DFJ’s Andreev to join Harris & Harris

Mar. 3, 2005 — Harris & Harris Group Inc. announced that Alexei Andreev has agreed to join the Company in mid-March as an executive vice president and a managing director. Andreev is an associate with Draper Fisher Jurvetson.

At Harris & Harris he will establish and direct the activity of a new northern California office for Harris & Harris Group. In addition, he will be one of the company’s four decision makers with respect to all of its venture capital investments along with Charles Harris, Douglas Jamison and Daniel Leff.

Prior to joining Draper Fisher Jurvetson, Andreev worked for TLcom Capital Partners, a London-based venture capital fund. In addition, he previously was an associate with Renaissance Capital Group/Sputnik Funds, a large private equity venture capital fund in Moscow.

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