A. Montreux is now investing out of two funds totaling $170
million of committed capital.





Software Secure


Many colleges and high schools throughout the country have instituted
laptop programs which provide a laptop computer for every student."

"With the obvious increased demand for computer -based testing, Software
Secure is proud to provide secure testing solutions for every member of the
education community regardless of computer choice," says Winneg.

schulman motwani

Prior to
joining Montreux, he was a manager of new business development at
Pharmacia Corporation (now Pfizer and previously Monsanto Company),
responsible for strategic development, in-licensing, acquisitions and
investments in life sciences companies and technologies. The firm's investment team brings more than 60
years of operating and investing experience as entrepreneurs, managers
and investors to their portfolio companies .

Software Secure helps high schools, colleges, graduate schools, and
professional testing organizations attain the benefits of computer-based
testing without the harmful consequences of electronic cheating.

professor karger

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.

"We started using Software Secure's Windows version of Securexam last year
because the demand from faculty and students was just too great not to
offer a secure computer-based testing solution," said Daniel Manier,
Director of Information Technology at Notre Dame Law School.

saugata professor

Andreev is an Associate with Draper Fisher Jurvetson.


giorgi ortiz

com


from the Stanford Graduate
School of Business , and a B. Software Secure works with colleges,
graduate schools, K-12, and certification exam organizations to develop
tools that unleash the powerful benefits of computer-based learning.

caltech dept

B.TinyTechVC. Ensuring that students can use computers to take tests
without being able to cheat has resonated well at these schools.

motwani caltech

For more information
about Montreux Equity Partners, visit www. In
addition, he previously was an Associate with Renaissance Capital
Group/Sputnik Funds, a large private equity venture capital fund in
Moscow. Mr. Securexam transforms any computer into a secure
test-taking terminal so students can take a test without being able to
access any pre-existing information or the Internet. Please visit
http://www.

giorgi madhu

----Montreux
Equity Partners, a private equity firm focused on healthcare and life
sciences investing, today announced that Manish Chapekar has been
named General Partner and Managing Member of the firm.
from the Stanford Business School.

About Montreux Equity Partners:

Montreux Equity Partners, founded in 1993, is a private equity
firm specializing in investments in healthcare and life sciences
companies. By
providing software solutions that prevent the misuse of computers, the
Company has enabled institutions throughout the world to improve the
teaching and testing process.

giorgi theoretical

Mr.

ortiz professor

, Skinmedica, Somaxon
Pharmaceuticals and TransOral Pharmaceuticals . Andreev will be one
of the Company's four decision makers with respect to all of its
venture capital investments along with Charles E. with honors in Engineering/Material
Sciences from the Moscow Steel and Alloys Institute.
Detailed information about Harris + Harris Group and its holdings
can be found on its website at www. "We are
thrilled that rather than borrow or rent PCs to take exams , our Mac
students will now be able to use Securexam on their own computers.

madhu giorgi

Turner III, founder and general
partner of Montreux.
Andreev received his Ph.S.com/ for more information.

japaridze theoretical

"
Since Mr.
Mr. Chapekar received his Bachelor of Technology degree from the
Indian Institute of Technology , Bombay.
Harris + Harris Group is a business development company with
17,248,845 common shares outstanding. Except as otherwise required by Federal
securities laws, Harris + Harris Group, Inc .

theoretical japaridze

B.A. The Company's last 22 initial private equity
investments have been in tiny-technology enabled companies.

Software Secure is headquartered in Cambridge, MA.

The people actively involved in research in theoretical computer science.

ortiz madhu

Harris + Harris Group Announces Alexei A. Andreev to Join Company

D. He also received an M. Just last
month, hundreds of aspiring lawyers sitting for the bar exam were able to
word-process the essay portion of the exam on their laptops, rather than
suffer hand -cramps from the long day of testing.

About Software Secure, Inc. Software Secure's suite of products enables
students to attain the benefits of computer-based testing and learning,
without the harmful consequences of electronic cheating or digital
distraction.

ortiz professor

Chapekar
serves on the boards of Kanisa Pharmaceuticals and Percutaneous
Systems and is actively involved with several other Montreux portfolio
companies, including Pulmonx, Inc. In addition, Mr. Harris, Douglas W. He was the
recipient of the Scholarship for the Most Promising Young Scientist
from the Russian Academy of Sciences, the State Scientific Scholarship
for Outstanding Young Scientists, the Scholarship from the
International Center of Fundamental Physics and the Soros Science
Foundation Graduate Scholarship. Other
schools are increasing the size of their computer labs so as to facilitate
in-class computing.

In addition to preventing cheating, Securexam has proven to be a product
that benefits a number of constituencies in education: students have an
easier time editing and revising their exam answers; teachers are able to
grade exams quicker, editing them on screen or on legible print-outs; and,
schools are able to leverage their growing investment in computers and
wireless networks.

eecs mccarthy



Business Editors

NEW YORK----Harris + Harris Group,
Inc. Andreev worked for
TLcom Capital Partners, a London -based venture capital fund. degree from the Moscow Steel and Alloys
Institute.com

This press release may contain statements of a forward-looking
nature relating to future events.
Software Secure, a pioneer in educational
software development, announced today the release of its popular
Securexam software product for the Mac OS X.softwaresecure.

schulman papadimitriou

He also received a Masters of
Science in Engineering from the University of Kentucky, where he
pursued graduate research in cellular bioengineering and an M. Leff, and Mr.

PRESS RELEASE Software Secure Brings Secure Computer-Based Exams to the Mac

ortiz eecs



Business Editors/Health/Medical Writers
BIOWIRE2K

MENLO PARK, Calif. "Manish has exhibited an outstanding ability to
source, review and help manage investments in the life sciences field
and we look forward to continuing this investment process with
Manish's guidance and energy. He was also a researcher at the Centre of Nanotechnology,
Isan, in Troitsk, Russia, at the Laboratory of Nanophysics . These forward-looking statements are
subject to the inherent uncertainties in predicting future results and
conditions. With the release of the Mac
version, Software Secure has brought its Securexam technology, which
enables high schools, colleges and professional testing organizations to
administer computer-based testing to students with ease, efficiency and a
"cheat proof" security platform to all test-takers regardless of which kind
of computer they use.

japaridze computation

mepvc. Andreev has agreed to join the
Company in mid-March as an Executive Vice President and a Managing
Director. He
will establish and direct the activity of a new Northern California
office for Harris + Harris Group.
Jamison and Daniel V. Andreev will be involved in the
Company's strategic direction along with the Company 's other senior
officers., undertakes no obligation
to update or revise these forward-looking statements to reflect new
events or uncertainties. The Company was founded
in 1999 with the mission to facilitate the responsible incorporation of
computers into the learning process.

hitachi papadimitriou

Montreux Equity Partners Names Manish Chapekar General Partner

D., announced today that Alexei A. One of the biggest challenges these schools face is
responsibly incorporating computers into the learning process so as to
maximize the educational benefits while minimizing the potential negative
consequences.

christos karp


"We are delighted with Manish's progression to the role of general
partner at Montreux," said Daniel K.
Prior to joining Draper Fisher Jurvetson, Mr.
Harris + Harris Group is a publicly traded venture capital company
that now makes initial investments exclusively in tiny technology,
including nanotechnology, microsystems and microelectromechanical
systems (MEMS).

theoretical dept

Mr.

"We are thrilled to support the throngs of very vocal Mac users who want to
be able to use their computers to type legible, well-organized exams , that
are easier for faculty to grade," says Software Secure founder and
President, Douglas Winneg .

ucb karger

viterbi saugata

Chapekar joined Montreux Equity Partners in 2001, he has
applied his industrial experience in new business development to
private equity investments in the life sciences industry. Montreux Equity Partners
has offices located in Menlo Park, California. Please see the
Company's Annual Report on Form 10-K 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. In addition to creating a cheat-proof platform for both
Internet-based and non-Internet based computer testing, Software Secure
products control access to the Internet, facilitating classroom use of
technology without unwanted web-surfing.

giorgi eecs

The investment team at Montreux Equity
Partners includes Dan Turner, Howard Palefsky, Manish Chapekar and
John Savarese, M.

theoretical motwani

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