GERMANTOWN, Md. - (Business Wire) Telkonet, Inc. (AMEX:TKO), the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, has been named as one of the country's top 500 fastest growing organizations, achieving 23rd place in the Deloitte Technology Fast 500, an annual listing of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Telkonet's ranking is based on the company's percentage revenue growth over five years (2003-2007), reflecting its consistent performance and technology leadership in energy management and broadband networking solutions.
President and CEO Jason Tienor highlighted Telkonet's remarkable progress, "Over the past five years, we have made a significant transition as a company. We have added an important business strand to augment our traditional roots as a powerline communications technology innovator, and are now firmly positioned as a leading provider of green energy management solutions. We are helping customers from a wide range of sectors – including hospitality, education and government – achieve tangible energy savings and meet their targets for green initiatives." Jason Tienor attributes this to Telkonet's unique combination of broadband networking expertise and advanced energy management systems, providing a high performance, fast deployment platform with a rapid payback cycle. He added, "Winning 23rd place in the Deloitte Fast 500 is an incredible achievement and it is an honor to be singled out for this award. We are building on this recent growth by expanding our penetration into new markets, while maintaining our focus on green and clean technology innovation."
Telkonet holds an acknowledged leadership position as a complete managed services provider, offering integrated solutions across energy management, high speed Internet access (HSIA), and powerline communications (PLC). Telkonet's unique solution set is based on a Software as a Service (SaaS) model, providing remote monitoring, management and customer reporting on top of an integrated technology platform.
About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
About Telkonet
Telkonet is the leading provider of innovative, centrally managed solutions for integrated energy management, wired and wireless networking, building automation and proactive customer support services. The company’s unique broadband networking solutions support more than 2 million network users per month, with its energy management systems dynamically lowering HVAC costs in over 95,000 rooms.
Telkonet's approach is designed to deliver complete system control and flexibility. Using the Software-as-a-Service (SaaS) model, Telkonet’s products are all networked, enabling local and remote access via Telkonet’s web-based platform, Telkonet CENTRAL. This essential management tool enables both property management and Telkonet customer support staff to monitor and manage all of Telkonet’s systems proactively in real time, reducing costs and streamlining network support.
Telkonet’s technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Telkonet’s platforms are widely deployed on the global stage – in single buildings and ships, in multi-building complexes, hospitality venues, multi-dwelling units, and utilities. 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).
Telkonet, Inc.
Joe Noel, 240-912-1851
or
CEOcast
Michael Wachs, 212-732-4300
mwachs@ceocast.com
or
Garrett Axford
Georgina Garrett / Simon Jones
866-940-9987, +44-1903-854900
mail@garrett-axford.co.uk
