SOURCE: Wall Street News Alert

May 18, 2005 09:03 ET

Stocks on the Move, May 18, 2005

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- May 18, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Nighthawk Systems, Inc. (OTC BB: NIHK), JPMorgan Chase & Co. (NYSE: JPM), Merck & Co., Inc. (NYSE: MRK) and VERITAS Software Corporation (NASDAQ: VRTS).

Once again, aggressive investors and traders may like the news coming from Nighthawk Systems, Inc. (OTC BB: NIHK)! Yesterday after the stock markets closed, the company, a leading provider of intelligent wireless power control products, issued a press release announcing that Dynalectric Colorado has issued a letter of intent to Nighthawk Systems for the purchase of forty PT 1000 remote control boards. The PT 1000's will be used to remotely activate and control the messages on forty signs at various Light Rail stations as part of Denver's $1.67 billion Transportation Expansion ("T-REX") Project along the southeast corridor of Interstates 25 and 225.

This could be more great news for investors! H. Douglas Saathoff, Nighthawk's Chief Executive Officer, stated, "We're very happy that Dynalectric approached us wanting a simple, affordable solution for their signage on the Light Rail system. Last November, Denver voters approved the $4.7 billion FasTracks plan for even further expansion of the rail and bus transit system throughout the Denver region, so I'm optimistic that we can provide additional solutions for RTD as part of that expansion."

Continue to keep your eyes open for future developments! Nighthawk believes that remote activation of message display signs is going to be a good market for the company. Their wireless product can either activate "canned" messages, or can be used to send a unique message directly to be displayed on a sign. This allows the company to sell an inexpensive way of providing this 'on demand' system, instead of according to some pre-set schedule from a remote location. In the past several months, the systems have been sold to customers that include: firehouses in King and Snohomish counties in Washington, the Naval Air Warfare Center at China Lake, California, units purchased on IBM's behalf by Johnson Controls, Barksdale Air Force Base in Louisiana and one of the country's premier manufacturers of digital highway advisory radio systems.

Investors watch this company as its wireless, remote monitoring and power control equipment continues to spread and gain acceptance!

For more in-depth coverage of Nighthawk Systems, visit

Prior to the news release, the stock closed at Seventeen cents a share.

In case you are not familiar with the companies: Nighthawk Systems, Inc. provides wireless, remote monitoring and power control equipment and services that save customers time, effort and money. Nighthawk products allow for on-demand processing at single or multiple widespread sites, and are easily installed and operated by anyone, regardless of technical capability. Nighthawk services customers in a variety of markets including electric utilities, traffic control, computer systems, commercial lighting, and irrigation. For more information visit

Stocks showing interesting activity yesterday at the close of the regular trading day were: JPMorgan Chase & Co. (NYSE: JPM) up 1.3% on 11.6 million shares traded, Merck & Co., Inc. (NYSE: MRK) down 1.3% on 12.3 million shares traded and VERITAS Software Corporation (NASDAQ: VRTS) up 4.8% on 11.6 million shares traded.


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