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Technology Stocks : TKO - Telkonet, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jmhollen who wrote (7)	10/22/2004 11:10:38 AM
From: im a survivor	Respond to of 52

....Telkonet Comments on FCC`s Milestone Decision to Affirm Widespread Deployment of Broadband over Powerlines; Decision Expected to Accelerate Adoption of Broadband over Powerline Technology October 22, 2004 09:30:00 (ET) GERMANTOWN, Md., Oct 22, 2004 (BUSINESS WIRE) -- Telkonet, Inc. (TKO, Trade), the leader in providing in-building broadband access over existing electrical wiring, commented today on the recent groundbreaking decision by the Federal Communications Commission to affirm the widespread deployment of Broadband over Powerline (BPL) services and technology. "The FCC's milestone decision validates Telkonet's business model and underscores the potentially enormous value of our patented technology for providing in-building broadband access over existing electrical wiring. We expect the decision to accelerate the adoption of BPL as the broadband solution of choice in a wide variety of applications," said Ron Pickett, president and CEO of Telkonet. "By confirming existing technical rules and implementing important new rules for BPL deployment, the FCC's decision strengthens Telkonet's competitive position and enhances the value proposition we offer to customers in our target hospitality, multiple dwelling, and government markets." 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 technology can be installed within days in virtually any commercial, industrial, government or military building that requires high speed Internet access. In addition, our PlugPlus system is designed to accept the 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," Ron Pickett explained. 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. 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 Copyright (C) 2004 Business Wire. All rights reserved.