Filed Pursuant to Rule 497(i)
Registration No. 333-138996
PRESS RELEASE FOR IMMEDIATELY RELEASE
HARRIS & HARRIS GROUP, INC. (R) MAY 14, 2007
111 WEST 57th STREET, SUITE 1100
NEW YORK, NEW YORK 10019 CONTACT: CHARLES E. HARRIS
NASDAQ/NMS SYMBOL: TINY TEL. NO. (212) 582-0900
HARRIS & HARRIS GROUP NOTES THAT
SHELF REGISTRATION IS NOW EFFECTIVE
Harris & Harris Group, Inc., ("the Company") announced
today that the Securities & Exchange Commission ("SEC") has
declared its shelf registration statement relating to the offer
and sale from time-to-time of up to 4,000,000 shares of the
Company's common stock effective. This shelf registration
statement was originally filed with the SEC on November 29,
2006.
If and when the Company decides to do takedowns from this
shelf registration, it will file a prospectus supplement
identifying any agents or underwriters involved in the sale of
common stock and describing the method and terms of the
particular offering.
This press release does not constitute an offer to sell or
a solicitation of an offer to buy the securities referred to
herein, nor shall there be any sale of these securities in any
state in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state.
Investors are advised to carefully consider the investment
objectives, risks and charges and expenses of the Company before
investing. The prospectus dated May 11, 2007, contains, and any
related prospectus supplement, when available, will contain this
and other information about the Company and should be read
carefully before investing. An offering may be made only by
means of a prospectus and a related prospectus supplement,
copies of which may be obtained when available from Harris &
Harris Group, Inc., 111 West 57th Street, Suite 1100, New York,
NY 10019, at (212) 582-0900, or the underwriters named in any
prospectus supplement relating to the offering of securities
referred to herein.
Harris & Harris Group is a publicly traded venture capital
company that makes initial investments exclusively in tiny
technology, including nanotechnology, microsystems and
microelectromechanical systems (MEMS). The Company's last 33
initial private equity investments have been in tiny technology-
enabled companies. The Company has 21,341,029 shares of common
stock outstanding.
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, 2006, 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.