SOURCE: TeleCommunications Systems, Inc.
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March 20, 2006 09:45 ET
TCS and COOP Systems Partner to Offer myCOOP™ Continuity Planning Software
Dynamic Solution Now Available on the GSA Schedule Ensures Survivability of Clients' Critical Functions
ANNAPOLIS, MD and HERNDON, VA -- (MARKET WIRE) -- March 20, 2006 -- TeleCommunication Systems,
Inc. (TCS) (NASDAQ: TSYS), a leading provider of mission critical wireless
communications, today announced a partnership with COOP Systems, Inc., a
leading distributor of Web-based software and services for continuity
planning projects in the public and private sector.
The two companies are partnering on sales and marketing efforts targeting
government customers who require Continuity of Operations (COOP) programs
in order to facilitate their ability to continue crucial operations when
faced with debilitative events. The solution supports the lifecycle
management of COOP programs. The target customers include the U.S.
Department of Defense and other agencies that require Continuity of
Operations Plans under PDD-67 and FPC-65 directives.
COOP Systems' myCOOP™ Continuity of Operations software-based solution
is now available for purchase from TCS on the Government Services
Administration (GSA) schedule. TCS has successfully deployed myCOOP™
solutions in support of undisclosed U.S. government customers.
"TCS has an exceptional level of proven experience in the mobile wireless
and government solutions areas, making them a very effective and desired
partner," said Chris Alvord, CEO of COOP Systems, Inc. "With TCS as our
partner, we are dedicated to working together to bring the most complete
and useful Continuity of Operations planning and software solutions to the
critical requirements of the marketplace."
Jay Icard, Vice President of Government Professional Services for TCS,
said, "Traditional Continuity of Operations planning efforts yield static
documentation that is cumbersome to manage and not readily available when a
crisis hits. TCS' COOP planning methodology creates programs that are
dynamic and adaptive to their clients' changing environments. The COOP
Systems' myCOOP™ software turbo-charges the delivery process with a
Web-based collaboration portal that fully integrates the COOP program from
inception through lifecycle maintenance. The solution allows TCS to
efficiently implement our clients' COOP planning requirements and create
programs that comply with Federal directives for Continuity of Operations
preparedness."
TCS' Continuity of Operations Planning offering includes business and risk
analysis; strategy options analysis that yield realistic solutions;
documentation design; exercise support; and technologically advanced
automation options -- all implemented around a program lifecycle that
ensures the survivability of the clients' critical functions.
ABOUT COOP SYSTEMS
COOP Systems, Inc. (www.coop-systems.com), headquartered in Herndon, VA, is
an exciting provider of enterprise-class continuity planning software. With
a special focus on large clients with distributed planning needs,
increasing numbers of innovative private and public sector clients have
been deciding for myCOOP™.
ABOUT TELECOMMUNICATION SYSTEMS, INC.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a leading provider
of mission critical wireless communications to carriers, enterprise and
government customers. TCS' wireless data offerings include location-based
Enhanced 9-1-1 services, and messaging and location service infrastructure
for wireless operators, real-time market data and alerts to financial
institutions, mobile asset management and mobile office solutions for
enterprises, and encrypted satellite communications to government
customers. For more information on TCS visit www.telecomsys.com. For
information on TCS' COOP product offering visit
http://www1.telecomsys.com/government/Coop
This announcement contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities and Exchange Act of 1934, as amended.
These statements are based upon TCS' current expectations and assumptions
that are subject to a number of risks and uncertainties that would cause
actual results to differ materially from those anticipated.
The actual results realized by the Company could differ materially from the
statements made herein, depending in particular upon the risks and
uncertainties described in the Company's filings with the Securities and
Exchange Commission (SEC). These include without limitation risks and
uncertainties relating to the Company's financial results and the ability
of the Company to (i) reach and sustain profitability as early as
anticipated, (ii) continue to rely on its customers and other third parties
to provide additional products and services that create a demand its
products and services, (iii) conduct its business in foreign countries,
(iv) adapt and integrate new technologies into its products, (v) expand its
business offerings in the new wireless data industry, (vi) develop software
and provide services without any errors or defects, (vii) protect its
intellectual property rights, and (viii) implement its sales and marketing
strategy.
Existing and prospective investors are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the
date hereof. The Company undertakes no obligation to update or revise the
information in this press release, whether as a result of new information,
future events or circumstances, or otherwise.