Nighthawk Systems Announces Additional Sale to Oklahoma Electric Cooperative
01 February 2007 - 9:30PM
Business Wire
Nighthawk Systems, Inc. (OTCBB:NIHK), a leading provider of
intelligent wireless power management and emergency notification
solutions, today announced that it has received a second order for
CEO700 whole house disconnect units from Cotton Electric
Cooperative of Walters, Oklahoma. Cotton Electric provides electric
service to over 20,000 meters in eight counties of Southwest
Oklahoma, and placed this order after successfully implementing a
pilot program in 2006 using the CEO700. The CEO700 gives electric
utilities the ability to wirelessly disconnect and reconnect power
to residential electric meters from a centralized location, saving
them significant time and money over the traditional manual
disconnect method requiring multiple truck rolls and field
personnel. H. Douglas Saathoff, Nighthawk�s CEO, stated, �I�m
extremely pleased to receive this order from Cotton Electric, and
look forward to working with them to implement a larger remote
connect/disconnect program going forward. They are part of a
growing list of utilities that are finding that they can better
serve their customers and save money at the same time by using our
products.� Individuals interested in Nighthawk Systems can sign up
to receive email alerts by visiting the Company�s website at
www.nighthawksystems.com. About Nighthawk Systems, Inc. Nighthawk
is a leading provider of intelligent wireless power control
products that enable simultaneous activation or de-activation of
multiple assets or systems on demand. Nighthawk's installed
customer base includes major electric utilities, Internet service
providers and fire departments in 40 states. Nighthawk's products
also enable custom message display, making them ideal for use in
traffic control and emergency notification situations.
Forward-Looking Statements Statements contained in this release,
which are not historical facts, including statements about plans
and expectations regarding business areas and opportunities,
acceptance of new or existing businesses, capital resources and
future business or financial results are "forward-looking"
statements. You should not place undue reliance on these
forward-looking statements. Such forward-looking statements are
subject to risks and uncertainties, including, but not limited to,
customer acceptance of our products, our ability to raise capital
to fund our operations, our ability to develop and protect
proprietary technology, government regulation, competition in our
industry, general economic conditions and other risk factors which
could cause actual results to differ materially from those
projected or implied in the forward-looking statements. Although we
believe the expectations reflected in the forward-looking
statements are reasonable, they relate only to events as of the
date on which the statements are made, and our future results,
levels of activity, performance or achievements may not meet these
expectations. We do not intend to update any of the forward-looking
statements after the date of this press release to conform these
statements to actual results or to changes in our expectations,
except as required by law.
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