-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PiKFIpQjmDLRcpp1yzlDnb8JlkNHYoTq8PSxljHXytVQkTtLcrswWy8RWSk+WCjs dcaWhHauBms3snodWy/c6A== 0000921895-07-002433.txt : 20071019 0000921895-07-002433.hdr.sgml : 20071019 20071019092558 ACCESSION NUMBER: 0000921895-07-002433 CONFORMED SUBMISSION TYPE: PREC14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071019 DATE AS OF CHANGE: 20071019 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DATASCOPE CORP CENTRAL INDEX KEY: 0000027096 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 132529596 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: PREC14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-06516 FILM NUMBER: 071180108 BUSINESS ADDRESS: STREET 1: 14 PHILLIPS PKWY CITY: MONTVALE STATE: NJ ZIP: 07645-9998 BUSINESS PHONE: 2013918100 MAIL ADDRESS: STREET 1: 14 PHILIPS PARKWAY CITY: MONTVALE STATE: NJ ZIP: 07645 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RAMIUS CAPITAL GROUP LLC CENTRAL INDEX KEY: 0001050154 IRS NUMBER: 133937658 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: PREC14A BUSINESS ADDRESS: STREET 1: 666 THIRD AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128457900 MAIL ADDRESS: STREET 1: 666 THIRD AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 PREC14A 1 prec14a06297dat_12042007.htm sec document

                                  UNITED STATES
                        SECURTIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 14A
                                 (RULE 14a-101)

                     INFORMATION REQUIRED IN PROXY STATEMENT

                            SCHEDULE 14A INFORMATION

                  Proxy Statement Pursuant to Section 14(a) of
              the Securities Exchange Act of 1934 (Amendment No. )

Filed by the Registrant |_|

Filed by a Party other than the Registrant |X|

Check the appropriate box:

         |X| Preliminary Proxy Statement

         |_| Confidential, for Use of the Commission Only (as permitted by Rule
             14a-6(e)(2))

         |_| Definitive Proxy Statement

         |_| Definitive Additional Materials

         |_| Soliciting Material Under Rule 14a-12

                                 DATASCOPE CORP.
- --------------------------------------------------------------------------------
                (Name of Registrant as Specified in Its Charter)

                STARBOARD VALUE AND OPPORTUNITY MASTER FUND LTD.
                                   PARCHE, LLC
                           RCG STARBOARD ADVISORS, LLC
                          RAMIUS CAPITAL GROUP, L.L.C.
                                C4S & CO., L.L.C.
                                 PETER A. COHEN
                                 MORGAN B. STARK
                               JEFFREY M. SOLOMON
                                THOMAS W. STRAUSS
                              DAVID DANTZKER, M.D.
                                 WILLIAM J. FOX
- --------------------------------------------------------------------------------
    (Name of Persons(s) Filing Proxy Statement, if Other Than the Registrant)




         Payment of Filing Fee (Check the appropriate box):

         |X| No fee required.

         |_| Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and
             0-11.



         (1) Title of each class of securities to which transaction applies:

- --------------------------------------------------------------------------------

         (2) Aggregate number of securities to which transaction applies:

- --------------------------------------------------------------------------------

         (3) Per unit price or other underlying value of transaction computed
             pursuant to Exchange Act Rule 0-11 (set forth the amount on which
             the filing fee is calculated and state how it was determined):

- --------------------------------------------------------------------------------

         (4) Proposed maximum aggregate value of transaction:

- --------------------------------------------------------------------------------

         (5) Total fee paid:

- --------------------------------------------------------------------------------

         |_| Fee paid previously with preliminary materials:

- --------------------------------------------------------------------------------

         |_| Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
paid previously. Identify the previous filing by registration statement number,
or the form or schedule and the date of its filing.

         (1) Amount previously paid

- --------------------------------------------------------------------------------

         (2) Form, Schedule or Registration Statement No:

- --------------------------------------------------------------------------------

         (3) Filing Party:

- --------------------------------------------------------------------------------

         (4) Date Filed:

- --------------------------------------------------------------------------------

PERSONS WHO ARE TO RESPOND TO THE  COLLECTION OF  INFORMATION  CONTAINED IN THIS
FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY  VALID OMB
CONTROL NUMBER.


                                       -2-


                     PRELIMINARY COPY SUBJECT TO COMPLETION
                             DATED OCTOBER 19, 2007



                STARBOARD VALUE AND OPPORTUNITY MASTER FUND LTD.

                              ______________, 2007

Dear Fellow Stockholder:

      Starboard Value and  Opportunity  Master Fund Ltd.  ("Starboard")  and the
other participants in this solicitation  (collectively,  the "Ramius Group") are
the  beneficial  owners of an  aggregate  of 374,668  shares of common  stock of
Datascope  Corp.  (the  "Company"),   representing  approximately  2.4%  of  the
outstanding shares of common stock of the Company.  For the reasons set forth in
the attached Proxy  Statement,  the Ramius Group does not believe that the Board
of Directors of the Company is acting in the best interests of its stockholders.
The Ramius  Group is therefore  seeking  your  support at the annual  meeting of
stockholders   scheduled  to  be  held  at  the  Company's  offices  located  at
_____________,  _______, _______, ________, on December 4, 2007 at _______ _.m.,
___________

      To elect  Starboard's  slate of two  nominees to the Board of Directors to
serve as Class I directors.

      The Ramius Group urges you to carefully consider the information contained
in the attached Proxy Statement and then support its efforts by signing,  dating
and returning the enclosed WHITE proxy card today.  The attached Proxy Statement
and the enclosed WHITE proxy card are first being furnished to the  stockholders
on or about [___________ __], 2007.

      We are not seeking  control of the Board of  Directors.  However,  we hope
that this election contest will send a strong message to the remaining incumbent
directors  that  stockholders  are not satisfied  with the  Company's  corporate
governance and management.

      If you have already voted for the  incumbent  management  slate,  you have
every right to change your vote by signing,  dating and  returning a later dated
proxy.

      If you have any questions or require any assistance with your vote, please
contact Innisfree M&A Incorporated,  which is assisting us, at their address and
toll-free numbers listed on the following page.

                                    Thank you for your support.


                                    Jeffrey C. Smith
                                    Starboard Value and Opportunity Master
                                    Fund Ltd.






- --------------------------------------------------------------------------------

 IF YOU HAVE ANY QUESTIONS, REQUIRE ASSISTANCE IN VOTING YOUR WHITE PROXY CARD,
      OR NEED ADDITIONAL COPIES OF STARBOARD'S PROXY MATERIALS, PLEASE CALL
          INNISFREE M&A INCORPORATED AT THE PHONE NUMBERS LISTED BELOW.

- --------------------------------------------------------------------------------


                           INNISFREE M&A INCORPORATED
                         501 MADISON AVENUE, 20TH FLOOR
                               NEW YORK, NY 10022
                 STOCKHOLDERS CALL TOLL-FREE AT: (888) 750-5834
                BANKS AND BROKERS CALL COLLECT AT: (212) 750-5833




                       2007 ANNUAL MEETING OF STOCKHOLDERS
                                       OF
                                 DATASCOPE CORP.

                            -------------------------

                                 PROXY STATEMENT
                                       OF
                STARBOARD VALUE AND OPPORTUNITY MASTER FUND LTD.

                            -------------------------

         PLEASE SIGN, DATE AND MAIL THE ENCLOSED WHITE PROXY CARD TODAY

      Starboard  Value  and  Opportunity  Master  Fund  Ltd.,  a Cayman  Islands
exempted  company  ("Starboard"),  Parche,  LLC,  a Delaware  limited  liability
company ("Parche"),  RCG Starboard  Advisors,  LLC, a Delaware limited liability
company ("RCG Starboard  Advisors"),  Ramius Capital Group,  L.L.C.,  a Delaware
limited  liability  company  ("Ramius  Capital"),  C4S & Co., L.L.C., a Delaware
limited liability company ("C4S"), Peter A. Cohen ("Mr. Cohen"), Morgan B. Stark
("Mr.  Stark"),  Thomas W. Strauss  ("Mr.  Strauss"),  Jeffrey M. Solomon  ("Mr.
Solomon"),  David Dantzker, M.D. ("Dr. Dantzker") and William J. Fox ("Mr. Fox")
(collectively,  the "Ramius  Group") are  significant  stockholders of Datascope
Corp, a Delaware  corporation  ("Datascope" or the "Company").  The Ramius Group
does not believe that the Board of  Directors  of the Company  (the  "Board") is
acting in the best interests of its stockholders.  The Ramius Group is therefore
seeking your support at the annual meeting of stockholders  scheduled to be held
at the Company's offices located at _____________,  _______, _______,  ________,
on December 4, 2007 at _______ _.m., ___________,  including any adjournments or
postponements  thereof and any meeting  which may be called in lieu thereof (the
"Annual  Meeting"),  for the election of Starboard's  director  nominees,  David
Dantzker,  M.D. and William J. Fox (the "Ramius Nominees"),  to serve as Class I
directors of the Company.

      As of  ________  __,  2007,  the  approximate  date on  which  this  Proxy
Statement is being mailed to stockholders,  the members of the Ramius Group were
the beneficial owners of an aggregate of [_______] shares of common stock of the
Company,  par value $0.01 per share (the "Shares"),  which  currently  represent
approximately  [__._]% of the issued and  outstanding  Shares,  all of which are
entitled to be voted at the Annual Meeting.

      Datascope has set the record date for determining stockholders entitled to
notice of and to vote at the Annual  Meeting as [October  24], 2007 (the "Record
Date").  The mailing address of the principal  executive offices of Datascope is
14 Philips Parkway,  Montvale,  New Jersey 07645.  Stockholders of record at the
close of  business  on the Record  Date will be  entitled  to vote at the Annual
Meeting.  According to the Company,  as of the Record Date, there were [_______]
Shares outstanding and entitled to vote at the Annual Meeting.  The participants
in this solicitation  intend to vote all of their Shares FOR the election of the
Ramius Nominees.

THIS  SOLICITATION  IS BEING MADE BY THE  RAMIUS  GROUP AND NOT ON BEHALF OF THE
BOARD OF DIRECTORS OR MANAGEMENT  OF THE COMPANY.  THE RAMIUS GROUP IS NOT AWARE
OF ANY OTHER  MATTERS TO BE BROUGHT  BEFORE THE  ANNUAL  MEETING.  SHOULD  OTHER
MATTERS,  WHICH THE RAMIUS GROUP IS NOT AWARE OF A  REASONABLE  TIME BEFORE THIS




SOLICITATION, BE BROUGHT BEFORE THE ANNUAL MEETING, THE PERSONS NAMED AS PROXIES
IN THE ENCLOSED WHITE PROXY CARD WILL VOTE ON SUCH MATTERS IN THEIR DISCRETION.

THE RAMIUS  GROUP  URGES YOU TO SIGN,  DATE AND  RETURN THE WHITE  PROXY CARD IN
FAVOR OF THE ELECTION OF ITS NOMINEES.

IF YOU HAVE ALREADY  SENT A PROXY CARD  FURNISHED  BY  DATASCOPE  MANAGEMENT  TO
DATASCOPE,  YOU MAY REVOKE  THAT PROXY AND VOTE FOR THE  ELECTION  OF THE RAMIUS
NOMINEES BY SIGNING,  DATING AND  RETURNING THE ENCLOSED  WHITE PROXY CARD.  THE
LATEST DATED PROXY IS THE ONLY ONE THAT COUNTS.  ANY PROXY MAY BE REVOKED AT ANY
TIME PRIOR TO THE ANNUAL MEETING BY DELIVERING A WRITTEN NOTICE OF REVOCATION OR
A LATER DATED PROXY FOR THE ANNUAL  MEETING TO THE RAMIUS  GROUP,  C/O INNISFREE
M&A INCORPORATED WHICH IS ASSISTING IN THIS SOLICITATION, OR TO THE SECRETARY OF
DATASCOPE, OR BY VOTING IN PERSON AT THE ANNUAL MEETING.


                                      -2-


                                    IMPORTANT

      YOUR VOTE IS IMPORTANT, NO MATTER HOW FEW SHARES YOU OWN. THE RAMIUS GROUP
URGES YOU TO SIGN,  DATE, AND RETURN THE ENCLOSED WHITE PROXY CARD TODAY TO VOTE
FOR THE ELECTION OF THE RAMIUS NOMINEES.

      o     If your Shares are registered in your own name, please sign and date
            the enclosed WHITE proxy card and return it to the Ramius Group, c/o
            Innisfree M&A Incorporated in the enclosed envelope today.

      o     If your  Shares are held in a  brokerage  account  or bank,  you are
            considered  the  beneficial  owner of the  Shares,  and these  proxy
            materials, together with a WHITE voting form, are being forwarded to
            you by your broker or bank. As a beneficial owner, you must instruct
            your  broker,  trustee  or other  representative  how to vote.  Your
            broker  cannot  vote  your  Shares  on  your  behalf   without  your
            instructions.

      o     Depending  upon your  broker or  custodian,  you may be able to vote
            either by toll-free  telephone or by the  Internet.  Please refer to
            the  enclosed   voting  form  for   instructions   on  how  to  vote
            electronically.  You may also vote by signing,  dating and returning
            the enclosed voting form.

      Since only your latest  dated  proxy card will  count,  we urge you not to
return  any proxy  card you  receive  from the  Company.  Even if you return the
management  proxy card marked  "withhold"  as a protest  against  the  incumbent
directors,  it will  revoke any proxy card you may have  previously  sent to the
Ramius  Group.  Remember,  you can vote for our two  nominees  only on our WHITE
proxy card.  So please make  certain that the latest dated proxy card you return
is the WHITE proxy card.

                 If you have any questions regarding your proxy,
             or need assistance in voting your Shares, please call:


                           INNISFREE M&A INCORPORATED
                         501 MADISON AVENUE, 20TH FLOOR
                               NEW YORK, NY 10022
                 STOCKHOLDERS CALL TOLL-FREE AT: (888) 750-5834
                BANKS AND BROKERS CALL COLLECT AT: (212) 750-5833


                                      -3-


                          REASONS FOR THE SOLICITATION

      The  Ramius  Group  owns in the  aggregate  a  total  of  374,668  Shares,
representing  approximately  2.4% of the issued and outstanding  common stock of
the Company.  We believe the election of the Ramius Nominees represents the best
means for  Datascope's  stockholders  to maximize the value of their Shares.  We
believe that unlocking the long-term  value of the Company begins with increased
Board  oversight.  We believe better  leadership and oversight by the Board 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.

   WE ARE CONCERNED ABOUT THE RECENT RESIGNATIONS OF FIVE OF THE COMPANY'S KEY
   EMPLOYEES IN THE WAKE OF INVESTIGATIONS RELATING TO ALLEGATIONS OF CERTAIN
                     ETHICAL VIOLATIONS BY COMPANY INSIDERS.

      As stockholders we are deeply  concerned by the exodus in recent months of
five key executives, including the Chief Information Officer, the Vice President
of Business  Development,  a Corporate  Vice-President  and President of Cardiac
Assist, the Chief Financial Officer and the Corporate Counsel, and the potential
long-term  effects such  departures  may have on the Company.  These  executives
tendered their  resignations in the wake of investigations  into alleged ethical
violations  involving the Company's  Chairman and CEO,  including,  according to
Forms 8-K filed by the Company,  irregularities in expense reports,  involvement
in  unspecified  "sweet heart"  deals,  the personal  payment of dividends,  the
misuse of  corporate  counsel in  concealing  the  alleged  ethical  violations,
irregular  transactions  with  distributors  involving  a senior  executive  and
improper  medical  coverage  provided for the son of the Company's  Chairman and
CEO. We do not believe that it is a coincidence  that certain of the  executives
who resigned were members of the internal  committees that conducted the initial
investigations  which found  evidence that the ethical  matters in question were
indicative of overrides of controls.

      While we are not currently  challenging the results of the investigations,
we  believe  the  manner  in  which  the  investigations  were  handled  and the
resignations  that ensued are symptomatic of questionable  management  practices
and poor corporate  governance.  Such practices,  we feel, have the potential to
lead to long-term erosion of stockholder value.

   WE WISH TO PROVIDE STOCKHOLDERS WITH THE OPPORTUNITY TO ELECT NEW DIRECTORS
    TO THE BOARD WHO ARE TRULY INDEPENDENT AND WHO, IF ELECTED, WILL WORK TO
                            IMPROVE BOARD OVERSIGHT.

      The Ramius Group has  nominated  two highly  qualified  nominees,  each of
whom, if elected,  will exercise his independent judgment in accordance with his
fiduciary  duties as a director in all matters  that come before the Board.  The
Ramius Nominees are independent of the Company in accordance with SEC and Nasdaq
Stock Market rules on board  independence  and would seek to maximize  value for
all  stockholders.  If elected,  subject to their fiduciary duties as directors,
the Ramius Nominees would have the ability to work with the other members of the
Board to take those steps that they deem are  necessary  or  advisable to unlock
the Company's intrinsic value and generate long-term value at the Company.

      The Ramius  Nominees,  if elected,  will represent a minority of the Board
and will,  subject to their fiduciary  duties as directors,  work with the other
members of the Board to take those steps that they deem are necessary to improve
corporate  governance  and  maximize  stockholder  value.  Although  the  Ramius


                                      -4-


Nominees will not be able to adopt any measures  without the support of at least
some  members of the current  Board,  we believe that the election of the Ramius
Nominees will send a strong  message to the Board that  stockholders  believe in
the  long-term  value of the  Company and that the path to  maximizing  value is
through increased Board oversight,  higher standards of corporate governance and
proper management accountability.

      DATASCOPE HAS MAINTAINED SUB-STANDARD CORPORATE GOVERNANCE PRACTICES.

      The Ramius Group  believes that  Datascope has  maintained  poor corporate
governance   practices  that  inhibit  the   accountability  of  management  and
directors.  Examples  of  what  we  believe  to be  the  sub-standard  corporate
governance practices of Datascope include:

      o  The  consolidation  of power in combining  the position of Chairman and
         Chief Executive Officer;

      o  Maintaining of numerous  anti-takeover defenses including a shareholder
         rights  plan or "poison  pill" and the ability to issue  "blank  check"
         preferred stock;

      o  The ability of the Board to add directors without stockholder approval;
         and

      o  The  requirement  that  special  meetings of  stockholders  may only be
         called  by the  stockholders  to the  extent  they  hold  50.1%  of the
         outstanding voting shares.

      Such measures, we believe, serve no reasonable purpose other than to allow
for the  entrenchment of directors and demonstrate a disregard for the interests
of stockholders.  Furthermore, we question how a Chairman who also serves as CEO
can exercise independent judgment and perform his Board duties with due care and
loyalty.  We also  question the  necessity  of the rights plan or "poison  pill"
adopted  by the  Board in 1991,  which,  in our  opinion,  also  serves no other
purpose than to entrench the Board and management.

      Governance  provisions  such as these are contrary to the  guidelines  for
corporate  governance best practices issued by leading  advocates of stockholder
democracy,  such as Institutional  Shareholder Services (ISS) and Glass, Lewis &
Co. What these  provisions  do provide,  in our opinion,  is  insulation  to the
incumbent Board and few avenues for change to stockholders dissatisfied with the
status quo. If elected, the Ramius Nominees will use their best efforts to cause
the Board to terminate the poison pill and implement corporate governance reform
while exploring all potential alternatives to maximize shareholder value.

      In the event that the Board  attempts to use new bylaws or amended  bylaws
to prevent the stockholders,  including the Ramius Group, from accomplishing the
objectives described in this Proxy Statement,  the Ramius Nominees,  if elected,
intend to repeal any new or amended bylaws having such an effect.

      The  following  is a  chronology  of  events  leading  up  to  this  proxy
solicitation:

      o  On  September  24,  2007,  certain  representatives  of Ramius  Capital
         participated  in a conference  call with the Company's  Chief Financial
         Officer, Henry "Hank" Scaramelli. The purpose of the call was to gain a
         better  understanding of the Company's overall  strategy,  its business


                                      -5-


         segments and the end markets that it serves.  At the  conclusion of the
         conference call, the Ramius Capital representatives  requested that Mr.
         Scaramelli  assist in  scheduling  an in-person  meeting for the Ramius
         Capital representatives with Mr. Lawrence Saper, the Company's Chairman
         and CEO, at the Company's corporate headquarters.

      o  On October 4, 2007,  certain  representatives  of Ramius  Capital  were
         scheduled to meet with Mr.  Saper at the  Company's  headquarters.  The
         Company   canceled  the  meeting  and   informed  the  Ramius   Capital
         representatives  that the Company was in a "quiet  period." The meeting
         has been rescheduled for November 13, 2007.

      o  On October 12,  2007,  Starboard  delivered  a letter to the  Corporate
         Secretary  of the  Company  nominating  Dr.  Dantzker  and  Mr.  Fox as
         nominees for election to the Board at the Annual Meeting.

      o  On October 15, 2007, certain  representatives of Ramius Capital and its
         counsel had a conference call with Mr. Saper and the Company's  counsel
         to discuss  certain  matters  relating to the Company,  including Board
         representation.

      o  On October  15,  2007,  counsel  to the  Ramius  Group sent a letter to
         Datascope's  outside counsel.  The letter stated that Starboard and the
         Ramius  Nominees  are fully  prepared  to meet with the  members of the
         Company's   Nomination   and  Corporate   Governance   Committee   (the
         "Committee") to facilitate the Committee's  consideration of the Ramius
         Nominees for  recommendation  for election at the 2007 Annual  Meeting.
         The letter  further  stated that absent a decision by the  Committee to
         recommend the inclusion of the Ramius Nominees on the Company's  slate,
         Starboard intends to promptly file preliminary proxy materials with the
         Securities and Exchange  Commission ("SEC") in order to solicit proxies
         for the Ramius Nominees.

                                 PROPOSAL NO. 1

                              ELECTION OF DIRECTORS

      The Ramius Group is seeking  your  support at the Annual  Meeting to elect
the Ramius Nominees in opposition to Datascope's director nominees. The Board is
currently composed of 7 directors divided into three classes,  Class I, Class II
and Class III. The Ramius Group believes the two Class I directors' terms expire
at the Annual  Meeting.  We are seeking  your  support at the Annual  Meeting to
elect the Ramius  Nominees in opposition  to the two Datascope  Class I director
nominees.  Your vote to elect the Ramius  Nominees will have the legal effect of
replacing  two incumbent  directors of Datascope  with the Ramius  Nominees.  If
elected,  the Ramius  Nominees  will  represent a minority of the members of the
Board.

THE RAMIUS NOMINEES

      Set forth below are the name, age,  business  address,  present  principal
occupation,  and employment and material  occupations,  positions,  offices,  or
employments  for the past five years of each of the Nominees.  This  information
has been  furnished  to the  Ramius  Group by the  Nominees.  The  Nominees  are
citizens of the United States of America.


                                      -6-


      DAVID  DANTZKER,  M.D. (AGE 64) is a general  partner at Wheatley  MedTech
Partners,  L.P., a New York-based  venture  capital firm, a position he has held
since January 2001. Prior to serving with Wheatley MedTech  Partners,  L.P., Dr.
Dantzker served as Chief Executive Officer of Redox Pharmaceuticals  Corporation
from November 2000 until October 2001. Dr.  Dantzker served as President of Long
Island  Jewish  Medical  Center from July 1993 to October 1997 and  President of
North Shore--LIJ Health System from October 1997 until May 2000. Dr. Dantzker is
currently  chairman  of the board of  directors  of  Versamed,  Inc.,  a private
medical supply company and Oligomerix, a private  biopharmaceutical  company. He
is also a director of Visionsense,  Ltd., a private high-end medical  technology
company, Advanced Biohealing Inc., a private specialty biotechnology company and
Nuero-Hitech,  Inc. (NASD: NHPI), an early stage pharmaceutical  company engaged
in the  acquisition  and  development of therapies for  Alzheimer's  disease and
other degenerative  neurological disorders.  Dr. Dantzker has also served on the
faculty and in  leadership  positions  of four major  research-oriented  medical
schools,  has authored or co-authored 130 research papers and five textbooks and
is an  internationally  recognized expert in the area of pulmonary  medicine and
critical care. The principal  business  address of Dr.  Dantzker is c/o Wheatley
Partners,  L.P., 80 Cuttermill  Road, Great Neck, New York 11021. As of the date
hereof,  Dr.  Dantzker does not directly own any securities of Datascope nor has
he made any purchases or sales of any  securities  of Datascope  during the past
two years.  Dr.  Dantzker,  as a member of the Ramius Group, is deemed to be the
beneficial  owner of all the Shares  owned by members of the Ramius  Group.  For
information  regarding  purchases  and  sales  during  the past two years by the
members of the Ramius Group of  securities  of  Datascope  that are deemed to be
beneficially owned by Dr. Dantzker, see Schedule I.

      WILLIAM J. FOX (AGE 51) is a business  advisor  and  strategy  consultant.
From August 2006 until  September  2007,  Mr. Fox was Executive  Chairman of the
Board and a director  (since  September 2004) of Nephros,  Inc.  (AMEX:  NEP), a
medical  device  company.  From  October  2004 until May 2006,  Mr. Fox was Vice
Chairman of Barington  Capital and several of its affiliates,  a group of equity
investment  funds.  Until  December  2006,  Mr.  Fox had  been a  member  of the
Barington Advisory Board since the founding of the Barington Funds in 1999. From
October  2004  until May 2006,  Mr.  Fox served as  President,  Chief  Executive
Officer and a director of LQ Corporation  (formerly OTCBB: LQCI, now merged into
Sielox,  Inc.), a marketer of commercial and government security solutions,  and
from December 2004 until May 2006, Mr. Fox served as President,  Chief Executive
Officer  and a director of  Dynabazaar  Inc.  (OTCBB:  FAIM),  now Sielox,  Inc.
(OTCBB:  SLXN.OB)  which was  formerly  engaged  in online  auctions  of surplus
assets.  From November  2005 until May 2006,  Mr. Fox also served as a member of
the Executive Committee of Register.com (Cayman) L.P., a provider of domain name
registration and Internet  services.  From February 1999 until October 2004, Mr.
Fox served as Chairman,  President,  Chief  Executive  Officer and a director of
AKI, Inc. ("AKI"), a marketing and interactive  advertising  company, and during
that time,  Mr. Fox also  served as  President,  Chief  Executive  Officer and a
director of AKI Holding Corp.,  the parent of AKI. Prior to joining AKI, Mr. Fox
served as  President-Strategic  & Corporate Development of Revlon Worldwide,
Inc., Chief Executive  Officer of Revlon  Technologies,  Inc.,  Senior Executive
Vice  President of Revlon Inc. and Senior Vice  President  of  MacAndrews  &
Forbes Holdings Inc. ("MacAndrews").  Mr. Fox joined MacAndrews in 1983 and held
various  senior  executive  positions  in  MacAndrews  and  in  several  of  its
subsidiaries and affiliates,  including Revlon,  Inc., Brooks Drugs, The Coleman
Company,   First   Gibraltar  Bank  Holdings,   Wilbur   Chocolate,   New  World
Entertainment and


                                      -7-


Technicolor  Inc.  Mr.  Fox has also  served as a  director  of  several  public
companies,  including Loehmann's Holding Inc. (formerly NASD: LHMS) where he was
Co-Chairman of the Board (October 2000 through  October 2004), MM Companies Inc.
(now George Foreman  Enterprises  Inc.)  (2003-2004),  Revlon,  Inc. (NYSE: REV)
(1996-1999)  and The Hain Food  Group  where he was Vice  Chairman  of the Board
(NASD: HAIN) (1996-1999).  Mr. Fox received a B.B.A. (magna cum laude) in Public
Accounting from Pace University Lubin School and an M.B.A. (with distinction) in
Public  Accounting  from Pace  University  Graduate  School.  Mr.  Fox is also a
Certified Public  Accountant.  The principal business address of Mr. Fox is P.O.
Box 893,  Alpine,  New Jersey  07620.  As of the date  hereof,  Mr. Fox does not
directly own any  securities of Datascope nor has he made any purchases or sales
of any securities of Datascope  during the past two years.  Mr. Fox, as a member
of the  Ramius  Group,  is deemed to be the  beneficial  owner of all the Shares
owned by members of the Ramius Group.  For information  regarding  purchases and
sales during the past two years by the members of the Ramius Group of securities
of Datascope that are deemed to be  beneficially  owned by Mr. Fox, see Schedule
I.

      RCG Starboard  Advisors,  an affiliate of Ramius  Capital,  and the Ramius
Nominees,  have entered into compensation  letter agreements (the  "Compensation
Letter Agreements") regarding compensation to be paid to the Ramius Nominees for
their  agreement  to be named  and to serve as  Ramius  Nominees  and for  their
services as a director of  Datascope,  if elected.  Pursuant to the terms of the
Compensation Letter Agreements, RCG Starboard Advisors has agreed to pay each of
the Ramius  Nominees  $5,000 as a result of the  submission  by Starboard of its
nomination of the Ramius  Nominees to Datascope.  Upon the Ramius Group's filing
of a  definitive  proxy  statement  with the SEC relating to a  solicitation  of
proxies in favor of the Ramius  Nominees'  election as  directors  at the Annual
Meeting,  RCG Starboard Advisors has agreed to allow the Ramius Nominees each to
receive  a  profit  participation  with  respect  to the  sale by RCG  Starboard
Advisors or its  affiliates,  as the case may be, of the last  $20,000  worth of
Shares (the "Participation  Shares")  beneficially owned by either RCG Starboard
Advisors or its  affiliates,  as the case may be, to a third party  unaffiliated
with any member of the Ramius Group.  Pursuant to the terms of the  Compensation
Letter  Agreements,  each of the Ramius  Nominees  will be entitled to receive a
cash payment equal to the amount,  if any, by which the proceeds received by RCG
Starboard  Advisors or its affiliates,  as the case may be, from the sale of the
Participation Shares exceeds $20,000 in the aggregate.

      Ramius  Capital  and certain of its  affiliates,  have signed or intend to
sign a letter  agreement  pursuant to which they agree to  indemnify  the Ramius
Nominees   against  claims  arising  from  the   solicitation  of  proxies  from
Datascope's  stockholders  in connection with the Annual Meeting and any related
transactions.  Other  than  as  stated  herein,  there  are no  arrangements  or
understandings  between  members  of the  Ramius  Group  and  any of the  Ramius
Nominees or any other person or persons  pursuant to which the nomination of the
Ramius Nominees  described  herein is to be made, other than the consent by each
of the Ramius  Nominees  to be named in this Proxy  Statement  and to serve as a
director  of  Datascope  if elected as such at the Annual  Meeting.  None of the
Ramius  Nominees are a party adverse to Datascope or any of its  subsidiaries or
has a material  interest  adverse to Datascope or any of its subsidiaries in any
material pending legal proceedings.

      The Ramius Group does not expect that the Ramius  Nominees  will be unable
to stand for  election,  but, in the event that such persons are unable to serve
or for good cause will not serve,  the Shares  represented by the enclosed WHITE


                                      -8-


proxy  card  will be voted  for  substitute  nominees.  In  addition,  Starboard
reserves  the  right  to  nominate  substitute  persons  if  Datascope  makes or
announces  any changes to its Bylaws or takes or announces any other action that
has,  or if  consummated  would  have,  the effect of  disqualifying  the Ramius
Nominees.  In any such case, Shares represented by the enclosed WHITE proxy card
will be voted for such  substitute  nominees.  Starboard  reserves  the right to
nominate  additional persons if Datascope  increases the size of the Board above
its existing size or increases the number of directors whose terms expire at the
Annual Meeting.  Additional  nominations made pursuant to the preceding sentence
are without  prejudice to the position of Starboard that any attempt to increase
the size of the current Board or to  reconstitute  or reconfigure the classes on
which the current  directors serve  constitutes an unlawful  manipulation of the
Company's corporate machinery.

YOU ARE URGED TO VOTE FOR THE  ELECTION OF THE RAMIUS  NOMINEES ON THE  ENCLOSED
WHITE PROXY CARD.

      We are not aware of any other  proposals  to be brought  before the Annual
Meeting.  However, we intend to bring before the Annual Meeting such business as
may be appropriate,  including without limitation  nominating additional persons
for directorships,  or making any proposals as may be appropriate to address any
action of the  Board  not  publicly  disclosed  prior to the date of this  proxy
statement.  Should other  proposals be brought  before the Annual  Meeting,  the
persons  named as proxies  in the  enclosed  WHITE  proxy card will vote on such
matters in their discretion.


                                      -9-


VOTING AND PROXY PROCEDURES

      Only  stockholders of record on the Record Date will be entitled to notice
of and to vote at the  Annual  Meeting.  Each  Share is  entitled  to one  vote.
Stockholders  who sell Shares  before the Record Date (or acquire  them  without
voting rights after the Record Date) may not vote such Shares.  Stockholders  of
record on the Record Date will retain their voting rights in connection with the
Annual  Meeting even if they sell such Shares  after the Record  Date.  Based on
publicly  available  information,  the  Ramius  Group  believes  that  the  only
outstanding  class of  securities  of  Datascope  entitled to vote at the Annual
Meeting is the Shares.

      Shares represented by properly executed WHITE proxy cards will be voted at
the Annual Meeting as marked and, in the absence of specific instructions,  will
be voted  FOR the  election  of the  Ramius  Nominees  to the  Board  and in the
discretion  of the persons named as proxies on all other matters as may properly
come before the Annual Meeting.

      You are being asked to elect the Ramius Nominees. The enclosed WHITE proxy
card may only be voted for the Ramius  Nominees and does not confer voting power
with  respect  to the  Company's  nominees.  Accordingly,  you will not have the
opportunity  to vote for any of  Datascope's  nominees.  You can  only  vote for
Datascope's  nominees  by  signing  and  returning  a  proxy  card  provided  by
Datascope.  Stockholders  should refer to the Company's  proxy statement for the
names,   backgrounds,   qualifications  and  other  information  concerning  the
Company's nominees.  The participants in this solicitation intend to vote all of
their Shares in favor of the Ramius Nominees.

QUORUM

      A majority of the outstanding  Shares represented at the Annual Meeting in
person or by proxy will constitute a quorum for the transaction of business.

VOTES REQUIRED FOR APPROVAL

      VOTE REQUIRED FOR THE ELECTION OF  DIRECTORS.  A plurality of the votes of
Shares  present  in person or  represented  by proxy at the  Annual  Meeting  is
required to elect the  nominees for  director.  This means that the two nominees
receiving  the highest  number of "FOR" votes will be elected.  Abstentions  and
broker non- votes are  counted  for  purposes  of  determining  the  presence or
absence of a quorum for the transaction of business; however, unreturned proxies
are not counted for purposes of determining the presence or absence of a quorum.
Each Share entitles the holder thereof to one vote on all matters to come before
the Annual  Meeting of  Shareholders,  including  the election of  directors.  A
stockholder  may cast votes for the  Ramius  Nominees  either by so marking  the
ballot at the Annual  Meeting or by  specific  voting  instructions  sent with a
signed proxy to either the Ramius Group in care of Innisfree M&A Incorporated at
the address set forth on the back cover of this Proxy  Statement or to Datascope
at 14 Philips Parkway, Montvale, New Jersey 07645, or any other address provided
by Datascope.


                                      -10-


DISCRETIONARY VOTING

      Shares  held in  "street  name" and held of record  by banks,  brokers  or
nominees  may not be  voted  by such  banks,  brokers  or  nominees  unless  the
beneficial owners of such Shares provide them with instructions on how to vote.

REVOCATION OF PROXIES

      Stockholders  of Datascope  may revoke their  proxies at any time prior to
exercise  by  attending  the  Annual  Meeting  and  voting in  person  (although
attendance at the Annual Meeting will not in and of itself constitute revocation
of a proxy) or by delivering a written notice of  revocation.  The delivery of a
subsequently   dated  proxy  which  is  properly  completed  will  constitute  a
revocation of any earlier proxy.  The revocation may be delivered  either to the
Ramius Group in care of Innisfree M&A  Incorporated  at the address set forth on
the back cover of this Proxy  Statement or to  Datascope at 14 Philips  Parkway,
Montvale, New Jersey 07645, or any other address provided by Datascope. Although
a revocation is effective if delivered to Datascope,  the Ramius Group  requests
that either the original or photostatic  copies of all  revocations be mailed to
the Ramius Group in care of Innisfree M&A  Incorporated at the address set forth
on the back cover of this Proxy Statement so that the Ramius Group will be aware
of all revocations  and can more  accurately  determine if and when proxies have
been  received  from the  holders of record on the Record Date and the number of
outstanding Shares represented thereby. Additionally, Innisfree M&A Incorporated
may use this information to contact  stockholders who have revoked their proxies
in order to solicit later dated proxies for the election of the Ramius Nominees.

IF YOU WISH TO VOTE FOR THE ELECTION OF THE RAMIUS NOMINEES TO THE BOARD, PLEASE
SIGN, DATE AND RETURN PROMPTLY THE ENCLOSED WHITE PROXY CARD IN THE POSTAGE-PAID
ENVELOPE PROVIDED.

                             SOLICITATION OF PROXIES

      The solicitation of proxies pursuant to this Proxy Statement is being made
by the Ramius  Group.  Proxies may be solicited by mail,  facsimile,  telephone,
telegraph, Internet, in person and by advertisements.

      Starboard has entered into an agreement  with  Innisfree M&A  Incorporated
for solicitation and advisory services in connection with this solicitation, for
which Innisfree M&A Incorporated will receive a fee not to exceed $[__________],
together with reimbursement for its reasonable  out-of-pocket expenses, and will
be indemnified  against  certain  liabilities  and expenses,  including  certain
liabilities under the federal  securities laws.  Innisfree M&A Incorporated will
solicit  proxies  from  individuals,  brokers,  banks,  bank  nominees and other
institutional holders. Starboard has requested banks, brokerage houses and other
custodians,  nominees and fiduciaries to forward all  solicitation  materials to
the  beneficial  owners  of the  Shares  they  hold of  record.  Starboard  will
reimburse these record holders for their reasonable out-of-pocket expenses in so
doing.  It  is  anticipated   that  Innisfree  M&A   Incorporated   will  employ
approximately  [__] persons to solicit  Datascope's  stockholders for the Annual
Meeting.


                                      -11-


      The entire  expense  of  soliciting  proxies is being  borne by the Ramius
Group.  Costs of this  solicitation  of proxies are  currently  estimated  to be
approximately  $___,000.00.  The Ramius  Group  estimates  that through the date
hereof its  expenses in  connection  with this  solicitation  are  approximately
$___,000.00.

                          OTHER PARTICIPANT INFORMATION

      Each member of the Ramius Group is a participant in this solicitation. The
principal  business  of each of  Starboard  and  Parche is  serving as a private
investment fund. Each of Starboard and Parche has been formed for the purpose of
making  equity  investments  and,  on  occasion,  taking an  active  role in the
management of portfolio  companies in order to enhance  stockholder  value.  The
principal  business of RCG Starboard Advisors is acting as investment manager of
Starboard  and  managing  member of Parche.  Ramius  Capital is engaged in money
management and investment  advisory  services for third parties and  proprietary
accounts.  C4S serves as  managing  member of Ramius  Capital.  Mr.  Cohen,  Mr.
Strauss, Mr. Stark and Mr. Solomon serve as co-managing members of C4S.

      The address of the  principal  office of each of Parche,  RCG  Starboard
Advisors,  Ramius  Capital,  C4S, Mr. Cohen,  Mr. Stark,  Mr.  Strauss and Mr.
Solomon  is 666 Third  Avenue,  26th  Floor,  New York,  New York  10017.  The
address  of the  principal  office of  Starboard  is c/o Citco  Fund  Services
(Cayman  Islands)  Limited,  Corporate  Center,  West Bay Road,  Grand Cayman,
Cayman Islands, British West Indies.

      As of the date hereof,  Starboard  beneficially  owns  314,882  Shares and
Parche  beneficially  owns 59,786 Shares.  As of the date hereof,  RCG Starboard
Advisors  (as the  investment  manager of Starboard  and the managing  member of
Parche) may be deemed to be the beneficial  owner of the 314,882 Shares owned by
Starboard and the 59,786 Shares owned by Parche.  As of the date hereof,  Ramius
Capital (as the sole member of RCG  Starboard  Advisors),  C4S (as the  managing
member of Ramius Capital) and Mr. Cohen,  Mr. Stark, Mr. Strauss and Mr. Solomon
(as the managing  members of C4S) each may be deemed to be the beneficial  owner
of the 314,882  Shares owned by Starboard and the 59,786 Shares owned by Parche.
Mr. Cohen,  Mr. Stark,  Mr. Strauss and Mr. Solomon share voting and dispositive
power  with  respect to the Shares  owned by  Starboard  and Parche by virtue of
their shared authority to vote and dispose of such Shares. Messrs. Cohen, Stark,
Strauss and Solomon disclaim  beneficial  ownership of such Shares except to the
extent of their pecuniary  interest therein.  Each of the Ramius Nominees,  as a
member of a "group"  for the  purposes  of Section  13(d)(3)  of the  Securities
Exchange  Act of 1934,  as amended,  is deemed to be a  beneficial  owner of the
314,882 Shares owned by Starboard and the 59,786 Shares owned by Parche. Each of
the Ramius Nominees  disclaims  beneficial  ownership of Shares that he does not
directly own.

      For information  regarding  purchases and sales of securities of Datascope
during the past two years by members of the Ramius Group, see Schedule I.

      The Ramius  Group  intends to seek  reimbursement  from  Datascope  of all
expenses it incurs in connection  with the  Solicitation.  The Ramius Group does
not intend to submit the  question of such  reimbursement  to a vote of security
holders of the Company.


                                      -12-


      Except as set  forth in this  Proxy  Statement  (including  the  Schedules
hereto),  (i) during the past 10 years, no participant in this  solicitation has
been convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors);  (ii) no participant in this solicitation  directly or indirectly
beneficially  owns any  securities of Datascope;  (iii) no  participant  in this
solicitation  owns any securities of Datascope which are owned of record but not
beneficially; (iv) no participant in this solicitation has purchased or sold any
securities of Datascope  during the past two years;  (v) no part of the purchase
price or market value of the securities of Datascope owned by any participant in
this solicitation is represented by funds borrowed or otherwise obtained for the
purpose of acquiring or holding such  securities;  (vi) no  participant  in this
solicitation  is,  or  within  the  past  year  was,  a party  to any  contract,
arrangements or understandings with any person with respect to any securities of
Datascope,  including,  but not  limited  to,  joint  ventures,  loan or  option
arrangements,  puts or calls,  guarantees  against loss or guarantees of profit,
division of losses or profits, or the giving or withholding of proxies; (vii) no
associate of any participant in this solicitation owns beneficially, directly or
indirectly,  any  securities  of  Datascope;   (viii)  no  participant  in  this
solicitation owns  beneficially,  directly or indirectly,  any securities of any
parent or subsidiary of Datascope;  (ix) no participant in this  solicitation or
any of his/its  associates was a party to any transaction,  or series of similar
transactions, since the beginning of Datascope's last fiscal year, or is a party
to any currently proposed  transaction,  or series of similar  transactions,  to
which Datascope or any of its subsidiaries was or is to be a party, in which the
amount involved exceeds $120,000; (x) no participant in this solicitation or any
of his/its  associates has any arrangement or understanding with any person with
respect to any future employment by Datascope or its affiliates, or with respect
to any future  transactions  to which Datascope or any of its affiliates will or
may be a  party;  and  (xi)  no  person,  including  the  participants  in  this
solicitation,  who is a party to an  arrangement  or  understanding  pursuant to
which the Ramius Nominees are proposed to be elected has a substantial interest,
direct or indirect,  by security holdings or otherwise in any matter to be acted
on at the Annual Meeting.

                    OTHER MATTERS AND ADDITIONAL INFORMATION

      The Ramius Group is unaware of any other  matters to be  considered at the
Annual  Meeting.  However,  should other matters,  which the Ramius Group is not
aware of a  reasonable  time before  this  solicitation,  be brought  before the
Annual  Meeting,  the persons named as proxies on the enclosed  WHITE proxy card
will vote on such matters in their discretion.

      THE RAMIUS GROUP HAS OMITTED FROM THIS PROXY STATEMENT CERTAIN  DISCLOSURE
REQUIRED BY  APPLICABLE  LAW THAT IS  EXPECTED  TO BE INCLUDED IN THE  COMPANY'S
PROXY STATEMENT  RELATING TO THE ANNUAL MEETING.  THIS DISCLOSURE IS EXPECTED TO
INCLUDE,  AMONG OTHER THINGS,  CURRENT  BIOGRAPHICAL  INFORMATION ON DATASCOPE'S
CURRENT DIRECTORS,  INFORMATION  CONCERNING  EXECUTIVE  COMPENSATION,  AND OTHER
IMPORTANT INFORMATION. ALTHOUGH WE DO NOT HAVE ANY KNOWLEDGE INDICATING THAT ANY
STATEMENT  MADE BY THE  RAMIUS  GROUP  HEREIN  IS  UNTRUE,  WE DO NOT  TAKE  ANY
RESPONSIBILITY  FOR THE ACCURACY OR COMPLETENESS OF STATEMENTS TAKEN FROM PUBLIC
DOCUMENTS  AND RECORDS  THAT WERE NOT  PREPARED BY OR ON OUR BEHALF,  OR FOR ANY
FAILURE BY  DATASCOPE  TO DISCLOSE  EVENTS THAT MAY AFFECT THE  SIGNIFICANCE  OR


                                      -13-


ACCURACY OF SUCH INFORMATION.  SEE SCHEDULE II FOR INFORMATION REGARDING PERSONS
WHO  BENEFICIALLY OWN MORE THAN 5% OF THE SHARES AND THE OWNERSHIP OF THE SHARES
BY THE DIRECTORS AND MANAGEMENT OF DATASCOPE.

      The information concerning Datascope contained in this Proxy Statement and
the Schedules  attached  hereto has been taken from, or is based upon,  publicly
available information.


                                          THE RAMIUS GROUP

                                          _______________ __, 2007


                                      -14-


                                   SCHEDULE I

                     TRANSACTIONS IN SECURITIES OF DATASCOPE
                            DURING THE PAST TWO YEARS

     EXCEPT AS OTHERWISE SPECIFIED, ALL PURCHASES AND SALES WERE MADE IN THE
                                  OPEN MARKET.

  Shares of Common Stock           Price Per                  Date of
         Purchased                  Share($)                 Purchase
         ---------                  --------                 --------

               STARBOARD VALUE AND OPPORTUNITY MASTER FUND LTD.
               ------------------------------------------------

           1,000                    34.6040                   09/25/07
           2,100                    34.3700                   09/26/07
           8,812                    34.1377                   09/28/07
           4,869                    34.7164                   10/01/07
          16,716                    35.6471                   10/09/07
          18,648                    35.9736                   10/10/07
          10,920                    35.6423                   10/11/07
           2,604                    35.7155                   10/12/07
          15,456                    35.7657                   10/15/07
           7,812                    35.7495                   10/16/07
         207,648                    35.7500                   10/17/07
          16,775                    35.1959                   10/17/07
             407                    35.0000                   10/18/07
           1,115                    34.9642                   10/18/07


                                   PARCHE, LLC
                                   -----------

           3,006*                   36.0000                   10/09/07
           3,184                    35.6471                   10/09/07
           3,552                    35.9736                   10/10/07
           2,080                    35.6423                   10/11/07
             496                    35.7155                   10/12/07
           2,944                    35.7657                   10/15/07
           1,488                    35.7495                   10/16/07
          39,552                    35.7500                   10/17/07
           3,195                    35.1959                   10/17/07
              77                    35.0000                   10/18/07
             212                    34.9642                   10/18/07


- ----------------
* Shares were  acquired in private  transactions  with various  transferors  for
which Ramius  Capital  Group,  L.L.C.  or an affiliate  serves as the investment
manager, the managing member or the managing member of the investment manager.


                                       I-1


                                   SCHEDULE II

  THE FOLLOWING TABLE IS REPRINTED FROM DATASCOPE'S PROXY STATEMENT FILED WITH
           THE SECURITIES AND EXCHANGE COMMISSION ON ___________, 2007

            SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN STOCKHOLDERS

      The following table provides information as to each person who is known to
the Company to be the beneficial  owner of more than 5% of the Company's  voting
securities  and of the  Company's  directors  and  executive  officers  and  all
directors  and  executive  officers as a group as of _________  __, 2007 (unless
otherwise indicated):


                                      II-1


                                    IMPORTANT

      Tell your Board what you think! Your vote is important. No matter how many
Shares you own,  please give the Ramius Group your proxy FOR the election of the
Ramius Nominees by taking three steps:

      o     SIGNING the enclosed WHITE proxy card,

      o     DATING the enclosed WHITE proxy card, and

      o     MAILING the enclosed WHITE proxy card TODAY in the envelope provided
            (no postage is required if mailed in the United States).

      If any of your Shares are held in the name of a brokerage firm, bank, bank
nominee or other institution, only it can vote such Shares and only upon receipt
of  your  specific   instructions.   Accordingly,   please  contact  the  person
responsible for your account and instruct that person to execute the WHITE proxy
card representing your Shares.  The Ramius Group urges you to confirm in writing
your  instructions to the Ramius Group in care of Innisfree M&A  Incorporated at
the  address  provided  below  so that  the  Ramius  Group  will be aware of all
instructions  given  and can  attempt  to  ensure  that  such  instructions  are
followed.

      If you have any questions or require any additional information concerning
this Proxy Statement,  please contact  Innisfree M&A Incorporated at the address
set forth below.


                           Innisfree M&A Incorporated
                         501 Madison Avenue, 20th Floor
                               New York, NY 10022
                 Stockholders Call Toll-Free at: (888) 750-5834
                Banks and Brokers Call Collect at: (212) 750-5833




                     PRELIMINARY COPY SUBJECT TO COMPLETION
                             DATED OCTOBER 19, 2007

                                 DATASCOPE CORP.

                       2007 ANNUAL MEETING OF STOCKHOLDERS

              THIS PROXY IS SOLICITED ON BEHALF OF THE RAMIUS GROUP

                  THE BOARD OF DIRECTORS OF THE DATASCOPE CORP.
                          IS NOT SOLICITING THIS PROXY


                                    P R O X Y


The undersigned  appoints  _______________  and ____________,  and each of them,
attorneys  and  agents  with full  power of  substitution  to vote all shares of
common stock of the Datascope  Corp.  ("Datascope"  or the "Company")  which the
undersigned  would be entitled to vote if personally  present at the 2007 Annual
Meeting of  Stockholders  of the Company  scheduled to be held at the  Company's
offices located at _____________,  _______,  _______,  ________,  on December 4,
2007  at  _______  _.m.,  ___________,  and  including  at any  adjournments  or
postponements  thereof and at any meeting  called in lieu  thereof  (the "Annual
Meeting").

The undersigned  hereby revokes any other proxy or proxies  heretofore  given to
vote or act with  respect to the shares of common  stock of the Company  held by
the  undersigned,  and hereby  ratifies and confirms all action the herein named
attorneys and proxies,  their  substitutes,  or any of them may lawfully take by
virtue hereof. If properly executed, this Proxy will be voted as directed on the
reverse and in the discretion of the herein named attorneys and proxies or their
substitutes  with respect to any other  matters as may properly  come before the
Annual  Meeting that are unknown to the Ramius  Group a  reasonable  time before
this solicitation.

IF NO DIRECTION IS INDICATED  WITH RESPECT TO THE PROPOSAL ON THE REVERSE,  THIS
PROXY WILL BE VOTED FOR PROPOSAL 1.

This Proxy will be valid until the sooner of one year from the date indicated on
the reverse side and the completion of the Annual Meeting.

       IMPORTANT: PLEASE SIGN, DATE AND MAIL THIS PROXY CARD PROMPTLY!

                  CONTINUED AND TO BE SIGNED ON REVERSE SIDE




[X] PLEASE MARK VOTE AS IN THIS EXAMPLE

      THE RAMIUS GROUP STRONGLY RECOMMENDS THAT STOCKHOLDERS VOTE IN FAVOR OF
                  THE NOMINEES LISTED BELOW IN PROPOSAL NO.1

Proposal  No. 1 - The Ramius Group's Proposal to Elect David Dantzker, M.D.
and William J. Fox as Class I directors of the Company.

                                                     WITHHOLD        FOR ALL
                                                   AUTHORITY TO       EXCEPT
                                      FOR ALL      VOTE FOR ALL     NOMINEE(S)
                                     NOMINEES        NOMINEES     WRITTEN BELOW
Nominees:   David Dantzker, M.D.        [ ]            [ ]             [ ]
            William J. Fox
                                                                  --------------





DATED:
       -----------------------------

- ------------------------------------
(Signature)

- ------------------------------------
(Signature, if held jointly)

- ------------------------------------
(Title)

WHEN  SHARES ARE HELD  JOINTLY,  JOINT  OWNERS  SHOULD  EACH SIGN.  EXECUTORS,
ADMINISTRATORS,   TRUSTEES,  ETC.,  SHOULD  INDICATE  THE  CAPACITY  IN  WHICH
SIGNING.  PLEASE SIGN EXACTLY AS NAME APPEARS ON THIS PROXY.


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