Adolf A. Paier

Mr. Paier co-founded Privakey and currently serves on its Board of Directors. He was also most recently the Chairman and CEO of Healthworks Alliance, Inc which he recently sold to Passport Health Communications. Healthworks Alliance is an information technology firm that is a leading supplier of medical software.From 1980 to 1992 Mr. Paier was President and Chief Operating Officer of Safeguard Scientifics, Inc., a New York Stock Exchange listed company. During his tenure as President, Safeguard made over 25 acquisitions or investments, sold a number of businesses, established two multi-million dollar venture capital limited partnerships, completed five public stock offerings and a number of bank or institutional debt transactions. Safeguard’s revenues increased from $47 million in 1980 to $667 million in 1991.

Mr. Paier serves on the Board of Directors of Deltapaper Corporation and Analytical Graphics, Inc. He is also on the Board of Trustees of The University of the Arts and several other non-profit boards. Mr. Paier has served on the Board of Directors of Safeguard Scientifics, Inc., Novell, Inc., and four other public companies. Mr. Paier graduated with honors from The Wharton School of the University of Pennsylvania.