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Hathaway (HWYI) Enters into LOI with Korean
Medical device Manufacturer, U & I Bio-Tech, Inc.
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Hathaway (HWYI) Subsidiary OptiCon Systems, Inc. Receives Trading
Symbol from FINRA
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Hathaway (HWYI) to Begin Spin-Off of Subsidiary Diabetes Detection Inc.
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Hathaway Corporation's Companies

One of Hathaway's core business objectives is to grow through acquisition. In keeping with this business objective, Hathaway has currently acquired the following companies that have core competencies in providing state-of-the-art technologies and enterprise caliber software applications.


Diabetes Detection, Inc.
DDI is a subsidiary of Hathaway Global. DDI provides advanced technologies that enable physicians to diagnose neuropathy often associated with the burgeoning epidemic of diabetes.

This technology enables more accurate and rapid diagnosis to help patients detect their illness sooner, and also proactively treat their condition. The early detection of neuropathy can hopefully prevent many of the severe and disabling affects of diabetes such as loss of limbs, blindness, and organ failure.

DDI has created a device that patients and doctors can utilize via their cell phone or pager to detect the signs of neuropathy. Prior to this device, the most widely used method of determining this condition was a tuning fork—cumbersome and with questionable accuracy. DDI’s device – now in prototype stage -- is more accurate than other devices in the market. Additionally, their device will replace the cumbersome tuning forks that are presently used to diagnose the various conditions of neuropathy.


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Although Opticon Systems, inc. is no longer a subsidiary company of Hathaway, it is discussed here because it was the first spin off Hathaway performed and gives a good understanding of what Hathaway does for their subsidiary companies.

OptiCon Systems, Inc. (otcbb:OSYS) was originally acquired by Hathaway Global on August 1st, 2005 and the spinoff was completed in December of 2007. Opticon Systems Inc. now trades under the symbol OSYS on the Bulletin Board. OptiCon Systems Inc. brings with it a software application acquired from Corning Cable Systems, Inc. that has been managing fiber optic networks throughout the US and in several international installations.

Nine years ago Corning Cable Systems decided to create a tool that would help their proposed and future customers manage large fiber optic networks. Upon an outage caused by a break in the fiber, the only method available to network operators was to dispatch maintenance vehicles and repair crews searching the network path looking for outward evidence of physical damage to the cable to determine where the break was and to repair it. Other companies suggested the use of a reflectometer to determine the location of the break (send a ping down the line and get distance to the break). Unfortunately the ping is calculated in a linear fashion and cables are run on poles, up risers and shafts, under ground, and around corners with slack and loops at various points in the cable path. In other words - NOT LINEAR. What operators found was that a reflectometer would calculate the break distance to within plus or minus 30% of the actual location. This typically meant multiple truck rolls to find and repair the break and of course, dispatching vehicles and repair crews is very time consuming and is the most expensive thing an operator maintenance organization can do.

This was a real problem and was a limiting factor on the design, size and density of traffic on a network.

Corning wanted to design a system that would allow an operator to input the actual topography of their network, the hardware that drives it, and have the system determine within a plus or minus five foot radius, by GPS coordinates, the true fault location. Thus, the OptiCon software was created.

Today, original creators and managers of that system have moved over from Corning to OptiCon Systems Inc. (otcbb:OSYS) and brought the software up through intense development releases making it more robust and precise than ever before.

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