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TeleCommunication Systems, Inc.: TeleCommunication Systems to Present at the Raymond James 30th Annual Institutional Investors

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  Published in Science and Technology on Thursday, March 5th 2009 at 8:19 GMT, Last Modified on 2009-11-04 08:09:42 by Market Wire
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ANNAPOLIS, MD--(Marketwire - March 5, 2009) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: [ TSYS ]), a leading provider of mission-critical wireless communications technology, has been invited to present at the Raymond James 30th Annual Institutional Investors Conference. The conference will be held March 9-11, 2009 in Orlando, Florida.

TCS management is scheduled to present on Monday, March 9 at 1:40 p.m. Eastern time, with one-on-one meetings held throughout the day. Management will discuss the company's progress including recently reported record annual revenue of $220.1 million in 2008, up 53% year-over-year. GAAP net income was a record $57.6 million or $1.23 per diluted share (including $0.71 tax benefit and $0.17 Q2 patent sale).

For more information about the Raymond James conference, go to the conference website at [ http://www.rjcapitalmarkets.com/conference_detail_main.asp?content_id=175 ].

About Raymond James

Founded in 1962 and a public company since 1983, Raymond James is a diversified financial services holding company with subsidiaries engaged primarily in investment and financial planning, in addition to investment banking and asset management. Through three broker/dealers, more than 5,000 financial advisors serve approximately 1.9 million accounts in approximately 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $170 billion, of which approximately $28 billion are managed by the firm's asset management subsidiaries.

About TeleCommunication Systems

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 ].