A lot of reefkeepers use denitrators. I haven't tried one, but I just can't get my mind around how they are supposed to work. The bacteria that convert nitrate to N2 are anaerobic, so the denitrator must completely deoxygenate your water, pass it by the anaerobes, then return it to your tank. If it is actually doing this at a reasonable rate, then it seems to me the O2 levels in your tank could drop dangerously low.
I suggest an algal denitrator ("scrubber") as a more reasonable option:
http://www.algaescrubber.net/forums/viewtopic.php?f=9&t=36. Plants and algae consume nitrates without the need for deoxygenated water. Plus, you don't have to feed them vodka.