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Novicetrader -
guess you got your answer now. So glad I sold around 0.66 and am out for now though I still believe in the company's products. But they need to get their finances squared away to go anywhere and a demotion to the OTCBB will hamper investment interests and makes them prone to MM games with diminishing volumea and transparency into the true L2 and L3 gets lost.
Telkonet Inc. Receives NYSE Amex Staff Determination
GERMANTOWN, Md., Sep 02, 2009 (BUSINESS WIRE) -- Telkonet, Inc. (NYSE Amex: TKO), a Clean Technology company that develops and manufactures proprietary energy management and SmartGrid networking technology, announced that on August 27, 2009, NYSE Amex LLC (the "Exchange") delivered a delisting notification indicating that it has not accepted Telkonet, Inc.'s (the "Company") plan to regain compliance with the Exchange's continued listing standards, as submitted by the Company on June 25, 2009.
Specifically, the notice indicated that the Company is not in compliance with Section 1003(a)(iv) of the Company Guide in that its financial condition has become so impaired that it appears questionable, in the opinion of the Exchange, as to whether the company will be able to continue operations and/or meet its obligations as they mature and that the Company's plan does not make a reasonable demonstration of the Company's ability to regain compliance with Section 1003(a)(iv) of the Company Guide. More specifically, the Exchange based its determination on the Company's financial condition disclosed in the Company's 10-Q for the period ended June 30, 2009 and the Exchange staff's doubt as to the Company's ability to raise additional capital structured to meet the requirements of the Exchange's rules. The Exchange staff also determined that the Company had not adequately addressed its plan to increase the selling price of its common stock, which constitutes an additional deficiency, pursuant to Section 1003(f)(v) of the Company Guide.
The Company intends to exercise its limited right to appeal the basis for the delisting determination by requesting a hearing before an Exchange Listing Qualifications Panel, which must be filed with the Exchange on or prior to September 3, 2009. As a condition to any appeal, the Company is required to pay to the Exchange the total sum of $55,000 consisting of a non-refundable $5,000 hearing fee and unpaid listing fees totaling $50,000. During the appeals process, the Company expects that its common stock will remain listed on the Exchange. The Company intends to continue to execute on the plan it submitted to the Exchange and remains optimistic of its ability to meet the targets and commitments set forth therein, however, there can be no assurance that it will be able to do so or that the Exchange will grant the Company's request for continued listing of its common stock. In the event that the Company's common stock is delisted from the Exchange, the Company expects its common stock to trade on the Over-the-Counter Bulletin Board.
About Telkonet
Telkonet provides integrated, centrally-managed energy management and SmartGrid networking solutions that improve energy efficiency and reduce the demand for new energy generation. The company's energy management systems, aimed at the hospitality, commercial, government, healthcare and education markets, are dynamically lowering HVAC costs in over 140,000 rooms, and are an integral part of various utilities' green energy efficiency and rebate programs.
Primarily targeting SmartGrid and utility applications, Telkonet's patented powerline communications (PLC) platform delivers cost-effective, robust networking, with real-time online monitoring and maintenance capabilities, increasing the reliability and energy efficiency across the entire utility grid. www.telkonet.com.
All company, brand or product names are registered trademarks or trademarks of their respective holders.
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.
The way it has been trading for the past 3 weeks maybe there is hope on this POS..
Novicetrader...Thanks for bring that information to the table..I never notice anything about delisting TKO..I will start checking around...Thanks again, PP
Novicetrader...Thanks for bring that information to the table..I never notice anything about dis-listing TKO..I will start checking around...Thanks again, PP
Anyone know what happened to the delisting issue on TKO?I see that they were advised in mid-May about non-compliance & the company had said it intends to submit a plan to the Exchange by June 18,2009.Don't see any filing/news about them submitting a plan since,nor do I see any mention about it in the 10Q that just came out.Do we have any update on this delisting issue?Or we get it in tomorrow's CC?
Albeit I still own many shares of TKO I still it is a POS..I hope I can recover some of my money..
(TKO)PR News...
As of 12:00 AM ET 8/13/09
Telkonet, Inc. (NYSE Amex: TKO), a Clean Technology company that develops and manufactures proprietary energy management and SmartGrid networking technology, announced today that it will report second quarter results for the period ended June 30, 2009 on Monday, August 17, 2009. The Company will hold a conference call at 8:30 am Eastern Time that day to discuss the results and business outlook.
Interested parties should dial (866) 893-4204 (domestically) or (706) 758-7105 (internationally). Please use conference ID# 24338595. There will be a replay of the call available until September 18, 2009 posted on the Investor Relations page of the Telkonet web site at http://www.telkonet.com/investors/investors.php.
(TKO) Telkonet Products
Telkonet’s patented powerline communications (PLC) systems – the Telkonet iWire System and next generation 200 Mbps Telkonet Series 5 – use a building’s existing internal electrical wiring to enable Internet connectivity throughout an entire building, converting electrical outlets into high-speed data ports. This is an ideal solution for properties that are not wired with CAT-5 or where CAT-5 is cost-prohibitive.
The EthoStream Gateway Server (EGS) product line of gateway devices, which are developed in-house, deliver wired or wireless high-speed Internet access, integrating easily with any combination of WAN connections. The EGS products range from a cost-effective gateway for limited use applications to a feature-rich, dual-WAN, scalable gateway for full-service properties.
Telkonet’s energy management systems, Telkonet SmartEnergy (TSE) and Networked Telkonet SmartEnergy (NTSE), reduce in-room energy consumption by controlling heating, ventilation and air conditioning (HVAC) usage based on occupancy. By eliminating unnecessary heating and cooling of vacant rooms, TSE typically reduces energy consumption by 30% or greater.
Telkonet’s proactive support center brings quality of service to a new level with its dedicated, in-house employees, 24/7/365 support, and integrated proactive monitoring and management tools that put property management in control. By integrating the EthoStream Gateway Server and the web-based Telkonet CENTRAL, our in-house support team has real-time visibility into a property’s HSIA usage and data, as well as ISP status.
(TKO) Telkonet Smart Energy Systems are saving "Big" $$$$ for the Hotel and Motel Industry by saving on curbing wasted energy usage...
13 Green Hotel Projects Proven To Save Money
by Brandon Conard & Jay Sandler
Luxury resorts and small motels alike benefit financially from being energy efficient: cutting energy usage is good for the planet, it helps the economy, and it puts money in the hotel’s pockets. However, while energy efficiency opportunities abound, they are frequently not taken. Why? In working with hotels, sustainability analysts at BlueMap Inc. found many managers simply did not understand how fast the cost of wasting energy adds up to real money. To help clarify this, BlueMap compiled the list below of simple steps any hotel can do to save energy – but more importantly they figured out how much each one can save you.
1) Smart Energy System
The Telkonet Smart Energy System uses integrated sensors and smart thermostats to shut down room heating and cooling when it is not needed. The Smart Energy System uses infrared sensors in the room to detect motion and body heat in a room, which then wirelessly tells the through-the-wall climate control unit to adjust the room’s temperature accordingly. By using the Smart Energy System, in parts of the country with significant heating or cooling needs, hotels can save as much as $100 per room.
2) Vending Miser Product
VendingMachines run the display case light and refrigerator motor day and night, regardless of time or occupancy. VendingMiser cuts back on this energy waste. VendingMiser uses a motion detector to sense when no one has been around the machine for a while, and then it shuts off the display light and turns off the refrigerator motor. To make sure the drinks in the machine do not get warm, VendingMiser turns the motor back on every two hours for a bit, but this way the motor is not running full blast all through the night. VendingMiser can save $150 a year per machine, and many utilities give rebates for buying it that are large enough to offset over half the purchase price.
3) Commercial Coffee Maker
Almost every hotel offers free coffee to guests in the lobby areas. These coffee pots are usually kept hot even when they are not actually in use, which is a problem since commercial coffee makers consume a great deal of energy (about 2,500 watts). If the coffee maker is turned off for four hours per day when not in use, it can save the hotel owner approximately $275 per year.
4) Televisions
The average 19-inch CRT television is rated at 250 to 300 watts. This may be the most conspicuous waste of energy at a hotel, as many guests leave the set on when they are not in the room. Turning the T.V. off for two hours per day when not in use could save hotels approximately $50 per year.
5) Room Lighting
While the drive to switch to CFL light bulbs or the new, brighter LED lights is spreading to hotels, most room provide four table or wall-mounted incandescent lamps. Typically, these are 100-watt incandescent bulbs. When they are left on for four hours per day, the energy cost is $50 per year, per room.
6) Bathroom exhaust fan
Some guest bathroom exhaust fans are controlled by the light switch. Therefore, when the bathroom light is left on, the fan runs continuously. This is a very small motor; therefore, if the fan were left on eight hours per day, it would cost about $25 per year to operate, not including the large cost of replacing exhausted air with outside air.
7) Bathroom light
It is difficult to generalize the lighting load of guest bathroom lighting since there is a variety of fixtures, but a 200-watt light equivalent can be assumed. Guests frequently leave bathroom lights on as night lights. Assuming this happens on a regular basis, or about eight hours per day, it will cost an additional $50 per room per year to operate this light.
8) Pool lights
Small indoor swimming pools are usually provided with two 500-watt incandescent underwater lights. Unfortunately, many managers leave these lights on for decorative purposes when the pool room is closed. Turning these lights off for eight hours every night will save approximately $250 per year.
9) Pool room exhaust fan
It is not unusual to find a one-horsepower exhaust fan operating continuously on the outside wall of an indoor pool. This fan can easily be turned off for at least eight hours per day, saving $200 per year.
10) Jacuzzi
Many new limited service hotels have a small indoor pool and whirlpool. It is not unusual to find a whirlpool with an aerator that operates continuously. This aerator is typically a one and one-half horsepower pump and can easily be kept off for at least four to eight hours per day. If the aerator runs continuously, it will cost an additional $200 to $300 per year to operate.
11) Housekeeping/storeroom lights
Storerooms generally have one or two 100-watt incandescent lights that are frequently left on continuously. When these lights burn all hours, it will cost the hotel $60 to $120 per year per room in wasted energy.
12) Stairwell lighting
The most popular design for limited service hotels incorporates numerous exterior windows that almost always provide adequate light in stairwells during daytime hours. If, despite the natural light, lights are turned on continuously in stairwells, it will cost $200 to $300 per year per stairwell depending on the number of floors in the hotel. (Hotels without natural light must leave stairwell lights on 24-hours per day for safety reasons.)
13) Parking lot lights
Savings obtained in reducing parking lot lighting depends directly on the total number of lights and wattage in a parking lot. Assuming the presence of ten 400-watt high-pressure sodium lamps, operating these lights just one hour too long in the morning and in the evening will cost the hotel owner an additional $250 per year.
Conclusion
While it can be difficult to assess how much energy is wasted each year in a hotel, hotel managers now have technology to help limit the waste: timers, occupancy sensors, as well as energy management systems. Although hotel guests’ habits vary and local energy costs may diverge from the national average ($0.08/kWh – used in the aforementioned figures), it is not unusual to find yearly cost savings from $10,000 to $30,000 or more per property. With the assistance of an experienced sustainability consultant, hotel owners can cut costs even more substantially, contribute to the greening of their communities, and leverage their efforts with a green marketing campaign.
If your hotel would like help calculating which of these measures, or other clean tech products, can help them save money, please contact BlueMap Inc.
Brandon Conard and Jay Sandler are Sustainability Analysts at BlueMap Inc., a research firm focused on the quantification of sustainability decisions and clean tech investments for our clients. BlueMap Inc. specializes in creating profitable and innovative environmental impact reduction strategies for our clients. BlueMap's advantage is its focus on quantitative analysis to prove which strategies concurrently lower overall costs as well as environmental impact.
(TKO) Nice Volume today...Getting interesting..
(TKO)..The 50Ma keeps moving upward toward the 200Ma and crosses, Mommy..Looken good(IMHO)...
(TKO) Alittle profit taking Tuesday..(IMHO)Something is starting and storm clouds are gathering..
(TKO) PR News..A Little Late..
Monday 08/10/2009 8:30 AM ET
Telkonet, Inc. (NYSE Amex:TKO), a Clean Technology company that develops and manufactures proprietary energy management and Smart Grid networking technology, announces that it is hosting a free-access utility substation automation Webinar on Wednesday, August 26, 2009. Utility companies are continually researching new methods of improving substation operation, with reliable communications often requiring a disproportionate investment in fiber laying and equipment. The Webinar looks at the role played by powerline communications (PLC) technology as a viable alternative, using the existing low voltage or control wires to provide a reliable, secure communications network within a substation. The agenda includes an in-depth discussion regarding the proactive monitoring of transformers and other equipment to improve reliability together with saving operation and maintenance costs, with PLC providing the communications channel between a Control House and the Transformers/ Circuit Breakers.
Hate to miss the boat to break even I'm out @.13, see this type of chart quite often, pump and dump. Especially when compared with it's peers they are all down yet TKO up 26% I'm outta here! GLTA
You should because its just pure junk -- IMO --
Sonny,
Check out this message board:
http://investorshub.advfn.com/boards/board.aspx?board_id=13944
Apparently, there have been paid stock promoters sneaking around in the past. They have all come out of the closet, now.
Tony
Hey Sonny. Are you still holding ? I trade ETFs now. Less risk and it's easier to follow the hot sectors. Looks like we'll be in a trading range for a few years depending on how long the recession lasts. You can use short and long ETFs to play the ups and downs of the market.
Tony
Its reality Tony..IMO Pizzrod,Ron Pickett, and the rest of the scumbugs took all our money and run..They should all go to hell..
I hear crickets chirping.
Wow!!! Stock is down to 15 cents.
Was it all just a dream ?
Tony
SEC Filing on Tuesday, July 1st
Form S-3 Registration Statement
This prospectus covers 19,351,000 shares of our common stock that may be offered and sold from time to time by the selling stockholder named in this prospectus. We will not receive any proceeds from the sale of the shares of our common stock pursuant to this prospectus. We will bear the costs relating to the registration of the shares of our common stock, which we estimate to be approximately $15,444.
The selling stockholder may sell the shares of our common stock through ordinary brokerage transactions or through any other means described in this prospectus under “PLAN OF DISTRIBUTION.” The price at which the selling stockholder may sell the shares will be determined by the prevailing market price for the shares or in negotiated transactions.
Our common stock is listed on the American Stock Exchange (“AMEX”) under the symbol “TKO.” On June 27, 2008, the last reported sale price of our common stock was $0.57.
The proposed maximum offering price per share with respect to 16,851,000 shares was $0.58 per share, and the proposed maximum offering price with respect to 2,500,000 shares was $0.61 per share and both were estimated in accordance with Rule 457 solely for the purpose of determining the registration fee.
All SEC Filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001094084
GERMANTOWN, Md.--(BUSINESS WIRE)--Telkonet, Inc. (AMEX:TKO - News), the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, announces that it has appointed Jeff Sobieski as Chief Operating Officer with immediate effect. Formerly Executive Vice President (EVP) of Energy Management, Jeff has been with Telkonet since March 2007 and is taking over as COO following Dottie Cleal's resignation in May due to immediate-family health issues.
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Telkonet's President and CEO Jason Tienor commented, "Our business is seeing dramatic change with energy management related opportunities permeating almost all aspects of our product lines and many of our business functions and opportunities. Jeff assumed the post of EVP of Energy Management in December 2007, with responsibility for evolving the roadmap to realize continued growth and efficiencies across the energy management products and operations. He also led the drive to secure high level business for our energy management solution, as well as developing the roadmap for our new networked platform, preparing Telkonet for strong growth in this area. As Telkonet continues to implement additional operational efficiencies, the separate roles of EVP of Energy Management and COO are increasingly redundant and therefore, we have consolidated these into a single role held by Jeff Sobieski. We look forward to his continued strong contributions to help Telkonet realize its success and achieve new milestones.”
As COO, Jeff will work out of Telkonet's offices in both Germantown and Milwaukee. Commenting on his new role, Jeff said, "I am gratified by the Board's confidence in me, and regard this as a great honor and opportunity. As an existing part of the team, I can bring my organizational knowledge and established relationships into play, accelerating the process of uniting the company and establishing cross-functional communication."
Prior to joining Telkonet, Jeff was Chief Information Officer at EthoStream, which he co-founded with Jason Tienor in 2002. His career includes co-founding Interactive SolutionZ, a Milwaukee-based IT consulting firm, and a number of high-level consulting and system development projects, including positions within major corporations in the medical and insurance industries. Jeff holds a B.S. degree in Computer Science from the University of Wisconsin-Oshkosh, and a MBA from Marquette University. He is married with two children.
About Telkonet
Telkonet’s unique broadband networking solutions currently support more than 1.7 million network users per month, with its energy management systems optimizing energy consumption in over 85,000 rooms. Telkonet’s technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet’s platforms are widely deployed on the global stage – in single buildings and ships, in multi-building complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet’s innovations include the revolutionary Telkonet Series 5 and the Telkonet iWire System™, which convert a site’s existing internal electrical infrastructure into an IP network backbone – quickly, cost-effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy™ completes the line-up, delivering typical bottom line savings of 30% by controlling in-room energy consumption according to occupancy. For more information, please visit www.telkonet.com.
All company, brand or product names are registered trademarks or trademarks of their respective holders.
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).
Contact:
Media Contacts:
Telkonet, Inc.
Joe Noel, 240-912-1851
or
CEOcast
Michael Wachs, 212-732-4300
mwachs@ceocast.com
or
Garrett Axford
Georgina Garrett / Simon Jones
866-940-9987, +44-1903-854900
mail@garrett-axford.co.uk
--------------------------------------------------------------------------------
please elaborate
Telkonet to Provide Comprehensive Managed HSIA Solution for Red Lion Hotels
Telkonet Beats Top-Level Competition to Install Wired and Wireless High-Speed Internet Access in 5,400+ Rooms in 30 Hotels Across the US, Starting in Q2
Last update: 7:50 a.m. EDT June 20, 2008
GERMANTOWN, Md., Jun 20, 2008 (BUSINESS WIRE) -- Telkonet, Inc. (TKO:telkonet inc com
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TKO 0.57, 0.00, 0.0%) , the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, announces that it has won a significant competitive bid with Red Lion Hotels Corporation to supply a comprehensive managed high speed Internet access (HSIA) solution. The project will involve installing high-speed Internet access in more than 5,400 rooms in 30 properties across the United States and in providing customer support. The HSIA roll-out has commenced and will be completed early in Q3.
Red Lion Hotels was looking for a combination of proven, industry-leading HSIA technology matched by outstanding support capabilities, selecting Telkonet as the best match on all counts. Telkonet's turnkey gateway server technology was a key factor in the decision, supported by the ability to manage and monitor the system remotely in real-time via Telkonet's acclaimed web-based Remote Management Console (RMC). The fact that Telkonet designs its own products and is able to offer an exceptional degree of customization based on the hotel chain's specifications was very important, enabling them to offer faster bandwidth options to selected users and to fine-tune the system set-up to individual locations.
Telkonet won the bid against stiff competition, after an extensive proposal process that involved multiple companies. Telkonet's CEO Jason Tienor said, "This was a fiercely-competitive project that required us to demonstrate our capabilities against a number of much larger vendors. This represents one of the largest HSIA contracts we have secured this year and we are delighted to have won the day on the basis of our strong technology, and our unequalled track record for customer support. Our goal is to fully contribute to Red Lion Hotels' corporate strategy of providing a customer-focused full service approach, with the addition of a flexible, state of the art HSIA service."
Unlike standard, off-the-shelf HSIA solutions, Telkonet's innovative, standards-compliant gateways are designed to offer intrinsic flexibility, enabling a unique degree of customization to suit individual hotels' requirements and customer demands, ensuring that the hotel chain gains the maximum advantage from the solution's inherently dynamic and flexible performance capabilities. This includes the option to add fully integrated energy management functionality to the same platform, in line with the quest to deliver improved energy efficiencies through to intelligent HVAC control. Supporting both wired and wireless access, Telkonet's solution is designed for ease of integration with any type of Wide Area Network (WAN) connection, underpinned by a comprehensive range of customer support services.
About Telkonet
Telkonet's unique broadband networking solutions currently support more than 1.7 million network users per month, with its energy management systems optimizing energy consumption in over 85,000 rooms. Telkonet's technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet's platforms are widely deployed on the global stage - in single buildings and ships, in multi-building complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet's innovations include the revolutionary Telkonet Series 5 and the Telkonet iWire System(TM), which convert a site's existing internal electrical infrastructure into an IP network backbone - quickly, cost-effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy(TM) completes the line-up, delivering typical bottom line savings of 30% by controlling in-room energy consumption according to occupancy. For more information, please visit www.telkonet.com.
All company, brand or product names are registered trademarks or trademarks of their respective holders.
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.
Joe Noel, 240-912-1851
or
CEOcast
Michael Wachs, 212-732-4300
mwachs@ceocast.com
or
Garrett Axford
Georgina Garrett / Simon Jones
866-940-9987, +44-1903-854900
mail@garrett-axford.co.uk
Copyright Business Wire 2008
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Sonny,
Check out this TKO development:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_T/threadview?m=tm&bn=23708&tid=37803&mid=37803&tof=24&frt=2
Is Alicia still single ?
Tony
Headed to the chitter for sure!!
First Quarter Results & CC..
Press Release Source: Telkonet, Inc.
Telkonet to Announce First Quarter Results on Tuesday, May 13th; Company to Hold Conference Call at 4:30 P.M. Eastern Time That Day
Tuesday May 6, 2:05 pm ET
GERMANTOWN, Md.--(BUSINESS WIRE)--Telkonet, Inc. (AMEX:TKO - News), the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, announced today that it will report first quarter results for the period ended March 31, 2008 on Tuesday, May 13th after the market closes. The Company will hold a conference call at 4:30 p.m. Eastern Time that day to discuss the results and business outlook.
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The conference call will take place at 4:30 p.m. Eastern Time. Interested parties should dial 888.727.7659 (domestically) or 913.312.1500 (internationally). Please use passcode 4120842. There will be a replay of the call available until June 13, 2008. The replay is available by dialing 888.203.1112 (domestically) or 719.457.0820 (internationally). Please use passcode 4120842.
About Telkonet
Telkonet’s unique broadband networking solutions currently support more than 1.6 million network users per month, with its energy management systems optimizing energy consumption in over 80,000 rooms. Telkonet’s technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet’s platforms are widely deployed on the global stage – in single buildings and ships, in multi-building complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet’s innovations include the revolutionary Telkonet Series 5 and the Telkonet iWire System™, which convert a site’s existing internal electrical infrastructure into an IP network backbone – quickly, cost-effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy™ completes the line-up, delivering typical bottom line savings of 30% by controlling in-room energy consumption according to occupancy. For more information, please visit www.telkonet.com.
All company, brand or product names are registered trademarks or trademarks of their respective holders.
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).
Contact:
Media Contacts:
Telkonet, Inc.
Joe Noel, 240-912-1851
or
CEOcast
Michael Wachs, 212-732-4300
mwachs@ceocast.com
--------------------------------------------------------------------------------
Source: Telkonet, Inc.
Thanks for the update Ouch..haven't been keeping up with TKO..yes he should of done it a while back when he knew he couldn't run this darn thing..
Who would have thunk.. 3 years too late, IMO...
Author: siriusadult send pm · add member to favs · ignore · recommend
Recs: 0 Pickett resigns!
TELKONET INC: 8-K, Sub-Doc 1, Page 2
--------------------------------------------------------------------------------
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 7, 2008, James “Lou” Peeler and Ronald W. Pickett resigned from the Board of Directors of Telkonet, Inc. due to personal health concerns. As a result of these resignations, the number of directors serving on the Board of Directors was decreased from seven to five. The remaining directors also elected Anthony J. Paoni to serve as Mr. Peeler’s replacement on the Audit Committee.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
None.
SIGNATURES
I feel like fresh meat at the jail house. My only bright spot is it sold off like a turd yesterday pm just like it always does. Watch it go lower today.
393% is a nice percentage to say the least..
Shred did you poked this with stick? lol
Telkonet Announces 2007 Fourth Quarter and Year-end Results
Tuesday April 1, 4:01 pm ET
GERMANTOWN, Md.--(BUSINESS WIRE)--Telkonet, Inc. (AMEX:TKO - News), the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, announced today fourth quarter and 2007 year-end results for the period ended December 31, 2007. The 2007 results of operations include the acquisitions of EthoStream, LLC and Smart Systems International on March 9, and March 15, 2007, respectively. The 2007 consolidated results include the operations of the Company’s majority-owned subsidiary MSTI Holdings, Inc. (OTCBB:MSHI - News) or “MST” which also includes results of MST’s acquisition of Newport Telecommunications Co. on July 18, 2007.
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For the 2007 fourth quarter, Telkonet, Inc. had revenue of $4.7 million, an increase of 393% compared to $0.9 million in the fiscal 2006 fourth quarter. The increase was a result of both organic growth and growth from acquisitions. Excluding revenue from its MST subsidiary, Telkonet had revenue of $3.7 million, compared to $0.5 million in the year-earlier period. Telkonet (excluding the results of MST) had a negative adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Stock-based compensation), a non-GAAP measure, of $(3.5) million in the 2007 fourth quarter, compared to negative adjusted EBITDA of $(3.7) million in the 2006 fourth quarter.
Telkonet, Inc. reported a fourth quarter 2007 net loss of $(5.5) million, or $(0.08) per share, compared to a net loss of $(5.1) million or $(0.08) per share in the 2006 fourth quarter. The 2007 fourth quarter net loss included a loss of $(3.1) million from MST, net of minority interest, a one-time gain on the sale of an investment of approximately $1.9 million and non-cash expenses of $0.5 million related to stock-based compensation, depreciation and amortization, while the 2006 fourth quarter loss included non-cash expenses of $0.3 million related to stock compensation, depreciation and amortization.
In the twelve months ending December 31, 2007, Telkonet had revenue of $14.2 million, an increase of 173% compared to $5.2 million in the twelve months ended December 31, 2006. Excluding revenue from its MST, Telkonet generated revenue of $11.5 million compared to $3.4 million in the year-earlier period. The revenue growth was a result of both organic growth and growth from acquisitions. Telkonet (excluding the results of MST) had a negative adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Stock-based compensation), a non-GAAP measure, of $(12.9) million in the fiscal year 2007, compared to a negative adjusted EBITDA of $(12.9) million in the year-earlier period.
Telkonet reported a net loss of $(20.4) million, or $(0.31) per share, compared to a net loss of $(27.4) million or $(0.54) per share for the year-earlier period. The 2007 net loss included a loss of $(7.1) million from MST, net of minority interest. Also included in the loss are non-cash expenses of $2.1 million related to stock-based compensation, depreciation and amortization, while the 2006 net loss included non-cash expenses of $1.6 million related to stock-based compensation, depreciation and amortization.
“During the fourth quarter of 2007 the Company took significant steps to position itself for growth and improved operating results in 2008,” said Jason Tienor, Telkonet’s president and CEO. “We sharpened our focus in areas where we are able to generate near-term revenue growth, such as energy management, where we have recently landed significant contracts with commercial customers and hospitality management firms. Today’s announcement of an energy management contract with a Fortune 100 company is another example of how our direct sales efforts are yielding results. Many of these relationships are already contributing to revenue growth and improved visibility. We are also excited by the recent launch of the next-generation 200Mbps Telkonet Series 5™ powerline communications (PLC) system. Recently, we completed the first deployment of the system in a high-profile location. We expect to increase our marketing efforts around this product. On the cost side, last year we began the process of consolidating operations, which has resulted in the elimination of our Las Vegas office. The actions the Company has taken are expected to reduce annual operating expenses by at least $4 million per year.”
Some of the recent highlights include:
* First commercial installation of the next-generation 200Mbps Telkonet Series 5 powerline communications (PLC) system. The Company and MSTI Holdings, Inc. announced the first commercial installation of the 200Mbps Telkonet Series 5 powerline system, enabling broadband networking in a rapid deployment at 370 Lexington, a high-rise commercial office building located in the heart of Midtown Manhattan. MSTI and Telkonet are partnering to bring the groundbreaking Telkonet Series 5 platform to building owners throughout the Tri-State area as part of an aggressive marketing program.
* $3.5 Million contract with InTown Suites. The Company was awarded a contract to install its intelligent Telkonet SmartEnergy™ system (TSE). Telkonet will install TSE products in 125 locations across the country, as an integral component in the organization’s commitment to achieving increased energy efficiencies at their properties. The contract is expected to be completed by the end of 2008 second quarter.
* Appointment of new management team. In December the company appointed a new Chief Executive Officer and new Chief Operating Officer.
* Growing sales of energy management solutions to the hospitality sector. The Company has entered into a groundbreaking energy efficiency program utilizing Wisconsin's Focus on Energy Program Incentives to reduce energy consumption and carbon emissions within the state of Wisconsin. Focus on Energy has already saved business customers more than $100 million annually. The Telkonet SmartEnergy advanced occupancy-driven in-room energy management solution provides hospitality industry customers with discounted energy management and energy efficiency products and installation under the program.
2008 Business Outlook
The Company expects record 2008 first quarter revenue and expects significant sequential revenue growth, due to excellent visibility from recent customer awards.
The Company will hold a conference call today at 4:30 p.m. eastern time to discuss the results. Interested parties should dial 888.609.5701 (domestically) or 913.312.1384 (internationally). Please use passcode 7884282. There will be a replay of the call available until May 1, 2008. The replay is available by dialing 888.203.1112 (domestically) or 719.457.0820 (internationally). Please use passcode 7884282.
Telkonet also reported that its audited financial statements for the fiscal year ended December 31, 2007, which statements were included in its Annual Report on Form 10-K filed with the Securities and Exchange Commission contained an unqualified opinion from its independent registered public accounting firm which included an explanatory paragraph raising doubt about Telkonet's ability to continue as a going concern. This announcement, which is being made in compliance with the AMEX Company Guide Rule 610(b) requiring a public announcement of the receipt of an audit opinion that contains a going-concern qualification, does not reflect any change or amendment to the financial statements as filed.
To comply with Regulation G promulgated pursuant to the Sarbanes-Oxley Act, Telkonet Corporation attached to this news release and will post to the company’s investor relations web site (www.telkonet.com) any reconciliations of differences between non-GAAP financial information that may be required in connection with issuing the company’s quarterly financial results.
The Company, as is common in its industry, uses EBITDA as a measure of performance to demonstrate earnings exclusive of interest and non-cash events. The Company manages its business based on its cash flows. The Company, in its daily management of its business affairs and analysis of its monthly, quarterly and annual performance, makes its decisions based on cash flows, not on the amortization of assets obtained through historical activities. The Company, in managing its current and future affairs, cannot affect the amortization of the intangible assets to any material degree, and therefore uses EBITDA as its primary management guide. Since an outside investor may base its evaluation of the Company’s performance based on the Company’s net loss not its cash flows, there is a limitation to the EBITDA measurement. EBITDA is not, and should not be considered, an alternative to net loss, loss from operations, or any other measure for determining operating performance of liquidity, as determined under accounting principals generally accepted in the United States (GAAP). The most directly comparable GAAP reference in the Company’s case is the removal of interest, depreciation, amortization, taxes and other non-cash expense.
About Telkonet
Telkonet’s unique broadband networking solutions currently support more than 1.5 million network users per month, with its energy management systems optimizing energy consumption in over 80,000 rooms. Telkonet’s technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet’s platforms are widely deployed on complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet’s innovations include the revolutionary Telkonet Series 5 and the Telkonet iWire System™, which convert a site’s existing internal electrical infrastructure into an IP network backbone – quickly, cost- effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy™ completes the line-up, delivering typical bottom line savings of 30% by controlling in-room energy consumption according to occupancy. For more information, please visit www.telkonet.com.
All company, brand or product names are registered trademarks or trademarks of their respective holders.
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).
Contact:
Telkonet, Inc.
Joe Noel, 240-912-1851
or
CEOcast
Michael Wachs, 212-732-4300
mwachs@ceocast.com
Source: Telkonet, Inc.
http://biz.yahoo.com/bw/080401/20080401006712.html?.v=1
Looks like I'm the freakin' April fool. Can't believe this POS has bounced near $1.00
Hey Shredder,
hope other things are going well..
Will be interesting to see what Pickett has in store tomorrow for news and CC diversions on April Fool's Day, after the market close.. They have never lived up to any yet but will see if April 1st has any significance for surprise or has implication to TKO shareholders being 'fools'..
GL2 all TKO shareholders...
Yep, in at 1.11, watched it bounce around for awhile and had several chances to just take my money back and walk away when the biach popped back near my entry point. Sold half at .81 to play something else and later had to have some emergency cash and dumped the rest at .60 right before it jumped. When it first stalled around a buck I should have bailed. OH WELL, POS!
Ouch we've been hearing this chit for 3years..I believe it when I see it..
enjoy your weekend!
Hey Lakingsphan,
how they shakin??
Reference below, FWIW!! Could be some of that funny chit, though..
New Contract! Load Up! 27-Mar-08 05:14 pm I'm hearing TKO has a major new contract with EDS/NMCI. Finally, we are going to see the revenues this company is able to generate with a modern and fully functional technology. I think the contract amount is about 25 million, though not certain of the time frame. I would like to thank Lateraline, Pizzrod, Major, and some of the other longtime faithful. I know the stock is sitting at 60c, but it should be just temorary. Look for news in the AM. Rating :
(No ratings)Rate it:
kingsgambit...
Ouch, what rumor?
funny chit shred...albeit I still own this chit I quit following TKO..tired of it...don't care what bs they put it out there I am still down big..
Shred,
you just bought back into TKO for a trade recently, didn't you??
Naughty boy..naughty boy, rumor of big news about to drop...
WELL WEll. I got tired of waiting on this STINKIN" POS and sold the last of my shares 2 days ago. Now that I'm out it will run to $1.50 I HATE TKO!!! SOB !!!!! AAAHHHHHH!!!!!
TELKONET INC COM (TKO: AMEX)
Technology : Communications Equipment
Last Price Today's Change Bid (Size) Ask (Size) Volume Trade
0.78 +0.175 (+28.93%) 0.7705 x200 0.78 x5,000 186,600
Telkonet (TKO)
TKO presented at the Greentech Investor Conference on March 20th, but the presentation focused on their SmartEnergy products. I think the 10K will have a lot of detail, but the company has not started regular earnings conference calls yet. Once I get through the 10K, I will call them for another update. They may do a call this time, though, especially if they also have some product news to share.
The current economy is good for TKO. Their SmartEnergy products have a very fast payback when energy costs are high, and all of their potential customers are looking for ways to get energy costs under control. The broadband over powerline products are the cheapest way to bring an older hotel or apartment building into the wired world, and those customers are looking for new features to compete in the marketplace, while keeping incremental costs as low as possible. TKO remains a Top Buy all the way up to $5 for my $15 target as they turn profitable.
Telkonet Offers Energy Conservation Using Wisconsin's Focus On Energy Incentive Program
Monday March 10, 9:00 am ET
Telkonet offers lease to own program to hoteliers to reduce hospitality industry's energy consumption and carbon footprint
GERMANTOWN, Md.--(BUSINESS WIRE)--Telkonet, Inc., (AMEX:TKO - News) the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, has created a groundbreaking energy efficiency program utilizing Wisconsin’s Focus on Energy Program Incentives to reduce energy consumption and carbon emissions within the state of Wisconsin. Focus on Energy is one of the country’s premier public benefits energy efficiency and renewable energy programs, which has already saved business customers more than $100 million annually. The Telkonet SmartEnergy advanced occupancy-driven in-room energy management solution provides hospitality industry customers with discounted energy management and energy efficiency products and installation under the program.
The program’s implementation is expected to yield significant energy cost savings for the state's hospitality industry, reducing power consumption by millions of kilowatt-hours per year. “Lodging facilities are under constant pressure to provide additional amenities to attract customers to lodge with them, from building new waterparks to operating large conference centers,” commented Matthew Matenaer, Energy Advisor with Focus on Energy. “However, when it comes down to it, over 40% of a hotel's energy costs result from heating and cooling guest rooms. It's an important cost control area that can be maintained by using guest room energy management controls. Focus on Energy recognizes Telkonet SmartEnergy products as a viable option to help our hotel customers achieve their goals of controlling energy usage in guest rooms.”
An advanced energy management system, Telkonet SmartEnergy (TSE) provides an economic, green approach to controlling HVAC usage and improving energy efficiency. It incorporates a patented technology – Recovery Time™ – that performs constant real-time calculations to adjust and maintain a room’s temperature based on occupancy. The installation of Telkonet SmartEnergy devices yields dramatic energy savings – often averaging 30% on heating and cooling costs.
“We welcome the opportunity that Focus on Energy incentives bring our business and our customers in that they offer energy-saving devices to the state's hospitality industry at a discounted rate. In many of our other hospitality-related installations, hotel and motel owners and operators are often averaging 30% savings on heating and cooling costs,” added Jeff Sobieski, Executive Vice President for Energy Management at Telkonet. “These savings, however, can be even more dramatic depending upon the extremes of the exterior temperature and humidity, the construction of the building, and age and type of the heating and air-conditioning ventilation systems. Focus on Energy makes available a credible third party validator that understands our core belief in providing products that not only improve bottom-line profit performance for industry, while delivering significant benefits to society as a whole. We are truly excited to be involved in the fast growing energy conservation movement and look forward to further developing our program with Focus on Energy and the business community in Wisconsin.”
About Telkonet SmartEnergy
Telkonet SmartEnergy (TSE) is an intelligent, occupancy-driven in-room energy management system that uses a combination of occupancy sensors, along with intelligent programmable thermostats or PTAC controllers to improve energy efficiency, ensuring rooms are never excessively hot or cold when an occupant returns to the room. Its patented Recovery Time™ technology takes into account a diverse range of factors to determine each room’s energy efficient temperature, restoring the temperature to the users’ desired comfort setting within minutes of returning to a room. TSE has been proven to deliver a rapid return on investment, typically achieving quantifiable savings of approximately 30% by eliminating the wasteful heating and cooling of unoccupied rooms.
About Focus on Energy
Focus on Energy works with eligible Wisconsin residents and businesses to install cost effective energy efficiency and renewable energy products. Focus information, resources and financial incentives help to implement project that otherwise would not get completed, or to complete projects sooner than scheduled. Its efforts help Wisconsin residents and businesses manage rising energy costs, promote in-state economic development, protect our environment and control the state’s growing demand for electricity and natural gas. For more information call (800) 762-7077 or visit www.focusonenergy.com.
About Telkonet, Inc
Telkonet specializes in advanced integrated solutions for broadband data networking and energy management, including its highly successful in-building powerline communications (PLC) technology. Headquartered in Germantown, Maryland, USA, Telkonet has over 140 employees and serves thousands of customers worldwide.
The company’s unique broadband networking solutions currently support more than a million network users per month, with its energy management systems optimizing energy consumption in over 60,000 rooms. Telkonet’s technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet’s platforms are widely deployed on the global stage – in single buildings and ships, in multi-building complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet’s innovations include the revolutionary Telkonet Series 5 and the Telkonet iWire System™, which converts a site’s existing internal electrical infrastructure into an IP network backbone – quickly, cost-effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy completes the line-up, often delivering bottom line savings of 30% by controlling in-room energy consumption according to occupancy. 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).
Contact:
Telkonet, Inc.
Joe Noel, 240.912.1851
or
Garrett Axford
Georgina Garrett/Simon Jones
1.866.940.9987
+44.1903.854900
mail@garrett-axford.co.uk
--------------------------------------------------------------------------------
Maybe so, I don't care much anymore. Just looking to trade it. Might hold some free shares if I make good decisions. Missed lots of chances by getting caught up in the story. Buy low ,sell high . Keepin' it simple from now on.
TKO is just lagging Shred...I tell you whatI am not impress with JT at all...I still think that TKO should of been better off if they hired a CEO who came from the outside...
This is good if it is just a straight up credit line at a set rate. I think we go back over $1 pretty soon. Around $.80 has been a good support level a couple of times.
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ABOUT TELKONET
Telkonet (AMEX: TKOI), founded in 1999 and headquartered in Germantown, Maryland, is a leading technology systems application developer of innovative powerline communications (PLC) solutions for the commercial and government markets, establishing a range of patented award-winning systems. Telkonet’s PLC solutions are marketed and sold by resellers throughout the United States, Canada, Europe and Latin America.
The Telkonet iWire System™ delivers wired and wireless broadband network access that is simple and cost-effective to deploy, with secure and reliable connectivity at every electrical outlet. The solution is ideal for any type of commercial building, regardless of the type, age of number of buildings. Telkonet’s leading-edge technology is deployed around the world.
COMPANY WEBSITE
http://www.telkonet.com/
Telkonet, Inc.
20374 Seneca Meadows Parkway
Germantown, MD 20876
Phone: 12409121800
Fax: 14108971144
Sector: Technology
Industry: Communications Equipment
Telkonet’s patented powerline communications (PLC) systems – the Telkonet iWire System and next generation 200 Mbps Telkonet Series 5 – use a building’s existing internal electrical wiring to enable Internet connectivity throughout an entire building, converting electrical outlets into high-speed data ports. This is an ideal solution for properties that are not wired with CAT-5 or where CAT-5 is cost-prohibitive.
The EthoStream Gateway Server (EGS) product line of gateway devices, which are developed in-house, deliver wired or wireless high-speed Internet access, integrating easily with any combination of WAN connections. The EGS products range from a cost-effective gateway for limited use applications to a feature-rich, dual-WAN, scalable gateway for full-service properties.
Telkonet’s energy management systems, Telkonet SmartEnergy (TSE) and Networked Telkonet SmartEnergy (NTSE), reduce in-room energy consumption by controlling heating, ventilation and air conditioning (HVAC) usage based on occupancy. By eliminating unnecessary heating and cooling of vacant rooms, TSE typically reduces energy consumption by 30% or greater.
Telkonet’s proactive support center brings quality of service to a new level with its dedicated, in-house employees, 24/7/365 support, and integrated proactive monitoring and management tools that put property management in control. By integrating the EthoStream Gateway Server and the web-based Telkonet CENTRAL, our in-house support team has real-time visibility into a property’s HSIA usage and data, as well as ISP status.
Telkonet SmartEnergy™ (TSE) controls HVAC usage and improves energy efficiency by adjusting and maintaining a room’s temperature based on occupancy, using a combination of occupancy sensors, intelligent programmable thermostats or packaged terminal air conditioner (PTAC) controllers. TSE eliminates wasteful heating and cooling of vacant rooms without compromising an occupant’s comfort based on our patented Recovery Time™ technology.
Building on the proven capabilities of the TSE system and incorporating Telkonet's unique Recovery Time™ technology, our new Networked Telkonet SmartEnergy (NTSE) advances intelligent HVAC building control with a flexible, resilient and low-cost energy management platform. NTSE utilizes a ZigBee wireless IEE802.15.4 “mesh” network, where each device functions as a wireless repeater and enables energy management thermostats to communicate with each other and aggregate communications up to a single master NTSE Gateway Server on site. NTSE enables central control without needing expensive back-haul wiring. Its key monitoring and analysis features ensure optimum energy savings, giving property owners the tools to identify and implement energy savings, providing total visibility and detailed data about a property's HVAC system and its energy consumption, together with real-time, instant remote management capabilities.
Key features and benefits of NTSE
Telkonet’s proprietary, patented powerline communications (PLC) products harness a building’s internal electrical wiring to form an IP network, turning power outlets into data ports, while leaving the electrical functionality unaffected. Telkonet’s PLC systems – the Telkonet iWire System and the 200 Mbps Telkonet Series 5 – represent a quick, economical, and non-disruptive way to achieve high-speed Internet connectivity throughout a building. Telkonet’s PLC systems offer the hard-wired security and reliability of a CAT-5 cabled network, but without the cost, physical disturbance and business disruption of wiring CAT-5. For properties looking to provide wireless coverage, Telkonet’s systems can be used to feed WiFi access points, which can be connected quickly and simply to any power outlet.
Series 5 Comparison “With 209 sites and limited numbers of IT technicians, we needed a reliable, plug-and-play system that was easy to install, maintain and operate. With Telkonet’s solution, we demonstrated that our own IT staff and contract electricians could install the system…”
Steve Custer, Supervisor CCTV/LAN Networking and A.V. Repair, Hillsborough County School District (SDHC)
Telkonet iWire System
The Telkonet iWire System is a robust networking platform that protects your investment by providing for today’s technologies and expanding for future technologies and applications, with many key benefits.
Low cost – Significantly less expensive than rewiring a building
Quick installation – Completed from hours to days, without construction or disruption
Secure – Data is encrypted and secure from outside intrusion
Hybrid – Delivers wired, wireless or a hybrid solution
Reliable – Patented PLC technology for continuous network connectivity
Scalable – Add users by adding more Telkonet iBridge units
Convenient – Network access at every electrical outlet in every room
Flexible – Supports any device or application using Internet Protocol
Robust – Remote monitoring and management
Compliant – FCC Part 15, UL60950 Listed, and CE approval
Plug-and-play – Easy to connect to the Internet without drivers or software
Applications supported by Telkonet’s PLC system include, but are not limited to: HSIA, local area networking, VoIP phones, video conferencing, closed circuit security surveillance, digital signage, substation monitoring and a host of other information services.
The Telkonet iWire System is used by a wide variety of customers, including:
PLC Product Components
Telkonet’s systems comprise a set of compact building blocks – the Telkonet Gateway, which connects via a router to the site’s external broadband feed, and a Telkonet Coupler that interfaces with a building’s electrical distribution panel. A further unit, the Telkonet eXtender™, can be connected to the Telkonet Coupler to provide additional reach for multi-building sites. To access the Internet, a user simply connects their laptop into a Telkonet iBridge unit.
Telkonet Gateway™ | The "brain" of the system, the Telkonet Gateway converts IP connections to a PLC signal and distributes PLC to the Telkonet Coupler. Through a web or CLI interface, the Telkonet Gateway allows management and configuration of the other Telkonet components. Each Telkonet Gateway supports up to 63 Telkonet eXtenders, 1,023 Telkonet iBridges (users) and up to 4,096 Ethernet endpoints. | |
Telkonet Couplers | The Telkonet Coupler takes the PLC signal from the Telkonet Gateway or Telkonet eXtender and injects that signal into the in-building electrical wiring. Installation of the Telkonet Coupler requires a licensed electrician to meet National Electric Code (NEC) and local electric code standards. Also comes in a model with integrated disconnect switch. | |
Telkonet eXtender™ | The Telkonet eXtender provides additional reach and scalability for networks that cannot be properly covered by a single Telkonet Gateway or multi-building environments. It can be used with wireless radio or wireline networks. | |
Telkonet iBridge™ | The Telkonet iBridge enables a user to connect a computer or IP device to the PLC network. It contains a "test" function to determine the PLC signal strength and has an RJ45 user port connection. |
Telkonet Series 5
Setting unprecedented performance levels for security, speed, QoS and capacity, the Telkonet Series 5 200 Mbps system takes PLC to a new level as a viable networking option for high performance, critical applications, including digital video surveillance, implementations in the utility substation environment, and harsh outdoor commercial installations. Telkonet Series 5 delivers a range of significant performance advances, including the following.
PLC Product Components
Telkonet’s systems comprise a set of compact building blocks – the Telkonet Gateway, which connects via a router to the site’s external broadband feed, and a Telkonet Coupler that interfaces with a building’s electrical distribution panel. A further unit, the Telkonet eXtender™, can be connected to the Telkonet Coupler to provide additional reach for multi-building sites. To access the Internet, a user simply connects their laptop into a Telkonet iBridge unit.
Telkonet Gateway™ – AG5 | The Telkonet Gateway is a remotely manageable network interface that converts Ethernet connections to a power line carrier signal and transmits the signal to the Telkonet Coupler. The Telkonet Gateway allows management and configuration of the Telkonet Series 5 via a web browser or Telnet command line interface. | |
Telkonet Couplers – MVC-200 and DPC-200 | The Telkonet Coupler is wired to the AC or DC low-voltage bus and connected to the Telkonet Gateway with a coaxial cable. The Telkonet Coupler takes the power line carrier signal from the Telkonet Gateway or Telkonet eXtender and injects the signal into the AC or DC electrical wiring. The Telkonet Coupler is also available with an integrated disconnect switch (coupler breaker). | |
Telkonet eXtender™ – AX5 | The Telkonet eXtender provides additional power line carrier signal reach and scalability for networks that cannot be covered by a single Telkonet Gateway. | |
Telkonet iBridge™ – AB5 | The Telkonet iBridge is wired to the AC or DC supply at each point requiring a communications interface. The Telkonet iBridge recovers the power line carrier signal and converts it back into an Ethernet or serial connection for the devices or applications. It contains a test function to determine the power line carrier signal strength. |
The EthoStream Gateway Server (EGS) product line of gateway devices deliver wired or wireless high-speed Internet access and a hybrid solution, integrating quickly and easily with any combination of WAN connections, including T1, DSL, cable modem, fiber and wireless connections. Our comprehensive range of turnkey, standards-compliant gateways meet the requirements of all major hospitality franchises and support a variety of applications, such as VoIP, printing from rooms, surveillance, and point-of-sale terminals.
We provide a complete line of related components, including wireless access points and bridges, Power-over-Ethernet devices, Ethernet switches, DSL equipment and digital video recorder (DVR) equipment, helping you to integrate all of the necessary products into a comprehensive solution.
EthoStream’s support center is directly integrated into the EthoStream Gateway Server and the web-based Telkonet CENTRAL, giving our dedicated, in-house support team and property management real-time visibility into a property’s HSIA usage and data, as well as ISP status. EthoStream leads the hospitality industry in providing innovative, standards-compliant customer solutions and support. Our proactive, responsive, knowledgeable customer support ensures guest satisfaction and retention.
EGS Product Comparison
The EthoStream Gateway Server line of gateway devices provides a simple all-in-one solution for Internet access within a commercial public-access network, while creating a productive work environment and end-user satisfaction.
“This (EthoStream’s Remote Management Console) is an invaluable tool, enabling us to access and monitor all our properties and Internet users from a single location. It is exactly this sort of innovation that puts EthoStream on a different level to other vendors, and is behind our selection of its technology as our preferred option”.
Jeff Henschel, Assistant VP of Technology, Destination Hotels & Resorts
EthoStream Gateway Servers are providing HSIA to more than 2,400 properties, servicing more than 1.9 million users per month, including:
Chairman of the Board
Warren V. "Pete" Musser, 81, has served as Telkonet's chairman of the board since January 2003. Mr. Musser has taken more than 50 companies public during his distinguished and successful career as an entrepreneur. He is currently the managing director of The Musser Group and chairman emeritus of Safeguard Scientifics, Inc. Mr. Musser's distinguished affiliations also included: director of CompuCom Systems, Inc., director of Internet Capital Group, Inc., vice chairman and director of Nutri/System, Inc., vice chairman and director of the Eastern Technology Council, chairman and director of Economics PA, and vice president of development at Cradle of Liberty Council, Boy Scouts of America. Mr. Musser received a BS degree in Industrial Engineering from Lehigh University.
President & Chief Executive Officer
Jason Tienor, 33, is the president and chief executive officer of Telkonet. As the former president and CEO of EthoStream, Mr. Tienor co-founded and grew the HSIA vendor to become one of the largest high-speed Internet providers to the hospitality industry in the nation. Prior to EthoStream, in 2000, Mr. Tienor was co-founder of a Milwaukee-based IT consulting firm. Mr. Tienor received a BBA in MIS and Marketing from the University of Wisconsin – Oshkosh and an MBA with an emphasis on Computer Science from Marquette University.
Chief Financial Officer
Rick Leimbach, 39, is the chief financial officer for Telkonet. Mr. Leimbach joined Telkonet in January 2004, and was appointed as vice president of finance in 2006, and then CFO in December 2007. Prior to Telkonet, from 2001 to 2004, he was the financial controller at UltraBridge, an applications solution provider, headquartered in Maryland. Mr. Leimbach joined the company at the start-up stage, tasked with building up the financial organization. From 1998 to 2001, Mr. Leimbach was corporate accounting manager at Snyder Communications, Inc. – a global organization focusing on design, development and implementation of value-added outsourced marketing services. Rick was involved with consolidating the group's extensive operations and working with the SEC. Mr. Leimbach held various positions within public accounting firms, including the Reznick Group and Wolpoff and Company in Maryland from 1991 to 1998. He holds a degree in Accounting from Towson University, Maryland.
Chief Operating Officer
Jeff Sobieski, 32, is the chief operating officer for Telkonet. From December 2007 to June 2008, Mr. Sobieski served as Telkonet’s executive vice president, energy management. Mr. Sobieski joined Telkonet in March 2007, following the acquisition of EthoStream, where he was CIO. As the former CIO of EthoStream, Mr. Sobieski co-founded and grew the HSIA vendor to become one of the largest high-speed Internet providers to the hospitality industry in the nation. Prior to EthoStream, in 2000, Mr. Sobieski was cofounder of Interactive SolutionZ, a Milwaukee-based IT consulting firm, and from this gained experience in the telecommunications and insurance industries. From 1998 to 2000, he was involved in consulting and system development projects, including the project lead on developing a new software package for GE Medical, and software tools development for North Western Mutual Insurance. Mr. Sobieski received a BS degree in Computer Science from the University of Wisconsin-Oshkosh and his MBA from Marquette University.
Vice President of Global Sales
Jeremy Griesbach, 34, is the vice president of global sales for Telkonet, joining the company in October 2007. Prior to Telkonet, from 2001 to 2007, Mr. Griesbach was the director of business development for a Midwest regional accounting firm, Virchow Krause, focusing on building the tax services group that specialized in state and local use tax, tax credit and incentives. From 1999 to 2001, Mr. Griesbach was business development manager for Metavante, a financial services and software support company. He holds a BS degree in Marketing from Upper Iowa State University.
Vice President of Hospitality Operations
Matt Koch, 31, is vice president of operations for Telkonet. Mr. Koch joined Telkonet in March 2007, following the acquisition of EthoStream, where he was a systems engineer from 2004 to 2007. Prior to EthoStream, from 1998 to 2000 and from 2001 to 2004, Mr. Koch was a system administrator for Geneva OnLine, a regional Internet service provider specializing in wireless broadband Internet access, managing system administration and integration for web hosting, billing systems, and workflow automation. In 2000, Mr. Koch was a system and network administrator consultant in the Silicon Valley for various companies, including Sun Microsystems, Uptilt, and SalesCenter.com, a web-based sales team automation system. He received a BS degree in Business Administration in Management Computer Systems from University of Wisconsin Whitewater.
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SHARES as of June 30,2007 per Q2
OUTSTANDING SHARES: 66,806,986 million
RESTRICTED SHARES: 56,932,926 million
FLOATS: 58,310,000 million
SHARES OWN BY INSTITUTIONAL:10.45%
HOLDERS AS OF 03/14/07////AS OF 9/1-07
Institutions 40 Holders 38 HOLDERS
Mutual Funds 21 Holders 19 HOLDERS
Other Major Holders 48 Holders
STOCKCHART
[chart]stockcharts.com/c-sc/sc?s=TKOI&p=D&yr=0&mn=6&dy=0&i=p03399193280&r=9301[/chart]
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