TeleCommunication Systems to Present at the 7th Annual Wedbush Morgan Securities MAC Conference
March 05 2009 - 11:30AM
Marketwired
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading
provider of mission-critical wireless communications technology,
has been invited to present at the 7th Annual Wedbush Morgan
Securities MAC: Management Access Conference. The conference will
be held at Le Parker Meridien Hotel in New York on March 11-12,
2009.
TCS management is scheduled to present on Thursday, March 12,
2009 at 8:00 a.m. Eastern time with one-on-one meetings held
throughout the day. Management will discuss the company's progress
including recently reported record annual revenue of $220.1 million
in 2008, up 53% year-over-year. GAAP net income was a record $57.6
million or $1.23 per diluted share (including $0.71 tax benefit and
$0.17 Q2 patent sale).
The Wedbush Morgan Securities annual East Coast conference,
first held in 2002, features more than 60 technology companies from
sectors such as: enterprise software, entertainment software,
transaction processors, semiconductors, telecommunications
equipment, telecommunications software and wireless equipment. This
conference provides Wedbush clients with significant value-added
information, small-group meetings and formal presentations while
demonstrating our strong commitment to providing premier research
and execution services.
For more information contact your Wedbush Morgan institutional
salesperson or Alicia Espinosa at 213-688-6736.
About Wedbush Morgan Securities
Wedbush Morgan Securities is a leading financial services and
investment firm that provides private and institutional brokerage,
investment banking, private capital, research, and asset management
to individual, institutional and issuing clients. Founded in 1955,
Wedbush Morgan Securities is one of the largest private,
independent brokerage firms in United States. The firm specializes
in providing brokerage and advisory services to both institutional
and private clients. The Private Client division has 23 regional
offices and over 100 nationwide correspondent offices. Wedbush
Morgan focuses on middle-market companies and their entrepreneurial
leaders, and has met the financing needs of numerous successful
growth companies across a variety of industries through public
offerings, private placements and financial advisory services.
Wedbush Morgan's research and investment banking groups focus on
sectors within technology, consumer goods and services, life
sciences, industrial and business service.
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.
Company Contacts: Tom Brandt Senior Vice President and CFO
TeleCommunication Systems, Inc. Tel 410-280-1001
tbrandt@telecomsys.com Scott Liolios or Matt Glover Investor
Relations Liolios Group Tel 949-574-3860 info@liolios.com
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