Ramius seeks nomination of two independent directors to Datascope board

By Lisa Kerner

Charlotte, N.C., Oct. 19 - Datascope Corp. investors led by Starboard Value and Opportunity Master Fund Ltd., an affiliate of RCG Starboard Advisors, LLC and Ramius Capital Group, LLC, will nominate two independent candidates for election to the company's board of directors at the 2007 annual meeting.

Ramius, a 2.4% stakeholder in Datascope, has filed preliminary proxy materials in connection with the nomination of David Dantzker and William J. Fox, according to a news release.

Dantzker and Fox will "strengthen the quality of Datascope's board by providing better leadership and oversight that will lead to greater stability within the company's management and help reverse the company's disappointing track record in the area of corporate governance," Ramius' release stated.

"There is no doubt that new representation on the board is necessary in light of disclosed ethical concerns and the recent high turnover of senior level managers," Ramius partner Jeffrey C. Smith said in the release. "We firmly believe the company and its shareholders would benefit from the increased oversight that our independent director candidates can provide."

Dantzker is a general partner at Wheatley MedTech Partners, LP, a New York-based venture capital firm. Fox, a business adviser and strategy consultant, is the former executive chairman of the board of Nephros, Inc.

Datascope is a Montvale, N.J., medical device company.

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