forward to working with the management team to help them build their position in this exciting business.'' Marino Polestra, partner at Alta Partners, added, ''There is an opportunity here for explosive growth, and only FlowWise has realized that, in this market, price and performance improvements alone aren't enough -- these products also must be easy to install. Their customers don't want another router, they just want a simple way to accelerate the ones they already own.'' ''As we now are beginning to build our customer base, we look forward to working with our earlier funding partners and our new investors, TL Ventures and Alta Partners,'' said Khaled Nasr, FlowWise's president and CEO. ''This financing will allow us to make the necessary investments in marketing, channel development, and to advance our technology lead. We welcome Mark DeNino and are pleased to gain his expertise on our board of directors.'' TL Ventures TL Ventures manages a series of private equity funds with nearly $550 million of committed capital and focuses on information technology and biotechnology companies. TL Ventures is associated with Safeguard Scientifics, Inc. (NYSE:SFE - news), a strategic information systems company. For more information, visit www.tlventures.com. Alta Partners Alta Partners, founded in February 1996, is a venture capital partnership investing in information technologies and life sciences companies. Alta is a successor to Burr, Egan, Deleage & Co., a premier venture capital firm established in 1979. The general partners of Alta Partners have over 40 years of venture capital experience and currently manage over $130 million in capital. For more information, visit www.altapartners.com. FlowWise Networks Headquartered in San Jose, Calif., FlowWise Networks provides high-performance router acceleration products that are self-configuring. These products enable enterprises to enhance the performance of their networks, with virtually no disruption of service. FlowWise Router Accelerators boost the performance of Cisco (NASDAQ:CSCO - news), Bay Networks (NYSE:BAY - news), 3Com (NASDAQ:COMS - news), and all other routers. The company has announced strategic alliances with Yurie Systems, now part of Lucent Technologies (NYSE:LU - news), and ACC Networks, a Newbridge Networks affiliate (NYSE:NN - news). To date, FlowWise Networks has raised $21 million in financing from a combination of venture capital sources and corporate investors, including Battery Ventures, Venrock Associates, Mitsubishi Electronics, InveStar Capital, TL Ventures, and Alta Partners. For more information on FlowWise Networks, call 408/474-0385, or visit the company's web site at www.flowwise.com. Note to Editors: FlowWise, Intelligent Multilayer Switching, and AutoRoute are trademarks of FlowWise Networks, Inc. Other product and company names mentioned may be trademarks of their respective owners.