A new report by Innovation Observatory, more than $378 billion will be collectively invested in building electricity smart grids by 2030. Sources: Http://Xrl.Us/Bii2sf http://xrl.us/bigqfh

Thursday, May 11, 2006

Telkonet's MST Launches First Bundled Package of Voice, Video, Internet and WiFi Services on New York City's Roosevelt Island


Thursday May 11, 10:35 am ET
MST Launches First ''Quadruple Play'' Services in a New Residential Development at The Octagon On Roosevelt Island


GERMANTOWN, Md.--(BUSINESS WIRE)--May 11, 2006--Telkonet, Inc. (Amex:TKO - News) -- All tenants of The Octagon, a newly opened 500-unit luxury residential complex on New York's Roosevelt Island, are moving in with free access to 21 Century technology, provided by the developer, Becker + Becker Associates. Microwave Satellite Technologies, Inc, (MST), a subsidiary of Telkonet Inc., has created and installed a communications system for The Octagon that allows all residents to enjoy a comprehensive bundle of services, including Internet, Cable, Voice and WiFi services - all from one provider.


The building's architect and developer, Bruce Becker, President of Becker + Becker Associates, is offering each of the 500 rental units free broadband access at every electrical outlet in the building, as well as cable TV, VoIP and WiFi services. The Octagon also boasts two fourteen-story wings, 30,000 square feet of lobby area, and amenities that include six tennis courts, on-site childcare, and a 22,000 square foot fitness center.

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