SOURCE: Hathaway Corporation

May 15, 2007 07:30 ET

Hathaway (HWYI) Begins Process for Listing on the OTCBB

ST. PETERSBURG, FL -- (MARKET WIRE) -- May 15, 2007 -- Hathaway Corporation (PINKSHEETS: HWYI), a company that focuses on acquiring, developing, and managing disruptive technologies in the telecommunications, medical devices, and software fields that change the way companies grow and service their businesses, has begun the process for listing on the OTCBB to become a fully reporting company. The company has yet to determine if this process will be done through a SB-2 or 10-SB registration.

The company issued the following statement, "It is our intention to begin the process of listing our company on the OTCBB and become a fully reporting company. Through our experience, we know this process can take some time and in the interim, we will aggressively pursue more acquisitions. Hathaway has begun the due diligence process on several acquisitions that will bring considerable value to the company and upon determining to move forward, the Company will inform our shareholders on the progress made," stated Mr. Paul D. Lisenby CEO and Interim Chairman 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. 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:

    Hathaway Investor Relations
    Sam Talari
    (817) 812-2104