EthoStream Selected as Preferred HSIA Vendor for Prestigious Radisson Venues in North America
Radisson Hotels & Resorts to Deploy EthoStream's Fully Managed High Speed Internet Access Service
GERMANTOWN, MD -- (MARKET WIRE) -- 10/08/09 -- EthoStream, LLC, a Telkonet company, (NYSE Amex: TKO), a Clean Technology company that develops and manufactures proprietary energy management and SmartGrid networking technology, announces that it has been awarded Preferred Vendor status by Radisson Hotels, after a competitive tender, for the world leading full-service hotel brand, Radisson Hotels & Resorts. Early pioneers of complimentary wireless access for guests back in 2006, the Radisson brand continues to set new standards of technological excellence, partnering with Telkonet company EthoStream for its leading edge wireless HSIA solutions and comprehensive support services.
EthoStream has a long-standing relationship with Radisson Hotels, spanning more than 4 years and over 40 hotel property installations. Central to the Radisson brand's forward strategy is the ability to provide the fastest, most reliable wireless connections to guests, complemented by excellent 24/7 support services. Radisson's decision to select EthoStream as a preferred vendor reflects EthoStream's track record, with its advanced solutions delivering on all counts. The ability to monitor the HSIA network remotely and in real-time ensures that Radisson's guests receive a seamless service.
EthoStream currently provides HSIA services and proactive support to more than 2,500 hotels, with over 2 million users per month. With the rising market demand for bandwidth-intensive applications, hotel management are under pressure to install high-bandwidth solutions to accommodate current and future needs, ensuring a consistently high quality guest experience. The ability to add technology easily and quickly from a cost-effective, easily scalable platform is at the heart of EthoStream's product philosophy, as Vice President of Hospitality Operations Matt Koch explains, "We are delighted to have been selected for the Radisson brand, supporting their reputation as consistent innovators for guest services. Our success is based on providing our hospitality customers with advanced tools, supporting their technology strategies so they can provide the best guest support and introduce new services without compromise."
EthoStream's platform has been designed to prioritize guest satisfaction at all times, providing 24/7 fully managed, in-house HSIA support services for instant expert assistance with Internet-related issues. Conceived to provide a simple, all-in-one solution for Internet access within a commercial public-access network, the EthoStream Gateway Server (EGS) can be integrated quickly and easily with any combination of Wireless Area Networks (WAN) connections to deliver wired, wireless or hybrid HSIA. The EGS links directly to EthoStream's support center and the web-based Software as a Service (SAAS) platform -- EthoStream Central -- enabling both property management and EthoStream's support team remotely to monitor and control a property's HSIA usage, data and the ISP status securely in real-time.
About Telkonet
Telkonet provides integrated, centrally-managed energy management and SmartGrid networking solutions that improve energy efficiency and reduce the demand for new energy generation. The company's energy management systems, aimed at the hospitality, commercial, government, healthcare and education markets, are dynamically lowering HVAC costs in over 140,000 rooms, and are an integral part of various utilities' green energy efficiency and rebate programs.
Primarily targeting SmartGrid and utility applications, Telkonet's patented powerline communications (PLC) platform delivers cost-effective, robust networking, with real-time online monitoring and maintenance capabilities, increasing the reliability and energy efficiency across the entire utility grid. www.telkonet.com.
All company, brand or product names are registered trademarks or trademarks of their respective holders.
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).
Released October 8, 2009