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TeleCommunication Systems, Inc.: Army Funds Additional $5.6 Million for TCS SNAP Deployable Satellite Solutions

^{Published on 2009-02-19 09:30:26, Last Modified on 2009-02-19 09:31:45 - Market Wire}
 

ANNAPOLIS, MD--(Marketwire - February 19, 2009) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: [ TSYS ]), a leading provider of mission-critical wireless communications, today announced that it has received an additional $5.6 million of funding from the U.S. Army to provide additional Secure Internet Protocol Router (SIPR) and Non-secure Internet Protocol Router (NIPR) Access Point (SNAP) Very Small Aperture Terminal (VSAT) Satellite Systems, and an assortment of Data Packages, Forward Deployed Spares and Field Service Engineers. These systems will support ongoing operations in both Iraq and Afghanistan. This is part of the U.S. Army Communications-Electronics Life Cycle Management Command (CECOM LCMC) order that was announced in August 2008, with a potential value of $246 million, and brings TCS SNAP funding to date to $43.9 million.

It is the sixth increment of SNAP funding 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 over the next few years, along with up to 30 field support personnel.

"Our team is dedicated to the task at hand which is to provide the best possible communications technologies for enabling our brave men and women to accomplish their missions," said Michael Bristol, senior vice president of government solutions for TCS. "We look forward to continuing to provide our military with these deployable communications solutions and are ready to meet any demand asked of us."

The TCS SwiftLink VSAT systems used to fulfill SNAP program requirements provide multimedia communications capabilities which convey encrypted voice, video and imagery 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.

TCS has established a proven track record over the past decade of providing highly specialized solutions to the Department of Defense, Special Operations and Intelligence Communities, the Department of Homeland Security and the Department of State. The TCS SwiftLink product line meets the critical communications demands of this elite customer set, no matter where or how they deploy.

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 ]) engineers and delivers highly reliable wireless communications technology. TCS is a leader in wireless text messaging and location-based technology, including E9-1-1 services and commercial applications like navigation that use the precise location of a wireless device, and secure satellite-based communications systems and services. Customers include leading wireless and VoIP carriers around the world, cable MSOs, automotive telematics vendors, and agencies of the U.S. Departments of Defense, State, and Homeland Security. TCS is one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle. 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. Specific statements in this release that are forward looking include without limitation the expectation that additional funding for systems will be forthcoming, that we anticipate continuing to provide more systems, that we are prepared to meet any demand asked of us, and those risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2007 and Form 10-Q for the quarter ended September 30, 2008.

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.