SOURCE: Hathaway Corporation

June 11, 2007 07:30 ET

Hathaway (HWYI) Expands Global Presence With Hiring of V.P. of Business Development in the U.K.

Hathaway to Open First European Office in U.K.

PALO ALTO, CA--(Marketwire - June 11, 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 globally, announced that the company has expanded their presence globally by hiring a Vice President of Development in the U.K. The company also intends to open an office in Nottingham, England, and eventually in London, and hire additional staff to assist in identifying possible acquisitions and financing partners.

"We're extremely excited about Mr. Sam K joining the Hathaway management team as we continue on our path of global expansion. Mr. K is a chartered engineer in electronics and carries a Masters Honorary degree in Electrical and Electronic Engineering as well as being an active member for the Institute of Engineering and Technology and the Institute of Electrical and Electronic Engineers in U.K. His continued work in major markets that include Europe, US, Middle East, Asia and Africa, will allow Mr. K's experience and expertise in identifying key trends in emerging markets to give Hathaway a seasoned executive to identify disruptive technologies for possible acquisition. In addition, having a strong presence in the U.K. will further strengthen Hathaway's ability to assist in marketing and selling the DDI and OptiCon products," 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. 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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