Harris & Harris Group Notes Article in The New York Times

Harris & Harris Group Notes Article in The New York Times

NEW YORK, March 22, 2013 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc.
(Nasdaq:TINY), an early-stage, active investor in transformative
nanotechnology companies, notes an article by Quentin Hardy in the March 22,
2013, issue of The New York Times, discussing Lockheed Martin's intent to
upgrade to commercial scale the quantum computer it purchased from D-Wave
Systems, Inc., becoming the first company to use quantum computing as part of
its business. If it performs as Lockheed Martin and D-Wave expect, the
upgraded quantum computer could have the potential to supercharge powerful
systems, solving some science and business problems millions of times faster
than can be done today.

Quantum computing is much faster than traditional computing because of the
unusual properties of particles at the smallest level.Instead of the
precision of ones and zeros that have been used to represent data since the
earliest days of computers, quantum computing relies on the fact that
subatomic particles inhabit a range of states.Different relationships among
the particles may coexist, as well.Those probable states can be narrowed to
determine an optimal outcome among a near-infinitude of possibilities, which
allows certain types of problems to be solved rapidly.

"We view Lockheed Martin's decision to upgrade its quantum computer from
D-Wave as exciting commercial validation of the potential for D-Wave's
technology," stated Douglas W. Jamison, CEO of Harris & Harris Group. "As an
early-stage investor, this is the type of validation we strive for when we
make our initial investments in portfolio companies.We are excited about the
potential that this and other interest in D-Wave's technology will lead to in
the future."The full article may be accessed

Harris & Harris Group is an investor in privately held, D-Wave Systems, Inc.

Detailed information about Harris & Harris Group and its holdings can be found
on its website at www.HHVC.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 for the fiscal
year ended December 31, 2012, as well as subsequent filings, 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, the Company
undertakes no obligation to update or revise these forward-looking statements
to reflect new events or uncertainties. The references to the websites
www.HHVC.com and www.nytimes.com have been provided as a convenience, and the
information contained on such websites is not incorporated by reference into
this press release.Harris & Harris Group is not responsible for the contents
of third party websites.

         (212) 582-0900
Press spacebar to pause and continue. Press esc to stop.