SOURCE: Wall Street News Alert

April 12, 2005 08:40 ET

Wall Street News Alert: NIHK Announces Order for 75 NH100 Units for First Phase of Nationwide Kiosk Rollout!

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

WESTON, FL -- (MARKET WIRE) -- April 12, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Nighthawk Systems, Inc. (OTC BB: NIHK), Sun Microsystems, Inc. (NASDAQ: SUNW), Nextel Communications (NASDAQ: NXTL) and Sirius Satellite Radio (NASDAQ: SIRI).

Aggressive investors and day traders should once again have their sights on Nighthawk Systems, Inc. (OTC BB: NIHK) this morning! Yesterday after the stock markets closed, the company, a leading provider of intelligent wireless power control products, issued a press release announcing an initial order for 75 of units of the company's NH100 rebooting devices by Thalassa Financial Services, Inc. of Houston, Texas.

This could be huge news for investors! Thalassa intends to use the NH100 for the first rollout of its Debit Card Load Kiosks (DCL-K's) in Texas and plans to install its DCL-K kiosks at 10,000 locations throughout the United States.

H. Douglas Saathoff, Nighthawk's CEO, added, "We're very excited about the opportunity to work with Thalassa on their kiosk rollout. This represents a substantial opportunity for Nighthawk. The largest sale in the Company's history was for the rebooting of information kiosks for AT&T/Cingular Wireless. Based on Thalassa's planned rollout, this new relationship has the potential to be even larger."

Keep your eyes open for future developments! Just last week, the company announced that it has shipped the initial 250 Hydro 1 units to Contact Wireless of Albuquerque, New Mexico. Furthermore, the company anticipates several more orders under the contract that could lead to the installation of thousands of units within New Mexico alone. In addition, the company also recently announced that Nebraska Public Power District has tripled the size of its original March 2005 order for Nighthawk's CEO-700 whole house disconnect units as part of its ongoing program to reduce operating costs. Nebraska Public Power District is Nebraska's largest electric utility, with a chartered territory including all or parts of 91 of Nebraska's 93 counties.

Investors watch this company!

For more in-depth coverage of Nighthawk Systems, visit http://www.backissuesofnewsalerts.us/NIHK0411.html

Prior to the news release, the stock closed at around Twenty 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 www.nighthawksystems.com.

Thalassa Financial Services, LLC offers a robust suite of value-driven turnkey financial solutions. Thalassa's variety of integrated stored value solutions provide multi-functional stored value platforms to businesses, educational institutions and organizations in the form of host based stored value cards and payroll debit cards. Thalassa, a privately held company based in Houston, Texas, is a pioneer in the industry, developing and introducing Debit Card Load Kiosks into the market space.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Sun Microsystems, Inc. (NASDAQ: SUNW) down 1.4% on 25.3 million shares traded, Nextel Communications (NASDAQ: NXTL) down 0.2% on 18.2 million shares traded and Sirius Satellite Radio (NASDAQ: SIRI) up 0.3% on 18.6 million shares traded.

Commentary:

"This week will see slow economic data as first quarter earnings season will start next Monday. Some early birds reporting this week will be from Circuit City, Apple Computer, Advanced Micro Devices, Pepsi, Citigroup, and GE. Many analysts are looking to see how much oil prices have affected the bottom line," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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