Harris & Harris Group Notes Adesto Technologies Acquisition of Atmel's Serial Flash Business

NEW YORK, Oct. 1, 2012 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc. (Nasdaq:TINY), an early-stage, active investor in transformative nanotechnology companies, notes today's announcement by Adesto Technologies Corporation that it has acquired the serial flash memory business from Atmel Corporation. The acquisition includes product families and intellectual property to cover support of current and future search flash memory products. As part of the agreement, Atmel will provide manufacturing and other transition services to Adesto for up to one year. A team of Atmel employees supporting the product lines will also join Adesto. This acquisition provides products and customers that Adesto aims to leverage as it commercializes its proprietary, next-generation Conductive Bridging Random Access Memory (CBRAM) products. Adesto's press release can be viewed at http://finance.yahoo.com/news/adesto-technologies-acquires-atmel-serial-120000926.html.

Harris & Harris Group is an investor in Adesto Technologies Corporation.

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

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CONTACT: DANIEL B. WOLFE TEL. NO. (212) 582-0900Source:Harris & Harris Group