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New York Electric Utility Places Additional Order with Nighthawk Systems

Thu. April 23, 2009; Posted: 07:00 AM
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SAN ANTONIO, Apr 23, 2009 (BUSINESS WIRE) -- NIHK | Quote | Chart | News | PowerRating -- Nighthawk Systems, Inc. (OTCBB: NIHK), a leading provider of wireless and IP-based control devices and solutions, today announced that it has received an additional order for its CEO700 wireless disconnect units from Central Hudson Gas & Electric Corporation ("Central Hudson"). Central Hudson is a regulated transmission and distribution utility serving approximately 300,000 electric and about 74,000 natural gas customers in eight counties of New York State's Mid-Hudson River Valley, and delivering natural gas and electricity in a 2,600-square-mile service territory that extends north from the suburbs of metropolitan New York City to the Capital District at Albany.

Nighthawk produced customized firmware for Central Hudson in the fall of 2007, which led to successful field testing and an initial order of CEO700s in January 2008. Based on the benefits produced by the initial program, Central Hudson recently placed an additional order for units to expand the program in 2009. 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, "Electric utilities have a renewed focus on investing in technology this year in order to operate more efficiently, and I'm very pleased to expand our relationship with Central Hudson with this recent order. We have a proven track record of success, and I look forward to working with many utilities that will expand or initiate automation programs with Nighthawk products this year."

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 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.

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.

SOURCE: Nighthawk Systems, Inc.

Nighthawk Systems, Inc. 
Doug Saathoff, 877-7-NIGHTHAWK, ext. 7 
Chief Executive Officer 
dsaathoff@nighthawksystems.com
For full details for NIHK click here.

    


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