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Nano
Biz...in depth...
im detail
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William
Blair & Company Initiates Coverage of Harris
& Harris Group, Inc.
With Market Perform Rating
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CHICAGO,
May 10 /PRNewswire/ -- With the release of a comprehensive
report on the nanotechnology industry titled, "A
'TINY' Overview of Nanotechnology: Big Ideas Come In
Small Packages," William Blair & Company today
announced that it initiated research coverage of Harris
& Harris Group, Inc. (NASDAQ:TINY) ($16.06) with
a Market Perform rating and company profile of Aggressive
Growth.
Harris & Harris is a publicly traded venture capital
firm that makes noncontrolling investments in companies
specializing in nanotechnology and other micro-scale
technologies, or "tiny technologies."
Analyst William Benton said he believes that Harris
& Harris, whose portfolio contains 18 investments,
13 of which are tiny-technology investments, "offers
investors the unique opportunity to participate in a
venture capital fund with a diverse portfolio of emerging
technology companies, led by a management team with
excellent experience in the nanotechnology field, and
possessing the liquidity of a publicly traded stock."
"Harris & Harris is a recognized expert in
the tiny-technology field, possessing a deep knowledge
of the underlying technologies and a realistic approach
to developing a successful technology-based company,"
Benton said. "Because of Harris & Harris's
rich history with tiny-technology companies, we believe
that it is an attractive investment partner for a nanotechnology
start-up company."
William Blair & Company is a Chicago-based investment
firm offering investment banking, asset management,
equity research, institutional and private brokerage,
and private capital to individual, institutional, and
issuing clients. Since 1935, we have been committed
to helping clients achieve their financial objectives.
As an independent, employee-owned firm, our philosophy
is to serve our clients' interests first and foremost.
William Blair & Company has offices in Chicago,
Hartford, London, San Francisco, Tokyo, Vaduz, and Zurich.
For more information, please visit www.williamblair.com
.
William Blair & Company, L.L.C. has received compensation
for investment banking services from the company within
the past 12 months, or expects to receive or intends
to seek compensation for investment banking services
in the next 3 months.
William Blair & Company, L.L.C. is a market maker
in the security of this company and may have a long
or short position.
For important disclosures and information regarding
the firm's rating system, valuation methods and potential
conflicts of interest, please visit: https://www.williamblair.com/Pages/news_story.asp?uid=662
Additional information is available upon request.
William Blair & Company, L.L.C. is a member of the
National Association of Securities Dealers, CRD number
1252.
Source: William Blair & Company
Web site: http://www.williamblair.com/
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Nano Biz
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