Market Pulse News Alert for this AM, Stocks to Watch are: Nighthawk Systems, Inc. (OTCBB: NIHK), Yahoo! Inc. (NASDAQ: YHOO), Sun Microsystems Inc. (NASDAQ: SUNW) and Nutrition 21 Inc. (NASDAQ: NXXI).
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 departments 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 just had excellent news out in a press release before today's opening bell announcing that it has received an additional order for CEO700 whole house disconnect units from Tri-County Rural Electric Cooperative of Mansfield, Pennsylvania! 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 CEO700 whole house disconnect units from Tri-County Rural Electric Cooperative of Mansfield, Pennsylvania. This is the third order placed by Tri-County with Nighthawk. Tri-County has ordered units annually from Nighthawk since implementing a successful pilot program utilizing the CEO700's during the fall of 2005.
The CEO700 gives electric utilities the ability to remotely disconnect and reconnect power to residential electric meters, 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, "We continue to gain momentum here at Nighthawk based on sales to new customers, as well as sales to existing customers like Tri-County that have been using our products successfully for years. We look forward to strengthening the relationship with customers like Tri-County as we bring new solutions into the marketplace over the coming months."
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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: Yahoo! Inc. (NASDAQ: YHOO), Sun Microsystems Inc. (NASDAQ: SUNW) and Nutrition 21 Inc. (NASDAQ: NXXI).
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