Wednesday May 3, 10:20 am ET
First Easily Deployed Complete System for Building-Wide Energy Management and Control
GERMANTOWN, Md.--(BUSINESS WIRE)--May 3, 2006--Telkonet, Inc. (Amex:TKO - News), the leader in providing in-building broadband access over existing electrical wiring, today announced the formation of Telkonet Energy Services (TES), a new division that will focus on providing energy data, energy management and energy market participation to residential and commercial properties nationwide. The installation of the proven Telkonet iWire System "energizes" the electrical infrastructure of residential and commercial buildings, creating a fully responsive data network. This network is then used to acquire energy information and control components of the HVAC system within the building, such as boilers, air conditioners, fans, pumps and thermostats.
The Company is currently negotiating to provide these services to several high-profile building owners in New York City, Chicago and Miami.
This division will operate within Telkonet's subsidiary, Microwave Satellite Technologies, Inc. (MST) of Hawthorne, New Jersey and will use a combination of advanced data technologies to acquire and display energy use and pricing information.
"With a simple installation, building owners and managers can now monitor, control and adjust energy usage and needs throughout a building using the same Telkonet iWire System that is currently being used to deliver high-speed Internet and VoIP services in MDU's and hotels throughout the country. Telkonet Energy Services takes advantage of the inherent benefits of the existing Telkonet product line in providing the perfect solution to the increasingly important need to manage and control energy usage. Building owners, managers and residents will be able to access energy information from any electrical outlet, or even from a remote location," said Frank Matarazzo, President of MST.
The TES includes installation of equipment that can facilitate participation in Demand Response programs. Also included in TES are systems to comprehensively combine information from photovoltaic (solar power) systems, sub-metering systems that monitor electrical use in individual apartments, existing energy management systems, and emergency generators.
Real-Time Energy Monitoring System
The Telkonet iWire System also creates a local area network within the building that can be accessed remotely via web portals by building owners and managers to monitor energy use in real time, allowing them to control usage in either specific areas of buildings, throughout the building, or even groups of buildings. Wireless thermostats connected to the Telkonet system can also be used to remotely control space temperature set-points to reduce energy consumption or improve comfort conditions.
TES offers the first easily-deployed system to display real time energy use, pricing information, and the means by which to optimize energy market participation. TES provides a user friendly web-based interface where energy use will be displayed according to the owners' and users' preferences -- the first system offering the ability to mix, match, calculate, and compare any combination of the many available data sources delivered through the Telkonet iWire System infrastructure.
The new 200 Mbps BROADBAND over POWER LINES Technology
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