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Thursday, 03/22/2007 8:27:46 AM

Thursday, March 22, 2007 8:27:46 AM

Post# of 286051
heh! hwyi tryin to explain what ssp &jb been teachin for years (HWYI) Issues Statement Clarifying "Due Bill Period"
nd "Ex-Dividend Date" According to NASDAQ ( Market Wi
B: Hathaway (HWYI) Issues Statement Clarifying "Due Bill Period" and "Ex-Dividen
Date" According to NASDAQ ( Market Wire )

ST. PETERSBURG, FL, Mar 22, 2007 (MARKET WIRE via COMTEX) --
Hathaway Corporation (PINKSHEETS: HWYI), a business development
company that focuses on companies in the communications,
telecommunications software and medical devices industries, issued
the following statement regarding the "Due Bill Period" and
"Ex-Dividend Date" according to information obtained from The NASDAQ
Stock Market Dividend Department and previously issued in a press
release dated February 16, 2007:

"Please be advised that the shares of HWYI will continue to trade
with the right to receive the shares of OptiCon Systems Inc. until
after the shares of OptiCon Systems Inc. are registered and are ready
to be distributed. This is called a 'due bill period'; a due bill
period extends from the record date until the ex-dividend date. In
the event the shareholder sells their securities during this due bill
period, all rights to the OptiCon spin off shares will be transferred
to the buyer of the shares and the original shareholder will give up
his right to the dividend shares."

"Per this information from NASDAQ, it is clear that any person that
has sold their shares in Hathaway during this due bill period will not
be entitled to any dividend shares. In addition, per NASDAQ, any
persons purchasing Hathaway securities between the due bill period and
the ex-dividend date shall have full rights to receive the dividend
shares in OptiCon. We have filed the forms with NASDAQ and have not
received any indication when the ex-dividend date will be issued.
Once OptiCon Systems Inc.'s form 10-SB registration statement is
effective and cleared of SEC comments and we receive an ex-dividend
date from NASDAQ, we will issue a press release," stated Mr. Paul D.
Lisenby, CEO and Interim Chairman of Hathaway.

About Hathaway

Hathaway Corporation focuses on undervalued companies that bring a
shift in how communications are delivered and serviced globally.
OptiCon Systems, Hathaway's 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.
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.
Contact:
Investor Relations
James Caldwell
(727) 447-0514
Concept Communications Group, LLC

SOURCE: Hathaway Corporation
Copyright 2007 Market Wire, All rights reserved.
*** end of story ***


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