Dallas, Texas (July 29, 2011) – StockGuru shines its Spotlight on Telkonet, Inc (OTCBB: TKOI), developer of the revolutionary EcoSmart energy management platform, announced yesterday that it has expanded the rollout of EcoSmart products and services to Facilities Management of the Student Housing Department at the University of California at Davis. This continued expansion of Telkonet EcoSmart products into additional dormitories comes several months after a successful pilot installation at Webster Hall, located within the Cuarto Housing complex. The Webster Hall student housing facility consists of 2 to 3 bedroom suites serviced by water source heat pumps, now equipped with Telkonet ZigBee-enabled EcoInsight Thermostats. The dormitory rooms and lounges are remotely monitored and controlled via Telkonet’s EcoCentral based platform. The Company closed on July 28, at $0.175; the company has traded in a fifty two week range of $0.28 – $0.01.
With UC Davis’ Student Housing Facilities Management approval of EcoSmart’s performance and reliability at Webster Hall, the decision to install both Potter Hall and Sereno Hall was forthcoming. The expansion projects included self-installation by the UC Davis Student Housing Facilities Management Department, which has taken an active role in working with Telkonet’s Engineering Department to become self sufficient with installation, maintenance and service of the EcoSmart System. Telkonet EcoCentral now provides remote management of all three residence halls, each of the dormitories is networked into the campus’ Wide Area Network, providing a scalable, cost-effective energy management solution.
UC Davis Student Housing now has the tools needed to control energy usage and monitor mechanical systems within its dormitory rooms. Programming capabilities include Telkonet’s patented Recovery Time energy efficiency capabilities and automated temperature setback and scheduling with discrete profiles for managing school schedules and seasons.
“After becoming familiar with how flexible and effective the EcoSmart System is, we decided to deploy the system in Potter and Sereno Halls ourselves. Our HVAC shop is now equipped to program and maintain EcoSmart in house, and we are moving forward with additional installations immediately. EcoSmart products provide excellent energy savings, but they also provide a huge upgrade to resident experience when compared with traditional fancoil controls — they don’t just save energy, they look great too,” said Dave MacKinnon of UC Davis Student Housing.
Jason Tienor, CEO, Telkonet, Inc., said, “The continued acceptance of our EcoSmart product line within the Higher Education market is a great validation of our technology. As colleges and universities continue to seek areas in which they can become more energy efficient, Telkonet continues to demonstrate its leadership and value for these projects.”
Telkonet is 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 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).
To view this StockGuru Spotlight, please visit: http://www.stockguru.com/category/latest-spotlights/
To get free alerts on this and other similar stocks, please register here:
What is the StockGuru Spotlight?
Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.
StockGuru looks for potential break-out candidates in The StockGuru Spotlight. Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage. There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below. StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.
To feature a company in The StockGuru Spotlight please contact the Publisher at firstname.lastname@example.org. If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile. Please contact the StockGuru Publisher John Pentony at this email address: email@example.com.
Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage. When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present. Additionally SG also discloses any anticipated compensation in the future. Compensation is typically in cash. Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
John Pentony, Publisher, Stockguru.com
Tel: +1 469 252 3031