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TeleCommunication Systems, Inc.: TeleCommunication Systems Enters Into License Agreement With Bonneville International Corporat

^{Published on 2009-06-30 07:38:05, Last Modified on 2009-06-30 07:38:59 - Market Wire}
 

ANNAPOLIS, MD--(Marketwire - June 30, 2009) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: [ TSYS ]), a leading provider of wireless communications technology, today announced that it has entered into an intellectual property license agreement with Bonneville International Corporation of Salt Lake City, Utah. Under this agreement Bonneville International will have access to TCS' United States Patents, Numbers 6,891,811 ("Short Messaging Service Center Mobile-Originated to Hypertext Transfer Protocol (HTTP) Internet Communications") and 7,355,990 ("Mobile-Originated to HTTP Internet Communications"). These Mobile-Originated (MO) to HTTP patents enable a wireless user to send a short message to an external application using Internet Protocols (IP) such as HTTP and to receive a reply. The terms of the agreement are confidential.

Among the processes that TCS' MO to HTTP patents enable is the use of Common Short Codes (CSCs), short numeric 4 to 6 digit codes to which wireless users can send text messages in order to access web-based content. A simple example of this process is when a cell phone user sends a text query to the common short code 4636, "INFO," and receives a response from a web-based server. CSCs are used extensively in mobile marketing, advertising and voting campaigns, as well as mobile text message based searches for local information.

"With TCS' significant investment in research and development, it is important to protect our intellectual property," said Drew Morin, Chief Technology Officer of TCS. "At the same time, we are committed to helping the wireless marketing industry to grow through technology licensing agreements with companies like Bonneville."

About Bonneville International

Founded in 1964, Bonneville International's heritage traces its early roots to KSL Radio, which first went on the air in May of 1922 (originally as KZN) in Salt Lake City, and to KSL-TV, which had its on-air debut in 1949. Bonneville International currently operates 29 radio stations in the Los Angeles, Chicago, Washington, D.C., Seattle, Phoenix, St. Louis, Cincinnati, and Salt Lake City markets. Headquartered in Salt Lake City, Bonneville also operates KSL 5 Television (NBC affiliate), online services, and operating divisions Bonneville Communications and Bonneville Satellite.

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. Risks include without limitation 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, 2008, and the quarter ended March 31, 2009.

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.