Hathaway Corporation - Investor Relations

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OptiCon Spin-Off Frequently Asked Questions

In order to further educate our investors regarding the Opticon Spin-Off, we’ve put together some simple FAQ’s to help further illustrate how this benefits Hathaway’s Shareholders.

Previous spin off information:

• Spinoff announcement
• Spinoff clarification
• Audit status

1. What is a Spin-Off?
   
   Hathaway Global delivers value for its investors by searching for disruptive technology companies to assist in further development and increase in our shareholder value. Once management feels the acquired company has the potential to become a publicly traded company on their own, then Hathaway will spin them off the parent corporation hence increasing shareholder value. Hathaway plans 2-4 spin-offs per year.

2. What is my stake in OptiCon once the spin-off is effectuated?
   
   All Hathaway shareholders will receive 1 (one) share of OptiCon for every 2 (two) shares owned in Hathaway. For example: you own 5,000 shares of Hathaway as of the record date of the spin-off. You would then receive 2,500 shares of OptiCon. You will still hold the 5,000 shares of Hathaway in addition to the 2,500 shares of OptiCon.
   
   
3. When is the shareholder “record date”?
   
   The shareholder record date has been set on 19th of Dec. 2006. All Hathaway shareholders of record at the close of business on February 19, 2006 will be eligible to receive one share of OptiCon Systems, Inc. common stock for every two shares of Hathaway common stock owned as of the "record date" on the "distribution date".
   
   
4. What and when is the “distribution date”?
   
   Distribution date is the date the shareholders of record will receive their dividend (the spin-off shares of OptiCon). The "distribution date" of the dividend (the spin-off shares of OptiCon) will be announced when our registration statement with SEC is active and when NASD provides the trading authorization and a trading symbol. We expect the approximate "distribution date" to be in the beginning of the second quarter of 2007.
   
   
5. Can I buy more shares in Hathaway to gain more shares of OptiCon?
   
   Absolutely! The more shares you own in Hathaway, the greater amount you will own in OptiCon once the spin-off takes place. But the purchase needs to take place on or before Dec. 19th, 2006.

6. If I buy shares in Hathaway after the date of record, will I receive shares in OptiCon?
   
   No. Only shareholders of record (on or before Dec. 19th, 2006) will be entitled to OptiCon shares.
   
   
7. What will the trading symbol of OptiCon be?
   
   This will be determined by the NASD upon approval of the forms submitted. Unfortunately, we have no control over what symbol they will issue.
   
8. How will I receive my shares once the spin-off is completed?
   
   Hathaway Common stockholder will automatically be mailed a statement of ownership by the OptiCon’s transfer agent, Island Stock Transfer. This statement will represent your ownership in Hathaway Corporation – one OptiCon share for 2 shares of Hathaway Common stock you own on the record date. Typically the shares will be issued through the transfer agent directly into your brokerage account. If you currently have your Hathaway shares in certificate form and have not registered them, then you will be mailed a stock certificate to the address of record by the transfer agent.
   
9. What is a Statement of Ownership?
   
   OptiCon stockholders’ security positions will be held in a book-entry form in a Direct Registration account maintained by OptiCon’s transfer agent, Island Stock Transfer. Therefore, instead of issuing a stock certificate for your shares, the transfer agent will mail you a statement detailing your shareholdings in OptiCon. If you maintain your shares with your broker, OptiCon shares will appear on the statement that you receive from your broker.
   
   
10. What will the value of Hathaway be? What will the value of OptiCon be?
    
    The true value of Hathaway after the spin-off and the true value of OptiCon after the spin-off will be determined by the marketplace.
    
    
11. What market will Opticon be trading on?
    
    To date, our goal is to have OptiCon either on the OTCBB or AMEX. As OptiCon will be a fully-reporting company, the OTCBB will be the market of choice at this time. If the company has the opportunity to be placed on the AMEX based on their criteria, then naturally management will opt for this market.
    
12. What price will OptiCon open at once it begins trading?
    
    The price will be established based on many factors. Unfortunately this information is not available to us at this time.
    
    
13. What will the value of Hathaway be? What will the value of OptiCon be?
    
    The true value of Hathaway after the spin-off and the true value of OptiCon after the spin-off will be determined by the marketplace.
    
    
14. After the spin-off, whom do I contact with questions about Hathaway and OptiCon?

15. Is there any tax on the receipt of the OptiCon shares?

For U.S. shareholders, there will be no tax on the receipt of OptiCon Common stock. Shareholders resident in certain other jurisdictions should consult their tax advisor.

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