Market Pulse Breaking News Alert for Wednesday, August 29, 2007: NIHK - Nighthawk Systems Announces Sale to Colorado Utility!
Market Wire, August, 2007
Market Pulse News Alert for this AM, Stocks to Watch are: Nighthawk Systems, Inc. (OTCBB: NIHK), OMRIX Biopharmaceuticals Inc. (NASDAQ: OMRI), PolyMedica Corp. (NASDAQ: PLMD) and TXU Corp. (NYSE: TXU).
Investors need to be watching Nighthawk Systems, Inc. (OTCBB: NIHK) this AM! Nighthawk Systems 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 de partments in over 40 states. Nighthawk's products also enable custom message display, making them ideal for use in traffic control and emergency notification situations. Its products include CEO700 for remote power connect/disconnect of customers by electric utilities; PT1-LC, designed for load control programs; FAS8 used in firehouse automation; and EA1, which is used for in-building alerts. In addition, the company offers AL100 for remote public alerting; NH100 for rebooting or on/off applications to a single device; and NH8 for rebooting or on/off applications for up to eight electrical devices from a single unit. It serves electric utilities, traffic control, computer systems, commercial lighting, and irrigation markets primarily in the United States. Nighthawk announced a joint marketing agreement with American Messaging recently that facilitated the company's transition into a complete solution provider. The new venture provides access to 1.5 million customers. Its new network has been fortified through acquisitions from telecom giants Verizon Wireless and AT&T (formerly SBC Communications). NIHK has had four consecutive quarters of solid revenue under its belt and third quarter 2006 marked an all-time high in sales orders. NIHK is ramping up for a very bright future in the M2M (machine-to-machine) communications industry, forecasted by research firm IDATE to potentially reach $270 billion by 2010. NIHK is poised to become a significant player in the wireless telemetry and automation industry! NIHK has had several excellent news announcements out lately and one again before today's opening bell announcing that it has received an additional order for its CEO700 whole house disconnect units from United Power of Brighton, Colorado! Investors should be watching this one closely!
Nighthawk Systems, Inc. (OTCBB: NIHK), a leading provider of intelligent wireless power management and emergency notification solutions, today announced that it has received an additional order for its CEO700 whole house disconnect units from United Power of Brighton, Colorado. United Power is a rural cooperative providing electric service to over 60,000 meters representing more than 120,000 customers across Colorado's northern front range. United Power placed its original order for units in February of this year. Both sales were made with the assistance of Hotline Electrical Sales and Service, an electrical distributor covering the Rocky Mountain region of the U.S.
The CEO700 gives electric utilities the ability to wirelessly disconnect and reconnect power to residential electric meters from a centralized location, saving them significant time and money over the traditional manual disconnect method requiring multiple truck rolls and field personnel.
H. Douglas Saathoff, Nighthawk's CEO, stated, "It's great to get another order from United Power, and we appreciate the work being done on our behalf by Hotline Electrical. Our growing network of resellers and distributors has definitely increased the frequency and the size of the utility orders we are receiving, and contributed significantly to our top line growth over the past six months."
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 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.
Stocks in the news and acting well as of late include: OMRIX Biopharmaceuticals Inc. (NASDAQ: OMRI), PolyMedica Corp. (NASDAQ: PLMD) and TXU Corp. (NYSE: TXU).
Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
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