MILWAUKEE, March 18, 2014 /PRNewswire/ -- Telkonet, Inc. (OTCQB: TKOI), whose complementary business divisions include EcoSmart™, an energy management technology platform featuring Recovery Time™ technology and EthoStream®, one of the largest high-speed Internet access ("HSIA") providers in the world, today announced that Mode:Green has standardized on Telkonet as best-in-class energy management technology for future projects.
Mode:Green is a provider of energy management services that reduce energy consumption and lower utility costs while displaying real-time analysis of all consumable resources. They focus on developing simple solutions to complex systems for clients in the hospitality industry.
Bill Lally, LEED-AP and President/CEO of Mode:Green said, "A key to reducing utility consumption in hospitality facilities is monitoring power use through sub-metering to get insights into a building's consumers of energy. For years we have searched for energy management technology that could accurately deliver sub-metering data and offer the capability to manage room temperature drift to maintain guest comfort. Telkonet's EcoSmart system is the only technology that can provide the volume of data and accuracy that fits our integration solutions."
Telkonet's EcoSmart Intelligent Energy Management System achieves a balance between energy efficiency and occupant comfort by intelligently controlling the temperature and energy use in unoccupied spaces. Their EcoInsight thermostat has over 125 configurable settings to monitor and control the room environment for maximum efficiency.
Jason Tienor, Telkonet CEO states, "We are pleased to have Mode:Green, an innovator in building automation system integration, choose EcoSmart as their energy management system of choice for future projects. Their focus on integrating systems that touch IT, technical and mechanical technologies places them at the forefront of integrated building technology innovation and matches with our business model to supply clean technologies that can help clients reduce their energy consumption and carbon footprint."
Telkonet, a leading United States-based energy management technology provider, offers hardware, software and services to commercial customers worldwide. The EcoSmart suite of products, which includes EcoInsight and EcoWave intelligent thermostats, the EcoGuard energy management outlet and the EcoSwitch energy-efficient light switch can be deployed in most building environments to cut utility costs and enable remote monitoring and control using the EcoCentral management platform. 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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FORWARD LOOKING STATEMENTS
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 Annual Report on Form 10-K for the year ended December 31, 2012 filed with the Securities and Exchange Commission.
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SOURCE Telkonet, Inc.