SOURCE: TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc.

April 12, 2011 07:30 ET

TeleCommunication Systems Selected as Participant in New $5 Billion FCSA Contract

10-Year GSA Schedule 70 Acquisition Vehicle Enables Government Customers to Purchase Commercial Satellite Solutions Including Transponded Capacity and Subscription Services

ANNAPOLIS, MD--(Marketwire - Apr 12, 2011) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced it is now a participant in the Future Commercial Satellite Communications (COMSATCOM) Services Acquisition (FCSA) under the new section of the General Services Administration's (GSA) Federal Supply Schedule 70 vehicle. This $5 billion, 10-year GSA and Defense Information Systems Agency (DISA) joint contract vehicle enables government agencies to establish contracts with the commercial satellite industry from a single source. It replaces multiple existing contracts including DSTS-G, Inmarsat, and SATCOM-II.

The FCSA program has created two new Special Items Numbers (SINs) under the GSA IT Schedule 70 Multiple Awards Schedule, both available from TCS:

  • COMSATCOM Transponded Capacity (SIN 132-54) - Includes owning/operating or reselling dedicated bandwidth and power on a communications satellite in any available COMSATCOM frequency band.

  • COMSATCOM Subscription Services (SIN 132-55) - Includes COMSATCOM Subscription Services consisting of pre-existing, pre-engineered Fixed Satellite Service and/or Mobile Satellite Service solutions, typically including shared or dedicated satellite resources, ancillary terrestrial components, and Contractor specified networks and equipment, in any available COMSATCOM frequency band.

"COMSATCOM FCSA enables access by government agencies to cost-effective, commercial managed satellite services, such as those provided by TCS," said Mike Bristol, general manager and senior vice president of government solutions for TCS. "TCS is a single source for a growing range of mission-critical satellite, baseband and wireless communications for government customers."

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 a family of deployable communications solutions, SwiftLink® 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.

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 the possibility that the Company will achieve less than planned revenue from this contract vehicle, and those detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 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
    Email Contact

    Media Contact:
    Welz & Weisel Communications
    Evan Weisel
    703-218-3555
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    Scott Liolios
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