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                                                                      EXHIBIT 99
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               HARRIS COMPLETES SALE OF ITS SEMICONDUCTOR BUSINESS
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MELBOURNE, FL/NEW YORK, NY, August 16, 1999 - Harris Corporation, which is
repositioning itself to focus exclusively on the worldwide communications
equipment market, has completed the previously announced sale of its
semiconductor business.

Harris sold its semiconductor business to Intersil Corporation, a newly formed
company owned by Sterling Holding Company LLC, a Citicorp Venture Capital, Ltd.
investment portfolio company, affiliates of Credit Suisse First Boston
Corporation, and certain individual investors. The sale does not include Harris'
suppression business, which is being sold separately.

Harris received $520 million in cash, a promissory note of $90 million, and
certain liabilities were assumed by Intersil. Harris also retains a 10 percent
equity interest in the new business, along with certain receivables and rights
in certain patents. The company plans to use the proceeds from the divestiture
to reduce indebtedness at Harris and for other general corporate purposes.
Harris recorded an after-tax loss of $61.3 million in fiscal 1999 for the
disposal of its semiconductor business.

Intersil is operating as an independent company led by Gregory L. Williams,
previously president of Harris' Semiconductor Sector. The company uses analog,
mixed-signal, power and radiation hardening technologies to develop advanced
integrated circuits and discretes for high-growth segments of the
communications, power and space/defense markets. The company employs nearly
6,000 worldwide and utilizes the rich intellectual property heritage from
Harris, GE Solid State and RCA.

Divesting the semiconductor business is part of Harris' overall repositioning
effort to operate as one company, providing communications infrastructure for
voice, data and video. In a separate action announced earlier, the company
expects Harris' Board of Directors to formally approve the spin-off of its
Lanier Worldwide office products business within the next few months.



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Upon completion of these actions, Harris will be a more integrated organization
operating through five divisions, with about 10,000 employees and sales and
service facilities in nearly 90 countries. As a company focused on
communications, Harris will provide equipment, systems and support services --
concentrating on the wireless, broadcast, government systems and network support
markets.

 In the wireless market, Harris supplies a wide range of digital microwave
radios, wireless local loop telephony systems, and secure radios. In the
broadcast arena, Harris provides advanced digital and analog transmission
systems, and mobile studio systems for television and radio stations. In the
government communications market, Harris' airborne, spaceborne, and ground-based
communications and information systems are used extensively by the U.S.
government. In the network support market, Harris provides a family of line test
systems, craft tool and test sets, network management systems, and network and
PBX switches and enhanced services platforms.

Harris plans to add to its current line of systems and services in such areas as
IP-based broadband wireless access systems, point-to-point microwave products,
video compression products, expanded network management and testing
applications, commercial space communications systems and other natural product
line extensions.

This press release contains forward-looking statements made in reliance upon the
Safe Harbor Provisions of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Such forward-looking statements
reflect management's current assumptions and estimates of future performance and
economic conditions. The company cautions investors that any forward-looking
statements are subject to risks and uncertainties that may cause actual results
to differ materially from those matters expressed in or implied by such
forward-looking statements. Reference is made to Harris filing with the
Securities and Exchange Commission of a discussion of such factors and risks.
Harris disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events, or otherwise.


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