MILWAUKEE, June 28, 2012 /PRNewswire/ -- Telkonet, Inc. (OTC BB: TKOI.OB), developer of the revolutionary EcoSmart energy management platform incorporating patented Recovery Time™ technology, announced today that EnTel, a Telkonet partner, has contracted to install EcoSmart in two hotels and one multi-tenant entertainment complex through its EnTeligence™ Solution.
The EnTeligence Solution, a complete utility management program, reduces HVAC costs with EcoSmart energy management technology as well as reducing water, sewer and natural gas costs.
"Telkonet technology plays an integral role in enhancing the capabilities of our EnTeligence™ utility management solution," said Michael Hunter, CEO of EnTel.
"We promise our clients that EnTel will simultaneously uncover significant savings on utility costs and help them become more eco-friendly without sacrificing room comfort," he added. "Telkonet's EcoSmart technology allows us to keep this promise."
EnTel, a Telkonet partner since January 2012, is an emerging leader in utility management systems, energy optimization services, and other utility solutions.
"Our partners, like EnTel, are crucial to the success of Telkonet," said Jason Tienor, Telkonet's CEO. "The energy expertise of Michael Hunter and his team at EnTel help our energy management technology gain traction in new markets and expand coverage in markets--like hospitality--where we're already a major player."
In addition to upcoming installations at the two hotels and the entertainment complex, another 10 properties are slated for contract and installation within the next six months.
Headquartered in Baltimore, MD, EnTel has been in operation since 2009. The company specializes in Utility Management Systems, Load Response and Utility Services. As an aggregator of smart solutions from industry leaders, EnTel offers a holistic approach in engaging clients wherever they are on their way to Smart utility management. For more information, visit www.entel-inc.com.
Telkonet, a leading United States-based energy management technology provider, offers hardware, software and services to commercial customers worldwide. The EcoSmart suite of products, along with the EcoCentral management platform, can reduce energy consumption, HVAC runtime and utility costs in most building environments. Telkonet's energy management products have the power to reduce energy consumption, minimize carbon footprints and help eliminate the need for the construction of new power plants. For more information, visit www.telkonet.com.
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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).
Telkonet Investor Relations
SOURCE Telkonet, Inc.