SOURCE: TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc.

July 14, 2010 07:00 ET

TeleCommunication Systems Awarded $6.1 Million World-Wide Satellite Systems Order From U.S. Army

Contract Awarded to Support SATCOM Communication and Mission Analysis Shelters

ANNAPOLIS, MD--(Marketwire - July 14, 2010) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has been awarded an order with a ceiling value of $6.1 million to provide SATCOM Communication and Mission Analysis (SCMA) Shelters to the U.S. Army. The order is initially funded at $1.5 million and will be funded up to a total of $6.1 million if the options are fully exercised through August 2011. This award was made under the Army's $5 billion World-Wide Satellite Systems (WWSS) Indefinite Delivery Indefinite Quantity (IDIQ) contract vehicle in support of the Project Manager for the Warfighter Information Network - Tactical (PM WIN-T).

TCS has a two-decade proven track record as a trusted provider of communication technology solutions addressing the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity, TCS offers complete end-to-end managed services for converged (IP-based) voice, video and data satcom for seamless, highly secure connectivity between fixed sites and remote operations, including the SwiftLink® family of deployable communications solutions.

"TCS is dedicated to providing reliable SATCOM solutions so that today's warfighter can communicate regardless of location or situation," said Michael Bristol, senior vice president and general manager of government solutions for TCS. "Being able to access critical data while being remote is a necessity and TCS has a long history of successfully providing solutions and tools to the Warfighters."

For more information on TCS' deployable satellite communication products visit:
http://www.telecomsys.com/products/deployable-coms/default.aspx 

About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS' cyber security expertise and professional services. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit 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 that the order might not be fully funded, and those detailed from time to time in the Company's SEC reports, including the reports on Form 10-K for the year ended December 31, 2009 and 10-Q for the quarter ended March 31, 2010.

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

  • Company Contact:
    TeleCommunication Systems, Inc.
    Meredith Allen
    410-295-1865
    MAllen@telecomsys.com

    Media Contact:
    Welz & Weisel Communications
    Evan Weisel
    703-218-3555
    evan@w2comm.com

    Investor Relations:
    Liolios Group, Inc.
    Scott Liolios
    949-574-3860
    info@liolios.com