Tech News

  • SANS and Bit9 + Carbon Black Announce Speaker Lineup for Industry's First Threat Hunting & Incident Response Summit

    BETHESDA, Md. and WALTHAM, Mass., Dec. 10, 2015 (GLOBE NEWSWIRE) -- SANS Institute, the global leader in information security training, and Bit9® + Carbon Black®, the leader in Next-Generation Endpoint Security, today announced the speaker lineup for the inaugural SANS Threat Hunting & Incident Response (THIR) Summit. Taking place April 12-13, 2016, in New Orleans, the summit will teach IR pros the most advanced techniques for discovering and vanquishing threats. Training courses will also be taught April 14 – 19 in conjunction with the summit.

    "Organizations are exhausted by the constant need to respond to attacks. It is for that reason the demand for threat hunting has been created. Threat hunters have a unique skill set, they are able to leverage cyber threat intelligence from previous intrusions and scalable detection to proactively pursue the next intrusion. They have a gift for turning over the right stone at the right time," said Rob Lee, Fellow and DFIR Lead at SANS.

    Ben Johnson, chief security strategist for Bit9 + Carbon Black, added: "The THIR Summit brings together, for the first time, industry experts from the world's top organizations who will share their hunting techniques and strategies. I am excited to co-chair this event as we join together to assist organizations with proactive intrusion detection and help them avoid becoming the next headline."

    The THIR Summit was created by SANS, in collaboration with advisory partner Bit9 + Carbon Black, to address a gap in the security landscape. SANS and Bit9 Carbon + Black will join forces with other top threat intelligence experts to provide summit attendees with the knowledge necessary to proactively seek and destroy threats before a data breach occurs. THIR Summit speakers will share specific hunting and incident response techniques and capabilities that can be used to identify, contain, and eliminate adversaries targeting networks. Included among the summit speakers are:

    • Heather Adkins, Information Security Manager, Google
    • Jamie Butler, Chief Scientist, Endgame
    • Ben Johnson, Chief Security Strategist, Bit9 + Carbon Black
    • Rob Lee, Curriculum Lead and Author for Digital Forensic and IR Training for SANS
    • David Sharpe, Incident Handler, GE CIRT
    • Casey Smith, Threat Intelligence Analyst, FirstBank

    For a complete list of speakers and additional details on the summit, including details on presentations and training courses, or to register for the event, please visit: www.sans.org/u/aU0.

    About Bit9 + Carbon Black

    Bit9 + Carbon Black is the market leader in Next-Generation Endpoint Security. We have sold more licenses, have more experience, and more customers than any other NGES company because our solution is the most effective way to prevent, detect and respond to advanced threats that target users, servers, and fixed-function devices. That's why more than 60 MSSP and IR leaders, including Dell SecureWorks, EY, Optiv and Solutionary, have chosen our technology as a key component of their security offerings, and 25 of the Fortune 100 rely on us as a critical element of their advanced threat defense and compliance strategies. By the end of 2015, we expect to achieve 7 million+ software licenses sold, and almost 2,000 customers worldwide. We were voted Best Endpoint Protection by security professionals in the SANS Institute's Best of 2014 Awards, and a 2015 SANS survey found that 68 percent of IR professionals are using or evaluating Carbon Black. And IDC, in 2015, named Bit9 + Carbon Black the leader in endpoint security, with 37 percent market share.

    About SANS Institute

    The SANS Institute was established in 1989 as a cooperative research and education organization. SANS is the most trusted and, by far, the largest provider of cyber security training and certification to professionals at governments and commercial institutions world-wide. Renowned SANS instructors teach over 50 different courses at more than 200 live cyber security training events as well as online. GIAC, an affiliate of the SANS Institute, validates employee qualifications via 27 hands-on, technical certifications in information security. The SANS Technology Institute, a regionally accredited independent subsidiary, offers master's degrees in cyber security. SANS offers a myriad of free resources to the InfoSec community including consensus projects, research reports, and newsletters; it also operates the Internet's early warning system--the Internet Storm Center. At the heart of SANS are the many security practitioners, representing varied global organizations from corporations to universities, working together to help the entire information security community. (www.SANS.org)

    Bit9 and Carbon Black are registered trademarks of Bit9, Inc. All other company or product names may be the trademarks of their respective owners.

    CONTACT: SANS Media Contact: Julie Akstin-Dearing JABB Communications for SANS dearing@jabbcomm.com Phone: 713-201-9000 Bit9 + Carbon Black Media Contact: Kevin Flanagan Bit9 + Carbon Black kflanagan@bit9.com Phone: 617-393-7421

  • Top Companies and Nonprofits Recognized at 2015 VolunteerMatch Summit Awards Ceremony

    SAN FRANCISCO, Dec. 10, 2015 (GLOBE NEWSWIRE) -- VolunteerMatch, the Web's largest volunteer engagement network, announced today the winners of the 2015 VolunteerMatch Corporate Volunteer Awards. The winners were recognized at a ceremony during the 2015 VolunteerMatch Summit, held December 1-2, 2015 in Oakland, CA.

    MUFG Union Bank took the award for 'Employee Volunteer Program of the Year: Large Business', while Old National Bank was awarded 'Employee Volunteer Program of the Year: Small/ Medium Business'. VolunteerMatch selected these recipients from its community of over 150 corporate clients. The awards are performance-based, determined by four benchmark measures in 2014, which together indicate an outstanding employee volunteer program.

    Groupon won 'Breakout Performance of the Year', which recognizes a new VolunteerMatch client that has shown significant success for a recently-launched program. Sabin Blake of General Motors was awarded with 'Champion of the Year' for his outstanding teamwork, leadership, accomplishment, dedication and spirit.

    For the first time ever, VolunteerMatch presented the 'Innovation Award', recognizing a nonprofit organization driving change through cutting-edge corporate partnerships. The winner of this award was Traverse Area Recreation and Transportation Trails (TART Trails).

    "We are extremely honored to work with these extraordinary companies as they innovate to make their community engagement initiatives more strategic, scalable and impactful." says Greg Baldwin, President, VolunteerMatch. "The awards are well-deserved."

    These awards further VolunteerMatch's mission of making it easier for good people and good causes to connect by recognizing excellence in volunteer engagement and highlighting the approaches of today's most innovative corporate programs and nonprofit partnerships.

    To learn more about VolunteerMatch Solutions, a platform for corporate volunteer engagement, please visit: solutions.volunteermatch.org

    About the VolunteerMatch Summit
    The VolunteerMatch Summit is a place for like-minded professionals in the fields of employee engagement and corporate responsibility to share best practices and learn from industry experts. The 14th Annual VolunteerMatch Summit was expanded this year to include all companies committed to corporate social responsibility, as well as local and national nonprofits. Details about the 2016 VolunteerMatch Summit to be released in the coming months.

    About VolunteerMatch
    VolunteerMatch believes everyone should have the chance to make a difference. As the Web's largest volunteer engagement network, serving 100,000 participating nonprofits, 150 network partners and 13 million annual visitors, VolunteerMatch offers unique, award-winning solutions for individuals, nonprofits and companies to make this vision a reality. Since its launch in 1998, VolunteerMatch has helped the social sector attract more than $6.8 billion worth of volunteer services. To learn more, visit www.volunteermatch.org.

    CONTACT: Bree von Faith news@volunteermatch.org +1 (415) 321-3655

  • MSI GTX 980 Ti SEA HAWK Overclocked 4K Review @ [H]

    4K seems to be what everyone wants to see and while the hardware is there to support the technology I don't see many gamers benefiting from making the switch.  Of course that doesn't mean it hasn't happened and HardOCP is making sure we know.

    Our second installment with the MSI GTX 980 Ti SEA HAWK focuses in on gameplay at 4K and how viable it is with the fastest overclocked GTX 980 Ti we have seen yet. We will be using a reference GeForce GTX 980 Ti to show the full spectrum of the 980 Ti’s performance capabilities and emphasize the MSI GTX 980 Ti SEA HAWK’s value.

    This would indicate that they have "another" review featuring the watercooled monster so, be sure to look up that review too.

    On a related note.  In this review [H] is pushing this card up to 1441Mhz (boost) which is just shy of the stable OC I attained on the EVGA GTX 980 Ti Classified and also the typical limit of the GTX 980 Ti, at least in reference form.

    Bottom line, you don't need watercooling to run 1400Mhz. happy smile

  • Asylum Review Block: Corsair Carbide 600Q

    The interesting thing about running a hardware review site is not testing fancy new hardware or checking out the latest and greatest "whatever" but, watching a new product launch that you knew nothing about. 

    Don't get me wrong, what I do is great and I'd like to think the relationships I have made over the years are strong but I sometimes wonder if a new product launch that only goes to a handful of sites is really all that effective.

    Of course as I say that I will admit I have gotten my fare share of "exclusives" such as the MSI X99A Godlike, and the HBT+ cases the Turbine and Shield.  Exclusive launches are awesome traffic magnets (assuming the links get shared) but a "handful" isn't that.

    I dub thee review block "The case that launched and nobody cares"

    Web Reviews
    - Corsair Carbide 600Q Review @ Vortez
    - Corsair Carbide 600C Inverse ATX PC Case Review @ Legit Reviews
    - Corsair Carbide Series 600Q Case Review @ ThinkComputers

    Honestly I think it's pretty effin ugly too, but that is just my opinion, unbiased and honest.

  • Centage Customer and CFO of Loftness Specialized Equipment wins 2015 Technology Leadership Award by Ventana Research

    NATICK, Mass., Dec. 9, 2015 (GLOBE NEWSWIRE) -- Centage Corporation, a leading provider of budgeting and forecasting software (Budget Maestro) for mid-market companies, today announced that customer Dave Davis, CFO at Loftness Specialized Equipment, has been named the 2015 CFO Leadership Award winner by Ventana Research. He was recognized for his success in spearheading a strategic IT initiative to automate his organization's spreadsheet-based budgeting and forecasting process. Davis helped increase efficiencies across his organization, saving valuable time and money, and solidifying the role of finance as a strategic contributor to the organization.

    Davis realized that automating the budgeting and forecasting process was critical to create efficiencies among his lean finance team. With a history of relying on Excel spreadsheets to manage the budget, Davis had to make a change to more strategically support the objectives of his growing organization. He turned to Budget Maestro from Centage Corporation as a trusted and proven alternative. Now, Davis is empowered to concentrate on the structure and performance of the businesudget Maestrs and not get bogged down in troubleshooting spreadsheets or questioning the validity of the figures within the budget.

    By automating an archaic spreadsheet-based process, Davis was able to streamline the development and delivery of the annual budget far more efficiently and effectively. Within minutes, he can easily create what-if scenarios to determine the financial impact of capital expenditures on the organization and confidently manage the largest expense of the organization – personnel. Armed with actionable, reliable, and up-to-date financial insight, accounting and finance have become essential to the management team. The finance team now plays a critical role in guiding and developing the company's strategic near-term and long-term initiatives while forging stronger partnerships with sales and product management.

    "Since relying on Budget Maestro, we are in a better position to more strategically forecast for the future, execute efficient results analysis, proactively manage our financials, and raise cost-consciousness among the company's management team," said Davis. "Having relied on Budget Maestro at three previous organizations, I trust Centage as an invaluable partner to ensure the financial health of my organization. I am grateful for this honor from Ventana Research to underscore the power of Budget Maestro to support a more strategic, forward-thinking approach to financial management."

    Budget Maestro, built specifically for mid-market companies, helps customers like Loftness manage critical financial data like a large organization. For decades, the standard software for budget planning was a basic spreadsheet. Lacking the flexibility, security, and collaboration essential to effective budget planning, spreadsheets drain resources and deliver incomplete, error-prone results. Budget Maestro is a sophisticated but easy-to-use budgeting, forecasting, and reporting software solution that scales to meet customers' needs. Without Budget Maestro in place, Davis and his team would continue to lack the strategic insight needed to most successfully manage the financial health of the organization.

    "Congrats to Dave Davis, CFO at Loftness Specialized Equipment for winning the 2015 Ventana Research CFO Leadership Award for his leadership in finance through use of Centage for budgeting and planning," said Mark Smith, CEO & chief research officer at Ventana Research. "A focus on financial health and use of dedicated planning and budgeting software, instead of a myriad of spreadsheets, is critical to generating best possible outcomes."

    For more information on the Ventana Research Business Technology Leadership Awards visit Ventana Research Leadership Awards, where you can learn more about how Centage can transform your budgeting and forecasting process follow us on Twitter @Centage or visit our blog http://blog.centage.com/.

    About Centage

    Budget Maestro by Centage is an easy-to-use, scalable, automated budgeting, planning, and forecasting application. It is designed for mid-market companies and automates many of the time-consuming and error-prone activities associated with using spreadsheets to generate accurate budgets and forecasts. It features built-in financial and business logic that allow users to build and update their budgets and forecasts and never worry about formulas, functions, links, or any custom programming. It is the only solution in the market that offers synchronized P &L, Balance Sheet, and Cash Flow reporting that generate automatically and seamlessly update based on actuals or assumptions. Budget Maestro serves more than 7,000 users worldwide. Visit us at www.centage.com. For more information, follow us on Twitter @Centage or visit our blog, http://blog.centage.com/, for the latest insights on budgeting and forecasting strategies.

    Centage and Budget Maestro are registered trademarks of Centage.

    CONTACT: Sarah Murray Attune Communications +1 781-378-2674 sarah@attunecommunications.com

  • Am Law 100 Firm Launches Aderant Expert to Better Support Business Needs

    ATLANTA, Dec. 9, 2015 (GLOBE NEWSWIRE) -- Another Am Law 100 firm has successfully implemented the Aderant Expert financial system. Aderant, provider of business management solutions for law and professional service firms, announced today that Venable LLP is now utilizing Expert and plans to add on to their Aderant legal software suite in the future.

    Venable, a full service, 650-attorney firm, is known for their client-focused approach. To continue to build on their success, Venable realized the importance of having more robust technology and business systems. After a thorough evaluation period exploring various options, the firm concluded that Aderant Expert best met their needs.

    Aderant Expert provides Venable a more robust, centralized and scalable platform than they previously had. The open architecture of Expert also enables Venable to easily tailor solutions to address business and client needs. Having a strong technology base allows Venable to more easily utilize the best in breed solutions available today.

    "Aderant Expert provides us with increased capabilities," commented Venable COO Bruce Sidell. "As a firm that has been growing steadily in recent years, it has been important for us to streamline and automate processes through the use of technology as much as possible. By having a more efficient and robust financial solution, Venable will be able to better serve evolving client needs."

    Rodger Cottrell, Director of Professional Services at Aderant, managed the implementation. "Venable brought a very talented team of accounting and technical professionals to the project," he commented. "The firm is well positioned to maintain and grow the Aderant system over time to better support their clients' changing demands."

    Venable is now utilizing the core Aderant Expert system for firm financials, time entry and management, billing and pricing structures and more. Additionally, the firm plans to implement Aderant Expert Paperless Billing in the near future.

    About Aderant

    Aderant, headquartered in Atlanta, is a global provider of comprehensive business management software for law and other professional services firms. With a 35-year history as a global industry leader, Aderant supports nearly 3,200 clients in more than 30 countries, representing 77 of the top 100 Global Law Firms and more than 88 percent of the Am Law 200. Aderant maintains a combined customer retention rate of more than 95 percent and a customer support Net Promoter Score of 81. Aderant's complete suite of solutions includes: business development, calendar/docket matter management with built-in court rules, practice and financial management, time and billing, case management, document management, and business intelligence. More information is available at www.aderant.com.

    Aderant and Aderant Expert are registered trademarks of Aderant Holdings, Inc. All other trademarks mentioned herein are the properties of their respective owners including, if so indicated, Aderant Holdings, Inc. or its subsidiaries.

    CONTACT: Megan Hall Aderant Public Relations, North America megan.hall@aderant.com 404-889-8553

  • Paylocity to Sponsor PGA Tour Professional Kenny Perry

    ARLINGTON HEIGHTS, Ill., Dec. 9, 2015 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq:PCTY), a cloud-based provider of payroll and human capital management software solutions, today announced a new alliance and sponsorship with seasoned PGA Tour player, Kenny Perry.

    A PGA Tour member since 1987, Perry boasts 14 PGA Tour and 8 Champions Tour victories, including 3 Majors. Along with Tiger Woods, Perry is the only player to win Jack Nicklaus' tournament three times. He was a member of the 2004 and 2008 Ryder Cup teams and a member of the 1996, 2003, 2005, and 2009 President's Cup teams. A resident of Franklin, Kentucky, Perry was inducted into the Kentucky Sports Hall of Fame in 2003, he is a member of the Western Kentucky University Hall of Fame and in 2009 he was awarded the prestigious Payne Stewart Award.

    Perry brings a new level of accomplishment to the Paylocity PGA and LPGA Ambassador team. "When the opportunity to work with an iconic and accomplished player like Kenny Perry arose – we just couldn't pass that up. Kenny has a history of accomplishment and success," said Michael Haske, Senior Vice President of Sales and Marketing for Paylocity. "It aligns perfectly with Paylocity's relentless commitment to changing the payroll and HR software industry. We couldn't be happier to welcome Kenny Perry to the Paylocity family."

    Perry agrees the fit is ideal. "Throughout my career I've had the pleasure of working with wonderful sponsors, and this is no exception. Paylocity is committed to supporting the PGA and LPGA Tours, and they also have shown tremendous ability to deliver payroll and HR software that really makes a difference for their clients. It's going to be a great partnership!"

    Paylocity has had success sponsoring PGA and LPGA Tour players. Paylocity currently sponsors PGA professionals Brooks Koepka and Patton Kizzire and LPGA professionals Victoria Elizabeth and Jennifer Kirby. The addition of Kenny Perry extends the Paylocity brand into the PGA's Champions Tour.

    About Paylocity

    Paylocity is a provider of cloud-based payroll and human capital management, or HCM, software solutions for medium-sized organizations. Paylocity's comprehensive and easy-to-use solutions enable its clients to manage their workforces more effectively. Paylocity's solutions help drive strategic human capital decision-making and improve employee engagement by enhancing the human resource, payroll, and finance capabilities of its clients. For more information, visit www.paylocity.com.

    CONTACT: Media Contact: Rebecca Everding Director of Marketing reverding@paylocity.com M: 222.254.0088 www.paylocity.com

  • SyntBots Automation Platform Recognized (Twice) as a Top Performer

    TROY, Mich., Dec. 9, 2015 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global provider of digital transformation, information technology and knowledge process services, today announced that the Company's SyntBots® next-generation automation platform is receiving high praise from IT media and industry analysts.

    SyntBots was selected by CRN Magazine as its #1 "Coolest Managed Services Offerings Of 2015." In addition, noted IT analyst firm HfS Research has ranked Syntel in the inaugural "HfS Autonomics Premier League," debuting as the #7 global autonomics service provider.

    SyntBots is a next-generation platform that automates repetitive manual processes across IT operations, DevOps and business processes. The platform has delivered a 70% reduction in downtime and up to a 30% reduction in "run the business" costs. SyntBots also powers enterprise digital transformation initiatives by freeing up critical staff and delivering the integrated processes, improved quality and increased agility necessary to change the business.

    In addition to adding Syntel and its SyntBots platform to its Premier League rankings, in October, HfS Research published a research report that highlighted Syntel's strategic investment in Intelligent Automation.

    In that report, HfS stated SyntBots "provides a critical differentiation to many of its peers and is underpinned by a vertical jumpstart library to accelerate deployments for specific vertical use cases."

    According to Syntel CEO and President, Nitin Rakesh, "Intelligent Automation is an important strategic investment for today's enterprises, he said. "It provides the agility, availability and efficiency that enterprises need to stay relevant in the two-speed world."

    "This recent recognition of SyntBots substantiates Syntel's vision, understanding and delivery of a proven solution to transform IT and process operations across the enterprise technology stack," added Rakesh.

    About Syntel - Syntel (Nasdaq:SYNT) is a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies. Syntel's mission is to create new opportunities for clients by harnessing our passion, talent and innovation. We combine technology expertise, industry knowledge and a global delivery model to drive business value creation. Syntel's "Customer for Life" philosophy drives our relentless focus to build long-term, collaborative client partnerships. To learn more, visit us at: www.syntelinc.com.

    Safe Harbor Provision - This news release may include forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2014, the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2015 or from other factors not currently anticipated.

    CONTACT: North America/Europe: Jon Luebke, (248) 619-3503, jon_luebke@syntelinc.com Asia/Pacific: Sikta Samantaray, +91 9167512186, sikta_samantaray@syntelinc.com

  • Mitel Helps Schools Move Communications to the Cloud with E-Rate Incentive

    • Mitel offers 40 percent off retail for E-Rate funded services
    • Limited-time offer for leveraging E-Rate funding transition
    • Leading schools choose Mitel for simplified communications

    DALLAS, Dec. 9, 2015 (GLOBE NEWSWIRE) -- Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, is offering an incentive of 40 percent off retail for E-Rate funded purchases to help K-12 schools realize the benefits of implementing a cloud-based solution before government funding for these voice services phases out in 2019.

    Cloud-based platforms provide a secure, low cost solution with superior quality and reliability. Mitel's cloud-based solutions earn high marks from education customers. Following recent deployments, more school districts report better communications among staff, greater productivity, and improved interaction with students and the community. 

    • Illinois' West Aurora School District 129 worked with Mitel partner Sound Incorporated to roll out a hosted cloud solution to support communications across 20 buildings, bypassing building constraints, saving money and freeing up IT personnel. The staff of 1,800 also gained access to productivity-enhancing features for better serving its 12,000-member student body.
    • Replacing an outdated system, Raytown Quality Schools in Missouri selected a Mitel solution to give its staff of 1,300 the ability to easily connect and collaborate with each other, the district's 8,800 students, parents and the community. Mitel partner Allegiant deployed the solution, which also included MiCollab mobile client capabilities for communicating on the go.
    • Another Mitel customer in Illinois, Wauconda Community Unit School District 118, used a Mitel solution to standardize and simplify technology across six schools for a staff of 500, supporting 4,000 students. Mitel partner MidCo, Inc. helped implement a hosted cloud solution that unifies and streamlines messaging, provides a single portal for making changes and gets new teachers up and running quickly.

    Quotes

    "We wanted to standardize communications. A lot of our buildings didn't even have voicemail. Everything was coming through the main office and notes were being left in mailboxes. That's one of the greatest benefits of Mitel's system—it allows us to communicate better internally, with students and the community," said Scott Cittadino, assistant superintendent of Technology, Wauconda Community Unit School District 118.     

    "Schools are turning to the cloud to modernize and standardize as they look to simplify communications, lower cost of ownership, acquire more features and increase reliability. Mitel's education solutions also help them ultimately derive value from the practical application of empowering staff, improving parents' involvement, enhancing safety and enabling better student outcomes," said Wes Durow, chief marketing officer, Mitel.

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    Twitter: Mitel Helps Schools Move Communications to the Cloud with E-Rate Incentive

    Twitter: Mitel Earns High Marks from West Aurora School District, Raytown Quality Schools, Wauconda Community Unit School District

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    Cloud, E-Rate, Education, West Aurora School District, Raytown Quality Schools, Wauconda Community Unit School District, Schools

    About Mitel

    A global market leader in enterprise and mobile communications powering more than 2 billion business connections and 2 billion mobile subscribers every day, Mitel (Nasdaq:MITL) (TSX:MNW) helps businesses and mobile carriers connect, collaborate and provide innovative services to their customers. Our innovation and communications experts serve more than 60 million business users in more than 100 countries, and 130 mobile service providers including 15 of the top 20 mobile carriers in the world. That makes us unique, and the only company able to provide a bridge between enterprise and mobile customers. For more information, go to www.mitel.com and follow us on Twitter @Mitel.

    Mitel is the registered trademark of Mitel Networks Corporation.

    All other trademarks are the property of their respective owners. 

    MITL-C

    CONTACT: Media - Americas Camille Beasley 469-212-0433 camille.beasley@mitel.com Investors Michael McCarthy 469-574-8134 michael.mccarthy@mitel.com Media - EMEA/AP Duncan Miller +44 (0) 1291 612 646 duncan.miller@mitel.com Industry Analysts Cynthia Navarro 469-574-8113 cynthia.navarro@mitel.com

  • Google Announces Results From Two Years of Testing on Quantum Computers Made by Harris & Harris Group Portfolio Company, D-Wave Systems

    NEW YORK, Dec. 09, 2015 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc. (NASDAQ:TINY), an investor in transformative companies enabled by disruptive science, notes that yesterday NASA, Google and the Universities Space Research Association (USRA) hosted a tour of the jointly run Quantum Artificial Intelligence Laboratory located at the NASA’s Ames Research Center which houses one of D-Wave’s 1,097-qubit D-Wave 2XTM quantum computers.   At this event, Google announced that D-Wave’s quantum computer was able to find solutions to complicated problems of nearly 1,000 variables up to 108 (100,000,000) times faster than classical computers. 

    You may read Google’s full discussion of these results at http://googleresearch.blogspot.ca/2015/12/when-can-quantum-annealing-win.html.

    We are also excited to note that Google’s announcement was profiled in multiple articles published online following the event.  The following link provides a list of such articles on Google’s news search platform: https://news.google.com/news/story?ncl=dZiX84H9efiibMMsnNfEluViQM_dM&q=d-wave+systems&lr=English&hl=en&sa=X&ved=0ahUKEwiu4JDKhM7JAhVR5GMKHeqQDpcQqgIILDAB.

    About Harris & Harris Group

    Harris & Harris Group is a publicly traded venture capital firm that is also a business development company.  Detailed information about Harris & Harris Group and its holdings can be found on its website at www.HHVC.com, on Facebook at www.facebook.com/harrisharrisvc and by following on Twitter @harrisandharrisgroup.

    This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Please see the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, as well as subsequent filings, filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business, including, but not limited to, the risks and uncertainties associated with venture capital investing and other significant factors that could affect the Company's actual results. Except as otherwise required by Federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. The references and links to the websites www.HHVC.com, googleresearch.blogspot.canews.google.com, and www.Facebook.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Harris & Harris Group is not responsible for the contents of third party websites.

    CONTACT: Press Contact:Alexandra Spurgeon, Account ExecutiveGregory FCAAlexandra@GregoryFCA.com 610-228-2140