Hathaway Corporation: Hathaway (HWYI) to Begin Spin-Off of Subsidiary Diabetes Detection Inc.

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PALO ALTO, CA (MARKET WIRE) Hathaway Corporation (PINKSHEETS: HWYI) announced that its Board of Directors, as well as the Board of Directors of its subsidiary, Diabetes Detection, Inc. (DDI), have jointly agreed to begin the process of listing DDI on the OTCBB to become a fully reporting company. DDI plans to register with the Securities & Exchange Commission through an SB-2 Offering. The process should commence in the next few weeks.

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