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Hathaway Corporation Wholly Owned Subsidiary OptiCon
Solidifies Sales Management Team
Thursday December 8, 2005
OptiCon Enlists Mr. Douglas Wright, a Fortune 500 Vice President
of Sales
Hathaway Corporation
is pleased to announce that its wholly
owned subsidiary, OptiCon Systems Inc., has solidified its Sales
Management team under the direction of Mr. Douglas Wright, Vice
President of Sales.
Mr. Wright holds a BS degree from Georgia Tech University in Aerospace
Engineering. He served as a Senior Sales Director for Next Level
Communications, the major innovator of hardware and software that
enabled clients to access video (TV, HDTV, Video on Demand) and Internet
over standard telephone lines.
Mr. Wright also served as the Director/General Manager for Lucent
Technologies' Netcare Services Division. He increased his sector's
revenue from $1 Million to over $150 Million in less than four years.
While at Lucent, Mr. Wright oversaw major accounts such as Hertz,
Chase Bank, J. C. Penney, Motel 6 and Exxon.
Over the past two decades, Mr. Wright directed sales organizations
in the hardware, software and services markets including Computer
Associates, Wang Laboratories and Digital Equipment Corporation.
Mr. Wright personally generated new clients and closed sales at 22
of the Fortune 100 top companies, where he earned fourteen Sales
Achiever Awards. Mr. Wright will serve OptiCon by utilizing his relationships
with the Regional Consultants to have OptiCon's fiber management
solution specified to maintain newly installed fiber networks.
"We are very excited to bring onboard a person of Doug's experience.
His proven track record is exactly what OptiCon needs to rise to
the next level." stated John Batton, CEO of Hathaway Corporation.
About Hathaway Corporation
Hathaway Corporation develops and acquires undervalued companies
that bring a shift in how communications is delivered and serviced
globally. Hathaway continues to seek out and capitalize on emerging
technologies such as OptiCon Systems that will change the way the
world communicates. Hathaway brings the communications solutions
of the future to today's business marketplace. Originally, OptiCon
Systems was developed by Corning and sold to their customers. Corning
spent millions of dollars and over seven years developing the Fiber
Optic Management System currently marketed and sold by OptiCon Systems
Inc. OptiCon serves over 70% of the global 500 companies such as
Adelphia, Charter, Comcast, Comcast/AT&T, Cox, Time Warner, and
BrightHouse.
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.
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