Telkonet Partners with 1 800 905 GEEK to Deliver Broadband Internet Access to Small and Medium-Sized Businesses Through its 300 Franchises
GERMANTOWN, Md.--
Telkonet, Inc. (AMEX:TKO), the leader in providing in-building broadband access over existing electrical wiring, today announced that the Company has partnered with 1 800 905 GEEK, the nation's premier provider of on-site computer services, to deliver broadband Internet access to small and medium-sized businesses, as well as to large, single family residences. 1 800 905 GEEK is one of the fastest-growing franchise companies, with over 300 franchises throughout the United States.
The Telkonet iWire System(TM) provides 1 800 905 GEEK with a quick, cost-effective way to provide a variety of broadband-supported services, such as Internet access, voice, security, energy management, without requiring the costly installation of CAT-5 wiring. 1 800 905 GEEK completed its first Telkonet iWire System(TM) installation at a three story RE/MAX office location in Maryland, in just 6 hours. When deployed, the system provided immediate robust and reliable Internet access to each of the RE/MAX agents and support staff. The Telkonet iWire System will also serve as the backbone network for a VoIP telephone service.
Richard Cole, CEO and founder of 1 800 905 GEEK, said "Thanks to the cutting-edge products from Telkonet, the experts at 1 800 905 GEEK can network computers in a small or medium-sized business without disrupting their office space by running cables through walls and ceilings. Now 1 800 905 GEEK can use Telkonet's technologies to offer our clients a simple, practical, and secure alternative to traditional wired/wireless networks. We are fortunate to be working with such a fine organization as Telkonet."
Ron Pickett, president and CEO of Telkonet, added, "This partnership is another example of the broad market appeal of the Telkonet iWire System and the versatility of our in-building powerline technology. Although our patented technology was initially designed for commercial, multi-occupancy buildings, it is perfectly suited for small and medium sizes offices, and large single family residences. The challenge Telkonet always faced with the small business and home market was creating the channel to sell, install and service. 1 800 905 GEEK is a perfect partner, as approximately 75% of their day-to-day business addresses this market. Telkonet will be supplying a suite of products designed and privately labeled to support 1 800 905 GEEK's marketing program."
About 1 800 905 GEEK
In addition to being one of the most popular on-site computer support companies in the nation, 1 800 905 GEEK (a Geeks On Call Company) was named the #1 new franchise company in America by Entrepreneur Magazine (January 2006 issue). The services offered by 1 800 905 GEEK include computer privacy and security solutions, installations of hardware and wireless networks, troubleshooting, repairs, upgrades, and consulting. The company's certified, trained, and tested technicians drive Chrysler PT Cruisers wrapped in the 1 800 905 GEEK logo.
Founded in 1999, 1 800 905 GEEK began franchising in 2001 and today has over 300 franchises operating nationwide. For more information, visit www.1800905GEEK.com. All 1 800 905 GEEK franchises are independently owned and operated. (C)2007 Geeks On Call America, Inc.
About Telkonet
Telkonet develops and markets technology for the high-speed transmission of secure voice, video and data communications over in-premise and shipboard electrical wiring. The revolutionary Telkonet iWire System utilizes proven powerline communications (PLC) technology to deliver commercial high-speed broadband access from an IP "platform" that is easy to deploy, reliable and cost-effective by leveraging a building's existing electrical infrastructure. Telkonet's products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets. Applications supported by the Telkonet "platform" include but are not limited to: VoIP telephones, Internet connectivity, local area networking, video teleconferencing, IP surveillance and a host of other IT services. For more information, please visit 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 revenues 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).
Source: Telkonet, Inc.
Released June 4, 2007