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NEWS RELEASE
Shareholders of Harris & Harris Group, Inc. may be interested to read several current news articles on tiny technology. Forbes has published an article by Elizabeth Corcoran entitled, "Mr. Nanotech," about the venture capitalist, Steve Jurvetson, of the venture capital firm, Draper Fisher Jurvetson (DFJ). The article focuses on DFJ's leadership in tiny-technology investing and mentions one of the companies in which Harris & Harris Group has co-invested with DFJ, Nantero, Inc. (www.nantero.com). (Harris & Harris Group is also a co-investor with DFJ and its affiliates in two other tiny-tech companies, NeoPhotonics Corporation (www.neophotonics.com) and NanoOpto Corporation (www.nanoopto.com).) This article may be read on Forbes' website at www.forbes.com. USA Today has an article by Matt Krantz under Tech, entitled, "How Does One Invest in Nanotechnology." The author's view is that, "The technology is so early stage that it'll most likely be at least a decade before we see any practical uses of it." "And some of the most promising work, such as that being done by Nanosys in Silicon Valley, is by private companies that you can't invest in." Harris & Harris Group's largest tiny-technology investment is in Nanosys. This article may be accessed on the web at www.usatoday.com. In today's Boston Globe, there are two articles of potential interest to Harris & Harris Group's shareholders. An article by Robert Galvin under Nanotechnology, entitled, "Immense Potential Lies in Amazing Small Things," focuses on tiny-technology research and commercialization in the Massachusetts area, which to date has been the single-greatest source of intellectual property for Harris & Harris Group's tiny-technology investments. Another article, by Peter J. Howe, under Tech & Innovation, entitled, "Nanotube Computer Memory Shows Promise," focuses on Nantero, Inc., a company in which Harris & Harris & Harris Group has an investment. These articles may be read on the Boston Globe's website, www.boston.com. Harris & Harris Group is a publicly traded venture capital company that now makes initial investments exclusively in tiny technology, including microsystems, microelectromechanical systems (MEMS) and nanotechnology. The Company's last 10 initial private equity investments have been in tiny-technology enabled companies. Harris & Harris Group, Inc. is a Business Development Company with 11,498,845 common shares outstanding. Detailed information about Harris & Harris Group, Inc. and its holdings can be found on its website at http://www.TinyTechVC.com. This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Please see the Company's Annual Report on Form 10-K and recent Prospectus filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business, including but not limited to the risks and uncertainties associated with venture capital investing and other significant factors that could affect the Company's actual results. Except as otherwise required by Federal securities laws, Harris & Harris Group, Inc. undertakes no obligation to update or revise these forward-looking-statements to reflect new events or uncertainties. |
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