Nighthawk Systems Receives Order From El Paso Electric
01 August 2007 - 9:00PM
Business Wire
Nighthawk Systems, Inc. (OTCBB:NIHK), a leading provider of
intelligent wireless power management and emergency notification
solutions, announced today that El Paso Electric has placed an
additional order for Nighthawk CEO700 remote power disconnect units
as part of the ongoing automation program at the utility. El Paso
Electric, which generates and distributes electricity through an
interconnected system to approximately 351,000 customers in the Rio
Grande Valley in west Texas and southern New Mexico, has become one
of Nighthawk�s largest customers as a result of orders placed
throughout 2006 and 2007. El Paso Electric is realizing multiple
benefits through the use of the CEO700. Cost savings are being
generated by eliminating truck rolls normally associated with
connecting and disconnecting customers. In addition, the units are
being placed at locations with dangerous access points in an effort
to reduce the risk of injury to field technicians. H. Douglas
Saathoff, Nighthawk�s CEO, stated, �We certainly value El Paso as a
customer, as they have become one of the cornerstones of our
electric utility customer base. Not only are they one of
Nighthawk�s largest customers, but they have given us valuable
insight into the benefits that they are realizing through the use
of the CEO700, and they have assisted us greatly with the
development of our hosted software platform that will soon be made
available to all of our customers. We look forward to continuing to
assist them with their automation needs.� 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 over 40 states.
Nighthawk's products also enable custom message display, making
them ideal for use in traffic control and emergency notification
situations. Individuals interested in Nighthawk Systems can sign up
to receive email alerts by visiting the Company�s website at
www.nighthawksystems.com. 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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