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TeleCommunication Systems Selected as Participant in New $5 Billion FCSA Contract
ANNAPOLIS, MD--(Marketwire - April 12, 2011) - TeleCommunication Systems, Inc. (TCS) (
The FCSA program has created two new Special Items Numbers (SINs) under the GSA IT Schedule 70 Multiple Awards Schedule, both available from TCS:
COMSATCOM Transponded Capacity (SIN 132-54) - Includes owning/operating or reselling dedicated bandwidth and power on a communications satellite in any available COMSATCOM frequency band.
COMSATCOM Subscription Services (SIN 132-55) - Includes COMSATCOM Subscription Services consisting of pre-existing, pre-engineered Fixed Satellite Service and/or Mobile Satellite Service solutions, typically including shared or dedicated satellite resources, ancillary terrestrial components, and Contractor specified networks and equipment, in any available COMSATCOM frequency band.
"COMSATCOM FCSA enables access by government agencies to cost-effective, commercial managed satellite services, such as those provided by TCS," said Mike Bristol, general manager and senior vice president of government solutions for TCS. "TCS is a single source for a growing range of mission-critical satellite, baseband and wireless communications for government customers."
TCS has established a proven track record for more than two decades as a trusted provider of communication technology solutions to solve the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity, TCS offers a family of deployable communications solutions, SwiftLink® and complete end-to-end managed services for converged (IP-based) voice, video and data solutions to organizations requiring seamless, highly secure connectivity between fixed sites and remote operations.
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 Company will achieve less than planned revenue from this contract vehicle, 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, 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.