Completed First Deployment of Combined Broadband
Internet Solution
For Immediate Release:
Germantown,
MD, October 6, 2004, Telkonet, Inc. (Amex: TKO), the leader in commercial
powerline communications (PLC) and the Company bridging the “Outlet to the Net,” announced today its newly formed partnership with
RapidDSL & Wireless, an independently-owned, next-generation Internet
service provider (ISP) serving the Maryland, Virginia and DC markets. RapidDSL
uses fixed wireless broadband to provide Internet service to multidwelling/
multitenant (MDU/MTU) buildings, while Telkonet uses the buildings’ existing
electrical wiring to deliver broadband Internet access inside the buildings
using powerline communications (PLC) technology. This complete broadband
Internet package enables property owners and managers to offer a reliable,
cost-effective Internet solution to their residents, helping to ensure resident
attraction, satisfaction and retention.
RapidDSL and Telkonet completed the first installation
with their combined Internet solution at The Lafayette, a garden-style
condominium complex in Falls Church, Virginia. The condominium consists of 8
buildings, 6 stories each, with 400 units in total. RapidDSL installed radio
antennas on the roof of each of the eight multitenant buildings, pointed the
antennas to a neighboring cell site, where a wireless link connects them to the
Internet. Then, within three days with a single man crew, the Telkonet PlugPlus™
system was installed, distributing broadband Internet access within the
buildings, using the electrical grid already in place, enabling Internet access
at every electrical outlet in all of the 400 units.
Tom DeReggi, President of RapidDSL, explains, “The
major challenge that we faced was that the condominium buildings consisted of
thick concrete walls and floors, with steel plate reinforcements. Because of
this, finding paths to run new cable to each condominium would have been nearly
impossible, adding significant cost, being overly cumbersome, not to mention disruptive
to residents with the noise from the drilling.”
Tom DeReggi continues, “Wireless technology could not successfully
penetrate the exterior walls, interior walls, or floors, and where it could penetrate,
the concrete would cause severe reflections and interference, degrading
performance. In addition, it would not have been cost-efficient to deploy wireless
based on the number of Wireless Access Points (WAPs) that would have been
required.”
“Telkonet’s PLC technology perfectly compliments our
wireless technology. It addresses all the major needs that are necessary to
successfully distribute Internet service through a residential multitenant
building. By using the combination of wireless (outdoors) connecting the
buildings and Telkonet (indoors) within the buildings, we are able to deliver a
value proposition unmatched by any other technology,” concluded Tom DeReggi.
About RapidDSL
& Wireless
RapidDSL, Inc. is an
independently-owned, next-generation Internet service provider (ISP) serving the Maryland, Virginia and DC
markets. RapidDSL delivers fixed wireless broadband to neighborhood businesses
and residential complexes by installing radio antennas on the roofs of tall tenant buildings, interconnecting major cities and communities.
The company’s telco-free operation allows for quicker installations, lower
costs, and higher performance, aggregating data direct to the source, bypassing
congestion points usually associated with telco-based Internet providers. Information
can be found at www.rapiddsl.net.
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.
Contacts:
Investors Stock Daily, Inc. CEOcast, Inc. Berkman Associates
Jody Janson Ken Sgro John Hicks
585-232-5440 212-732-4300 310-277-5162
jody@istockdaily.com kensgro@ceocast.com
info@berkmanassociates.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).