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TeleCommunication Systems, Inc.: TeleCommunication Systems Receives $1.6 Million Order From U.S. Army for Joint Tactical Radio

^{Published on 2009-10-16 06:10:12 - Market Wire}
 

ANNAPOLIS, MD--(Marketwire - October 16, 2009) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: [ TSYS ]), a leading provider of mission-critical wireless communications, today announced that it has received a $1.6 million order from the U.S. Army funded by NORTHCOM to supply JTRS radios and associated Audio Control Units (ACUs).

This award by the Army Project Manager for the Warfighter Information Network-Tactical (PM WIN-T) is under the U.S. Army's $5 billion Worldwide Satellite Systems (WWSS) contract vehicle.

"TCS is pleased to support the activities of U.S. NORTHCOM, especially when these are related to a critical program such as JTRS," said Michael Bristol, senior vice president of government solutions for TCS. "This award underscores the excellent relationship that TCS enjoys with the U.S. Army."

TCS has established a proven track record over the past decade of providing cost effective, highly reliable solutions to the Department of Defense, Special Operations and intelligence communities, the Department of Homeland Security and the Department of State. For more information on TCS government solutions visit: [ http://www1.telecomsys.com/government/index.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. 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 Form 10-Q for the quarter ended September 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.