Top-Rated Hotel in Ann Arbor, Michigan Selects Telkonet's EcoSmart Energy Management Platform
Project Includes Orion Energy Systems Lighting Retrofits and Telkonet's EcoSmart Suite
MILWAUKEE, WI -- (MARKET WIRE) -- 05/19/11 -- Telkonet, Inc. (OTCQB: TKOI), developer of the state-of-the-art EcoSmart energy management platform and leading provider of Internet services for the hospitality industry, announced today that it will begin installation of its new EcoSmart Suite in Marriott's Ann Arbor Hotel at Eagle Crest, located in Ypsilanti, Michigan, owned by Long & Cox Properties. Prior to this energy efficiency upgrade, the property completely renovated guest rooms and other areas of the facilities and is now embarking on a comprehensive upgrade to significantly improve the energy efficiency of the property.
Keen Technical Solutions, a Traverse City-based company with a focus on energy conservation strategies and alternative energy integration, is the prime contractor on this project and will perform a turnkey lighting upgrade of the property. Keen has selected Telkonet to install its EcoSmart products within each guest room and suite throughout the property.
The property is owned by Long and Cox Properties, Inc. of Atlanta, GA, a group who focuses on the development and renovation of Intercontinental, Hilton, Marriott and Starwood brand hotels throughout the country. The Marriott Ann Arbor Hotel at Eagle Crest is nestled on 135 acres, offers a tranquil park setting and resort-style amenities including championship golf, and is conveniently located near the Detroit Metro Airport. Perfect for both business and leisure traveler, this Ann Arbor hotel near Michigan Stadium and local businesses provides well appointed meeting and event spaces and provides an unmatched lakeside backdrop for special occasions.
Telkonet's networked EcoSmart platform is designed to minimize the facilities energy consumption while maximizing guest comfort and will be installed in 232 luxury rooms and suites, complementing many other green initiatives already implemented at the property. Telkonet will provide a turnkey installation of the EcoWave product package wirelessly networked to Telkonet's cloud-based EcoCentral management platform via a Zigbee infrastructure, which is expected to reduce in-room energy consumption and equipment run-time by 38%. The EcoSmart network is designed to automatically adjust the heating, ventilation and air conditioning (HVAC) systems when rooms are unoccupied via Telkonet's patented Recovery Time™ technology and enhance guest comfort through integration with the existing property management system. The powerful web-based system enables remote monitoring of room temperatures and proactive troubleshooting of HVAC equipment from any web-enabled device or computer including iPads and smartphones.
Jason Tienor, CEO, Telkonet, Inc., commented: "We are excited to have been selected to perform this upgrade for Keen Technical Solutions in combination with Orion Energy Systems lighting retrofits, and are confident this is the first of what will be many more projects we perform with them. Our value proposition is increasingly being validated by systems integrators and Telkonet's technology leadership sets the stage for a strong performance in 2011."
ABOUT TELKONET
Telkonet is a 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, Public Housing 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
Source: Telkonet, Inc.
Released May 19, 2011