Portico Systems Named 2009 Emerging Technology Company of the Year

Eastern Technology Council Enterprise Awards Acknowledges Innovation and Growth

PHILADELPHIA–(BUSINESS WIRE)– Portico Systems, the leader in Integrated Provider Management (IPM) solutions, announced today that it has been named Emerging Technology Company of the Year by The Eastern Technology Council at last night’s 17th Annual Enterprise Awards. The Emerging Technology Company award acknowledges product or service innovation and the ability of the management team to fuel growth.

This accolade caps a year of awards for Portico Systems, which has been named a Best Places to Work list by the Philadelphia Business Journal, included on the Inc. 5000, ranked #21 on the 2009 Deloitte Greater Philadelphia Fast 50 and named to the Healthcare Informatics 100 List. Portico CEO Ned Moore was named finalist, Ernst & Young Entrepreneur of the Year® 2009 Greater Philadelphia and was the 2008 Enterprise Awards Technology CEO of the Year.

“We are very honored to be recognized by the Eastern Technology Council,” said Ned Moore CEO, Co-Founder and Chairman, Portico Systems. “This recognition is a tribute to the commitment of the Portico team to continually provide innovative solutions to our customers.”

Portico Systems’ IPM solutions helps health plans reduce medical, administrative and IT costs and improve provider relationships.

About the Enterprise Awards

The Enterprise Awards remain the region’s most prestigious business honors for Technology and Life Sciences companies, leaders, and entrepreneurs. Attracting more than 1,200 prominent business leaders, the Enterprise Awards black-tie gala celebrates achievement, innovation, and success in the Greater Philadelphia region.

About the Eastern Technology Council

The Eastern Technology Council, an association representing more than 450 technology and life sciences companies, supports the growth and success of start-ups, emerging, and established companies by promoting, supporting, expanding, funding, and rewarding entrepreneurial activities in the region.

About Portico Systems

Portico Systems’ innovative solutions enable health plans to reduce administrative, medical and IT costs. Portico’s exclusive focus on provider operations and 500+ staff-years of provider experience has allowed Portico to design the only modular end-to-end provider platform. Portico invites you to explore our website (www.porticosys.com) to learn how our commitment to customer service, quality and technology innovation can accelerate the evolution of your health plan’s provider operations. Portico Systems is a partner company of Safeguard Scientifics, Inc. (NYSE:SFE) www.safeguard.com.

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