Nanotechnology Now - Press Release: Harris & Harris Group Reports Financial Statements as of June 30, 2008

Home > Press > Harris & Harris Group Reports Financial Statements as of June 30, 2008

Abstract:
Harris & Harris Group, Inc. (Nasdaq:TINY), reported today that, as of June 30, 2008, its net asset value and net asset value per share were $153,778,840 and $5.95, respectively.

Harris & Harris Group Reports Financial Statements as of June 30, 2008

New York, NY | Posted on August 7th, 2008

                          SUMMARY OF FINANCIAL RESULTS                
                          ----------------------------                
                                                                      
                     June 30,    March 31,  December 31,    June 30,  
                      2008         2008         2007         2007     
                   (Unaudited)  (Unaudited)  (Audited)   (Unaudited)  
                                                                      
 Total Assets     $155,786,983 $140,772,639 $142,893,332 $132,584,447 
 Net Assets       $153,778,840 $136,541,289 $138,363,344 $128,222,333 
 Net Asset                                                            
  Value per Share        $5.95        $5.86        $5.93        $5.54 
 Shares                                                               
  Outstanding       25,859,573   23,314,573   23,314,573   23,141,924

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About Harris & Harris Group
Harris & Harris Group is a publicly traded venture capital company that makes investments exclusively in tiny technology, including nanotechnology, microsystems and microelectromechanical systems (MEMS).

Detailed information about Harris & Harris Group and its holdings can be found on its website at 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 Registration Statement on Form N-2 and Annual Report on Form 10-K for the year ended December 31, 2007, 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. The reference to the website www.TinyTechVC.com has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

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Contacts:
Harris & Harris Group, Inc.
Charles E. Harris
(212) 582-0900

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