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Hathaway Global Reminds Shareholders of Settlement Date to Receive Opticon Spin-Off Shares
Monday December 11, 2006
Hathaway Corporation, a leading global provider of communications and telecommunications software, announced today the company wants to remind potential shareholders of record date compared to settlement date.
The company issued the following statement: "As our shareholders are aware, December 19th, 2006 is the date of record for shareholders of Hathaway to receive their dividend shares of Opticon. However, all potential shareholders should be reminded that due to settlement periods, in order to insure their dividend shares to be delivered, all accounts have to be settled before the 19th in order to receive the dividend shares. Therefore all potential shareholders should note that purchases of shares on the 14th will insure the clearing process is done before the record date of the 19th."
Complete summary of the spin-off can be found at .
About Hathaway Corporation
Hathaway Corporation develops and acquires undervalued companies that bring a shift in how communications are delivered and serviced globally. Hathaway continues to seek out and capitalize on emerging technologies. Their first acquisition, OptiCon Systems, was first 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 Bright House. Through companies like OptiCon and DDI, Hathaway brings the communication solutions of the future to today's business marketplace.
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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