Telkonet, Inc. (Telkonet) is a Clean Technology company that develops and manufactures energy efficiency and smart grid networking solutions. The Company’s Clean Technology products are Telkonet SmartEnergy (TSE), Networked Telkonet SmartEnergy (NTSE) and Telkonet Series 5 SmartGrid networking solutions. TSE and NTSE platforms control heating and cooling energy consumption based on room occupancy, as well as other continuously monitored environmental factors. They incorporate Recovery Time, an energy management technology that delivers room-by-room savings by adjusting an unoccupied room’s temperature based on its heating, ventilation and air conditioning (HVAC) equipment, environmental factors, and room characteristics.