TeleCommunication Systems Receives $2.4 Million Additional Funding to Deliver U.S. Marine Corps Integrated Communications System
June 22 2011 - 8:45AM
Marketwired
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world
leader in highly reliable and secure mobile communication
technology, today announced that it has been awarded additional
incremental funding of $2.4 million to provide the U.S. Marine
Corps (USMC) with field services support for its Wireless
Point-To-Point Link-Delta Solutions (WPPL-D). The U.S. Army Project
Manager for the Warfighter Information Network-Tactical (PM WIN-T)
Commercial Satellite Terminal Program (CSTP) is managing these
procurements through the Army's $5 billion World-Wide Satellite
Systems (WWSS) contract vehicle.
The TCS WPPL-D system provides secure point-to-point and
point-to-multipoint, line-of-sight and non-line-of-sight
transmission of voice, video, and data communications. WPPL enables
the USMC to close the gap on the "last digital mile," pushing data
services to the network edge using a low-cost alternative to
expensive beyond-line-of-sight satellite communications.
"The USMC understands the importance of providing dependable
wireless deployable communications solutions to support its
soldiers tasked with working in the most demanding conditions of
current military operational theaters," said Michael Bristol,
senior vice president and general manager of government solutions
at TCS. "As our troops deal with extreme geographies while
constantly on the move, they appreciate that the TCS WPPL-D system
is easy to install and operate and provides reliable connectivity.
This additional funding demonstrates the successful ongoing
relationship between TCS and the USMC."
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
deployable highly-secure communications solutions and complete
end-to-end managed services for converged (IP-based) voice, video
and data solutions to organizations requiring seamless and secure
connectivity between fixed sites and remote operations.
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world
leader in highly reliable and secure mobile communication
technology. TCS infrastructure forms the foundation for market
leading solutions in E9-1-1, text messaging, commercial location
and deployable wireless communications. TCS is at the forefront of
new mobile cloud computing services providing wireless applications
for navigation, hyper-local search, asset tracking, social
applications and telematics. Millions of consumers around the world
use TCS wireless apps as a fundamental part of their daily lives.
Government agencies utilize TCS' cyber security expertise,
professional services, and highly secure deployable satellite
solutions for mission-critical communications. Headquartered in
Annapolis, MD, TCS maintains technical, service and sales offices
around the world. To learn more about emerging and innovative
wireless technologies, 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 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, 2010, and on Form 10-Q for the
quarter ended March 31, 2011.
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.
Company Contact: TeleCommunication Systems, Inc. Meredith
Allen 410-295-1865 Email Contact Media Contact: Welz &
Weisel Communications Evan Weisel 703-218-3555 Email Contact
Investor Relations: Liolios Group, Inc. Scott Liolios
949-574-3860 Email Contact
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