Nighthawk Systems Receives Second Order from Arkansas Utility
May 24 2007 - 6:00AM
Business Wire
Nighthawk Systems, Inc. (OTCBB: NIHK), a leading provider of
intelligent wireless power management and emergency notification
solutions, announced today that it has received a second order for
its CEO700 meter-based whole house disconnect units from Southwest
Arkansas Electric Cooperative. Southwest Arkansas Electric, which
services over 25,000 meters in Southwestern Arkansas as well as in
neighboring counties in Texas and Oklahoma, first ordered Nighthawk
units in the summer of 2006 to launch its remote connect/disconnect
program. Both sales were made with the assistance of the Stuart C.
Irby Company of Jackson, Mississippi, one of the nation�s leading
electrical wholesalers. The CEO700 gives electric utilities the
ability to remotely connect and disconnect power to residential
electric meters on a moment�s notice, improving customer service
response times and saving the utilities significant time and money
compared to the traditional manual method that requires truck rolls
and field personnel. H. Douglas Saathoff, Nighthawk�s Chief
Executive Officer, commented, �I�m very pleased that Southwest
Arkansas enjoyed success with their initial order last year, and
even more pleased to receive this second order from them. We look
forward to a growing relationship with them as they continue to
automate within their territory." 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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