SOURCE: TeleCommunication Systems

October 23, 2007 08:00 ET

TeleCommunication Systems to Present at the 2007 AeA Classic Financial Conference

ANNAPOLIS, MD--(Marketwire - October 23, 2007) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), was invited to present at the 2007 AeA Classic Financial Conference to be held in Monterey, California, November 4-7, 2007.

TeleCommunication Systems' chairman, president and CEO, Maurice B. Tosé, and senior vice president and CFO, Tom Brandt, are scheduled to conduct a series of 45-minute presentations on November 6 and 7.

Management will discuss recent financial results and company progress in both its commercial and government segments. They will address recent contract awards received as one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle, and progress toward enhanced visibility of carrier software license sales. As of the second quarter ended June 30, TCS has record trailing twelve-month ("TTM") revenues of $130.8 million and record TTM EBITDA from continuing operations of $13.5 million or $0.33 per diluted share. The company owns a large wireless data patent portfolio and in May won a $12 million patent infringement jury award.

Now in its 37th year, the AeA Classic Financial Conference provides member public technology companies with an ideal environment to showcase their companies key technology-oriented fund managers, institutional investors, investment bankers, and research analysts. In this exclusive three-day conference, company executives present their technologies, strategic missions, trend analysis, and other significant information to focused groups interested in technology companies with a market cap or annual revenues up to $4 billion.

About AeA

AeA (formerly the American Electronics Association) was founded in 1943 and is the largest association of high-tech companies in the United States with about 2,500 companies, representing all segments of the industry and 1.8 million employees. For more information about the conference, please visit: or call AeA at (408) 987-4236.

About TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc. (TCS) produces wireless data communications technology solutions that require proven high levels of reliability. TCS provides wireless and VoIP E9-1-1 network-based services, secure deployable communication systems and engineered satellite-based services, and commercial location applications, like traffic and navigation, using the precise location of a wireless device. Customers include leading wireless and VoIP carriers around the world, and agencies of the U.S. Departments of Defense, State, and Homeland Security. For more information, visit