Choice Hotels International Extends Agreement with Telkonet to Offer Free High-Speed Internet Access at Clarion Hotels and Comfort Suites.Business Editors/High-Tech Writers ANNAPOLIS, Md.--(BUSINESS WIRE)--Feb. 26, 2004 Choice Hotels International, Inc. (NYSE NYSE See: New York Stock Exchange :CHH CHH Cartilage Hair Hypoplasia CHH Crustacean Hyperglycemic Hormone CHH Carter Holt Harvey Limited (Australia & New Zealand) CHH Chuan Hup Holdings Limited (Singapore) CHH Certified Hardware Hosineer ) and Telkonet, Inc. (Amex:TKO) the leader in Commercial Powerline Communications (PLC) bridging the "Outlet to the Internet," have entered into the second year of their endorsed vendor agreement under which Telkonet offers corporate-class high-speed Internet See broadband. access to Choice Hotels' franchisees. Since September 2003, franchisees in over 35 states have already opted to install Telkonet's PlugPlus(TM) high-speed Internet system. As Choice Hotels International moves to include free high-speed Internet access for hotel guests as a standard for the Clarion A family of application development systems for Windows from SoftVelocity, Inc., Pompano Beach, FL (www.softvelocity.com). Clarion provides a comprehensive set of tools for development, including a screen builder, 4GL and application generator. and Comfort Suites brands by June 2004, Telkonet is expected to play a major role in providing Choice's franchisees with their affordable and fully compliant PlugPlus(TM) total Internet solutions. Telkonet's PlugPlus(TM) system lets hotel guests enjoy free, high-speed Internet access from virtually every electrical outlet throughout a building. The Telkonet PlugPlus(TM) Powerline Internet Access See how to access the Internet. System includes: broadband high-speed Internet service (providing connectivity in every guest room), complete installation of the PlugPlus system without disruption to the hotel's business or hotel guests, 24/7/365 toll-free customer service and support, system maintenance, software updates, training, on-line support and hotel marketing materials. "Telkonet's total broadband solution offers the price/performance our franchisees need to cost-effectively deliver highly desirable service to their guests," said Dan Rothfield, senior vice president, partner services, for Choice Hotels. "As free, high-speed Internet access becomes a brand standard at all Clarion and Comfort Suites hotels in June 2004, we are pleased to offer our franchisees the Telkonet solution and its superior performance, ease-of-installation and affordability." Ronald Pickett, President of Telkonet, Inc. stated, "Telkonet is pleased to be broadening and deepening its alliance with Choice Hotels to deliver truly exceptional high-speed Internet solutions that grow as franchisees' businesses grow. We are seeing great interest in our solution from the Choice franchisee network nationwide and look forward to expanding our hotel customer base and service offering in 2004 and beyond." Mr. Harish Patel, President of Universal Hospitality, Inc., said, "With several properties located in non-urban areas of Oklahoma and Texas, the challenge of finding a powerful cost effective solution to offer in-room high-speed Internet access preoccupied me for some time. Each new Internet See Web 2.0 and Internet2. option that came to my attention either solved only part of the problem or made very little business sense. By selecting Telkonet's complete solution, I was able to keep my rooms open for business during the clean and efficient installation while in no time at all I was able to offer my guests fast, reliable in-room Internet access. I am very pleased with the solid performance of the Telkonet HSIA Hsia (shēä), semilegendary first dynasty of China, which ruled, according to traditional dates, from c.2205 B.C. to c.1766 B.C. or, according to some modern scholars, from c.1994 B.C. to c.1523 B.C. system at all of my properties." Telkonet PlugPlus(TM) products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets where the Telkonet system can, in many cases, be implemented more quickly and less expensively than adding dedicated wiring or installing a wireless system. Hotel guests will be able to check email, exchange files and browse the Web at speeds up to nearly 250 times faster than dial-up connections. There are no drivers or additional software to install, and computer laptop settings do not need to be changed. Users can access the Internet from virtually every power outlet in every guest room by simply plugging Telkonet's iBridge into a power outlet and into their computer. Encrypted data ensures data transmission is secure and safe. Unlike other communication options, transmission is secure from outside intrusion, since Telkonet's PlugPlus products are in effect "hard-wired" by using existing electrical wiring Electrical wiring in general refers to insulated conductors used to carry electricity, and associated devices. This article describes general aspects of electrical wiring as used to provide power in buildings and structures, commonly referred to as building wiring. . Patent-pending iBridge-to-Gateway architecture ensures that no user can see other users on the network. About Choice Hotels Choice Hotels International is one of the world's largest lodging franchisors, marketing more than 5,000 hotels open or under development in 42 countries and territories under the Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, MainStay Suites Mainstay Suites is a brand of mid-priced extended stay hotels franchised by Choice Hotels International. Mainstay Suites hotels provide comfortable and affordable accommodations to extended stay travelers as well as provide many amenities to its guests. , Econo Lodge Econo Lodge is an economy motel chain based in the United States. Econo Lodge is the second largest brand in the Choice Hotels system. It is one of the best known names of its category and provides affordable rooms to budget travelers. and Rodeway Inn Rodeway Inn is an upper-priced economy chain of motels in the United States and Canada. Rodeway Inn is a brand of the Choice Hotels group. There are over 150 locations in North America. brand names. For more information on Choice Hotels, visit the company's web site at www.choicehotels.com. About Telkonet The Telkonet PlugPlus(TM) family of networking and internetworking products offers a viable and cost-effective alternative to the challenges of hardwired and wireless local area networks (LANs) due to the fact that 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. Patent-Pending technology delivers reliable, consistent data transmission regardless of the building's age or size. Telkonet's proprietary technology, incorporating advanced algorithms, delivers a robust, commercial solution that provides reliable and consistent network performance. Telkonet's PlugPlus products are designed for use in commercial environments, effectively eliminating the potential problems of electrical line noise, electrical load If an electric circuit has a well-defined output terminal, the circuit connected to this terminal (or its input impedance) is the load. (The term 'load' may also refer to the power consumed by a circuit; that topic is not discussed here. imbalances, and unpredictable attenuation Loss of signal power in a transmission. Attenuation The reduction in level of a transmitted quantity as a function of a parameter, usually distance. It is applied mainly to acoustic or electromagnetic waves and is expressed as the ratio of power densities. and transformer transformer, electrical device used to transfer an alternating current or voltage from one electric circuit to another by means of electromagnetic induction. interference. By overcoming challenges that could interfere with data signals, network performance is stable and reliable. For more information, visit www.telkonet.com. Statements included in this release may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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). |
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