SAN FRANCISCO and ANNAPOLIS, Md., May 3,
2012 /PRNewswire/ -- Locaid, the world's largest
Location-as-a-Service company, and TeleCommunication Systems, Inc.
(TCS) (NASDAQ:TSYS), a world leader in highly reliable and secure
mobile communication technology, today announced that TCS'
portfolio of mobile location-based products and services (LBS) will
now incorporate Locaid's Location-as-a-Service capabilities. This
partnership provides wireless operators with access to rapidly
deployable location technology for additional financial yield from
their location infrastructure.
The TCS - Locaid partnership is an industry first that brings a
turn-key LBS solution that includes location network capabilities
via TCS' proven Xypoint® Mobile Positioning Center (MPC) or Xypoint
Gateway Mobile Location Center (GMLC) platforms and cross-carrier,
multi-source, location aggregation enablement. Through this
partnership, Locaid's aggregation solution integrates with TCS'
market-leading network location platforms and enables wireless
operators to rapidly enhance their monetization of a location
technology investment. Further, TCS facilities enable hybrids of
in-network, hosted or managed services location platforms and
cloud-based location aggregation enablement.
Locaid President and CEO Rip Gerber stated, "TCS is known for
providing carriers with new revenue opportunities and delivering
them in a rapidly deployable, hosted and turn-key way. This
agreement is testimony to the importance of Location-as-a-Service
among the biggest players in mobile, and it is an historic first
step between our two companies."
"With the appropriate privacy protections, the location of an
individual has proven to be a valuable asset that can enhance the
value of a carrier or enterprise's service," said Lynne Seitz, vice president of location
products, TCS. "One of our key goals is to help our carrier
customers to monetize this asset by making it available on demand
to third parties across a wide-variety of verticals. After an
extensive study of the mobile location market and providers, we
selected Locaid for their commitment to privacy and impressive
portfolio of content providers, enterprises, application developers
and merchants who will compensate operators for access to
location."
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.
ABOUT LOCAID
Locaid is the world's largest Location-as-a-Service (LaaS)
company. We operate a location privacy platform that allows mobile
developers to locate over 350 million devices for enterprise
authentication, fraud management, consumer location services and
opt-in mobile marketing. Locaid locates smartphones, feature
phones, tablets and any mobile device on leading wireless carriers
including America Movil, AT&T,
Rogers, Sprint, T-Mobile, TELUS and Verizon Wireless. Locaid also
helps shape and enforce location privacy policies via leadership
roles on governing associations including the CTIA, MMA and IAPP.
The largest financial institutions, mobile marketers, M2M platforms
and mobile service providers get network location from Locaid.
Location Matters.™ You can locate us at http://www.loc-aid.com,
@locaid and www.facebook.com/Locaid.
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 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, 2011 and on
Form 10-Q for the quarter ended March 31,
2012.
MEDIA CONTACT:
Lora Friedrichsen or
Valerie Christopherson
Global Results Communications (GRC)
Locaid@globalresultspr.com
+1 949 608 0276
Graham Sorkin
Nadel Phelan
graham@nadelphelan.com
+1-831-440-2406
SOURCE Locaid