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Harris & Harris Group Notes Expansion Of Cambrios' Joint Venture With TPK And Nissha

Stocks in this article: TINY

NEW YORK, Oct. 3, 2013 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc. (Nasdaq:TINY), an early-stage, active investor in transformative companies, notes the announcement by Cambrios Technologies Corporation of the expansion of its existing joint venture with TPK, the world's largest touch solution provider, to also include NISSHA, a leader in film-based touch sensors, to develop and manufacture ClearOhm ® film for today's advanced touchscreens. This collaborative venture, TPK Film Solutions, Ltd. (TPKF), will produce ClearOhm silver nanowire-based film in a roll-to-roll process allowing original equipment manufacturers (OEMs) to bring to market cutting-edge touchscreens for new products and applications worldwide. Mass production is expected in the fourth quarter of 2014.

Featuring single crystals of silver nanowires, ClearOhm material enables rapid time-to-market and competitive price points for OEMs and their respective consumer electronic devices. This venture brings more than 90 years of combined expertise around silver nanowires (AgNW), roll-to-roll coating and mass production of touchscreen products and applications. Cambrios successfully has launched its silver nanowire products into consumer and industrial applications including All-In-One computers, computer monitors, tablets, smartphones, industrial kiosks, etc., with some of the best known brands worldwide. With this announcement, Cambrios continues to strengthen its global reach through an established state-of-the-art, reliable supply chain for touch sensor and display manufacturers.

This announcement follows the announcement by Cambrios that consumer electronics giant, Lenovo, has selected Cambrios' ClearOhm technology for its 20-inch class All-in-One computer, the Lenovo Flex 20.

"This is yet another example in our maturing portfolio of the accelerating pace we are witnessing in the growth, expansion and successful commercialization of transformative products, said Doug Jamison, CEO of Harris & Harris Group. "We look forward to Cambrios' continuing commercialization success, and we are privileged to have been early investors and partners as the company progressed from technology development to successful commercialization and company growth." The press releases can be viewed at http://www.hispanicbusiness.com/2013/10/3/cambrios_announces_expansion_of_joint_venture.htm and http://www.azonano.com/news.aspx?newsID=28414 .

Harris & Harris Group is an investor in privately held Cambrios Technologies Corporation.

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