Telkonet Named in Top 25 in Deloitte’s 2008 Nationwide Technology Fast 500 Program

Telkonet, Inc., the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, has been named as one of the country’s top 500 fastest growing organizations, achieving 23rd place in the Deloitte Technology Fast 500, an annual listing of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Telkonet’s ranking is based on the company’s percentage revenue growth over five years (2003-2007), reflecting its consistent performance and technology leadership in energy management and broadband networking solutions.

President and CEO Jason Tienor highlighted Telkonet’s remarkable progress, “Over the past five years, we have made a significant transition as a company. We have added an important business strand to augment our traditional roots as a powerline communications technology innovator, and are now firmly positioned as a leading provider of green energy management solutions. We are helping customers from a wide range of sectors – including hospitality, education and government – achieve tangible energy savings and meet their targets for green initiatives.” Jason Tienor attributes this to Telkonet’s unique combination of broadband networking expertise and advanced energy management systems, providing a high performance, fast deployment platform with a rapid payback cycle. He added, “Winning 23rd place in the Deloitte Fast 500 is an incredible achievement and it is an honor to be singled out for this award. We are building on this recent growth by expanding our penetration into new markets, while maintaining our focus on green and clean technology innovation.”

Telkonet holds an acknowledged leadership position as a complete managed services provider, offering integrated solutions across energy management, high speed Internet access (HSIA), and powerline communications (PLC). Telkonet’s unique solution set is based on a Software as a Service (SaaS) model, providing remote monitoring, management and customer reporting on top of an integrated technology platform.