SOURCE: TeleCommunication Systems, Inc.

April 22, 2008 16:05 ET

TeleCommunication Systems to Present at 2008 AeA Micro Cap Financial Conference

ANNAPOLIS, MD--(Marketwire - April 22, 2008) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a global leader in mission-critical wireless communications technology, was invited to present at the 2008 AeA Micro Cap Financial Conference to be held in Monterey, California, May 4-6, 2008.

TeleCommunication Systems' chairman, president and CEO, Maurice B. Tosé, and senior vice president and CFO, Tom Brandt, are scheduled to conduct a series of 30-minute presentations on May 5.

Management will discuss recent financial results and company progress, including strong wireless carrier licenses sales trends. They will also address recent contract awards received as one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle. For Q4 2007, 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.

Now in its 10th year, the AeA Micro Cap Financial Conference provides 100 AeA member public companies with an ideal environment to showcase their companies to some 300 key technology-oriented fund managers, institutional investors, investment bankers, and research analysts. In this exclusive three-day conference, company executives present their technologies, strategic missions, trend analysis, and other significant information to focused groups interested in technology companies with a market cap or annual revenues up to $200 million.

About AeA

AeA (formerly the American Electronics Association) was founded in 1943 and is the largest association of high-tech companies in the United States with about 2,500 companies, representing all segments of the industry and 1.8 million employees. For more information about the conference, please visit: www.aeanet.org/MicroCap or call AeA at (408) 987-4236.

About TeleCommunication Systems, Inc.

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
    Email Contact

    Scott Liolios or Matt Glover
    Investor Relations
    Liolios Group
    Tel 949-574-3860
    Email Contact