ANNAPOLIS, MD--(Marketwire - 12/28/09) - TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS - News), a leading provider of mission-critical wireless communications, today announced that it has been awarded an additional $8 million in funding from the U.S. Marine Corps for the TCS Wireless Point-to-Point Link (WPPL) systems. WPPL systems provide deployed Marines with secure point-to-point and point-to-multipoint transmission of voice, video and data communications over terrestrial microwave radio links. Under this award, TCS will provide field support representatives and extended maintenance warranty support. In addition, TCS will supply spare parts for the RF and Network packages of the WPPL systems, including sector and directional antennas, modems, routers, router cards and router modules.
The TCS WPPL provides Marines with critical last-mile communications and allows them to extend their Local Area Network (LAN) to forward-deployed locations by extending services over terrestrial microwave radio links. It enables Non-Secure Internet Protocol Router (NIPR), Secret Internet Protocol Router (SIPR), Voice over IP (VoIP), Video and Defense Switched Network transmission of vital information.
This order was awarded by the Army Project Manager for the Warfighter Information Network-Tactical (PM WIN-T) Commercial Satellite Terminal Program (CSTP) and through the U.S. Army's $5 billion World-Wide Satellite Systems (WWSS) contract vehicle.
"Our WPPL system has proven to be a workhorse in-theater," said Michael Bristol, senior vice president of government solutions for TCS. "We continue to field these systems on a regular basis and support the forward-deployed warfighter with critical last-mile communications capability."
The TCS SwiftLink(R) family of deployable communications solutions provides multimedia capabilities to convey encrypted voice, video and data. TCS SwiftLink products are highly transportable and ruggedized, with a graphical user interface that facilitates easy set-up and operation. The modularity and "plug and play" interfaces between all RF and Baseband configurations inherent in the SwiftLink product line result in communication solutions tailored to the end-user's specific needs.
TCS has established a proven track record over the past decade of providing cost effective, highly reliable solutions to the Department of Defense, Special Operations and intelligence communities, the Department of Homeland Security and the Department of State. The TCS SwiftLink product line meets the critical communications demands of this elite customer set, no matter where or how they deploy.
For more information on TCS WPPL solutions, visit: http://www.telecomsys.com/government/TCS_Wireless_PPL_WPPL
About TeleCommunication Systems, Inc.
The TCS WPPL provides Marines with critical last-mile communications and allows them to extend their Local Area Network (LAN) to forward-deployed locations by extending services over terrestrial microwave radio links. It enables Non-Secure Internet Protocol Router (NIPR), Secret Internet Protocol Router (SIPR), Voice over IP (VoIP), Video and Defense Switched Network transmission of vital information.
This order was awarded by the Army Project Manager for the Warfighter Information Network-Tactical (PM WIN-T) Commercial Satellite Terminal Program (CSTP) and through the U.S. Army's $5 billion World-Wide Satellite Systems (WWSS) contract vehicle.
"Our WPPL system has proven to be a workhorse in-theater," said Michael Bristol, senior vice president of government solutions for TCS. "We continue to field these systems on a regular basis and support the forward-deployed warfighter with critical last-mile communications capability."
The TCS SwiftLink(R) family of deployable communications solutions provides multimedia capabilities to convey encrypted voice, video and data. TCS SwiftLink products are highly transportable and ruggedized, with a graphical user interface that facilitates easy set-up and operation. The modularity and "plug and play" interfaces between all RF and Baseband configurations inherent in the SwiftLink product line result in communication solutions tailored to the end-user's specific needs.
TCS has established a proven track record over the past decade of providing cost effective, highly reliable solutions to the Department of Defense, Special Operations and intelligence communities, the Department of Homeland Security and the Department of State. The TCS SwiftLink product line meets the critical communications demands of this elite customer set, no matter where or how they deploy.
For more information on TCS WPPL solutions, visit: http://www.telecomsys.com/government/TCS_Wireless_PPL_WPPL
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS - News) 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.
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 will not be fully funded, 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, 2008, and Form 10-Q for the quarter ended September 30, 2009.
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.
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 will not be fully funded, 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, 2008, and Form 10-Q for the quarter ended September 30, 2009.
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.
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Company Contact:
TeleCommunication Systems, Inc.
Meredith Allen
410-295-1865
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Welz & Weisel Communications
Evan Weisel
703-218-3555
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Scott Liolios
949-574-3860
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