Great News!! Messsage From NIHK CEO
Good morning! This morning we issued the following release announcing that we had entered into an alliance with American Traffic Solutions (www.atsol.com). As the release states, I’m extremely pleased with this alliance, under which we have agreed to provide them with a product that they will incorporate into their red-light photo traffic enforcement solutions.
They did not like their prior power control solution, and after buying and testing units from Nighthawk over the past few months, liked our solution. We’ve worked with them to customize our product a little bit to better fit their application, which requires them to control up to four devices independently and/or simultaneously, all over the United States. They are a growing company – as the release states, they are the largest provider in Texas, Arizona, Louisiana, Missouri, and New York. They have a need for our units to go into existing locations, so I think we’ll see some meaningful revenues in the near term, and going forward as well. This is a great partnership for Nighthawk – they will pull us along with them as part of their overall solution and we’ll grow with them.
This also gives us an opportunity for added exposure in the traffic/transportation industry, as well as with municipalities. As traffic solutions get ‘smarter’ and more automated, the need for reliable power control increases and we have a unique, reliable solution. This alliance/application with ATS provides us with a great, country-wide reference for new opportunities.
Have a great day!
