Harris & Harris Group Announced as Top Ranked High-Tech Investor by SBIR Source and as an Investor in Innovation by Forbes.com

Harris & Harris Group Announced as Top Ranked High-Tech Investor by SBIR
Source and as an Investor in Innovation by Forbes.com

NEW YORK, Feb. 19, 2014 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc.
(Nasdaq:TINY), an investor in transformative companies enabled by disruptive
science, is pleased to announce that we have been ranked #1 by SBIR Source as
the Top Investor in High-Technology. The article discusses in detail the Small
Business Innovation Research ("SBIR") funding program, which funds cutting
edge technology and research with commercial applications. SBIR funding,
according to GrantIQ, "is a very strong indicator that companies are high tech
or hard tech." Harris & Harris Group topped the rankings based on the
percentage of SBIR-backed companies in their historical portfolios and
weighted according to the number of companies in each portfolio. The detailed
rankings and methodologies used to derive them can be accessed at
http://sbirsource.com/sbir/investors/.

Additionally, Harris & Harris Group is characterized as a venture capital firm
that invests in true innovation in an article posted on Forbes.com by J.J.
Colao titled, "Are These The VC Firms That Actually Fund Innovation?" The
article discusses Harris & Harris Group's portfolio companies, D-Wave Systems,
Inc., Solazyme, Inc., and Nantero, Inc., as innovators in their respective
industries. The article can be accessed at
http://www.forbes.com/sites/jjcolao/2014/02/18/are-these-the-vc-firms-that-actually-fund-innovation/.
D-Wave Systems was also ranked by MIT Technology Review as one of the top 50
smartest companies. The article can be accessed at
http://www.mediawebsite.net/elpaso/story/?catSetID=7007&catID=291157&nrid=245959081&page=1.

The articles discuss that science-based investing has been the foundation of
the United States for many centuries. While a variety of consumer based
platforms have come and gone, the foundation of some of the largest and most
prominent companies in the world were built based on the hard sciences;
biology, physics, chemistry, material science and analytics.

"We believe our continued commitment to investing at the intersection of
biology and other scientific disciplines will lead to innovations
commercialized by transformative companies using disruptive science in the
future," said Douglas W. Jamison, CEO of Harris & Harris Group. "We are very
appreciative that SBIR Source and J.J. Colao from Forbes recognized the
importance and major contribution we have made and continue to make by guiding
our early-stage companies to become global disruptors."

Detailed information about Harris & Harris Group and its holdings can be found
on its website at www.HHVC.com and on Facebook at
www.facebook.com/harrisharrisvc.

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, www.facebook.com, http://sbirsource.com, www.forbes.com and
www.mediawebsite.net 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.

CONTACT: DOUGLAS W. JAMISON
         (212) 582-0900
 
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