SOURCE: Hathaway Corporation

January 08, 2008 06:31 ET

Hathaway (HWYI) Subsidiary OptiCon Systems, Inc. Receives Trading Symbol From FINRA

OptiCon to Trade Under the Symbol "OSYS"

SAINT PETERSBURG, FL--(Marketwire - January 8, 2008) - Hathaway Corporation (PINKSHEETS: HWYI) announced that its subsidiary, OptiCon Systems, Inc., has received final approval from FINRA and will trade under the symbol OSYS. The company will be quoted on the OTCBB when it is cleared to trade by Finra and our Market Maker.

"We're happy to announce the final hurdle for OptiCon Systems, Inc. has been cleared and the company has received its trading symbol. OptiCon Systems, Inc. will be actively trading on the Over-The-Counter Bulletin Board market under the symbol OSYS. OptiCon is in a market that is constantly growing and the products and services they offer will give major telecommunications companies the opportunity to completely manage their fiber optic networks with a solution that's been proven to save a considerable amount of time and money. Hathaway will now focus on the spin-off of our next subsidiary, Diabetes Detection Inc. (DDI), and this process will be much quicker due to our extensive experience in dealing with the OptiCon spin-off. As with OptiCon, all Hathaway shareholders will receive dividend shares of DDI. Hathaway continues to seek out additional acquisitions that will insure our business continues to thrive and prosper, delivering value to our shareholders and insuring the future of the company," stated Mr. Paul D. Lisenby, CEO of Hathaway.

About Hathaway

Hathaway Global Inc. focuses on acquiring disruptive technologies in the telecommunications, medical devices, and software fields that can change or alter the way companies grow and service their businesses globally. Hathaway provides financial and infrastructural support to create revenue growth companies, positioning them to leverage the opportunities such technologies are typically capable of. Hathaway then offers the company on the public market or facilitates a buyout. Through companies like OptiCon, Hathaway brings the communication solutions of the future to today's business marketplace. To request further information about Hathaway, please email us at investors@hathawayglobal.com

Forward-Looking Statements

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

Contact Information

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    (817) 812-2105