SOURCE: Market Pulse

October 24, 2007 08:30 ET

Market Pulse Breaking News Alert for Wednesday, October 24, 2007: NIHK -- Nighthawk Systems Provides Strong Guidance on Third Quarter 2007 Results and IPTV Set-Top Business Accelerates Growth Rate!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - October 24, 2007) - Market Pulse News Alert for this AM, Stocks to Watch are: Nighthawk Systems, Inc. (OTCBB: NIHK), Amazon.com Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL) and EMC Corporation (NYSE: EMC).

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 in 2006 that facilitated the company's transition into a complete solution provider. This venture provided 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 numerous consecutive quarters of solid revenue under its belt and second quarter 2007 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 boosted by record sales of its CEO700 remote disconnect units to electric utilities, revenues for the quarter were more than 55% higher than in the same period in 2006! The Company also announced the addition of the IPTV set-top box business in the fourth quarter of 2007 accelerates its growth rate even further! 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 discussed financial results expected to be included in the filing next month of its Form 10-QSB for the quarter ended September 30, 2007. Boosted by record sales of its CEO700 remote disconnect units to electric utilities, revenues for the quarter were more than 55% higher than in the same period in 2006. Total revenues for the quarter represented the highest total from the previous four years, surpassing the previous high from the immediately preceding second quarter.

H. Douglas Saathoff, Nighthawk's CEO commented, "I'm very pleased with the revenue results from both the second and third quarters of this year, and particularly pleased with the progress we've made in bringing on new, larger orders from new utility customers. Even before the recently announced acquisition of the IPTV set-top box business, we were on pace this year to far exceed any historical annual revenue figures. Revenues through the first three quarters of 2007 already exceed revenues for all of 2006. The addition of the IPTV set-top box business in the fourth quarter of 2007 accelerates our growth rate even further, perhaps doubling our recent record revenue results in the near term. We've got great momentum right now that I believe will carry well into next year."

Individuals interested in Nighthawk Systems can sign up to receive email alerts by visiting the Company's website at www.nighthawksystems.com.

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: Amazon.com Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL) and EMC Corporation (NYSE: EMC).

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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. For current coverage, MP has been compensated ninety five thousand dollars from Nighthawk Systems, Inc. In addition, MP was also compensated four million restricted shares of Nighthawk Systems, Inc. by the company. For past coverage, MP has been compensated by the company one hundred thirty five thousand dollars and three million restricted shares of Nighthawk Systems, Inc. of which it has sold, to date, one million seven hundred seventy thousand six hundred sixty six shares for total proceeds of one hundred sixty five thousand two hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market-Pulse.com and Market Pulse Breaking News Alert are owned by Market Pulse LLC.

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