Harris & Harris Group to Present at the 14th Annual Needham Growth Conference

NEW YORK, Jan. 5, 2012 (GLOBE NEWSWIRE) -- The management of Harris & Harris Group, Inc. (Nasdaq:TINY) will be presenting at the 14^th Annual Needham Growth Conference at the New York Palace Hotel, Room Kennedy I, on Wednesday, January 11, 2012, at 10:40 a.m. Eastern Time.

Harris & Harris Group is an early-stage, active investor in transformative nanotechnology companies. 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, 2010, 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 reference to the website www.HHVC.com has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

CONTACT: Company Contact:

         Douglas W. Jamison
         Harris & Harris Group, Inc.
         Chairman and Chief Executive Officer
         (212) 582-0900

         Investor Contact:

         Harriet Fried/Jody Burfening
         Lippert Heilshorn & Associates
         (212) 838-3777

Released January 5, 2012