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Telkonet Receives First Order From Noment Networks; 
Delivers High-Speed Internet Access to Luxury
High-Rise Apartment
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Annapolis, Md. - October 9, 2003 � Telkonet, Inc. (OTCBB: TLKO.OB), the leader in delivering high-speed Internet access over electrical wiring, today announced it has received its first purchase order from Noment Networks, a communication services provider to the residential Multiple Dwelling Unit (MDU) market. With its PlugPlusInternet � system, Telkonet will be providing high-speed Internet connectivity over the standard electrical wiring already installed in a new apartment complex nearing completion, by the Bozzuto Group the Whitney at Bethesda Theater, in Bethesda, Maryland.

Eric Fichtner, President of Noment Networks, stated, �Noment Networks focuses its efforts on delivering quality services to the multi-dwelling unit market with a special emphasis on customizing solutions to the specific needs and wants of our clientele. This type of solution for property owners and their residents has definitely attracted attention. By being able to route Internet service over the electrical wiring with Telkonet�s PlugPlusInternet system, we are providing a new way to deliver high-speed Internet access. Our trials with Telkonet to-date have been promising, and our client, the Bozzuto Group, is very interested in offering this new type of delivery for their flagship new property. Certainly, since there is minimal rewiring and a relatively simple installation by using electrical wiring already in place at this property, the Telkonet product has the potential to allow Noment increased flexibility in offering its suite of services to the resident.�

Ronald W. Pickett, President of Telkonet, said, �We are pleased to be working with Noment Networks to install our PlugPlusInternet system in this luxury, urban high-rise apartment. Residents want to be able to work from their homes, just like they work in their offices, quickly accessing e-mails, downloading files and surfing the Internet. With our system, they have maximum flexibility and convenience, being able to e-mail and surf the Internet from anywhere there�s an electrical outlet.�

About Noment Networks
Noment Networks, LLC, headquartered in Marietta, Georgia, is a second-generation, premise-based communication services provider to the residential Multiple Dwelling Unit (MDU) market. Nationally focused on communities located throughout the continental United States, Noment currently provides services to 20,000 residents in 19 states. Noment specializes in the design, deployment and operation of high-speed Internet access, private cable TV, and digital satellite systems. All across America Noment Networks is bringing the best in high-speed Internet and video entertainment to apartments, student housing, and planned communities. Superior customer choice and service has earned Noment the distinction of being named the most recent Cornerstone High-Speed ISP of the Year. The Cornerstone Awards represent annual recognition of excellence in the field of broadband and digital cable television service for residential multi-family (MDU) and commercial (MTU) properties

About Telkonet
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. In many situations, the Telkonet system can be implemented more quickly and less expensively than adding dedicated wiring or installing a wireless system. The Telkonet PlugPlusInternet family of Internet access products offers a viable and cost-effective alternative to the challenges of hardwiring and wireless local area networks (LANs). Telkonet PlugPlusInternet products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets.

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act 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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Contact:

Telkonet, Inc. 
902-A Commerce Road 
Annapolis, Maryland 21401
866.375.6276 Toll Free 
410.897.5900 Sales Office 
www.telkonet.com


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