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Monday August 13, 2007
Hathaway (HWYI) Announces August 31, 2007
as Dividend Payout Date for Shares of Wholly Owned Subsidiary OptiCon
Systems, Inc. to Hathaway's Shareholders
ST. PETERSBURG, FL--(MARKET WIRE)--Aug 13, 2007 -- Hathaway Corporation
(Other OTC:HWYI.PK - News), 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 today the
company has received permission to distribute the dividend shares
of OptiCon Systems, Inc. on August 31, 2007.
Anyone purchasing Hathaway shares up to 28th of August 2007 will
be eligible to receive the dividend payout for OptiCon Systems,
Inc., according to the previous ratio released. The dividend shares
are duly registered and will be tradable upon final SEC effectiveness,
approval of form 211 with the NASD and issuance of a trading symbol.
The company released the following statement, "We are extremely
pleased to announce August 31, 2007 as the dividend date for shareholders
of Hathaway to receive their OptiCon shares; based on the previous
ratio of two shares of Hathaway owned will receive one share of
OptiCon Systems, Inc. While it's been a long and arduous process,
OptiCon Systems, Inc. will soon be trading on its own. Shareholders
will receive their dividend shares from the transfer agent deposited
into their brokerage accounts or mailed to their address on file."
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, a fiber optic management
software system, 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:
FutureTechIR for Hathaway Corporation
Investor Relations
(817) 812-2105 or 727-417-9338
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