Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Hathaway Global's Interim Chairman and CEO to Discuss Their Wholly Owned Subsidiary OptiCon Systems, Inc. Sales Strategy and Spin Out on Market News First (mn1.com)
Hathaway Global's Interim Chairman and CEO to Discuss Their Wholly Owned Subsidiary OptiCon Systems, Inc. Sales Strategy and Spi
ST. PETERSBURG, FL -- (MARKET WIRE) -- 02/15/07 -- Hathaway Corporation (PINKSHEETS: HWYI)
will have Paul D. Lisenby, Interim Chairman and CEO, appear on Market News
First Radio and Internet TV Thursday (www.mn1.com) 15 February 2007 at
10:30 am CST to discuss how their wholly owned subsidiary Opticon Systems,
Inc. has strengthened and completed their global sales strategy and The
Opticon Systems Spin out.
Earlier this morning, Hathaway announced that their joint alliance with
Anritsu Corporation of Japan (Anritsu) had been accomplished which had
greatly strengthened their global sales strategy. This strategic
partnership gives OptiCon the hardware capability to manage the
Telecommunications Optical network while greatly enhancing OptiCon's sales
capability through Anritsu's Global Sales Force. Anritsu currently has
sales forces deployed in Asia, Europe, Africa, and the Middle East.
Paul D. Lisenby, Interim Chairman and CEO of Hathaway Global explained,
"The Anritsu alliance complements the already impressive OptiCon reseller
strategies which have been implemented through OptiCon's existing
relationships with Corning Cable Systems, Management Solutions
International, Inc., and a variety of Telecommunications Engineering
Consultant firms that focus on the smaller Independent Operating Companies
throughout the states."
Anritsu is a $900 million (US) manufacturer, developer and vendor of a
Remote Test Unit that tests the integrity of a telecommunications network
and software which controls, monitors, and integrates with the test unit
(the "Questfiber" software).
"A key component to the success of any young organization is the ability to
sell and market your solution to a greater audience than your own direct
sales force's abilities," stated Doug Wright, Senior Vice President of
Sales at OptiCon. "Coupling the Anritsu sales force and other resellers
with our direct sales organization will vastly benefit the revenue to cost
of sales ratio while not sacrificing the effects of an indirect only
operation. This approach was tested and proven by John Batton (OptiCon CEO)
and myself during our successful operation at Lucent's Netcare Division
where we grew revenue from $4 million to $450 million in less than four
years."
Hathaway Corporation develops and acquires undervalued companies that bring
a shift in how communications are delivered and serviced globally. OptiCon
Systems, their wholly owned subsidiary, currently develops, maintains,
manages, markets and sells a Fiber Optic Management System that was
originally developed by Corning Cable. OptiCon serves over 70% of the
global 500 companies such as Adelphia, Charter, Comcast, Comcast/AT&T, Cox,
Time Warner, and Bright House.
Earlier this week, Hathaway Corporation announced that the company had
finalized the Form 10 filing for OptiCon Systems, Inc. and that all
Hathaway shareholders of record at the close of business on Monday,
February 19, 2007 were eligible to receive the appropriate amount of shares
in OptiCon based on the previously established rate of 1 share of Opticon
for every 2 shares of Hathaway owned.
Hathaway Global continues to seek out and capitalize on emerging
technologies that will change the way the world communicates. To request
further information about Hathaway, please email us at
investors@hathawayglobal.com.
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.