Harris & Harris Group to Host Conference Call on Fourth-Quarter 2011 Financial Results on March 16, 2012

NEW YORK, March 5, 2012 (GLOBE NEWSWIRE) -- The management of Harris & Harris Group, Inc., (Nasdaq:TINY), will hold a conference call to discuss the Company's financial results for its fourth quarter 2011, to update shareholders and analysts on our business and to answer questions, on Friday, March 16, 2012, at 10:00 a.m. Eastern Time.

Please access the site at least 15 minutes prior to the scheduled start time in order to download the required audio software (RealPlayer or Windows Media Player). A replay of the webcast and visual presentation will be accessible through the Company's website for 30 days following the live event. For those unable to listen to the call via the Internet, a replay of the call will be available until midnight Eastern Time on Thursday, March 23, 2012 by dialing (404) 537-3406. The passcode for the replay is #56055241.

In addition, Harris & Harris Group is hosting a "Meet the Portfolio" Day on Tuesday, March 13, 2012, at the NASDAQ MarketSite (Four Times Square, 43rd Street & Broadway) in New York City. The event will feature ten growing companies in its portfolio. For more information or to register for the event, contact Harriet Fried of LHA at 212-838-3777 or hfried@lhai.com.

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

         Harriet Fried/Jody Burfening
         LHA
         (212) 838-3777

Released March 5, 2012