SOURCE: TeleCommunication Systems, Inc.

February 27, 2008 17:25 ET

TCS to Present at the Raymond James 29th Annual Institutional Investors Conference

ANNAPOLIS, MD--(Marketwire - February 27, 2008) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a global leader in mission-critical wireless communications technology, has been invited to present at the Raymond James 29th Annual Institutional Investors Conference. The conference will be held March 2-5, 2008 in Orlando, Florida.

TCS Chairman and CEO Maurice B. Tosé, and CFO Tom Brandt are scheduled to present on Tuesday, March 4 at 4:00 p.m. Eastern Time, with one-on-one meetings held throughout the day.

Management will discuss recent financial results and company progress, including strong sales trends related to its software licenses to wireless carriers. 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 recently reported fourth quarter results, when 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.

For more information about the Raymond James conference, go to the conference website at www.raymondjamesecm.com/conferences_events_900_main.asp.

About Raymond James

Raymond James Financial is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd., have more than 4,700 financial advisors serving approximately 1.5 million accounts in 2,200 locations throughout the United States, Canada and overseas. Total client assets exceed $182 billion, of which approximately $31.8 billion are managed by the firm's asset management subsidiaries.

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, 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