SOURCE: Hathaway Corporation

January 24, 2007 10:39 ET

Hathaway Global Announces Hiring of Chief Financial Officer

ST. PETERSBURG, FL -- (MARKET WIRE) -- January 24, 2007 -- Hathaway Corporation (PINKSHEETS: HWYI), a leading global provider of communications and telecommunications software, announced today the company has appointed Mr. Cris Perez as the Chief Financial Officer.

Mr. Perez joins Hathaway from his private consulting business. From 2001 to 2003, Mr. Perez served as Chief Financial Officer, Secretary, Treasurer and Director of Resolve Staffing, Inc., a publicly traded company. From October 1999 to June 2002, Mr. Perez was employed by Baumann, Raymondo & Company, P.A., Certified Public Accountants, with primary responsibilities for development of accounting and auditing services to small publicly held enterprises. Mr. Perez earned a BA degree in Accounting from the University of South Florida.

"Cris brings with him the well rounded financial background to handle our needs as a CFO. His vast experience in corporate finances and ability to raise capital will be instrumental as Hathaway moves forward in our spin off of Opticon Systems, our continued development of DDI, and other acquisitions we have our sights on," stated Mr. Paul D. Lisenby, interim Chairman and CEO of Hathaway Global.

About Hathaway Corporation

Hathaway Corporation develops and acquires undervalued companies that bring a shift in how communications is delivered and serviced globally. Starting with OptiCon Systems, which is used by global 500 companies, Hathaway will continue to seek out and capitalize on emerging technologies that will change the way the world communicates. Hathaway brings the communications solutions of the future to today's business marketplace. To request further information about Hathaway, please email us at investors@hathawayglobal.com.

Safe Harbor

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

Contact Information

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    FutureTechIR for Hathaway Corporation
    Investor Relations
    (817) 812-2105
    727-417-9338