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TeleCommunication Systems Awarded $10 Million Field Services Order to Support United States Marine Corps Deployable Communicati
ANNAPOLIS, MD--(Marketwire - July 13, 2010) - TeleCommunication Systems, Inc. (TCS) (
The order is initially funded at $1.2 million and will be funded up to a total of $10 million if the options are fully exercised. This latest increment of funding will assist military personnel in the setup, configuration, alignment, operation, troubleshooting, maintenance, repair and upgrades of existing WPPL systems at various locations. The U.S. Army Project Manager for the Warfighter Information Network-Tactical (PM WIN-T) Commercial Satellite Terminal Program (CSTP) is funding these procurements through the U.S. Army's $5 billion World-Wide Satellite Systems (WWSS) contract vehicle.
"The ability to communicate seamlessly from a remote location is a critical need for our U.S. Marines and every other military branch," said Michael Bristol, senior vice president and general manager of government solutions for TCS. "TCS has been providing secure deployable communications capabilities to the U.S. government for more than two decades and prides itself in offering the most experienced personnel to maintain and support the communications efforts of our military. In working with the U.S. Marine Corps, our focus is to equip them with the best technology solutions and support services available."
The TCS WPPL system provides secure line-of-sight / non-line-of-sight RF communications over terrestrial microwave radio links. A cost-effective addition to a traditional VSAT solution, the TCS WPPL allows for Secret Internet Protocol Router (SIPR), Non-secure Internet Protocol Router (NIPR), Voice, Video, and Data transmission of vital information in a point-to-point or point-to-multipoint configuration.
For more information on wireless deployable satellite communication products visit: [ http://www.telecomsys.com/products/deployable-coms/wireless/WPPL.aspx ]
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 the possibility that the contract options will not be exercised, or that the total value of the order will not be fully funded, and 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 on Form 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.