Message From Nighthawk Systems CEO
Good morning!
The following release went out this morning an announces that we have received our largest single order for CEO700 whole house remote disconnect devices in our history! Back in May, we received our largest initial order ever from the Town of Smyrna, Delaware, and then in August we received our (then) largest single order from Avista Utilities.
Now the Town of Smyrna has topped that with an order for 500 units. So every few months we have been setting a record for the size of an order of CEO700’s, and I think there is a good chance that this trend will continue in early 2008 as new budget money becomes available. Smyrna has become a very good customer in a very short timeframe.
A new city ordinance goes into effect today that requires many customers and all new apartment/rental developments to install remote disconnect devices. That is GREAT news as I believe this most recent order is just part of a much larger overall need that Smyrna will have, as it is a growing area experiencing some rapid development.
They have told us that, based on their experience so far, they believe they can save substantial dollars using our devices that would otherwise be spent on additional personnel because of their growing customer base and customer service obligations.
This will serve as a fantastic case study for Nighthawk to use, and we certainly hope other municipalities will adopt similar ordinances. A precedent has certainly been set! For a look at a draft of the ordinance, you can go to:
http://www.smyrnadelaware.com/gov_notices/watsewelec.pdf.
Have a great day!
H. Douglas Saathoff
Chief Executive Officer
Nighthawk Systems, Inc.
Nighthawk Systems Receives Largest
Remote Disconnect Order in Company History
-- Newly Adopted Ordinance Expected to Spur Additional Orders--
SAN ANTONIO, TX – 12/5/07 – Nighthawk Systems, Inc. (OTC BB: NIHK), a leading provider of intelligent wireless power management and emergency notification solutions, announced today that it has received the largest single order for its CEO700 remote disconnect devices in its history from the Town of Smyrna, Delaware. Smyrna first ordered units from Nighthawk in May of this year, and has recently adopted an ordinance which will require certain customers and any newly constructed rental properties to install remote disconnect collars on meters. This latest order of 500 units represents the third order placed by Smyrna for remote disconnect units in 2007.
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. By utilizing Nighthawk’s remote disconnect solution, Smyrna can avoid additional personnel costs typically associated with a growing utility customer base without sacrificing customer service.
H. Douglas Saathoff, Nighthawk’s Chief Executive Officer, commented, “Each successive quarter we’re getting larger orders from customers, which is obviously fantastic. I’m excited that use of our equipment over the past six months has proven to be sufficiently effective to support a new ordinance in Smyrna requiring use of remote disconnect collars. With the delivery of this order, Smyrna will now have in excess of 1,000 devices available for use, and we look forward to providing them with units going forward as their own customer base and service needs continue to grow.”
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 also designs and manufactures an advanced line of set-top boxes that are utilized to deliver high-definition multi-media content and applications to the hospitality industry.
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.
CONTACT:
Doug Saathoff
dsaathoff@nighthawksystems.com
(877) 7-NIGHTHAWK, Ext 701
The following release went out this morning an announces that we have received our largest single order for CEO700 whole house remote disconnect devices in our history! Back in May, we received our largest initial order ever from the Town of Smyrna, Delaware, and then in August we received our (then) largest single order from Avista Utilities.
Now the Town of Smyrna has topped that with an order for 500 units. So every few months we have been setting a record for the size of an order of CEO700’s, and I think there is a good chance that this trend will continue in early 2008 as new budget money becomes available. Smyrna has become a very good customer in a very short timeframe.
A new city ordinance goes into effect today that requires many customers and all new apartment/rental developments to install remote disconnect devices. That is GREAT news as I believe this most recent order is just part of a much larger overall need that Smyrna will have, as it is a growing area experiencing some rapid development.
They have told us that, based on their experience so far, they believe they can save substantial dollars using our devices that would otherwise be spent on additional personnel because of their growing customer base and customer service obligations.
This will serve as a fantastic case study for Nighthawk to use, and we certainly hope other municipalities will adopt similar ordinances. A precedent has certainly been set! For a look at a draft of the ordinance, you can go to:
http://www.smyrnadelaware.com/gov_notices/watsewelec.pdf.
Have a great day!
H. Douglas Saathoff
Chief Executive Officer
Nighthawk Systems, Inc.
Nighthawk Systems Receives Largest
Remote Disconnect Order in Company History
-- Newly Adopted Ordinance Expected to Spur Additional Orders--
SAN ANTONIO, TX – 12/5/07 – Nighthawk Systems, Inc. (OTC BB: NIHK), a leading provider of intelligent wireless power management and emergency notification solutions, announced today that it has received the largest single order for its CEO700 remote disconnect devices in its history from the Town of Smyrna, Delaware. Smyrna first ordered units from Nighthawk in May of this year, and has recently adopted an ordinance which will require certain customers and any newly constructed rental properties to install remote disconnect collars on meters. This latest order of 500 units represents the third order placed by Smyrna for remote disconnect units in 2007.
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. By utilizing Nighthawk’s remote disconnect solution, Smyrna can avoid additional personnel costs typically associated with a growing utility customer base without sacrificing customer service.
H. Douglas Saathoff, Nighthawk’s Chief Executive Officer, commented, “Each successive quarter we’re getting larger orders from customers, which is obviously fantastic. I’m excited that use of our equipment over the past six months has proven to be sufficiently effective to support a new ordinance in Smyrna requiring use of remote disconnect collars. With the delivery of this order, Smyrna will now have in excess of 1,000 devices available for use, and we look forward to providing them with units going forward as their own customer base and service needs continue to grow.”
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 also designs and manufactures an advanced line of set-top boxes that are utilized to deliver high-definition multi-media content and applications to the hospitality industry.
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.
CONTACT:
Doug Saathoff
dsaathoff@nighthawksystems.com
(877) 7-NIGHTHAWK, Ext 701
Labels: Nighthawk, Nighthawk Systems, Nighthawk Systems Inc., NIHK, NIHK.ob, OTCBB: NIHK
posted by "Staff" at
10:37 AM
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