hhgp
Harris & Harris Group Notes SciQuest.com Announcement of Agreements With Vista Capital Corporation and Shimadzu Scientific Instruments, Inc. (BusinessWire, 03/13/2000 12:51)
NEW YORK--(BUSINESS WIRE)--March 13, 2000--Harris & Harris Group, Inc. (NASDAQ:HHGP) noted today the announcements by SciQuest.com, Inc. (NASDAQ:SQST) (www.sciquest.com) that SciQuest.com has entered into agreements with Vista Capital Corporation (www.vistacapital.com) and Shimadzu Scientific. Please see the SciQuest.com press releases for more details.
The information contained in the SciQuest.com press releases was not independently verified by Harris & Harris Group, which takes no responsibility for their content nor for any actions that anyone may take in reaction to them.
Harris & Harris Group owns 417,639 shares of SciQuest.com at a historical cost of approximately $769,985. Harris & Harris Group valued these shares on December 31, 1999, the most recent date on which Harris & Harris Group valued its holdings, at approximately $29,741,126. SciQuest.com completed its successful IPO on November 19, 1999.
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 hhgp.com.
This press release may contain statements of a forward-looking nature relating to future events. Statements contained in this press release that are forward looking statements are intended to be made pursuant to the Safe Harbor Provisions for the Private Securities Litigation Reform Act of 1995. 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 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.
CONTACT: Harris & Harris Group, Inc., New York
Mel P. Melsheimer, 212/332-3614
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