OMNI...this is the TLKO news out today...whats a good entry?
Telkonet Patents 'Power Line Telephony Exchange'
WEDNESDAY, JANUARY 14, 2004 09:29 AM
ANNAPOLIS, Md., Jan 14, 2004 (BUSINESS WIRE) -- U.S. Patent and Trademark Office Awards Telkonet PLC / Voice-Over-Internet-Protocol (VOIP) Patent
Telkonet, Inc. (OTCBB:TLKO.OB), the Leader in Commercial Powerline Communications (PLC), delivering high-speed Internet access over existing electrical wiring using their patent pending (PLC) technology, was notified by the United States Patent and Trademark Office of the grant of a U.S. Patent entitled "Power Line Telephony Exchange" dated December 23, 2003 and numbered U.S. 6,668,058-B2.
The patent's principal objective is to provide hardwired voice and digital data communication to consumers, utilizing the existing electrical power lines of the premises as physical linkage for internally distributing both voice and digital services throughout the premises for such consumer subscribers using Internet protocol and Power Line Carrier (PLC) protocol. This is a very comprehensive system invention patent that utilizes PLC technology in conjunction with a voice mode of communication called Voice-Over-Internet-Protocol (VOIP).
A primary feature of the invention made possible by the Telkonet technology is the ability to transmit high-speed digital data over power line copper to various subscriber sets with the data having very high fidelity and imperceptible delays in transmission. The invention incorporates the essential PLC driver hardware systems produced by Telkonet as well as other associated equipment available in the market for communication systems. The invention is a full telephony exchange making use of both high-speed data lines and powerlines.
David Grimes, Founder and Acting Chief Technical Officer stated, "I am very proud and gratified to see the grant of this patent as it represents a major technological achievement by our talented engineering team who dedicated a significant portion of their early research and development efforts on the utilization of VOIP technology and it's commercial applications."
Ronald W. Pickett, President stated, "The grant of this patent is very timely especially in light of the market's recent interest in VOIP technology for developing Internet phones that eliminate long distance calling charges. Although Telkonet's has been focused on gaining sales traction in the hospitality and MDU markets by deploying high-speed Internet access solutions in hotels and apartments, the Company has never abandoned its original technology breakthrough of distributing voice services via VOIP over the existing electrical powerlines. Telkonet fully intends to apply their breakthrough PLC technology to VOIP phone systems and to exploit the opportunity to fill the needs of consumers in North America and abroad who are now obviously looking for products utilizing this technology."
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(TM) 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's PlugPlus(TM) products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets.
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.
CONTACT: Telkonet, Inc.
Stephen Sadle, 410-897-5900
ssadle@telkonet.com
or
Investors Stock Daily, Inc.
Jody Janson, 585-232-5440
jody@istockdaily.com
or
CEOcast, Inc.
Ken Sgro, 212-732-4300
kensgro@ceocast.com
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Copyright (C) 2004 Business Wire. All rights reserved.
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KEYWORD: MARYLAND
INDUSTRY KEYWORD: GOVERNMENT
TELECOMMUNICATIONS
NETWORKING
E-COMMERCE
INTERNET
PRODUCT
AI
