SOURCE: TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc.

July 12, 2010 07:00 ET

U.S. Army Funds $25.4 Million to Procure TeleCommunication Systems SNAP Deployable Satellite Systems and Maintenance

ANNAPOLIS, MD--(Marketwire - July 12, 2010) -  TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has received an additional $25.4 million in funding from the U.S. Army for Secret Internet Protocol Router (SIPR) and Non-secure Internet Protocol Router (NIPR) Access Point (SNAP) Very Small Aperture Terminal (VSAT) Satellite Systems. This funding is part of the U.S. Army Communications-Electronics Life Cycle Management Command (CECOM LCMC) orders that were announced in August 2008 and September 2009.

This incremental SNAP funding will provide hardware and maintenance for TCS' highly reliable SwiftLink® deployable communications products. The U.S. Army Project Manager for the Warfighter Information Network-Tactical (PM WIN-T) Commercial Satellite Terminal Program (CSTP) is funding these procurements through the Army's $5 billion World-Wide Satellite Systems (WWSS) contract vehicle. The SNAP program includes options for approximately 1,500 terminals and supporting equipment to be deployed in various sizes and configurations, along with up to 30 field support positions. 

"It is critical that deployed units and their commanders have the ability to communicate with one another regardless of location," said Michael Bristol, senior vice president and general manager of government solutions for TCS. "Our ongoing work with the U.S. Army validates our ability to meet their stringent and unique demands. Warfighters are focused on executing and successfully accomplishing their missions and can't be burdened with complex or unreliable communications solutions. TCS understands this and is dedicated to building the most reliable communications solutions available today."

The TCS SwiftLink VSAT systems used to fulfill SNAP program requirements provide multimedia communications capabilities which convey encrypted voice, video and data. TCS SwiftLink products are highly transportable and ruggedized, with a graphical user interface that facilitates easy set-up and operation. The modularity and "plug and play" interfaces between all RF and Baseband configurations inherent in the SwiftLink product line result in communication solutions tailored to the end-user's specific needs.

For more information on the SwiftLink® SNAP Suite of deployable satellite communication products visit: http://www.telecomsys.com/government/swiftlink/SwiftLink_SNAP_Overview.cfm

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 the possibility that the contract options will not be exercised, or that the total value of the order will 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 Form 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