NIHK Video River Networks Inc (PK)

Nighthawk Systems, Inc. (OTCBB: NIHK) (�Nighthawk�), a leading provider of wireless and IP-based control devices and solutions, announced today that it will debut the Verimatrix VideoMarkTM forensic watermarking technology to the hospitality industry at Nighthawk�s booth at the HITEC Show at the Austin Convention Center in Austin, Texas, June 17 through June 19, 2008. Guest-Tek�s OneviewTM Media platform, utilizing Nighthawk�s IP3000 high definition set-top box, is expected to be the first hospitality platform to incorporate this technology. Nighthawk will be exhibiting in booth #1844 at HITEC. VideoMark is the industry�s first secure and invisible content tracking solution that enables forensic, user-specific marking of video within each set-top box client in a pay-TV system. As part of the layered security approach offered with the VCAS for IPTV, VideoMark is implemented in a highly efficient manner on the Sigma Design-based Nighthawk set-top box. �We have worked closely with our partners, including major studios and broadcasters, to create this end-to-end security solution, which has been adapted to the stringent needs of the hospitality video industry,� noted Steve Oetegenn, Chief Sales and Marketing Officer at Verimatrix. �The combination of VCAS security and the Nighthawk set-top provides a significantly enhanced protection regime for state-of-the-art video delivery systems.� The VideoMark payload is robust against a wide range of video content manipulations, with recovery of the unique client identification possible from all unauthorized analog and digital distribution formats. Because any pirated copies can be traced to a unique user, and not just a system operator, content owners are assured of protection that extends beyond the digital network. Unlike encryption, which creates an envelope around content that can effectively secure delivery from point to point, a watermark is embedded in the content itself and remains even if it has been decrypted, decoded and possibly re-encoded to another file. The approach of re-recording an analog playback is called the "analog hole," which VideoMark can survive, enabling identification of unauthorized copies of, for example, camcorder captured material. H. Douglas Saathoff, Nighthawk�s CEO, stated, �We are extremely pleased to provide Guest-Tek with the first VideoMark-integrated set-top box within the hospitality industry, as we believe this piracy-fighting tool will be highly valued by hoteliers throughout the industry.� �We are excited to add this powerful content protection to our solution,� said Arnon Levy, CEO of Guest-Tek. �We feel that our customers will benefit from having access to a wider selection of HD content as the requirements for content protection increase over time.� About Nighthawk Systems 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 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. Individuals interested in Nighthawk Systems can sign up to receive email alerts by visiting the Company�s website at www.nighthawksystems.com. About Guest-Tek Guest-Tek (Toronto Stock Exchange: GTK) is the world's largest provider of IP based technology solutions for the hospitality industry. Guest-Tek's OneView(TM) platform provides hotels with converged data, video and telephony services. Guest-Tek is a preferred vendor to major hotel brands, providing services including network design, procurement, implementation, and post sales customer support to over 3,019 properties and over 504,000 rooms. The company's head offices are in Calgary, Alberta, and it has major support facilities in Irvine, California, and Warsaw, Poland as well as Sales offices located throughout North America and Europe. For more information about Guest-Tek, go to http://www.guest-tek.com. About Verimatrix Verimatrix sets the standard for software-based content security and revenue enhancement technologies in pay-TV networks, with a global customer base of telecommunications providers. The Verimatrix Video Content Authority System (VCAS�) offers a suite of next-generation technologies that has been independently-audited and ranked as the global leader in IPTV content protection. VCAS was designed for two-way and hybrid networks to protect content and enhance revenue streams, while combating digital piracy wherever it occurs within the distribution chain. The company�s content security experts maintain close relationships with the major studios and broadcasters to help address the challenges facing pay-TV networks of today, and those of tomorrow. Verimatrix customers benefit with most favorable access to premium content, enabling the richest, most versatile viewing experience for their digital video subscribers. For more information on why VCAS is the most widely deployed IPTV content security system with tier one operators, please visit www.verimatrix.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.