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Telkonet, Inc. (TKOI) Technology Selected by Top Alexandria Hotel

|Includes: Telkonet, Inc. (TKOI)

Located in Milwaukee, Wisconsin, Telkonet has quickly evolved into a leading energy management technology company provider offering hardware, software and services to commercial clients across the globe. Today, Telkonet took a major step towards prominence with the announcement that they have had their EcoSmart energy management platform selected at the Westin Alexandria Hotel, owned by Cornerstone Real Estate Advisers, LLC and located in the exclusive Carlyle section of Old Town Alexandria.

Telkonet’s EcoSmart platform will control existing water source heat pumps in each of the 341-luxury rooms and 7-luxury suites of the hotel. This is a major upgrade for the Westin Alexandria Hotel that will not only provide an abundance of major savings but will enhance many of the green initiatives that were already in place.

Telkonet projects a 34% energy consumption that will save approximately $42,600 per year. Energy usage will be managed and reduced by automatically adjusting the heating and air conditioning. The company’s patented “Recovery Time” algorithm allows the system to optimize energy efficiency and maximize occupant comfort.

Leading the team at Telkonet is Jason Tienor whom serves as the company’s CEO. Tienor stated, “Since its release in Feb. of 2011, we’re very pleased by the market acceptance and penetration of our EcoSmart product line. Clients have been very generous with their positive feedback on the aesthetics and ease of use of our in-room thermostat. Additionally, they have noticed how much easier and faster it is to install and commission, which allows savings to be harvested very quickly.”

Currently, Telkonet is trading in the $0.18 range. With this breaking news and an array of technology within the company pipeline, Telkonet, Inc. is a company on the move.

To learn more about the company as a whole, visit their corporate website at: telkonet.com

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