Telkonet Extends Support of ZigBee Standard Through ZigBee Alliance Membership
Support of Industry Standards Further Strengthens Telkonet's Technology Leadership
MILWAUKEE, WI -- (MARKET WIRE) -- 06/01/11 -- Telkonet, Inc (OTCQB: TKOI), the developer of the revolutionary EcoSmart energy management platform incorporating its patented Recovery Time™ technology, is today announcing its support of the ZigBee protocol for energy management through its membership and support as a Participant in the ZigBee Alliance. Telkonet has continued to innovate energy management technology through its release of the EcoSmart Suite of products and joins a distinguished group of companies in supporting the ZigBee standard. The ZigBee Alliance has attracted some of the most innovative and well-known organizations in the world. Together they are collaborating to improve the way we live and work by developing smart and easy-to-use ZigBee standards that help consumers gain more control over their world.
Telkonet's recent release of the revolutionary EcoSmart Suite has raised the bar in ZigBee-networked energy management technology. Having demonstrated success with hundreds of thousands of rooms installed to date, Telkonet's patented Recovery Time™ technology not only maximizes customer savings but also increases product life and improves guest comfort. Through the integration of ZigBee mesh networking technology, Telkonet has increased the level of efficiency and leveraged its cloud-based service offering to gain competitive advantage in a newly emerging market. Continued expansion of this platform has extended Telkonet's energy efficiency expertise beyond the commercial markets and into the Smart-Grid fueled Home Area Network (HAN) space.
"We've recognized a substantial need in the market for solutions beyond energy display and Telkonet's demonstrated leadership in commercial energy management offers significant benefits to these customers," states Jeff Sobieski, Telkonet's Chief Operating Officer. "Our introduction of the cloud-based EcoCentral management platform for our EcoSmart suite of products leverages the power of ZigBee mesh networking to make real-time consumption management and Utility-base demand-response programs available to anyone."
Telkonet has joined the ZigBee Alliance as a Participant to work with Alliance committees, work/task groups and other members in the discussion and creation of ZigBee standards and specifications. Early access to all ZigBee standards and partnership with other Alliance members provides for greater technology integration and richer innovation.
ABOUT TELKONET
Telkonet is leading energy management technology provider offering hardware, software and services to Commercial customers throughout the world. The EcoCentral Platform, in conjunction with the EcoSmart Suite of products, provides comprehensive savings, management and reporting of a building's energy consumption. Telkonet's energy management products are installed in properties within the Hospitality, Military, Educational, Healthcare and Residential markets reducing energy consumption, Carbon footprints and eliminating the need for new energy generation. www.telkonet.com
Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenue due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's Registration Statement and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).
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MEDIA CONTACTS: Telkonet Investor Relations 414.721.7988 ir@telkonet.com 10200 W. Innovation Dr., Suite 300 Milwaukee, Wisconsin 53226 Phone: 414.223.0473 Fax: 414.258.8307 www.telkonet.com
Source: Telkonet, Inc.
Released June 1, 2011