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Technology Stocks : Broadband over power lines-BPL : 1) TELKONET -TKO & 2) AMBIE
TKO 189.37+0.5%9:30 AM EST

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To: Manx who wrote (16)11/3/2004 10:44:10 AM
From: im a survivor   of 131
 
Telkonet and Inn/Touch Services Deliver Broadband Internet Access for Presidential Summit in Costa Rica

November 03, 2004 09:00:00 (ET)

GERMANTOWN, Md., Nov 3, 2004 (BUSINESS WIRE) -- Telkonet, Inc. (TKO, Trade), the leader in providing in-building broadband access over existing electrical wiring, announced today that it was selected by Inn/Touch Services, a leading provider of telephone and network communications equipment to the hospitality market, to supply its high-speed Internet access system to the Herradura Hotel in Costa Rica, a 232 room hotel with a separate conference center.

Warren Steinman, Owner of Inn/Touch Services explained, "The Herradura Hotel in Costa Rica is hosting a prestigious summit for the Presidents of all the Spanish and Portuguese speaking countries in early November. The hotel urgently needed to upgrade their telephone system and wanted high-speed Internet access installed before the summit. Because the hotel is an older building, CAT 5 and wireless were not viable options for broadband Internet access. Telkonet's system was the logical choice, since it uses a hotel's existing electrical wiring to deliver broadband Internet access and can be quickly installed."

Mr. Dhanani, one of the hotel owners said, "I am very pleased with the speed of installation and the quality of the Internet service that we will be able to provide to our guests. The guests will not only be able to access the Internet from the convenience of their rooms, but also from any one of the three restaurants, the lobby area where they could be meeting with their clients, or any of the meeting rooms. In addition, guests can access the Internet while lounging at the pool area via the wireless access points connected to the Telkonet system. This will be a tremendous advantage for us over our competition with this most modern technology."

Telkonet's PlugPlus(TM) system is an innovative solution that uses patented powerline communications technology to deliver broadband Internet and data access over a building's existing electrical wiring. The system uses a building's existing infrastructure, which means that no new construction is required and installation is inexpensive. Telkonet's system can be installed within days, is designed to accept any Internet signal from a DSL line, T1 line, cable or satellite connection, and is encrypted to provide the highest level of security for its users. Users can access the Internet from any standard electrical outlet.

About Herradura Hotel

The Hotel Herradura Golf Resort and Conference Center is a 232 room property, with three restaurants, two of which have specialty cuisine; one Spanish and the other Japanese. The hotel has three tier swimming pools, outdoor Jacuzzis, the only 18 hole golf course in San Jose, the capital city, and tennis courts. It has the most advanced technology conference center in Central America, with the latest in conference equipment, such as international teleconferencing, operated by a professional and courteous staff.

About Inn/Touch Services

Inn/Touch Services installs both new and refurbished Mitel phone systems as well as the new Atlas ISDN digital Hospitality Phone System nationally. InTouch Services offers the latest upgrades for all Mitel systems, including an upgrade for the older analog 100/200 models. The Company also provides their own, hospitality designed voice mail system direct to a hotel's property. As the designer and manufacturer of the Voice Mail System, Inn/Touch Services can offer it at considerable savings. Inn/Touch is also the manufacturer of their own line of room phones which incorporate both high-speed and dial-up data ports, speakers, direct access memory buttons and message waiting. Inn/Touch Services has installed and is currently servicing over 330 properties from New Hampshire to Florida, Washington to California. Inn/Touch Services' phone systems interface with all the main front desk systems for all the major hotel chains.

About Telkonet

Telkonet's products provide connectivity over existing electrical wiring and do not require the costly installation of additional wiring or major disruption of business activity. In many situations, the Telkonet system can be implemented more quickly and less expensively than adding dedicated wiring or installing a wireless system. The Telkonet PlugPlus family of networking and internetworking products offers a viable and cost-effective alternative to the challenges of hardwiring and wireless local area networks (LANs). Telkonet PlugPlus products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets. For more information, please visit 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 revenues 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).

SOURCE: Telkonet, Inc.

Investors Stock Daily, Inc.
Jody Janson, 585-232-5440
jody@istockdaily.com
or
CEOcast, Inc.
Ken Sgro, 212-732-4300
kensgro@ceocast.com
or
Berkman Associates
John Hicks, 310-277-5162
info@berkmanassociates.com

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