SOURCE: TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc.

March 05, 2009 11:31 ET

TeleCommunication Systems to Present at the 7th Annual Wedbush Morgan Securities MAC Conference

ANNAPOLIS, MD--(Marketwire - March 5, 2009) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading provider of mission-critical wireless communications technology, has been invited to present at the 7th Annual Wedbush Morgan Securities MAC: Management Access Conference. The conference will be held at Le Parker Meridien Hotel in New York on March 11-12, 2009.

TCS management is scheduled to present on Thursday, March 12, 2009 at 8:00 a.m. Eastern time with one-on-one meetings held throughout the day. Management will discuss the company's progress including recently reported record annual revenue of $220.1 million in 2008, up 53% year-over-year. GAAP net income was a record $57.6 million or $1.23 per diluted share (including $0.71 tax benefit and $0.17 Q2 patent sale).

The Wedbush Morgan Securities annual East Coast conference, first held in 2002, features more than 60 technology companies from sectors such as: enterprise software, entertainment software, transaction processors, semiconductors, telecommunications equipment, telecommunications software and wireless equipment. This conference provides Wedbush clients with significant value-added information, small-group meetings and formal presentations while demonstrating our strong commitment to providing premier research and execution services.

For more information contact your Wedbush Morgan institutional salesperson or Alicia Espinosa at 213-688-6736.

About Wedbush Morgan Securities

Wedbush Morgan Securities is a leading financial services and investment firm that provides private and institutional brokerage, investment banking, private capital, research, and asset management to individual, institutional and issuing clients. Founded in 1955, Wedbush Morgan Securities is one of the largest private, independent brokerage firms in United States. The firm specializes in providing brokerage and advisory services to both institutional and private clients. The Private Client division has 23 regional offices and over 100 nationwide correspondent offices. Wedbush Morgan focuses on middle-market companies and their entrepreneurial leaders, and has met the financing needs of numerous successful growth companies across a variety of industries through public offerings, private placements and financial advisory services. Wedbush Morgan's research and investment banking groups focus on sectors within technology, consumer goods and services, life sciences, industrial and business service.

About TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) engineers and delivers highly reliable wireless communications technology. TCS is a leader in wireless text messaging and location-based technology, including E9-1-1 services and commercial applications like navigation that use the precise location of a wireless device, and secure satellite-based communications systems and services. Customers include leading wireless and VoIP carriers around the world, cable MSOs, automotive telematics vendors, and agencies of the U.S. Departments of Defense, State, and Homeland Security. TCS is one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle. 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