Solid News Out of NIHK
Nighthawk Systems Inc. (OTCBB: NIHK) shares appear to be reaching a bottom after being beat down considerably over the past three months and today’s news could be just what it takes to incite a move upwards.
Now competing in two burgeoning markets - M2M (machine-to-machine) and IPTV (Internet Protocol Television) – NIHK announced an initial order for their landmark CEO700 wireless disconnect units today from Central Hudson Gas & Electric. The new customer is a wholly-owned subsidiary of CH ENERGY GRP HLDG (NYSE:CHG), which logged just under $1 billion in 2006 revenues, serves more than 371,000 clients across the state of New York, and trades in the $40.00 range.
One thing that I like very much about today’s release is that NIHK was able to successfully customize their remote disconnect solution to meet the needs of a major utility. Over roughly the past year, Nighthawk has exhibited their dedication to becoming more of a flexible solutions provider as opposed to a box slinger, as I have mentioned previously.
This is great for the company because it helps build their reputation as a value-added partner. In my opinion a key attribute that potential customers, particularly energy-related utilities, are looking for in vendors these days as they delve deeper into the new world of smart metering and remote disconnect technologies.
What would you rather, somebody who hands you a box and tells you “here, use it” or a value added partner that evaluates your specific situation and molds a solution to your problem? It seems like a very simple choice and that electric utilities are increasingly making it in favor of NIHK.
Another thing that I find interesting about today’s release is that the company is gaining a major foothold in New York, a region striving to reduce energy consumption with major support from its government. With Governor Eliot Spitzer calling to reduce state resident’s energy bills through the implementation of smart metering technology, NIHK is positioning itself in a market with very high growth potential for its remote disconnect products.
http://readme.readmedia.com/news/show/Green-Response-to-Govs-2008-State-of-the-State-Address/34415
With NIHK recently announcing its best quarter in 4 years, the largest remote disconnect order in corporate history, and initial shipments from the newly-acquired IPTV set-top box business, we are very optimistic in regards to what the next few months hold for the company
Now competing in two burgeoning markets - M2M (machine-to-machine) and IPTV (Internet Protocol Television) – NIHK announced an initial order for their landmark CEO700 wireless disconnect units today from Central Hudson Gas & Electric. The new customer is a wholly-owned subsidiary of CH ENERGY GRP HLDG (NYSE:CHG), which logged just under $1 billion in 2006 revenues, serves more than 371,000 clients across the state of New York, and trades in the $40.00 range.
One thing that I like very much about today’s release is that NIHK was able to successfully customize their remote disconnect solution to meet the needs of a major utility. Over roughly the past year, Nighthawk has exhibited their dedication to becoming more of a flexible solutions provider as opposed to a box slinger, as I have mentioned previously.
This is great for the company because it helps build their reputation as a value-added partner. In my opinion a key attribute that potential customers, particularly energy-related utilities, are looking for in vendors these days as they delve deeper into the new world of smart metering and remote disconnect technologies.
What would you rather, somebody who hands you a box and tells you “here, use it” or a value added partner that evaluates your specific situation and molds a solution to your problem? It seems like a very simple choice and that electric utilities are increasingly making it in favor of NIHK.
Another thing that I find interesting about today’s release is that the company is gaining a major foothold in New York, a region striving to reduce energy consumption with major support from its government. With Governor Eliot Spitzer calling to reduce state resident’s energy bills through the implementation of smart metering technology, NIHK is positioning itself in a market with very high growth potential for its remote disconnect products.
http://readme.readmedia.com/news/show/Green-Response-to-Govs-2008-State-of-the-State-Address/34415
With NIHK recently announcing its best quarter in 4 years, the largest remote disconnect order in corporate history, and initial shipments from the newly-acquired IPTV set-top box business, we are very optimistic in regards to what the next few months hold for the company
Labels: CHG, IPTV, M2M, Nighthawk, Nighthawk Systems Inc., NIHK
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