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.
Doug Saathoff, Nighthawk's CEO, stated, "We are extremely happy to receive this order from Inland Power. We now have a large presence in this part of the country, with Inland Power joining Avista Utilities of Spokane as a Nighthawk customer. As our customers look to us for new products and assistance with smart grid functionality, we continue to bring new customers into the fold with the proven benefits of the CEO700 wireless disconnect product. In many instances, the CEO700 is the first step a utility takes toward automating meter controls."
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. Nighthawk, a publicly traded company, is financed by Dutchess Capital Management.
About Dutchess
Founded in 2000, Dutchess Capital Management LLC is a Boston-based investment management firm which makes direct investments through its private equity and hedge funds. Since inception, Dutchess has managed over $200 million in portfolio investments and has completed over $1 billion in Common Stock Lines of Credit. For further information about Dutchess please visit www.dutchesscapital.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

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