Business
Hathaway Corporation's (HWYI) Wholly Own Subsidiary Diabetes Detection, Inc. Joins (RIM's) Blackberry® ISV Alliance Program
Hathaway Corporation's (HWYI) Wholly Own Subsidiary Diabetes Detection, Inc. Joins (RIM's) Blackberry® ISV Alliance Program.
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[{"type":"text","content":"Monday, November 20, 2006\r\n\r\nPalo Alto, CA--November 20, 2006 -- Hathaway Corporation (Other OTC:HWYI- News) previously announced that its wholly owned subsidiary, Diabetes Detections, Inc (DDI), has entered into an alliance agreement with Research In Motion (NASDAQ: RIMM; TSX: RIM - News) under RIM's BlackBerry? ISV Alliance Program. This agreement establishes a working relationship with RIM in order to fully develop the Vibrameter, DDI's patented early-stage diabetes detection device, in conjunction with RIM's products and services. Through this Alliance Program, DDI will have the ability to fully utilize RIM's developmental, marketing, sales and business development support. \r\n\r\nPhysicians would be able to hold a Blackberry against a patient's leg or other extremity to test for sensation levels, which can help diagnose neuropathy. They then could wirelessly send the data back to a clinical information system. Diabetes Detections will work with RIM to beta test the software and plans to seek approval for it to be used as a medical device from the Food and Drug Administration next year, says Robert Lott, president of DDI. For a recent interview with the respected Health Data Management, please visit their site at; http://healthdatamanagement.com/HDMSearchResultsDetails.cfm?articleId=14304\r\n\r\n \"We believe this alliance program with RIM is an incredible opportunity and validation for DDI to work closely with a fortune 500 company in developing a product that can be marketed to millions of users globally, especially to RIM's Blackberry device users\", stated Paul D. Lisenby, interim CEO of Hathaway. Mr. Lisenby further states, \"We have been working very hard to further develop DDI and the RIM agreement is a validation that we are starting to see some major traction in our concept. We feel this alliance will give us a definitive edge in creating a seamless product that can be brought to market much faster than we previously thought.\" \"We expect to announce further progress with our efforts in the coming weeks\".\r\n\r\n*Blackberry is a registered trademark of RIM and is in no way associated with Hathaway Corporation and or its subsidiaries. The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.\r\n\r\nAbout Hathaway Corporation ...