Telkonet's High-Speed Internet Access Platform Selected by WorldMark by Wyndham for All Timeshare Properties in the US and Canada.National Roll-out of 50 Properties for Wyndham Vacation Ownership, the World's Largest Vacation Ownership Company GERMANTOWN, Md. -- Telkonet, Inc. (Amex:TKO), the leader in providing in-building broadband access See broadband and wireless broadband. over 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. , today announced that it has received a contract to provide high-speed Internet See broadband. access to all self-managed WorldMark by Wyndham timeshare properties, a total of 50 additional properties, totaling over 4,000 rooms. WorldMark by Wyndham is a subsidiary of Wyndham Vacation Ownership, the world's largest vacation ownership company. The full-scale deployment decision was made after a successful trial of the Telkonet iWire System([TM]) at six WorldMark properties last year. Telkonet's system proved to be a reliable, hands-off solution, meeting WorldMark's key performance criteria. Telkonet's system can also support future applications that WorldMark may require, such as voice over Internet protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (VoIP), energy management and video on demand (VoD). Six WorldMark properties are currently using the Telkonet iWire System to deliver high-speed Internet access, with convenient wired Internet access See how to access the Internet. at any electrical outlet in the rooms, and wireless access at the pool and lobby areas. In addition to supporting broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a , Telkonet's powerful platform is supporting billing capabilities. The user web-interface provided by Telkonet enables a number of services developed by Goodwell Technologies to maximize the owner experience while traveling. Over the course of the trial period, WorldMark's management was impressed by the take rate generated by providing high-speed Internet access to its owners, especially since the service offering was not yet proactively marketed to its owners. They were also pleased that users found Telkonet's system to be simple and straightforward to get on-line, without needing any technical support from timeshare management. Steve Townsend, WorldMark's Director of Resort Services, commented, "We are extremely happy with our choice of Telkonet for the whole system. Our tests-to-date have shown the system to be the most trouble-free, dependable system that I have worked with. We have enjoyed working with the Telkonet team and we are looking forward to the roll-out." About Wyndham Vacation Ownership Wyndham Vacation Ownership is the world's largest vacation ownership business, as measured by the number of vacation ownership resorts, vacation ownership units and vacation ownership interests. Wyndham Vacation Ownership includes marketing and sales of vacation ownership interests, consumer financing in conjunction with the purchase of vacation ownership interests, property management services to property owners' associations, and development and acquisition of vacation ownership resorts. Through its three primary consumer brands, Wyndham Vacation Resorts, WorldMark by Wyndham and Trendwest South Pacific, Wyndham Vacation Ownership has developed or acquired over 140 vacation ownership resorts throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and the South Pacific that represent more than 18,000 individual ownership units and more than 750,000 owners of vacation ownership and other real estate interests. Wyndham Vacation Ownership is headquartered in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. , and is supported by more than 14,000 employees globally. For more information about Wyndham Worldwide Wyndham Worldwide (NYSE: WYN) is the holding company for Wyndham Hotels & Resorts and other lodging brands. It was spun off from Cendant Corporation in July 2006. Hotel franchises
About Goodwell Technologies Goodwell Technologies is a leading developer and operator of next-generation, Internet-based customer service and revenue enhancement revenue enhancement An increase in revenues, especially by way of increased taxes. Revenue enhancement includes reducing taxpayer deductions and eliminating tax credits. networks for WorldMark by Wyndham and other leading companies in the global travel, real estate, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and healthcare markets. Goodwell's patent-pending TrueVisit([TM]) System extends the core brand of its customers by integrating the products and services of affiliated partners - making it easy to earn new revenues with minimal cost. About Telkonet Telkonet develops and markets technology for the transmission of high-speed voice, video and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. over the existing electrical wiring within a building. The revolutionary Telkonet iWire System([TM]) utilizes proven powerline communications (PLC) technology, which enables the delivery of commercial high-speed broadband access from an IP "platform" that is easy to deploy, reliable and cost-effective by leveraging a buildings existing electrical infrastructure. The building's existing electrical wiring becomes the backbone of the local area network, which converts virtually every electrical outlet into a high-speed data port, without the costly installation of additional wiring or major disruption of business activity. The Telkonet iWire System can be installed rapidly and offers a viable and cost-effective alternative to the challenges of hardwiring and wireless local area networks (LANs). Telkonet's products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets. Applications supported by the Telkonet "platform" include but are not limited to: VoIP telephones, Internet connectivity, local area networking, video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , closed circuit security surveillance and a host of other information services See Information Systems. . For more information, please visit www.telkonet.com. Statements included in this release may constitute forward-looking statements 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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