Safeguard Scientifics calls remaining 5% convertibles

New York, Oct. 12 - Safeguard Scientifics, Inc. said it will redeem its remaining $54.8 million of 5% convertible subordinated notes due June 15, 2006 on Nov. 12.

The Wayne, Pa., technology and life sciences incubator will pay 100.83% of par plus accrued interest to the redemption date, or $1,008.30 per $1,000 principal amount.

Funding will come from Safeguard's recently completed sale of its interest in CompuCom Systems, Inc.

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