Safeguard Scientifics Announces Election of Michael J. Emmi to Its Board of Directors
October 14, 1998 08:20 AM
WAYNE, Pa., Oct. 14 /PRNewswire/ -- Safeguard Scientifics, Inc., (www.safeguard.com) the New York Stock Exchange-listed SFE strategic information systems company, announces the election of Michael Emmi to its Board of Directors.
Mr. Emmi is chairman and CEO of Systems & Computer Technology Corporation (SCT), a Malvern, PA-based, leading provider of outsourcing and systems integration services and software products and related services for higher education institutions, local governments, utilities, and process manufacturers and distributors worldwide. A publicly-held company SCTC , SCT employs more than 3,400 professionals and serves approximately 2,500 clients throughout North America and Europe. Under Mr. Emmi's leadership, SCT's revenues have grown twelve times and profitability has grown fifty times. When he was recruited to SCT from General Electric in 1985, Mr. Emmi brought with him 25 years of experience in the information services industry, including senior management positions in sales, services, marketing, telecommunications, consulting, and technology management. He is also on the Board of Directors of CompuCom Systems, Inc.
Mr. Emmi's professional recognition includes the 1995 Enterprise Award presented by the Pennsylvania Council on Economic Education and the 1995 CEO of the Year Award presented by the Greater Philadelphia Technology Council. Most recently, Mr. Emmi received the prestigious Lifetime Achievement Award from Temple University. He has also been featured in Forbes and Money Magazine.
Warren V. Musser, Safeguard's chairman and CEO, noted that Safeguard's Board is a vital resource to both the Company and its partnership companies, and Safeguard is extremely pleased that Mr. Emmi has joined it. Mr. Emmi's experience in the information technology and telecommunications industries and his entrepreneurship are a welcome addition.
Safeguard Scientifics, Inc. is a unique partnership of entrepreneurial companies focused on information technology markets. Safeguard has a proven track record of bringing emerging companies to market through rights offerings to Safeguard shareholders. Past Safeguard rights offerings include Novell, Inc., CompuCom Systems, Inc., Cambridge Technology Partners (Massachusetts), Inc., Coherent Communications Systems Corporation (merged with Tellabs, effective 8/3/98), USDATA Corporation, Integrated Systems Consulting Group, Sanchez Computer Associates, Diamond Technology Partners, Inc., ChromaVision Medical Systems, Inc., OAO Technology Solutions, Inc. and DocuCorp International.
SOURCE Safeguard Scientifics, Inc.
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