SOURCE: Hathaway Corporation

March 21, 2007 10:19 ET

Hathaway Global Heightens Actions to Inform Shareholders and Interested Parties of Hathaway Business Model & Strategy

ST. PETERSBURG, FL -- (MARKET WIRE) -- March 21, 2007 -- Hathaway Global (PINKSHEETS: HWYI), a business development company that focuses on the acquisition and spin offs of companies in the communications, telecommunications software and medical devices industries, announced that the company has heightened their actions to inform shareholders and interested parties of the Hathaway business model through the release of the VideoPR™ and two separate interviews by Market News First Radio and Internet TV.

Highlights of the video include a description of the Hathaway business model as well as an interview with the acting CEO, Paul D. Lisenby.

To view the VideoPR™, please click the following link: http://www.hathawayglobal.com/HathawaySponsor.asp

Both Market News First Interviews can be viewed and / or heard in their entirety at the Market News First website using the links below:

http://www.mn1.com/mp3/hwyi030607.mp3

http://www.mn1.com/mp3/hwyi021507.mp3

"We are pleased to fulfill our responsibility to update and keep informed our shareholders and others who are interested in Hathaway. We are also proud to release this VideoPR™ about Hathaway that further explains our dynamic business model to all current and future shareholders. We will continue to develop further videos for shareholder updates, investor relations, and other key issues relating to the company," stated Mr. Sadruddin Currimbhoy, COO of Hathaway.

About Hathaway

Hathaway Corporation a business development company that focuses on the acquisition and spin offs of companies in the communications, telecommunications software and medical devices industries that bring a shift in how communications are delivered and serviced globally. The Hathaway Global business model is to ensure the companies are financially sound and have the management necessary to spin off these companies and take them public, thereby rewarding Hathaway shareholders with dividend shares and/or cash upon final completion. 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

  • Contact:
    Investor Relations
    James Caldwell
    (727) 447-0514
    Concept Communications Group, LLC