Business Services Industry
Nighthawk Systems Signs Agreement with Verizon Wireless
Business Wire, Jan 11, 2006
SAN ANTONIO -- Nighthawk Systems, Inc. (OTCBB:NIHK), a leading provider of intelligent wireless power control and emergency notification products, announced today that it has entered into an agreement with Verizon Wireless, under which Verizon Wireless will provide access to its nationwide wireless network for Nighthawk's telemetry devices. This enables Nighthawk to bundle and sell its products with Verizon's wireless service. Nighthawk's customers will be assured of redundancy and message routing diversity utilizing the Verizon Wireless network for critical control of assets and emergency notification using Nighthawk's products. Verizon Wireless owns and operates the nation's most reliable wireless network and is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE:VOD) (LSE:VOD).
H. Douglas Saathoff, Nighthawk's CEO, stated, "I'm extremely excited to enter into this agreement with Verizon Wireless. Partnering with the Verizon Wireless network gives us instant credibility with potential customers, particularly large enterprise customers and government agencies who must utilize a robust and reliable network for mission-critical applications. Verizon Wireless clearly understands the opportunities associated with simple, low cost telemetry applications and has opened up their network for Nighthawk and our customers. This agreement provides a reliable foundation for customer acquisition and revenue growth going forward."
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.
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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