Posts Tagged ‘HARS’

Another Order for Nighthawk’s PT1000

Thursday, September 18th, 2008

What is HARS? It’s the system that helps keep you safe on the road and home one time.

HARS is the Highway Advisory Radio System and is responsible for broadcasting messages through an AM frequency that highway drivers can tune in to and access current information regarding traffic patterns and highway conditions.

Whether it be a construction delay, an accident, or even an act of god, such as a rock slide, the HARS helps keep drivers where they need to be and in one piece by alerting them to what their commutes their commutes have in store for them.

Today, one of our favorite long-time portfolio favorites, Nighthawk Systems (OTCBB: NIHK) announced a 75-unit order today from Quixote Transportation Technologies, Inc. for products to be used in HARSs throughout the country. NIHK’s PT1000 remote control boards having been reportedly going into Quixote’s HIS brand for more than 5 years.

QTT is one of two wholly-owned subsidiaries of publicly-traded Quixote Corporation (NYSE: QUIX). With trailing-twelve month revenues of nearly $138 million, QUIX is is the world’s leading manufacturer of transportation safety products and services. Going forward, its PT100 could become a very lucrative product line for Nighthawk in addition to its solid CEO700 and IPTV product offerings, if its relationship with Quixote continues to grow.

Commenting on today’s announcement, NIHK CEO H. Douglas Saathoff stated “We’re happy to continue our affiliation with the Highway Information Systems brand. The PT1000 is one of our core products that has proven to be reliable in mission-critical applications for many years, and that is why we continue to generate a large percentage of repeat business with existing customers every year.