TCS Receives $2.25 Million Department of Defense Contract
Market Wire, September, 2007
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a global leader in mission-critical wireless communications, today announced it has been awarded a $2.25 million contract to support a Department of Defense (DoD) joint program with SwiftLink® deployable networking systems for command and control operations.
The TCS SwiftLink solution provides a Joint Interoperability Test Command (JITC) certified, integrated, rapidly deployable Command and Control (C2) system to Geographic Combatant Commanders. It also supports en route, early entry Joint Task Force (JTF) efforts, rapid response for first responders and small control teams, and full JTF C2 operations.
SwiftLink systems will enable the Geographic Combatant Commanders to fully deploy and activate a JTF headquarters in less than 24 hours. These headquarters are equipped with a command and control system with the ability to plan, control, coordinate, execute and assess operations across the spectrum of conflict and domestic disaster relief.
"Used to support critical DoD missions, these systems are the next step in our continuing support of the DoD community," stated Mike Bristol, Senior Vice President for the TCS Government Solutions Group. "With the JITC certification in place, other DoD customers are able to depend on the TCS SwiftLink solution to meet their critical joint communications requirements."
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 and engineered satellite-based services, and commercial location applications, like traffic and navigation, using the precise location of a wireless device. Customers include leading wireless 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 .
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 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, 2006 and Form 10-Q for the quarter ended June 30, 2007.
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.
Media Contacts: TeleCommunication Systems, Inc. Rita Thompson 410-295-1865 rthompson@telecomsys.com Welz & Weisel Communications Jane Bryant/Evan Weisel 703-218-3555 jane@w2comm.com evan@w2comm.com
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