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TeleCommunication Systems, Inc.: U.S. Marine Corps Funds $3.4 Million to Procure Additional TeleCommunication Systems Wireless
ANNAPOLIS, MD--(Marketwire - September 24, 2009) - TeleCommunication Systems, Inc. (TCS) (
The TCS WPPL provides Marines deployed in remote areas of the world with critical last-mile communications and allows them to extend their Local Area Network (LAN) to forward-deployed locations by extending services over terrestrial microwave radio links. It enables Non-Secure Internet Protocol Router (NIPR), Secret Internet Protocol Router (SIPR), Voice over IP (VoIP), Video, and Defense Switched Network transmission of vital information.
With this increase, TCS' total of WPPL funding now exceeds $43 million under the U.S. Marine Corps order awarded by the Army Project Manager for the Warfighter Information Network-Tactical (PM WIN-T) Commercial Satellite Terminal Program (CSTP) and through the U.S. Army's $5 billion World-Wide Satellite Systems (WWSS) contract vehicle. The WPPL delivery order contract has a potential total value of $70 million, including all option years through 2011.
"Our Marines rely increasingly on the efficacy of last-mile communications in remote and rugged locations," said Michael Bristol, senior vice president of government solutions for TCS. "With the WPPL system they can rest assured that their communications lifeline is covered in those very forward-deployed positions."
The TCS SwiftLink® family of deployable communications solutions provides multimedia capabilities to convey encrypted voice, video and 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 TCS WPPL solutions, visit: [ http://www.telecomsys.com/government/TCS_Wireless_PPL_WPPL ]
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (
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 that the delivery order will not be fully funded or that all contract options are not exercised, and 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 quarter ended June 30, 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.