Harris & Harris Group Portfolio Company, HZO, Wins

NEW YORK, March 3, 2014 (GLOBE NEWSWIRE) -- Harris & Harris Group Inc. (Nasdaq:TINY), an investor in transformative companies enabled by disruptive science, announces that its portfolio company, HZO, Inc., was voted "Best of Show" at the 31st Annual Venture Capital in the Rockies (VCIR) Winter conference. HZO was one of 20 presenting companies at VCIR Winter 2014, held in Beaver Creek, CO, on February 24-26, 2014.

HZO provides solutions for manufacturers, OEM's and device makers that protect electronic devices and components from corrosives and liquid submersion. HZO's advanced conformal coating is applied directly to the internal circuitry, making electronics resistant to corrosion, damage and failure caused by liquids, humidity and sweat by providing a barrier that also protects against dust, debris and other particle contaminants.

In the second half of 2013, the company announced a key partnership with ICEdot, an emergency ID and notification service for athletes and outdoor enthusiasts. It also received the "Best Technology" and "Best in Show" awards at both US Wearable Tech Expo shows in 2013 and expanded its offices and production capabilities in China and Japan. Additionally, HZO launched 2014 by establishing partner agreements with major manufacturer, Tsuen Lee and Goal Zero, an industry leader in renewable and reliable solar power.

The VCIR conference showcases the Rocky Mountain region's most exciting early-stage and emerging growth companies for an audience of venture investors, CEOs, entrepreneurs and service professionals. Sponsored by the Rocky Mountain Venture Capital Association and KPMG LLP, the event features promising companies from Arizona, Colorado and Utah whose products and services range from clean technology to cloud-based services and innovative applications.

"We are honored to receive this recognition, especially considering the high caliber of our peers presenting at the conference," said Michael Bartholomeusz, CEO of HZO. "This award serves as further validation of the strength and capabilities of HZO's licensable and proprietary technology solutions and the very bright future we face."

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