NEWS RELEASE


HARRIS & HARRIS GROUP, INC. MAY 23, 2005
111 WEST 57TH STREET
NEW YORK, NEW YORK 10019
NASDAQ/NMS SYMBOL: TINY
CONTACT: CHARLES E. HARRIS
TEL. NO. (212) 582-0900



"TOP PICKS FOR 2005" AT NANOTECH VENTURES CONFERENCE


Shareholders of Harris & Harris Group, Inc., may be interested to know that NanoOpto Corporation, Molecular Imprints, Inc., and Vialogy Corporation were awarded "Top Picks for 2005" honors at the 2005 Nano Science and Technology Institute (NSTI) Nanotech Ventures Conference, held in Anaheim, CA, from May 15-18, 2005. Shareholders can read more at http://www.wireless-industrynews.com/20050520/nsti_announces_top_picks_for_early_stage_ companies_reviews_at_nanotech_ventures_bf.jspx.

Harris & Harris Group is an investor in NanoOpto and Molecular Imprints, which are both privately held. Harris & Harris Group has invested a total of $3,085,854 in NanoOpto and $2,000,000 in Molecular Imprints.

Harris & Harris Group is a publicly traded venture capital company that now makes initial investments exclusively in tiny technology, including nanotechnology, microsystems and microelectromechanical systems (MEMS). The Company's last 24 initial private equity investments have been in tiny-technology enabled companies.

Harris & Harris Group is a business development company with 17,248,845 common shares outstanding.

Detailed information about Harris & Harris Group and its holdings can be found on its website at www.TinyTechVC.com.



This news 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 news release. Please see the Company's Annual Report on Form 10-K 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.wireless-industry-news.com has been provided as a convenience and not as an endorsement by the Company of the contents of such website. The Company does not make any representations regarding the content or accuracy of materials on such website. Information contained on such website is not incorporated by reference into this news release.






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