Business Services Industry
INFONXX Selects TCS for Wireless Local Directory Search and Driving Directions; Location Intelligent Application Identifies Businesses and Services In Users Current Proximity
Business Wire, Jan 31, 2005
ANNAPOLIS, Md. -- INFONXX, the world's premier provider of directory assistance and enhanced information services, announced today that it has selected TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a global leader in wireless data and precise location, to enhance its local search and driving directions functionality by incorporating the location of the user and his wireless device.
Directory Assistance (DA) callers in markets served by INFONXX's carrier customers can connect with an operator to search for business listings surrounding the caller's current location, as well as receive location-based driving directions from their current location to their desired destination.
"TCS is a valuable partner in our deployment of location-driven directory assistance," said Margaret Scholl, CEO of INFONXX, North America. "Evolving location-driven directory searches towards multimedia delivery with true navigation is the goal we plan to achieve for our customers using TCS' location solution and expertise."
Today's mobile consumers demand quick and easy access to accurate information from anywhere at any time. INFONXX has responded with a range of enhanced information services, including automatic teller machines, movie listings and dining information in the caller's immediate proximity. The addition of location capabilities to local search is the next step in the evolution of these on-demand enhanced services.
"Directory Assistance is the key to connecting callers to the information, people, places, and business intelligence they need. INFONXX builds the 'electronic bridge' for a large portion of U.S. DA calls. Now, with TCS' advanced location application technology, our services can dramatically increase Directory Assistance's usefulness to the customer," said Susan Wilson, Senior Director of Marketing and Product Development at INFONXX. "We are poised to show the private and business marketplaces again why INFONXX is the ultimate solution."
"The services we provide to INFONXX, coupled with their high quality Directory Assistance products and services, together provide a very powerful combination," said Maurice B. Tose, Chairman, President and CEO of TCS. "This enables third party providers and carriers to leverage the use of location-based services and operator information services to drive additional revenues and demand. We know from experience just how powerful our service can be for both subscribers and operators."
ABOUT INFONXX
INFONXX is the world's premier provider of directory assistance and enhanced information services. As the largest independent directory assistance supplier in the world, INFONXX delivers customer-focused solutions through technological innovation, flexible service transport options and industry-leading product offerings to wireless and landline carriers, corporations and educational institutions in North America. INFONXX has consistently ranked among the best of the industry in all aspects of customer service. In the United Kingdom, the Number 118 118 has become Britain's leading directory assistance service for consumers and businesses. Based in Bethlehem, Pennsylvania, USA, INFONXX employs thousands of customer service representatives and support personnel who manage over 210 million listings at 10 locations around the globe. For more information, visit www.infonxx.com.
ABOUT TELECOMMUNICATION SYSTEMS, INC.
TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS) is a leading provider of mission critical wireless data solutions to carriers, enterprise and government customers. TCS' wireless data offerings include location-based Enhanced 9-1-1 services, and messaging and location service infrastructure for wireless operators, real-time market data and alerts to financial institutions, mobile asset management and mobile office solutions for enterprises, and encrypted satellite communications to government customers. For more information, visit: www.telecomsys.com.
This announcement contains forward-looking statements within the meaning of 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 based upon TCS' current expectations and assumptions that are subject to a number of risks and uncertainties that would cause actual results to differ materially from those anticipated.
The actual results realized by the Company could differ materially from the statements made herein, depending in particular upon the risks and uncertainties described in the Company's filings with the Securities and Exchange Commission (SEC). These include the risks and uncertainties relating to the company's future financial results and ability of the Company to (i) reach and sustain profitability as early as anticipated, (ii) continue to rely on third parties to market and sell the Company's products and for other relevant support, (iii) adapt and integrate new technologies into its products, (iv) expand its business offerings in the new wireless data industry, (v) capitalize on opportunities in the marketplace, (vi) develop software without any errors or defects, (vii) implement its sales and marketing strategies, and (viii) deploy its software and services quickly.
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