TeleCommunication Systems Awarded $1.8 Million Contract to Provide Managed Bandwidth Services for the U.S. Government
ANNAPOLIS, MD--(Marketwire - May 7, 2010) - TeleCommunication Systems, Inc. (TCS) (
TCS will continue to provide a fully operational network for voice, video and data services in remote areas that lack terrestrial communication services. TCS previously has built networks to support government organizations in the Middle East, Africa and in South America, as well as the largest private Very Small Aperture Terminal (VSAT) network in the Asia Pacific region for one of the largest U.S. banking organizations.
"TCS has a long history of providing managed bandwidth services to the U.S. government in support of its unique and very difficult mission-critical objectives," said Jay Icard, vice president of the TCS Government Solutions Group. "Our troops' lives depend on reliable communications, especially while being deployed in some of the most geographically challenging locations in the world. Securing this contract underscores the U.S Government's confidence in our capabilities."
TCS has a two-decade proven track record as a trusted provider of communication technology solutions addressing the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity, TCS offers complete end-to-end managed services for converged (IP-based) voice, video and data satcom for seamless, highly secure connectivity between fixed sites and remote operations, including the SwiftLink® family of deployable communications solutions.
For more information on TCS Managed Satellite Services solutions visit: [ http://www1.telecomsys.com/government/satelliteservices.cfm ]
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 those detailed from time to time in the Company's SEC reports, including the reports on Form 10-K for the year ended December 31, 2009 and 10-Q for the quarter ended March 31, 2010.
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.