Scottsdale 4/19/2012 3:40:00 AM
News / Finance

Five-Star Hotel in Dubai Selects Telkonet (TKOI) Technology to Reduce Energy Waste while Maintaining Luxury Services

QualityStocks would like to highlight Telkonet (OTC BB: TKOI), a leading United States-based energy management technology provider. The company offers hardware, software, and services to commercial customers worldwide.  The EcoSmart suite of products, along with the EcoCentral management platform, can reduce energy consumption, HVAC runtime and utility costs in most building environments. Telkonet's energy management products have the power to minimize carbon footprints and help eliminate the need for the construction of new power plants.

In the company’s news yesterday,

Telkonet Inc. announced that the Kempinski Hotel Mall of the Emirates in Dubai has chosen to utilize Telkonet’s cloud-based EcoSmart energy management platform for its 17-story, 506,000-square-foot five-star hotel.

The Kempinski Hotel Mall is attached to one of the biggest shopping malls in the world, as well as to the United Arab Emirates’ (UAE) first indoor ski slope.

The Kempinski Hotel Mall selected the EcoSmart energy management technology as a means to reduce energy usage while maintaining maximum guest comfort standards. The decision reflects the hotel’s current strategy to implement “green” initiatives.

“Kempinski Hotel Mall of the Emirates has been implementing a rigorous environmental strategy since 2008 with a view to becoming Dubai’s leading light in environmentally sound hotel operations. We have won a number of awards that reinforce our stance on greener methods and systems. Deployment of the EcoSmart system is another step in our efforts to marry luxury with eco-friendliness within our operations, and we look forward to the completion of the implementation phase,” Alejandro Bernabe, the hotel’s general manager stated in the press release.

Jayakumar Pillai, director of technical services at Kempinski Hotel Mall, said that before making its choice, the hotel evaluated several energy management solutions that would reduce waste energy without compromising guest experience.

“We found that the Recovery Time technology employed in the EcoSmart system with its automated dynamic setback added to ease of installation in a retrofit scenario, the savings it can bring to engineering costs, and many other great features more than exceeded our initial requirements,” Pillai stated.

Telkonet will operate through its Middle East-based partner and energy management solution provider Varis Energy, which will deliver the energy management solution.

“As a new channel partner, we have a great working relationship with Varis Energy and are delighted with their abilities and to support them with this great win. We look forward to many more in their region,” said Jason Tienor, CEO of Telkonet.

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