SOURCE: TeleCommunication Systems, Inc.

March 05, 2007 09:00 ET

TCS Awarded $4 Million Long-Term Satcom Contract for Secure Communications Network

Global Private Network Includes Expanded Bandwidth and Extends Voice, Data, Mission-Critical Applications

ANNAPOLIS, MD -- (MARKET WIRE) -- March 5, 2007 -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading provider of mission-critical wireless data solutions, today announced the award of a 33-month contract extension valued at more than $4 million. The extension provides for delivery of multiple SwiftLink® Very Small Aperture Terminal (VSAT) units, ongoing maintenance support, satellite space segment, private iDirect hub services, high-speed secure Internet connections, Virtual Private Network (VPN) connectivity and continuation of end-to-end communications solutions to certain government customer organizations.

"This extension to provide additional bandwidth and expanded services represents another win for TCS in providing our proven, mission-critical SwiftLink solution suite," said Mike Bristol, TCS' Senior Vice President, Government Network Solutions Group. "TCS understands that customer service is as important as the technology it offers. This is why we provide 24x7x365 operations and maintenance support."

Customers can rely on TCS for secure uplink and satcom service backed by a Service Level Agreement (SLA) with annual availability exceeding 99 percent. TCS' satcom services are deployed worldwide by government agencies and are supported with TCS' leading customer service capabilities.


TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) 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 operators around the world, and agencies of the U.S. Departments of Defense, State, and Homeland Security. For more information, visit

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 for 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.

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