SOURCE: TeleCommunication Systems, Inc.

February 27, 2008 16:05 ET

TCS to Present at B. Riley & Co. 9th Annual Las Vegas Investor Conference

ANNAPOLIS, MD--(Marketwire - February 27, 2008) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a global leader in mission-critical wireless communications technology, will present on Friday, April 4, 2008 at 9:30 a.m. Pacific Time (12:30 p.m. Eastern Time) at the B. Riley & Co. 9th Annual Las Vegas Investor Conference to be held at the Palms Casino Resort.

The Ninth Annual B. Riley Investor Conference will be the firm's largest conference to date, with three days of presentations by more than 150 companies in a variety of industries, including retail, semiconductors, technology hardware, software, IT services, communications, media, healthcare and commercial banking. Institutional investors can register for the conference at www.brileyco.com.

Management will discuss recent financial results and company progress, including strong sales trends related to its wireless carrier licenses. They will also address recent contract awards received as one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle and as a $90 million prime contractor on a GSA Satcom II vehicle. For Q4 2007, revenue was up 22% over the comparable period to $37.1 million, with record GAAP net income of $0.06 per share. The company owns a large wireless data patent portfolio and last year won a $10 million patent infringement jury award.

About B. Riley

Founded in 1997, B. Riley & Co began by successfully targeting small cap, California based companies. It has earned a reputation for providing proprietary, unbiased and often contrarian equity and high yield research coverage to institutional and private clients. In addition to providing research on more than 100 companies, it makes a market in approximately 120 securities. The firm provides investment banking services to a wide range of middle market private and public companies. B. Riley is headquartered in Los Angeles and maintains offices in Newport Beach, California, San Francisco and New York. Member NASD and SIPC. For more information, please visit www.brileyco.com.

About TeleCommunication Systems

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

Contact Information

  • Company Contacts:
    Tom Brandt
    Senior Vice President and CFO
    TeleCommunication Systems, Inc.
    Tel 410-280-1001
    tbrandt@telecomsys.com

    Scott Liolios or Matt Glover
    Investor Relations
    Liolios Group
    Tel 949-574-3860
    info@liolios.com