ST. PETERSBURG, FL -- (MARKET WIRE) -- 03/22/06 -- Hathaway Corporation (OTC: HWYI), is
pleased to announce that Hathaway investors can now access DDI's website
for additional information on our recent acquisition of Diabetes Detection,
Inc.
Diabetes Detection, Inc. owns the exclusive license for the patent pending
Vibrameter, which utilizes current hand-held communication devices for use
in the early detection of diabetes. The website can be accessed at
http://www.diabetesdetectioninc.com.
The Vibrameter has the dual functions of electronic communication, such as
a beeper/pager or cellular phone, and a medical diagnostic tool for
detecting and/or monitoring neuropathy. The Device allows a health care
professional to perform a quick and accurate test to determine neuropathy
in patients. The Device produces instant results allowing the health care
professional to refer the subject for further diagnostic evaluation,
thereby assisting in the early detection of diabetes.
"DDI has spent considerable effort speaking with major companies in the
medical device, biopharmaceutical, and cellular communications industries.
From the research, we believe there is significant interest in this kind of
device. All of these companies have been contacted and /or briefed on the
Diabetes Detection Device. DDI has also met with representatives of many of
these companies to discuss their interest in licensing this device
technology," stated Paul D. Lisenby acting CEO of Hathaway. "We feel the
market for an early detection device that can quickly and effectively
diagnose early stages of diabetes will be embraced by the medical community
worldwide and market penetration through major cellular device companies
will assist Hathaway in continued growth for DDI and the company."
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
BrightHouse. Through Companies like OptiCon, 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.
Contact:
Hathaway Corporation
St. Petersburg, Florida
Sam Talari
817-812-2107
727-417-9338 info@hathawayglobal.com
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