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Message: Nighthawk Systems Discusses Recent Sales Activity

Nighthawk Systems Discusses Recent Sales Activity

posted on Sep 26, 2008 07:54AM

Good Thursday Morning to all! We put out the following release this morning which announces that our power control product revenues remain on a record pace this year. These are essentially non-set top box sales, sales of our core products to utilities for remote connect/disconnect of service, to communications companies for turning on/off or rebooting equipment, to transportation companies for sign activation, etc. As the release states, we’ve continued to make sales throughout the year to our core customers like Nebraska Public Power District and Verizon Wireless as they expand their use of our products, and we’ve added many new customers. We just received orders from two new utilities, Polk-Burnett (an electric cooperative) and the City of Torrington, Wyoming (a municipally run utility). At the end of the release I mention that this growing customer base will be important as we roll out new products and technology in the coming months. We’ve been working very hard to expand the capabilities of our products and to increase the service aspect of our business in the future in an effort to expand our appeal to new and larger customers, and I feel that our core customers will be receptive to our new products and services and will be the foundation for more rapid growth in the coming months. It’s great that we continue to grow, even before we introduce new products and services to our targeted markets. I look forward to sharing news about our success with our power control products, and our set top boxes as well, as we continue to grow. Have a great day! Doug H. Douglas Saathoff Chief Executive Officer Nighthawk Systems, Inc. Nighthawk Systems Discusses Recent Sales Activity --Sales of Power Control Products Remain on Record Pace-- SAN ANTONIO, TX – September 25, 2008 - Nighthawk Systems, Inc. (OTC BB: NIHK) (“Nighthawk”), a leading provider of wireless and IP-based control devices and solutions, announced today that sales of its traditional power control devices have remained on a record pace throughout the first nine months of 2008 and that it expects those trends to continue throughout the remainder of the year and beyond. Nighthawk’s wireless control devices are used by a variety of customers, including electric utilities, departments of transportation, and communications companies, that need on-demand access to turn on or off power to or reboot remotely located, mission-critical devices. H. Douglas Saathoff, Nighthawk’s CEO, stated, “Just as in years past, our growth has been generated by sales to both new and existing customers, and we expect this to continue. Core customers like Nebraska Public Power District and Verizon Wireless have placed new orders during the past thirty days, as have new customers such as Polk-Burnett Electric Cooperative and the City of Torrington, Wyoming. These and other orders have us poised to produce record revenues from sales of our legacy power control products not only for the first nine months of 2008, but for the year as a whole. As we begin to introduce new products to our targeted industries in the coming months, it’s important to know that our core products continue to produce a growing foundation of business for the Company.” About Nighthawk Systems 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. Contact: Doug Saathoff Chief Executive Officer Nighthawk Systems, Inc. [email protected] (877)7-NIGHTHAWK, Ext 701

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