Harris & Harris Group, Inc. (NASDAQ:TINY) Launches ProMuc, Plans ‘Meet the Portfolio Day’

Boston, MA, 03/14/2014 – Harris & Harris Group, Inc. (NASDAQ:TINY), with its specialization in nanotechnology as well as Microsystems, had recently founded $350,000 worth ProMuc, Inc. The company plans to host a ‘Meet the Portfolio’ day during end of April. The stocks of Harris & Harris Group, Inc. (NASDAQ:TINY) has an EPS of around -$0.66. The stock has a market cap of almost $117 million and a volume of more than 686,000. The latest price for the stock is $3.76 at the end of the trading on March 13, 2014.

Launch of ProMuc, Inc. by Harris & Harris Group, Inc. (NASDAQ:TINY)

After investing around $350,000, ProMuc Inc. was founded by Harris & Harris Group, Inc. (NASDAQ:TINY). ProMuc Inc. focuses on development and research of synthetic mucins. These mucins have various uses in lubrication as well as antimicrobial applications. ProMuc Inc. is brings to the table the culmination of the proficiency of Prof. Katharina Ribbeck at MIT as well as the carbohydrate chemistry technology of CordenPharma. With this move, Harris & Harris Group, Inc. (NASDAQ:TINY) hopes to gather a better understanding of mucins. Using the data gathered, the company hopes to design better biomimetic materials for a multitude of commercial applications, like lubricants, food additives, anti-microbial coatings, as well as anti-cancer vaccines.

‘Meet the portfolio day’ planned for April 30

Harris & Harris Group, Inc. (NASDAQ:TINY) has been a keen investor in innovative and transformative companies which are empowered by science. The company plans to host ‘Meet the Portfolio Day’ on April 30, 2014, at the Harvard Club in New York City. The CEOs of seven portfolio companies who have expertise in supercomputing, diabetes, cancer and agriculture would be making presentations on this day. This occasion would also be utilized for presenting the updated corporate strategy.

Recently, a portfolio company of Harris & Harris Group, Inc. (NASDAQ:TINY) called HZO Inc.; was voted as the ‘Best of Show’ in the 31st VCIR winter conference.

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