Business Services Industry

Harris & Harris Group Notes Nanophase Three-Year Contract

Business Wire, Dec 3, 1999

NEW YORK--(BUSINESS WIRE)--Dec. 3, 1999--

Harris & Harris Group, Inc. noted today that Nanophase Technologies Corporation (NASDAQ National Market: NANX) announced yesterday that it has secured a three-year supply contract.

Nanophase provides engineered solutions utilizing nanocrystalline materials produced by its proprietary technology. Please see Nanophase Technologies Corporation's Website, www.nanophase.com, for details. The information contained on Nanophase Technologies Corporation's Website is not independently verified by Harris & Harris Group, which takes no responsibility for its content nor for any actions that anyone may take in reaction to it.

Harris & Harris Group owns a total of 758,016 shares, or approximately 5.9 percent of Nanophase's outstanding shares. Harris & Harris Group purchased 672,916 of these shares from Nanophase prior to Nanophase's 1997 IPO. Harris & Harris Group acquired its additional 85,100 shares of Nanophase through open market purchases.

Harris & Harris Group is a Business Development Company with 9,240,831 common shares outstanding. Detailed information about Harris & Harris Group and its holdings can be found on its website at http://www.hhgp.com.

This press release may contain statements of a forward-looking nature relating to future events. Shareholders are cautioned that such statements are predictions and that actual events or results may differ significantly.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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