SOURCE: TeleCommunication Systems, Inc.

September 24, 2007 12:46 ET

TCS Receives $12.25 Million Contract for DoD Communications Interoperability Professional Services

Company Receives First Task Order for $275,000

ANNAPOLIS, MD--(Marketwire - September 24, 2007) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a global leader in mission-critical wireless communications, today announced it has been awarded a five-year, $12.25 million indefinite-delivery, indefinite-quantity (IDIQ) contract to support the Department of Defense (DoD) with professional services to ensure communications interoperability and provide specialized testing. TCS received the first task order valued at $275,000 for interoperability and integration services to be provided during the Federal fiscal year ending September 30, 2008.

TCS will support communications systems used in a variety of land, sea and air environments. TCS professional services enable customers such as the DoD to augment their workforces with experts in new communications technologies and equipment.

"We are pleased to serve the U.S. military and support interoperability and DoD initiatives," said Mike Bristol, Senior Vice President for TCS Government Solutions Group. "TCS won this contract based on our proven track record of delivering the subject matter experts to meet DoD current and future critical communications and interoperability requirements."

ABOUT TELECOMMUNICATION SYSTEMS, INC.

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 carriers around the world, and agencies of the U.S. Departments of Defense, State, and Homeland Security. For more information, visit http://www.telecomsys.com.

Except for the historical information contained herein, this news release contains forward-looking statements as defined within 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 subject to risks and uncertainties and are based upon TCS' current expectations and assumptions that if incorrect would cause actual results to differ materially from those anticipated. Risks include without limitation the prospect that the value of this order could reach $12.25 million and those risk factors detailed from time to time in the Company's SEC reports, including the reports on Forms 10-K for the year ended December 31, 2006, and 10-Q for the quarter ended June 30, 2007.

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.

Contact Information

  • Media Contacts:

    TeleCommunication Systems, Inc.
    Timothy Lorello
    410-280-1275
    Email Contact

    Welz & Weisel Communications
    Jane Bryant
    703-218-3555
    Email Contact