SAN DIEGO, May 23, 2003 (PRIMEZONE) -- Telkonet, Inc. (OTCBB:TLKO), The Leader in Commercial Powerline Communications, announced today that Ronald W. Pickett, President of Telkonet, has been recently featured in an interview by SmallCapVoice.com to update significant progress since the initial interview dated March 6, 2003. The interview covers all of the latest news for Telkonet, Inc., and features the updated information in regards to the recently announced strategic alliance agreement with Choice Hotels International (NYSE:CHH). The updated Web cast is online at http://64.176.182.15/tlko/tlko_5_21_03.html. (Both of Telkonet's Webcast can be found at http://64.176.182.15/tlko/tlko.html).
Telkonet also recently announced the kick off of a Multi-Dwelling Unit (MDU) Field Trial with Noment Networks on April 7th, 2003. Telkonet is an innovative creator of unique Powerline Communications (PLC) solutions for the commercial and industrial markets, which utilizes their patent-pending technology. Telkonet invents new methods for delivering high-speed Internet access over the standard electrical lines already installed in buildings.
The "PlugPlusInternet" solution set is comprised of two products, the "PlugPlusInternet" Gateway and the "PlugPlusInternet" Modem designed to meet the commercial needs of hotels, office buildings, schools, shopping malls, and multi-dwelling residential markets.
The Telkonet "PlugPlusInternet" family of commercial products provides excellent connectivity over the existing electrical wiring and does not require the costly installation of additional wiring, or major disruption of business activity. In many situations the "PlugPlusInternet" system can be implemented more quickly and less expensively than adding dedicated wiring or installing a wireless system offering a viable and cost effective alternative to the challenges of hardwiring and wireless LANs.
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).