SOURCE: TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc.

July 14, 2011 07:30 ET

TeleCommunication Systems Receives $60.8 Million World-Wide Satellite Systems Order From U.S. Army

Order to Provide Tactical Super High Frequency (SHF) Satellite Terminals

ANNAPOLIS, MD--(Marketwire - Jul 14, 2011) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has been awarded a new order with a ceiling value of $60.8 million to provide Tactical SHF Satellite Terminals (TSST) to the U.S. Army. The order is initially funded at $53.1 million and will be funded up to a total of $60.8 million if the options are fully exercised. 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 Program Manager for the Warfighter Information Network-Tactical (PM WIN-T). Delivery of the terminals is expected in the second and third quarters of 2012.

"Today's warfighter often depends upon secure, rugged and rapidly deployable systems to achieve their missions," said Michael Bristol, senior vice president and general manager of government solutions for TCS. "TCS is fully committed to providing the highly reliable, world-wide communications technology needed to support our troops."

TCS has established a proven track record for more than two decades as a trusted provider of communication technology solutions to solve the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity, TCS offers the SwiftLink® family of deployable communications solutions and complete end-to-end managed services for converged (IP-based) voice, video and data solutions to organizations requiring seamless, highly secure connectivity between fixed sites and remote operations. For more information, visit: http://www.telecomsys.com/markets/government/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, professional services, and highly secure deployable satellite solutions for mission-critical communications. 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 options could go unexercised, 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, 2010 and 10-Q for the quarter ended March 31, 2011.

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.

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