TKOI News Telkonet, Inc. Executes Master Purcha
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TKOI News
Telkonet, Inc. Executes Master Purchase Agreement with Motel 6
2012-09-13 08:30 ET - News Release
Motel 6 and Studio 6 Properties Prefer EcoSmart Energy Management
MILWAUKEE , Sept.13, 2012 /PRNewswire/ -- Telkonet, Inc. (OTC BB: TKOI), developer of the revolutionary EcoSmart energy management platform featuring Recovery Time™ technology, announced that the company signed a Master Purchase Agreement approving EcoSmart for installation in corporate-owned Motel 6 and Studio 6 locations across the United States and Canada .
(Logo: http://photos.prnewswire.com/prnh/20111011/NY83909LOGO )
"After a series of trial installations and competitive product comparisons, we arrived at the decision to use EcoSmart to significantly reduce HVAC energy consumption without affecting the guest experience," said Renee Swoger , director of energy & capital administration, Motel 6/Studio 6.
The Master Agreement will initiate a multi-year rollout to approximately 600 Motel 6 & Studio 6 locations in North America . To date, Telkonet has installed its EcoSmart technology throughout seven Motel 6 and Studio 6 properties including Motel 6 locations in Hartford / Southington, Conn. ; Hartford / Windsor Locks, Conn. ; New London / Niantic, Conn. ; Lewisville, Texas ; Northlake/Speedway, Texas ; and Studio 6 locations in Greensboro, N.C. and Kissimmee, Fla.
Telkonet will perform turnkey installations at the Motel 6 and Studio 6 properties, providing the EcoWave wireless thermostat package and necessary networking equipment as energy management upgrades are scheduled.
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