June 8, 2016 - 11:41 AM EDT
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EcoSmart by Telkonet Helps Action Hotels Group Improve Performance of Sustainability Initiatives

Varis Energy Secures First Installation in the Kingdom of Bahrain

WAUKESHA, WI / ACCESSWIRE / June 8, 2016 / Telkonet, Inc., (OTCQB: TKOI) creator of the EcoSmart platform of intelligent room automation solutions supporting the emerging Internet of Things (IoT), has completed its installation of the EcoSmart platform in the 304-room Ibis Al Seef in the Kingdom of Bahrain in an effort to increase sustainability efforts and drive performance. Varis Energy, the distributor of Telkonet products in the United Arab Emirates, coordinated the sale and installation.

"We strive to operate our hotels as efficiently as possible across our portfolio. This includes identifying areas where we can cut costs, whilst saving on energy consumption. Our investment in EcoSmart at Ibis Seef is expected to drive significant operational efficiencies, as well as underpinning our contribution to environmental responsibility and corporate social responsibility," said Alain Debare, CEO, Action Hotels.

The EcoSmart platform is tracking a reduced average cooling system runtime in excess of 30 percent across the 304 guestrooms. The resulting savings are anticipated to increase dramatically over the coming summer months. This energy efficiency is being achieved through EcoSmart's occupancy-based intelligent thermostats, which wirelessly connect to the EcoCentral cloud analytics engine to provide real-time data and analysis to the hotel's management team.

"We're proud to be a Preferred provider of our EcoSmart Intelligent Automation platform to Action Hotels," said Jason Tienor, CEO, Telkonet. "This installation is a testament that the EcoSmart platform can provide benefits across the globe in achieving a more efficient and cost effective energy management plan."

Varis Energy, located in Dubai, United Arab Emirates, has been providing EcoSmart by Telkonet products in the Middle East since 2001. They work directly with large-scale commercial properties to determine the best-fit energy management solution.

About Telkonet

Telkonet, Inc. (OTCQB: TKOI) provides innovative intelligent automation platforms at the forefront of the Internet of Things (IoT) space. Helping commercial audiences better manage operational costs, the company offers two product lines: EcoSmart and EthoStream. The EcoSmart Intelligent Automation platform is supported by a full-suite of IoT-connected devices that provide in-depth energy usage information and analysis, allowing building operators to reduce energy expenses. EthoStream is one of the largest hospitality high-speed internet access networks in the world, providing public internet access to more than 100 million annual users. Vertical markets that benefit from Telkonet products include hospitality, education, military, government, healthcare and multiple dwelling housing. Telkonet was founded in 1977 and is based in Waukesha, Wis. For more information, visit www.telkonet.com.

About Action Hotels

Action Hotels (AHCG.L) is a leading owner, developer and asset manager of branded three- and four-star hotels in the Middle East and Australia.

Established in 2005, AHC currently operates 11 hotels with a strong development pipeline, which will see its portfolio increase to 17 hotels providing a total of more than 2,880 rooms by 2017.

About Varis Energy

Based in Dubai, United Arab Emirates, Varis Energy provides innovative wireless, wired and hybrid solutions for both retrofit and new build hospitality applications. By taking advantage of modern wireless technologies such as ZigBee, Varis delivers optimum energy efficiency solutions without the need for expensive cabling infrastructure. For more information, visit www.varisenergy.com.

MEDIA CONTACTS:

Telkonet Investor Relations
414.721.7988
[email protected]

SOURCE: Telkonet, Inc.


Source: ACCESSWIRE (June 8, 2016 - 11:41 AM EDT)

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