DENVER, CO -- (MARKET WIRE) -- 02/11/04 -- Nighthawk Systems, Inc.
(OTC BB: NIHK), a provider of intelligent remote power control
equipment and services, today announced that its three largest
shareholders have completed the transfers of shares necessary to
activate an 18-month lockup of their remaining shares. The lockup
provision is part of an agreement between the Company and a former
director, Herb Jacobson, and his wife, which was originally announced
on January 7, 2004.

The agreement also includes their son, Steve Jacobson, the former CEO
of Nighthawk. The Jacobsons, who founded Nighthawk, collectively own
or control approximately 30% of the Company's outstanding common
stock.

H. Douglas Saathoff, Nighthawk's Chief Executive Officer, stated "The
commitment by the Jacobsons to the lockup period enhances the
Company's position with existing and potential funding sources, and
should confirm to current and potential shareholders that the Company
is committed to building value in the coming months. Management can
now focus on strengthening the Company's financial condition and
implementing a stronger sales and marketing plan. Although we made
significant progress in penetrating key markets and are coming off
the most successful sales year in our history, I believe we have just
scratched the surface of our true potential."

Mr. Saathoff added, "We believe we have the most cost effective,
easiest-to-use wireless remote control solutions on the market. Our
products are ready to be sold today into our targeted markets, and
afford our customers the opportunity to cut expenses or even generate
additional revenues. With the addition of our ORBCOMM satellite-based
unit to our existing
paging-based product line, we now can offer
remote power control virtually anywhere in the world, right out of
the box, at breakthrough prices."

About Nighthawk Systems, Inc.

Nighthawk Systems, Inc. designs and manufactures easy to use 'plug
and play' products than can remotely control virtually any electrical
device from any location. Nighthawk products 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.

Forward-looking statements.

Statements contained in this release, which are not historical facts,
including statements about plans and expectations regarding business
areas and opportunities, demand and acceptance of new or existing
businesses, capital resources and future financial results are
"forward-looking" statements as contemplated by the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
subject to risks and uncertainties, including, but not limited to,
government regulation, taxation, spending, competition, general
economic conditions and other risk factors which could cause actual
results to differ materially from those projected or implied in the
forward-looking statements. There may be other factors not mentioned
above that may cause actual results to differ materially from any
forward-looking information.

Doug Saathoff
Company: Nighthawk Systems, Inc.
Phone: 210-341-4811
Email: hds-nihk@satx.rr.com