HVAC Breaking News

Nov. 12, 2009: Telkonet Ranked Among Fastest Growing Technology Companies in North America

November 12, 2009
/ Print / Reprints /
/ Text Size+

GERMANTOWN, Md. - Telkonet Inc., a developer and manufacturer of proprietary energy management and smart grid networking technology, announced that it has been ranked number 64 in the latest Technology Fast 500™ list, Deloitte LLP’s ranking of 500 of the fastest growing technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004-2008. Telkonet grew 2,841 percent during this period. In addition, Telkonet has been named fifth on the Washington Business Journal’s Fastest Growing Companies list, based upon three-year revenue-growth percentage.

Telkonet’s CEO, Jason Tienor, attributes the company’s significant revenue growth over the last several years to its clean technology offering along with its centralized Web-managed platform that integrates energy management, broadband networking, and support services. “This ranking represents an important market recognition of Telkonet’s continuing repositioning, growth, and revenue levels, demonstrating the value and ongoing potential of our strategic clean technology platform. We are enforcing our position as an important player in the energy efficiency market, as well as expanding our penetration into the smart grid home area network (HAN) space. We’re continuing to build market share, despite difficult economic conditions - clearly demonstrated by our revenue-growth percentages, as highlighted by both the Technology Fast 500 and the Washington Business Journal’s Fastest Growing Companies listings.”

“Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, vice chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. “We congratulate Telkonet on this accomplishment.”

For the Washington Business Journal’s Fastest Growing Companies, in addition to high growth rates, companies must have had 2006 revenue of more than $2 million and 2008 revenue of more than $10 million in order to be eligible. Participants in the survey were based in the metropolitan Washington, D.C., region.

For more information about Telkonet, visit www.telkonet.com.

Publication date: 11/09/2009

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.



Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.


NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts



NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe


Which statement on service calls best applies to your business?
View Results Poll Archive


2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con