C. Richard Childress becomes consultant to Harris & Harris Group.

NEW YORK--(BUSINESS WIRE)--Oct. 7, 1996--Harris & Harris Harris, Scotland: see Lewis and Harris. Group Inc., announced today that it has accepted a proposal by C. Richard Childress Richard Childress (born September 21, 1945 in Winston-Salem, North Carolina) is a former NASCAR driver and successful team owner of Richard Childress Racing (RCR) in NASCAR NEXTEL Cup competition. , its chief financial officer, that he become once again a consultant to the company rather than an officer, so that he can be free to pursue other business interests, while continuing to help the company with the preparation of its quarterly and annual financial statements.

Childress Childress can refer to: People

Alice Childress, American playwright and author
Brad Childress, American football coach
Brandon Childress, American football player
David Hatcher Childress, a writer on alternative archeology
George C.

, who lives in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " , has long been associated with the company, originally as a consultant, and then, from 1986 to date, as an officer. Because he has signed a three year consulting contract with the company, the company will not hire a replacement for him, and Charles E. Harris, the company's chairman and chief executive officer, will assume the title also of chief financial officer. Rachel M. Pernia continues in her role as vice president, treasurer and controller.

Harris & Harris Group is a business development company with 10,442,682 common shares issued and outstanding. Detailed information about Harris & Harris Group can be found on its World Wide Web site on the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at (http://www.hhgp.com). -0-

This press release may contain statements of a forward-looking nature relating to relating to relate prep → concernant

relating to relate prep → bezüglich +gen, mit Bezug auf +acc future events. Shareholders are cautioned that such statements are predictions and that actual events or results may differ significantly.

CONTACT: Harris & Harris Group Inc.

Charles E. Harris, 212/332-3606

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Publication:	Business Wire
Date:	Oct 7, 1996
Words:	229
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