Telkonet Announces Annual Meeting of Stockholders

Shareholder meeting to be held December 21, 2007

GERMANTOWN, Md.--

Telkonet, Inc. (AMEX:TKO), the leading technology solutions provider for broadband networking, end-to-end service support and energy management, today announced it will hold its annual meeting of stockholders December 21, 2007, at 10 a.m. (EST) at the Hampton Inn Germantown, located at 20260 Goldenrod Lane, Germantown, MD 20876, for the purpose of 1) electing seven (7) directors, each to serve until the next annual meeting of stockholders and until his successor has been elected and qualified, 2) ratifying the appointment of independent accountants for 2007, and 3) transacting other business as may properly come before the meeting. Stockholders of record at the close of business on October 26, 2007 will be eligible to vote at the annual meeting or by proxy.

All stockholders are cordially invited to attend the meeting in person. Those who are unable to attend may view the presentation materials on the company's website upon completion of the meeting.

About Telkonet

Telkonet specializes in integrated solutions for broadband data networking and energy management, including in-building powerline communications (PLC) technology. Headquartered in Germantown, Maryland, USA, Telkonet serves thousands of customers worldwide.

Telkonet's technology innovation is underpinned by end-to-end quality of service and comprehensive customer support. Its portfolio includes:

    --  The revolutionary Telkonet iWire System(TM), converting sites'
        existing internal electrical infrastructures into an IP
        network backbone.

    --  The integrated EthoStream platform for wired and wireless
        HSIA, differentiated by outstanding remote management tools
        and dedicated customer support facilities.

    --  Telkonet SmartEnergy(TM), achieving 30% energy savings through
        intelligent in-room energy management.

    For more information, 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 December 19, 2007