Milwaukee, WI - May 25, 2011 (Investorideas.com Newswire) - Telkonet, Inc. (OTCQB: TKOI), operator of the EthoStream Hospitality Network, announced today the signing of a renewal extension with one of the largest timeshare management companies in North America and has started an 802.11n wireless pilot at two prominent vacation resorts. The renewal extends a three-year agreement signed in 2007 for an additional two years of property and guest support.
EthoStream currently services all 65 properties through a mix of Telkonet iWire PLC equipment and wireless hotspots for public area Internet access. The timeshare company is seeking to extend this wireless coverage to all areas of these properties to address the growing wireless demands of its timeshare owners.
"The PLC systems installed in 2007 were able to effectively service these very diverse properties at a time when wireless demand was relatively low, and reliable wireless coverage for campus locations was difficult. With the explosion of portable wireless devices consuming huge quantities of rich media, there is a huge need for ubiquitous wireless coverage," said Matt Koch, VP of Operations for Telkonet. "Our 802.11n wireless solutions provide better coverage and capacity than was previously available, and will prepare these properties for the growing bandwidth need."
The wireless pilot programs focus on two Southern California properties and will feature Ruckus 802.11n controller-based access points, a gigabit Ethernet backbone, and a Pro Dual EthoStream Gateway Server to supply the necessary bandwidth. The EGS Pro Dual supports multiple ISPs for bandwidth aggregation and failover while the gigabit backbone and 802.11n access points provide an exceptional base for integrating additional applications.
The EthoStream Hospitality Network is one of the largest HSIA networks in North America, servicing over 2250 sites and 3.4 million users monthly. Providing service to a wide range of properties from five-diamond locations to small bed and breakfasts, EthoStream's "Total Solution" provides end-to-end installation and support for HSIA networks.
About Telkonet
Telkonet is a leading energy management technology provider offering hardware, software and services to Commercial customers throughout the world. The EcoCentral Platform, in conjunction with the EcoSmart Suite of products, provides comprehensive savings, management and reporting of a building's energy consumption. Telkonet's energy management products are installed in properties within the Hospitality, Military, Educational, Healthcare, Public Housing and Residential markets reducing energy consumption, carbon footprints and eliminating the need for new energy generation. www.telkonet.com
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 revenue 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).
Follow Telkonet on Twitter: http://twitter.com/#!/telkonet
Wednesday, May 25, 2011
Monday, May 23, 2011
Cloud Computing Stock News; GROUP Business Software's (OTCBB:GBSX) "GROUP Live" Cloud Automation Platform Featured in ExpertON Research Report
NEW YORK - May 23, 2011 (Investorideas.com cloud computing stocks newswire) � GBS Enterprises (OTCBB:GBSX), a leader in cloud computing technologies and also specializing in business applications solutions for the IBM Lotus Domino software platform, announced that its subsidiary, GROUP Business Software AG was recently featured in the ExpertON Group "Cloud Vendor Benchmark 2011" research report. The report compared GROUP's Cloud Automation Platform ("GROUP Live") with major cloud computing vendors and positioned GBS as one of the leading providers of cloud management platforms along with other vendors including Microsoft, HP, and VMware.
Excerpts from the ExpertON Group Cloud Vendor 2011 research report:
"With its Group Live business unit, Group Business Software AG (GBS AG) offers a public cloud platform that uses the IBM cloud infrastructure in Ehningen. The service is primarily targeted at ISVs who can use the PaaS platform for a quick entrance into the SaaS market. The Group Live solution is set as management layer on top of the IBM infrastructure and provides required functionality, multi-tenancy provisioning, billing and quota management capabilities."
"Besides these selected and other start-ups, it is mainly the global IT players and software vendors who are positioned in the "leader" quadrant, due to the attractiveness of their cloud management portfolio. GROUP Business Software (GBS) with their 'Group Live' offering and Visionapp AG are an exception and are also ranked as leaders, since they have a very attractive offering which has clearly matured during the last three years and provides a very good coverage of cloud requirements both in medium-sized businesses and large enterprises. Both companies have also implemented major reference projects which further prove the maturity and attractiveness of their technologies."
About ExpertOn Group (www.experton-group.com)
ExpertON Group is the leading fully integrated research, advisory and consulting company for mid-sized and large organizations, maximizing the business value of their ICT investments through innovative, neutral and independent expert advice. Experton Group offers consulting services, market surveys, conferences, seminars and publications related to information and communications technology issues.
The company has offices in Munich, Frankfurt, Kassel, St. Gallen, Dubai, Capetown, and Colorado Springs.
About GBS Enterprises, Inc.
GROUP Business Software AG is a twenty-year old German-based company whose core business is focused on serving IBM's Lotus Notes and Domino market where it has become IBM's largest provider of business solutions worldwide. GROUP caters primarily to mid-market and enterprise size organizations having over 3,500 customers in thirty-eight countries spanning four continents, representing more than 5,000,000 active users of its products. GROUP's customers include Abbot, Ernst & Young, Deutsche Bank, Bayer, HBSC, Merck and Toyota. GROUP provides Cloud Computing technology, Email Management software, Lotus Software Services, Customer Relationship Management software and Risk & Compliance Management solutions. Headquartered in Frankfurt, Germany, the Company has offices throughoutEurope
and North America and employs approximately 250 people in Europe and North America.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors.
Contact:
Gary MacDonald
EVP and Chief Corporate Development Officer
GBS Enterprises, Incorporated
1.917.477.9509
gmacdonald@gbsx.us
Excerpts from the ExpertON Group Cloud Vendor 2011 research report:
"With its Group Live business unit, Group Business Software AG (GBS AG) offers a public cloud platform that uses the IBM cloud infrastructure in Ehningen. The service is primarily targeted at ISVs who can use the PaaS platform for a quick entrance into the SaaS market. The Group Live solution is set as management layer on top of the IBM infrastructure and provides required functionality, multi-tenancy provisioning, billing and quota management capabilities."
"Besides these selected and other start-ups, it is mainly the global IT players and software vendors who are positioned in the "leader" quadrant, due to the attractiveness of their cloud management portfolio. GROUP Business Software (GBS) with their 'Group Live' offering and Visionapp AG are an exception and are also ranked as leaders, since they have a very attractive offering which has clearly matured during the last three years and provides a very good coverage of cloud requirements both in medium-sized businesses and large enterprises. Both companies have also implemented major reference projects which further prove the maturity and attractiveness of their technologies."
About ExpertOn Group (www.experton-group.com)
ExpertON Group is the leading fully integrated research, advisory and consulting company for mid-sized and large organizations, maximizing the business value of their ICT investments through innovative, neutral and independent expert advice. Experton Group offers consulting services, market surveys, conferences, seminars and publications related to information and communications technology issues.
The company has offices in Munich, Frankfurt, Kassel, St. Gallen, Dubai, Capetown, and Colorado Springs.
About GBS Enterprises, Inc.
GROUP Business Software AG is a twenty-year old German-based company whose core business is focused on serving IBM's Lotus Notes and Domino market where it has become IBM's largest provider of business solutions worldwide. GROUP caters primarily to mid-market and enterprise size organizations having over 3,500 customers in thirty-eight countries spanning four continents, representing more than 5,000,000 active users of its products. GROUP's customers include Abbot, Ernst & Young, Deutsche Bank, Bayer, HBSC, Merck and Toyota. GROUP provides Cloud Computing technology, Email Management software, Lotus Software Services, Customer Relationship Management software and Risk & Compliance Management solutions. Headquartered in Frankfurt, Germany, the Company has offices throughout
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors.
Contact:
Gary MacDonald
EVP and Chief Corporate Development Officer
GBS Enterprises, Incorporated
1.917.477.9509
gmacdonald@gbsx.us
Disclosure: GBS Enterprises, Inc. (OTCBB:GBSX) is a paid showcase tech stock, cloud computing stock on Investorideas.com (April 2011 - 1500 per month by third party)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
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Monday, May 16, 2011
Cloud Computing Stock News; IBM and GROUP Business Software AG (OTCBB:GBSX) Sign Cloud Computing Joint Cooperation Agreement
NEW YORK - May 16, 2011 (Investorideas.com cloud computing stocks newswire) � GBS Enterprises Incorporated's (OTCBB:GBSX) subsidiary, GROUP Business Software AG (GBS), signed a joint cooperation agreement with IBM (NYSE:IBM) to provide cloud computing to their enterprise clients in Germany. GBS Enterprises Incorporated owns 50.1% equity interest in GROUP Business Software AG.
The below press release was previously announced by IBM in Germany on April 29, 2011.
April 29, 2011 -- Frankfurt, Germany -- IBM and GROUP Business Software AG (GBS) announced the further expansion of their existing cooperation in the field of cloud computing. The two companies have signed a joint cooperation agreement to address the rapidly expanding market demand for Cloud-Technology solutions in Germany. The primary goal is to better respond to the growing and evolving customer requirements for automated application delivery in clouds and to better manage the complexity of new technologies in heterogeneous environments.
GBS is providing the technology basis with its GROUP Live PaaS cloud platform, while IBM is contributing system integration services, project management and data center operations, in this comprehensive partnership. GROUP Live allows companies to cloud-enable their solutions and to deliver them quickly and fully automated as SaaS applications, significantly improving cost-effectiveness in the deployment and use of these applications.
The two companies will position the resulting solution portfolio with the initial focus on small and medium-sized enterprises while working closely together in the fields of sales, technical services and marketing.
"After we have successfully positioned our cloud platform in the market and already received strong recognition from IBM through a number of awards, we are now looking forward to taking the next step in our relationship", said Constanze Zarth, COO Europe at GBS. "This cooperation at a strategic level is an important milestone for us to open up new ways in the delivery of applications with our joint cloud offering".
"With GBS, we have a long-standing IBM Premium Partner on our side, whose cloud technologies will be of great benefit to customers in the Software-as-a-Service market", says Frank Strecker, Director Cloud Computing, IBM Germany. "At the same time, they will be able to draw on IBM's expertise and secure infrastructure for solutions in the cloud."
About GBS Enterprises, Inc.
GBS Enterprises Incorporated (OTCBB:GBSX) is the 50.1% parent company of Group Business Software AG which is focused on Cloud Computing solutions primarily for the IBM Lotus market. GBS has more than 4,000 customers worldwide with more than 4 million users of their products and services; and has offices in New York, Boston, Atlanta, Toronto, London, Manchester, Copenhagen, and throughout Germany. Its European headquarters is in Frankfurt, Germany and North American headquarters is located in New York City. For more information, please visit www.gbs.com. The contents of the Company's website are not incorporated by reference into this Press Release.
Caution Concerning Forward-Looking Statements
This release contains statements, which may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that results may differ materially from such statements.
Contact:
GROUP Business Software AG:
Marketing and Communications Contact:
Michael Baum, Corporate Communications,
michael.baum@us.gbs.com
GBS Enterprises Incorporated:
Investor Relations Contact:
Gary MacDonald, EVP and Chief Corporate Development Officer,
gmacdonald@gbsx.us
The below press release was previously announced by IBM in Germany on April 29, 2011.
April 29, 2011 -- Frankfurt, Germany -- IBM and GROUP Business Software AG (GBS) announced the further expansion of their existing cooperation in the field of cloud computing. The two companies have signed a joint cooperation agreement to address the rapidly expanding market demand for Cloud-Technology solutions in Germany. The primary goal is to better respond to the growing and evolving customer requirements for automated application delivery in clouds and to better manage the complexity of new technologies in heterogeneous environments.
GBS is providing the technology basis with its GROUP Live PaaS cloud platform, while IBM is contributing system integration services, project management and data center operations, in this comprehensive partnership. GROUP Live allows companies to cloud-enable their solutions and to deliver them quickly and fully automated as SaaS applications, significantly improving cost-effectiveness in the deployment and use of these applications.
The two companies will position the resulting solution portfolio with the initial focus on small and medium-sized enterprises while working closely together in the fields of sales, technical services and marketing.
"After we have successfully positioned our cloud platform in the market and already received strong recognition from IBM through a number of awards, we are now looking forward to taking the next step in our relationship", said Constanze Zarth, COO Europe at GBS. "This cooperation at a strategic level is an important milestone for us to open up new ways in the delivery of applications with our joint cloud offering".
"With GBS, we have a long-standing IBM Premium Partner on our side, whose cloud technologies will be of great benefit to customers in the Software-as-a-Service market", says Frank Strecker, Director Cloud Computing, IBM Germany. "At the same time, they will be able to draw on IBM's expertise and secure infrastructure for solutions in the cloud."
About GBS Enterprises, Inc.
GBS Enterprises Incorporated (OTCBB:GBSX) is the 50.1% parent company of Group Business Software AG which is focused on Cloud Computing solutions primarily for the IBM Lotus market. GBS has more than 4,000 customers worldwide with more than 4 million users of their products and services; and has offices in New York, Boston, Atlanta, Toronto, London, Manchester, Copenhagen, and throughout Germany. Its European headquarters is in Frankfurt, Germany and North American headquarters is located in New York City. For more information, please visit www.gbs.com. The contents of the Company's website are not incorporated by reference into this Press Release.
Caution Concerning Forward-Looking Statements
This release contains statements, which may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that results may differ materially from such statements.
Contact:
GROUP Business Software AG:
Marketing and Communications Contact:
Michael Baum, Corporate Communications,
michael.baum@us.gbs.com
GBS Enterprises Incorporated:
Investor Relations Contact:
Gary MacDonald, EVP and Chief Corporate Development Officer,
gmacdonald@gbsx.us
Disclosure: GBS Enterprises, Inc. (OTCBB:GBSX) is a paid showcase tech stock, cloud computing stock on Investorideas.com (April 2011 - 1500 per month by third party)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
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