Nighthawk Systems Receives Additional Order from Nebraska Utility
17 January 2008 - 11:00PM
Business Wire
Nighthawk Systems, Inc. (OTCBB:NIHK), a leading provider of
intelligent wireless power control devices and solutions, today
announced that it has received an additional order for CEO700 whole
house disconnect units from Nebraska Public Power District
(�NPPD�). This marks the fourth year of Nighthawk�s ongoing
relationship with NPPD, which has been ordering units from
Nighthawk on a regular basis since March 2005. This order is
expected to be shipped during the current quarter. The CEO700 gives
electric utilities the ability to wirelessly disconnect and
reconnect power to residential electric meters from a centralized
location, improving customer service response times and saving the
utility significant time and money over the traditional manual
disconnect method that requires multiple truck rolls and field
personnel. H. Douglas Saathoff, Nighthawk�s CEO, stated, �NPPD has
become a flagship customer for Nighthawk Systems and the CEO700.
They established a remote disconnect program covering wide
geographical areas utilizing the CEO700 back in 2005, and that
program continues to expand in 2008 based on the positive results
they have experienced from the very beginning of the program. Over
the past three years, we have established a core group of electric
utility companies like NPPD that regularly place repeat orders.
Additionally, we added a number of new customers to our revenue
base in 2007, with the goal to establish ongoing programs with them
as we have with NPPD that will generate increasing savings for our
customers and continuing revenues for Nighthawk for years to come.�
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 devices and systems that allow
for the centralized, on-demand management of assets and processes.
Nighthawk products are used throughout the United States in a
variety of mission critical applications, including remotely
turning on and off and rebooting digital network devices,
activating alarms, and emergency notification, including the
display of custom messages. Nighthawk�s IPTV set top boxes are
utilized by the hospitality industry to provide in-room standard
and high definition television and video on demand. 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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